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


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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. ....

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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. ....

United States , New York , Mountain View , Angelica Gabriel , Marybeth Shinn , Felix Cesario , Claas Ehlers , Elizabeth Ananat , Sarahbeth Maney , Liliana Michelena , Rosa Arellano , Gavin Newsom , Los Angeles , Kaitlin Heinen , John Wickham , New York Times , Federal Reserve Bank , California Legislature , Reach Potential Movement , Vanderbilt University , Barnard College , President Biden , Potential Movement , Housing Justice Project , Family Promise , San Jose ,