Eviction crisis: Renters still have one protection left until Aug. 24

[Yo_Mama_Been_Loggin]

The US could be about to face a national housing crisis. Starting Aug. 24, millions of renters who were protected from eviction by the CARES Act will no longer be shielded. Combine that with the 30 million or so workers on unemployment who recently lost the $600 per week federal enhancement and have yet to start receiving the $400 per week allotted by an executive memorandum from President Donald Trump, and the result is that nearly half of all US renters may be at risk of eviction in the coming months, according to an analysis by Statista.

If further protections or assistance don't come to pass, as many as 40 million people could be displaced from their homes over the next year, according to the Aspen Institute -- all during the worst economic recession since the Great Depression. Some states may still offer temporary emergency eviction protections, but many, like California's eviction stay, will end soon.

Making things more confusing is President Donald Trump's Aug. 11 executive order about evictions. The order is not a renewal of eviction protections, as the text (excerpted below) makes clear. It isn't known exactly when -- or in what form -- a new eviction moratorium might happen. Without the assurance of a future stimulus package, the situation could worsen.

We're going to walk you through everything we know, from the president's executive order to how to find out if your home is protected under the current law, plus which resources and options are available to you if you're facing a potential eviction now. We update this story often.

https://www.cnet.com/personal-finance/eviction-crisis-renters-still-have-one-protection-left-until-aug-24/?ftag=CAD-04-10abi6g&bhid=24447454298893839703959737945916&mid=12991546&cid=534320049

Heckuva job Trumpy

[CrispyQ]

1. It's time for Wall St. to bail out Main St.

Make the crooked banksters, whose collective ass we had to save a dozen years ago, put a hold on all mortgage/loan payments for the duration of the pandemic and tack the missed payments onto the end of the loan. Why can't we do this? Why does our system always stick it to the little guy, causing more harm, disruption, and grief, than more sensible solutions would do? Why don't we already have a 1¢ per share Pandemic Stock Transaction Tax? Why aren't we discussing raising revenue instead of cutting payroll taxes? One of the most successful campaigns the right ever launched was getting Americans to resent paying taxes.

[MichMan]

3. How does adding mortgage payments to the end of the loan help renters from being evicted?

[CrispyQ]

4. Loan payments for landlords would be paused.

We either do this or we do a credit jubilee or we let the working class sink and watch the economy tank. I don't know how anyone, even republicans, could think that tens of thousands of homeless families benefits our country.

[Amishman]

6. Which is a huge help, but likely need property tax relief in many areas

Not just for landlords who are not receiving rent, but for everyone.

[crickets]

2. Millions about to be homeless right before an election,

including families with kids, and all donnie could think to do was play with the Post Office. :head explodes:

[appalachiablue]

5. All of the above 1-4. End this American nightmare, the money's there