As pandemic lifelines expire, Americans in housing free fall - News Summed Up

As pandemic lifelines expire, Americans in housing free fall


His downstairs tenant owes him nearly $50,000 in back rent on the four-bedroom duplex he owns in Brownsville, Brooklyn. Now, with Congress still deadlocked over the contours of a second pandemic stimulus package, they are entering a new housing abyss, a perilous period of pandemic limbo as the last of the safety nets are set to expire. The day after Christmas, the extended unemployment benefits that have kept 12 million people and their families afloat are scheduled to expire. “They are sheltering our citizens free of charge and there’s nothing we can do about it,” said Johnson-Cosby. But that will not address a brutal 20 days in January, between the safety net expirations and Biden’s inauguration, when the free fall will begin.


Source: bd News24 December 09, 2020 02:03 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */