Homelessness In America Is Increasing Due To Coronavirus (Covid-19)

Homelessness In America Is Increasing Due To Coronavirus (Covid-19)

October 19. 2020

The coronavirus (Covid-19) has severely damaged the U.S. economy, which has lost over $15 trillion dollars in the fall out of the viral pandemic, according to a study by the Journal of the American Medical Association. The financial damage will continue to compound, as the virus rages in America.

Statistics show 1 in 4 Americans lost jobs and income during the pandemic. 41,000,000 people in America filed for unemployment. 8,000,000 people in America have also fallen below the poverty line this year, in a development squarely associated with Covid-19.

Millions of people are facing eviction in America due to the coronavirus pandemic, as they lost their jobs and did not receive unemployment. They began the year ringing in New Years in their homes and apartments and did not fathom what was to come by March via a pandemic, and are now on the streets.

The problem is very real. For example, in the state of Minnesota, local government officials are mulling a plan to convert the Bethesda Hospital into a homeless shelter, as the homelessness rate in the city has skyrocketed due to the coronavirus pandemic.

In the 8-months of the ongoing pandemic, Congress approved one $1,200 stimulus check for each eligible person in America. $1,200 for 8-months is bad. Other comparable major nations gave monthly financially assistance to their citizens. It mitigated a significant amount of the financial damage to citizens. However, Congress dropped the ball.

Currently the Democrats and Republicans are still unable to come to an agreement regarding a second stimulus. However, so much financial damage has been done that a second $1,200 is not enough. Millions of Americans impacted by the pandemic are months behind on mortgage/rent, car payments and credit card bills. Many have lost their cars and credit cards.

Some are weeks away from being evicted. $1,200 will barely make a dent in their debts after months of no or little income. The stimulus checks should be for at least $3,000 per person. It will help some to catch up and stay in their homes. For those who lost everything, $3,000 can help them find a new place to live (security deposit, moving costs, utility connection fees). Credit restrictions will need to be changed as well, as some landlords demand a certain credit score to rent to a prospective tenant.

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