Economic Downturn

Federal Rent Relief Is a Public Health Imperative
To ensure families stay in their homes and stay safe during the COVID-19 pandemic, the federal government should extend the CDC's eviction moratorium and other rent relief measures through the new year.

What's in the New Economic Stimulus Package for U.S. Transit Agencies
A new economic stimulus package that appears headed for approval as of this writing will give $15 billion to public transit, far less than transit advocates had hoped, but far better than nothing.

New York, Boston Transit Agencies Back Off Proposed Cuts
News of a potential economic stimulus package in Congress is followed by news that two of the nation's most prominent transit systems are reducing cuts proposed to address plummeting revenues.

How 2020 Changed the Rental Market
A new report by RentCafé reveals the extent of the pandemic's influence on the rental market—so far.

Automobile Dependency: An Unequal Burden
Automobile-dependent planning has changed automobiles from a luxury into a necessity. Excessive vehicle costs leave many households without money to purchase essential food, shelter and healthcare. They need more affordable transportation options.

Highway Boondoggles Continue as the Pandemic Stresses Budgets at Every Level of Government
U.S. PIRG has released the latest edition of the Highway Boondoggles report, the sixth edition of the report published since 2014.

More Transit Agencies Propose Cuts; Congress Finally Takes Notice
The stakes in the economic stimulus package under consideration on Capitol Hill this week are incredibly high.

The Transit Catastrophe Continues: San Francisco, D.C. Forecast Service Cuts, Layoffs
Advocates have been waiting for the other shoe to drop as transit agencies deal with cratered revenues during the pandemic without support from Congress.

Thanksgiving Air Travel Breaks Pandemic Records
As expected, air travel in the United States reached heights not seen since before the pandemic, but still fell well short of the norm.

'Seriously Delinquent' Mortgages Explode, But Don't Expect a Great Recession-Style Meltdown
More and more homeowners are falling behind on mortgage payments as the pandemic lingers, according to recent market data.

The State of Commercial Corridors (And How to Protect Them During the Pandemic)
The pandemic is accelerating recent trends in commercial real estate with potentially catastrophic consequences for the commercial corridors that play such a fundamental role in the urban fabric.

WMATA Approved Buyouts and Service Reductions
The Washington Metropolitan Area Transit Authority couldn't wait for a still hypothetical bailout from Congress or the Biden administration.

Pandemic Emissions Prove How Much of a Difference the U.S. Could Make by Driving Less
Driving in the United States accounted for five percent of global carbon emissions before the pandemic, but U.S. cars and trucks account for 20 percent of the global emission reductions during the pandemic.

National Rent Debt Projected to Reach $7.2 Billion by the End of 2020
The weight of the pandemic is hanging around millions of renters' necks.

Massachusetts Showed States How to Create an Eviction Ban. Now It’s Backpedaling
The Massachusetts eviction moratorium—one of the strongest in the nation—expired, just in time for winter. How did this happen?

Holiday Travel Expected to Slow in 2020, With Economic Impacts for Cities
As the holiday season approaches and the pandemic continues, cities face an uncertain future.

New Car Owners, Fewer Parking Spaces—Chickens Come to Roost in New York City
Many cities like New York have reallocated space formerly reserved for moving and storing cars to help restaurants and stores weather the pandemic, but as more residents rely on cars for the same reason, the dynamic threatens to boil over.

How California Plans to Slow the Corporate Takeover of the Residential Market
The state of California is trying to prevent a repeat of one of the most significant consequences of the Great Recession: large Wall Street interests buying for-sale housing in bulk for conversion to apartments.

The CARES Act Was Supposed to Protect NJ Tenants from Eviction. It Didn’t.
State activists say eviction cases were filed in violation of the CARES Act’s ban on evictions. Pre-trial settlement conferences are further complicating the situation.

Real Estate Defaults Are Coming. Don’t Waste Them.
Here’s what the federal government should do to grab the opportunity to create affordable housing.
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