Nearly 10 million people in the U.S. won’t be able to afford their rent this coming month. According to a new analysis from the Urban Institute, the average delinquent renter owes $5,6000, and their late fees keep piling up. Yet, home prices and sales are skyrocketing. Jim Parrot is a non-resident fellow at the Urban Institute and co-authored the recent report on unpaid rent in America. Soledad O’Brien talks to him about the pandemic’s unequal financial impact and the uneven road to economic recovery.
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