Real Estate

Experts fear a wave of homelessness once eviction moratoriums end

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Tourists pass by a homeless man sitting on Hollywood Blvd, Hollywood, California on June 12, 2020.

Mark Ralston | AFP | Getty Images

Eviction moratoriums nationwide are set to expire later this month, potentially thrusting tens of thousands of people into a housing crisis. 

Congress in March passed a federal mandate prohibiting evictions or foreclosures until July 24 in response to the coronavirus pandemic. But as the deadline quickly approaches, experts warn that unless Congress passes more relief, renters might be forced out on the streets. 

Across the country, thousands of evictions are either pending or processing, possibly setting up a wave of newly homeless people in the next few…



Source cnbc.com

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