The findings that Goldman released mark one of the first comprehensive estimates of what could happen in the absence of the eviction moratorium.
Housing advocates protest on the eviction moratorium in New York in August. | Brittainy Newman/AP PhotoAbout 750,000 renter households will likely lose their homes this year after the Supreme Court blocked the federal eviction moratorium, according to Goldman Sachs economists.
The findings that Goldman released late Sunday mark one of the first comprehensive estimates of what could happen in the absence of the eviction moratorium, which was stopped as state and local governments continued to experience bottlenecks in the delivery of $46.5 billion in federal rental assistance.
“The strength of the housing and rental market suggests landlords will try to evict tenants who are delinquent on rent unless they obtain federal assistance,” the Goldman analysts said. “And evictions could be particularly pronounced in cities hardest hit by the [pandemic crisis], since apartment markets are actually tighter in those cities.”
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