The housing market might be bouncing back, but that’s cold comfort to the 43 million Americans who either didn’t make their July rent or mortgage payment or are concerned they won’t be able to make their August payment. The numbers come from the U.S. Census Bureau, which includes housing questions on a survey to determine what it calls “housing insecurity.”
States leading the way are Louisiana and Alabama, with 36% and 35% of their adults expressing housing insecurity. As for local metropolitan areas, Miami is the worst at 42%, followed by Riverside California and Houston at 41% and 37%, respectively.
With 32 million Americans still receiving some level of unemployment benefits and the number of COVID-19 cases on the rise, it’s hard to see how this doesn’t get worse before it gets better.