New York (CNN Business)Up to 40 million Americans could be evicted by the end of this year, according to a new report published Friday by the Aspen Institute.
The report warns that the United States may be facing the most severe housing crisis in history if conditions do not change, with up to 43% of renter households facing eviction this year.
“As the data demonstrates, the gravity of this situation cannot be overstressed,” said Emily Benfer, law professor at Wake Forest University School of Law and a co-author of the report. “Unless the federal government invests in eviction prevention, we are not only risking widespread eviction and homelessness, we are guaranteeing negative health outcomes, greater unemployment, educational decline, and long-term harm for renters, property owners and communities.”
40 million Americans are at risk of eviction without a stimulus bill
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