Nearly 2 Million US Households Owe $15 Billion in Back Rent: Report

By Epoch Times ——Bio and Archives--August 3, 2021

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An estimated 1.95 million U.S. renter households owed more than $15.3 billion in back rent when the federal eviction moratorium expired on July 31, according to a new report. The number of renter households in debt is expected to reach 2 million by December, the Federal Reserve Bank of Philadelphia said in the July 30 report (pdf). Those households are expected to collectively owe $18.6 billion by that point, with an average debt of $9,300.-- More...

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Epoch Times——Bio and Archives

The Epoch Times: “A Fresh Look at Our Changing World”

The Epoch Times is a privately held news media company. The center is in New York, but our network of local reporters throughout the world uncovers stories that are authentically local, yet also globally relevant. Our independence enables us to report widely and present a diversity of opinions.

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Nearly 2 Million US Households Owe $15 Billion in Back Rent: Report

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