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.

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