Goldman Sachs: 750,000 Households Could Face Eviction In The Next Four Months

The investment form in a report, said as many as 750,000 households could face eviction before the end of the year —and that as many as 3.5 million households nationwide are behind in their rent payments.

At this point, the only thing stopping that would be an eviction moratorium from Congress, which has been hesitant to agree to such a policy so far. The Biden Administration ordered one previously, but that was overturned by the Supreme Court over the weekend. Many state-level eviction bans are also set to expire soon.

While the government has taken steps to make it easier for renters at risk to receive funds from the Emergency Rental Assistance program, it’s unlikely that money will arrive in time for thousands of families.

Join your host Sean Reynolds, owner of Summit Properties NW, and Reynolds & Kline Appraisal as he takes a look at this developing topic.

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