Portside

Busting into an empty house was a last resort, but the pandemic has turned her precarious housing situation into an emergency.

Ultimately it is crisis-ravaged real estate where Blackstone seeks to continue to find a goldmine while anchored by generous political contributions and fueled by desperation capital pouring out of central banks and governmental treasuries.

We must see real estate market for what it truly is: an institution rooted in settler colonialism that allows land (and the housing that sits atop it) to be distributed and controlled by those who have enough money for their preferences to matter.

With fortunes inflated by corporate welfare, wealthy real estate owners can afford to cancel housing-related expenses and debts for millions of struggling American families.

As fewer people remain able to afford rent in big cities, more leave those cities for cheaper regions, or simply fall out of the housing market and into homelessness. Think tanks and activist groups are thinking outside the box with solutions.

The time for political games, half-measures, and brinkmanship has long passed. Without significant and sustained congressional action, 30 million to 40 million renters are at risk of being evicted by the end of the year.

If you’re old, poor, and African American or Hispanic-Latinx, your chances of infection are especially high and odds of survival significantly lower. The economic downturn could drive the number of homeless to 800,000, an increase of 40% to 45%.

“I just don’t feel that police evicting people is a way to ‘protect and serve.’”

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We need another aid bill. Elected officials have a responsibility to stabilize both communities and the housing market.