Friday, July 24, 2020

28 Million Americans Face Eviction- CNBC article 7/24/2020

According to this CNBC article today, 28 million Americans face eviction.  Uh... yeah... that's not good.  Landlords are encouraged (by someone, apparently) to "be creative."  I wonder if the banks and lenders the apartment owners owe money to are also encouraged to be creative. 

This short article cites a recent survey of apartment owners, 60% of whom said their tenants can't make rent payments.  All of their tenants?  Or some of them?  It doesn't say.  In any case, here's another ginormous number in a bad category, possible evictions, giving us some sense of just how many people are seriously struggling to stay housed after the craziness of the past few months.

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