And across the USA, exploitative buyers rent and sell substandard overpriced properties. Solutions: “throttle the supply of homes to bad actors… and … the implementation of tenants’ right to council. However they also suggest the need for municipal governments to enforce rental property registration and inspection requirements”
Eric Seymour and Joshua Akers | Evictions have recently gained national attention, in large part through the publication of Matthew Desmond’s Pulitzer Prize-winning book, Evicted. According to subsequent work from Desmond and colleagues at Princeton University’s Eviction Lab, we now know that roughly 1 in 40 renter households were evicted between 2000 and 2016, with nearly one million renter households facing eviction each year. While eviction is certainly more likely for low-income renters, Desmond’s work shows how families experiencing eviction fall even further into poverty as a result. After eviction, it becomes even more costly and difficult for already vulnerable families to find housing, hold jobs, and stay healthy.
via Building the Eviction Economy: Speculation, Precarity, and Eviction in Detroit — Urban Affairs Forum
