coronavirus
Renters Face Growing Debt Burden
The coronavirus pandemic has cost millions their jobs, and that means many tenants haven’t been able to pay rent, landlords have had trouble making mortgage payments and other bills are also stacking up. It’s not clear exactly how big Californian’s debt burden has gotten, but one UC Berkeley study estimated that the rents owed by California households affected by the state’s economic shutdown add up to nearly $4 billion a month. » Read more