Serial evictions are becoming a worrying trend in the housing market, and it could signal a new housing crisis

Serial evictions are becoming a worrying trend in the housing market, and it could signal a new housing crisis

As rent prices continue to climb, landlord-tenant disputes and eviction notices are on the rise. This is particularly true in large cities with higher housing costs and tight inventory. Low-income families are being disproportionately affected, often unable to afford the skyrocketing rates while landlords take advantage of the situation.

For those already facing poverty and homelessness, the situation can quickly become dire. Many find themselves with no other option but to vacate their homes without finding a suitable alternative due to a lack of affordable options in the area. This leads to a cycle of eviction and relocation, oftentimes worsening a person’s financial and living situation. The situation is exacerbated by strict eviction laws that make it difficult for landlords to remove problem tenants or those who refuse to pay, and there are cases where landlords are taking advantage of this legal loophole.

In response to this growing trend of serial eviction, some cities have started to take action. San Francisco established the Tenants’ Rights Law in February 2020, which focuses heavily on rent stabilization and landlord-tenant disputes. The law caps rent increases at 5% per year, and it also regulates what landlords can and cannot do when evicting tenants. The city has also developed more public assistance programs and increased funding for emergency housing.

The serial eviction trend is indicative of a larger issue within the housing market. Property values have risen significantly in the past few years, and rental costs have followed suit. This has rendered housing unaffordable for many, trapping people in cycles of poverty and eviction. Low-income families are particularly vulnerable, as they face greater difficulty finding safe, affordable housing.

Although local governments have begun taking steps to alleviate the issue, more needs to be done to address the underlying problem. Clever policy solutions such as rent control and anti-discrimination laws may help prevent evictions, but these laws don’t address the systemic issue of unequal wealth distribution and lack of affordable housing. Until these root issues are addressed, serial evictions will likely remain a common occurrence.

The serial eviction trend is a worrying sign of an impending housing crisis. This trend has been exacerbated by skyrocketing rents, lax eviction laws, and a scarcity of affordable housing. Low-income families, communities of color, and individuals facing poverty are particularly at risk of falling into cycles of eviction and displacement. In response, cities like San Francisco have implemented policies to stabilize rent prices and protect tenants from unfair practices. However, in order to truly address the issue of serial evictions, the underlying problems of wealth inequality and a lack of affordable housing must be addressed.

This article was contributed on Oct 06, 2023