GOLDMAN SACHS: "We believe roughly 750k households will ultimately be evicted later this year ..."

[mahatmakanejeeves]

Dave Weigel Retweeted

I'm skeptical of these figures.

For starters, there are about 1 million evictions every year and no sign of lower rents.

Also, it's important to look at where evictions are happening. They are concentrated in majority Black and immigrant neighborhoods, not evenly distributed.

GOLDMAN SACHS: "We believe roughly 750k households will ultimately be evicted later this year under current policy." (Evictions and the Economy as the Moratoriums End)

Link to tweet

[FBaggins]

1. Why would "no sign of lower rents" be relevant to the conversation?

Indeed... it appears to be contradicted by the GS argument.