Experts say housing instability could worsen education, health and other trajectories for children in affected families.
The housing affordability crisis that’s hitting chunks of the United States could have implications far into the future. Experts say while housing instability is pressuring families in this moment, it could change education, health and other trajectories for children in those affected families.
Long-term implications for the economy and entire communities
Today’s housing crisis is multifaceted, with housing costs rising so high some families are kept out of the market entirely. Those whose incomes were slashed during the pandemic have fallen so far behind that the Census Bureau estimates 7 million households as of late June face eviction when the temporary moratorium on eviction enacted during the pandemic lifts at the end of the month. Expanded unemployment benefits will expire in September in states that didn’t curtail them early. Read more