Nearly 2 Million US Households Owe $15 Billion in Back Rent: Report
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...
View Comments
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.
We have offices in 30 countries across five continents, and our content is published in 17 languages. We are proud to offer print and web editions in Chinese, English, German, French, Spanish, Hebrew, Russian, Japanese, Korean and Indonesian, as well as web versions in Ukrainian, Bulgarian, Romanian, Czech, Slovak, Vietnamese and Swedish.