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Pandemic s housing toll: falling behind, doubling up – Finance & Commerce

. As the pandemic enters its second year, millions of renters are struggling with a loss of income and with the insecurity of not knowing how long they will have a home. Their savings depleted, they are running up credit card debt to make the rent or accruing months of overdue payments. Families are moving in together, offsetting the cost of housing by finding others to share it. The nation has a plague of housing instability that was festering long before COVID-19, and the pandemic’s economic toll has only made it worse. Now the financial scars are deepening and the disruptions to family life growing more severe, leaving a legacy that will remain long after mass vaccinations.

Pandemic s Toll on Housing: Falling Behind, Doubling Up

Pandemic’s Toll on Housing: Falling Behind, Doubling Up Eviction moratoriums don’t keep arrears from piling up, and aid to renters may not reach the most vulnerable. Angelica Gabriel and Felix Cesario of Mountain View, Calif., moved out of the bedroom they shared with their two youngest children so they could rent it out. They now sleep in the living room.Credit.Sarahbeth Maney for The New York Times Feb. 6, 2021 As the pandemic enters its second year, millions of renters are struggling with a loss of income and with the insecurity of not knowing how long they will have a home. Their savings depleted, they are running up credit card debt to make the rent, or accruing months of overdue payments. Families are moving in together, offsetting the cost of housing by finding others to share it.

Stimulus Deal Provides Economic Relief, for Now

Stimulus Deal Provides Economic Relief, for Now
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