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Around 750,000 Households Face Eviction in 2021 Following Moratorium Ban: Goldman Sachs

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Around 750,000 Households Face Eviction in 2021 Following Moratorium Ban: Goldman Sachs
A "For Rent" sign is placed in front of a home in Arlington, Va., on June 8, 2021. Will Dunham/File Photo/Reuters
Tom Ozimek
By Tom Ozimek
8/31/2021Updated: 8/31/2021

Goldman Sachs economists predict that some 750,000 renter households are likely to lose their homes this year following the Supreme Court’s decision to block the federal eviction moratorium and the slow pace of emergency rental aid delivery.

Basing their prediction on rent delinquency data from real estate companies, federal agencies, and the National Multifamily Housing Council (NMHC), a trade and advocacy group for the apartment industry, Goldman analysts disclosed their prediction in a report released Sunday. It estimates that between 2.5 million and 3.5 million U.S. households are behind on their rent and, when the eviction moratorium expires at the beginning of October, between 1 million and 2 million households will face a higher risk of eviction.

Tom Ozimek
Tom Ozimek
Reporter
Tom Ozimek is a senior reporter for The Epoch Times. He has a broad background in journalism, deposit insurance, marketing and communications, and adult education.
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