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Rent is out of reach for minimum wage workers across the U S

July 26, 2021 Protesters gather Monday morning outside Sen. Kyrsten Sinema’s office on Camelback Road in central Phoenix. Police arrested 39 people – including the Rev. Jesse Jackson – at the sit-in. (Photo by Emma Ascott/Cronkite News) PHOENIX – Full-time minimum wage workers can’t afford a two-bedroom apartment in any state, according to a recent report from affordable housing advocates, and with housing costs skyrocketing in Arizona, many workers are struggling. According to the National Low Income Housing Coalition’s annual Out of Reach report, those workers in 93% of U.S. counties can’t afford a one-bedroom, either. In Arizona, workers would need to put in 73 hours a week to afford a two-bedroom rental. Excluding weekends, that’s 14.6 hours per day. Still, that’s better than the national average of 97 hours per week, the report said.

A tale of two cities, multifamily housing edition

© Getty Images “It was the best of times, it was the worst of times.” I think of that oft-quoted phrase from the opening paragraph of Charles Dickens’s “A Tale of Two Cities” when reading articles about the 2021 multifamily housing market. In terms of the “best of times,” the market for market-rate apartments is hitting historic highs. According to Realtor.com’s most recent Monthly Rental Report, the U.S. median rent price rose 8.1 percent year-over-year, and 3.2 percent, month-over-month, to a new high. Forty-four of the 50 largest metro areas broke records for prices. According to Real Page, with apartment shortages occurring across much of the country, rents are climbing at the fastest pace in decades. 

UCLA-Led Study Finds COVID Deaths Increased When Eviction Moratoriums Expired - Los Angeles Sentinel

UCLA-Led Study Finds COVID Deaths Increased When Eviction Moratoriums Expired By City News Service Published July 26, 2021 “It’s a good time for the United States to really re-look at our housing policies,” Diana Yentel, the nonprofit National Low-Income Housing Coalition president, told Yahoo! News. “And see what changes need to be made post-pandemic or even during the pandemic to help those who were already struggling.” COVID-19 death rates increased significantly when states lifted eviction moratoriums that were put in place to protect renters who could not make payments during the pandemic, according to a UCLA-led study released today. According to the study, published in the American Journal of Epidemiology, the number of deaths attributed to COVID-19 was five times higher in the four months after eviction moratoriums expired, and the number of COVID- 19 cases doubled.

The chairman of a House coronavirus subcommittee vows to investigate eviction practices by corporate landlords

The chairman of a House coronavirus subcommittee vows to investigate eviction practices by corporate landlords
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