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Housing Matters: “The Future Is Shared”: Why Supporting Renters during COVID-19 Is Critical for Housing Market Stability

on April 20, 2020 in All News by Amy Cola
 

Steve Thomas has operated as a small landlord on the South Side of Chicago for 25 years. Most of his tenants are single mothers living paycheck to paycheck and working low-wage jobs. With employers across the country implementing massive layoffs during the COVID-19 pandemic, most tenants who lose their jobs don’t have enough savings to cover next month’s rent, let alone the next several months’.

“I really don’t know where that leaves us, but I know it leaves us vulnerable,” Thomas said. “It leaves us all vulnerable.”

To read the complete article, visit Housing Matters at Urban Institute Initiative 

Courtesy of Housing Matters at Urban Institute Initiative 

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