The Southern California Association of Nonprofit Housing estimates there is a current shortage of 551,807 rental homes for households earning less than $41,500 in L.A.

Look at the 2001 recession: unemployment was bad but foreclosures not so much because of high household equity.

If it’s in the case of household safety and health then you have a legitimate case and they would accept to hear it and make that exception. 

Internal Revenue Service, or (iii) received an Economic Impact Payment (stimulus check) pursuant to Section 2201 of the CARES Act;3) the individual is unable to pay the full rent or make a full housing payment due to substantial loss of household income, loss of compensable hours of work or wages, a lay-off, or extraordinary out-of-pocket medical expenses;4) the individual is using best efforts to make timely partial payments that are as close to the full payment as the individual’s circumstances may permit, taking into account other nondiscretionary expenses; and5) eviction would likely render the individual homeless—or force the individual to move into and live in close quarters in a new congregate or shared living setting—because the individual has no other available housing options.

Economic Update(Monday, September 14, 2020)A majority of Los Angeles households face serious financial problems due to the COVID-19 pandemic, with Latinos and Black residents bearing the brunt of the economic pain, according to a new poll conducted by the Robert Wood Johnson Foundation for the Harvard School of Public Health.

When selecting amarket, we focus on 6 important criteria: Job growth Household growth Construction permits Demographics Tenant laws Strong government leadershipGreat returns typically follow these 6 criteria.Something I did while researching markets was to set up an excel grid to compare multiple markets and used a conditional formatting to show the strength of the market compared to the others.

But I didn’t know you had to be in the same household to purchase a vacation home together.

I am a single household person and have a median W2 income of about 42k gross. 

It is also easier to house hack since being single or when those in my household were willing to move around with me and live in a construction zone.

Households still need to deleverage: Most U.S. households still have the same amount of debt and that debt is increasing.2.