Experts Warn Of Looming Housing Crisis As Eviction Courts Reopen

The video discusses the eviction crisis in the U.S., focusing on Virginia, where moratoriums have expired. Terry Bostic, a small business owner in Richmond, faces eviction due to the pandemic's impact on his income. Richmond is one of the top cities with high eviction rates. A poll shows many Americans struggle with housing costs. Richmond's mayor announced a plan to use federal funds for rent assistance, but concerns remain about resource adequacy. The unemployment rate is high, and experts worry about a surge in evictions.

What challenge is Terry Bostic facing due to the pandemic?

• Relocation to another state

• Increased business profits

• Eviction from his residence

• Expansion of his business

Which city in Virginia is noted for having a high eviction rate?

• Charlottesville

• Roanoke

• Norfolk

• Richmond

According to a poll, what percentage of Americans have found it harder to pay for housing since the pandemic?

• 60%

• 50%

• 33%

• 20%

What action has Richmond's Mayor announced to address the eviction crisis?

• Reducing property taxes

• Offering free legal services

• Building new housing units

• Providing rent assistance and funding an eviction diversion program

What is a major concern about the resources allocated for eviction prevention?

• They are too abundant

• They may not be sufficient

• They are only for businesses

• They are being misused