In the United States can begin a wave of eviction of the debtors from leased housing due to the end of prohibition on implementation of such actions. It is reported The Hill.
According to the U.S. edition, more than 23 million U.S. residents are unsure or not completely confident that will be able to pay next month’s rent. Thus, about one third of all tenants in the country are experiencing financial difficulties. At the same time, half of respondents said that they were not paid for the previous month of the lease.
In March, when many Americans because of the pandemic coronavirus have lost their jobs and more could not pay the rent, the US President, Donald trump declared a moratorium on eviction of the debtor from the premises. Similar moratoriums were duplicated on the state level, however, their action is soon completed.
Earlier, the Nobel laureate Robert Schiller said that in major U.S. cities, housing prices can drop drastically due to pandemic coronavirus. According to Schiller, the rapid spread of COVID-19 has prompted many Americans to seek better lives outside of cities and de-urbanization will continue to gain momentum.