Boston real estate and the looming crisis (Video)
COVID has already had a devastating economic impact: One in four American households has experienced job loss or diminished income. Predictably, perhaps, Black and Latino families are taking a disproportionate hit.
Early last September, the Centers for Disease Control and Prevention, citing increased health risks from eviction during the COVID pandemic, issued an eviction moratorium through December 31 for people who can’t make their rent. While protecting some, perhaps even most, renters from eviction, it still requires the payment of all that back rent on January 1, and provides no rent relief.
The order averted a wave of evictions, but it’s a band-aid.