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Millions of Americans are heading into the holidays unemployed and over $5,000 behind on rent

Posted on AllSides December 7th, 2020
From The Left

Millions of Americans who lost their jobs during the pandemic have fallen thousands of dollars behind on rent and utility bills, a warning sign that people are running out of money for basic needs.

Nearly 12 million renters will owe an average of $5,850 in back rent and utilities by January, Moody’s Analytics warns. Last month 9 million renters said they were behind on rent, according to a Census Bureau survey.

Economists say this data underscores a failure in the U.S. safety net, which some lawmakers are seeking to address...

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https://www.washingtonpost.com/business/2020/12/07/unemployed-debt-rent-utilities/

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