With some 50 million people renting and many perhaps incurring job or income misfortune because of the crisis, enters in 11 American states and Puerto Rico are among those at the greatest risk of enduring housing instability, according to a new analysis by The Ascent.
The Ascent used government data to determine the areas with high jobless rates and where renters shell out a big percentage of their income.
To conclude which areas renters are most affected by the current pandemic economy, The Ascent based its research on two crucial factors: rent affordability and unemployment.
For the 11 states and Puerto Rico cited in The Ascent’s study, which ones pose current or upcoming threats to renters with rent moratoriums expiring?
On the other hand, I generally discourage using credit cards to pay rent — not only do many landlords not take them, but interest rates tend to be far higher than with personal loans.
