It's hard to say what the current eviction rates are, given the end of pandemic financial help to those that needed it—and frequently didn't get it—a backlog from the moratorium, and the difficulty of getting court data. But in a typical year landlords file 3.6 million eviction cases, according to the Eviction Lab at Princeton University.

The White House and Department of the Treasury hosted a recent summit on lasting eviction prevention reform, "including through the use of remaining American Rescue Plan (ARP) funds from ERA and State and Local Fiscal Recovery Fund (SLFRF) assistance," which, by definition, aren't going to be lasting long.

Coming out of the pandemic-induced recession, by some measures, things seem better than usual, according to data quoted by the Biden administration. "Despite projections of an eviction "tsunami" following the end of the CDC eviction moratorium in August 2021, eviction filings nationally have remained 26% below historic averages in the 10 months since the end of the moratorium, based on an analysis of data collected by the Eviction Lab at Princeton University."

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.