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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsLooming evictions may soon make 28 million homeless in U.S., expert says
Looming evictions may soon make 28 million homeless in U.S., expert says
PUBLISHED FRI, JUL 10 202011:54 AM EDTUPDATED FRI, JUL 10 202011:57 AM EDT
Annie Nova@ANNIEREPORTER at CNBC
https://www.cnbc.com/2020/07/10/looming-evictions-may-soon-make-28-million-homeless-expert-says.html
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CNBC spoke with Benfer about the coming eviction crisis and what can be done to turn it around. The interview has been condensed and edited for clarity.
CNBC: How does the eviction crisis brought on by the pandemic compare with the 2008 housing crisis?
EB: We have never seen this extent of eviction in such a truncated amount of time in our history. We can expect this to increase dramatically in the coming weeks and months, especially as the limited support and intervention measures that are in place start to expire. About 10 million people, over a period of years, were displaced from their homes following the foreclosure crisis in 2008. Were looking at 20 million to 28 million people in this moment, between now and September, facing eviction.
Emily Benfer
CNBC: You study the intersection of housing and health. What will all these evictions mean for peoples health during the pandemic?
EB: Eviction negatively impacts the trajectory of an individuals life, and it can do that in a permanent way. Studies have demonstrated that eviction causes increased mortality and causes respiratory distress, which in the Covid-19 pandemic can put people in even greater peril. It results in depression, suicides and other poor health outcomes. And the primary response to Covid-19 has been to shelter in place. If theres an increase in homelessness [one economist estimates homelessness could rise by more than 40% this year], that could spread the virus.
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fantase56
(444 posts)can you vote?? Is this their plan?
applegrove
(118,915 posts)beachbumbob
(9,263 posts)proportion as no way 28 million are going to suddenly be evicted. Each state will address this situation so expect it to bad in redstates. Karma is a real
Turbineguy
(37,415 posts)A massive number of empty rentals will cause prices to fall.
Journeyman
(15,044 posts)MichMan
(12,002 posts)Journeyman
(15,044 posts)so the need for solutions extends far beyond their immediate needs.