Скачать или смотреть 5 reasons eviction/foreclosure moratorium extension will trigger market crash in 2021

The eviction/foreclosure moratorium is once again extended until October 3, 2021. Honestly?! It will be the last straw that crushes the shaky economy we are in right now. Check out the 5 reasons why I think it will bring the housing market crash at the end of 2021!

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Bilingual subtitles (English and Simplified Chinese) are added! 视频新增中英双语字母，欢迎母语为中文的朋友们观看点赞转发！

Video chapters:
00:00 Moratorium is extended again?!
00:45 Intention to prevent Delta Variant
01:25 Moratorium extension and low rental assistance distribution
03:26 Rental and mortgage non-payment
05:24 Rent increase makes renters desperate
06:35 China PPI cause higher inflation rate

References
Covid cases (as of August 12, 2021)
https://covid.cdc.gov/covid-data-trac...
Renters behind payment (As of July 2021)
https://nlihc.org/sites/default/files...
Households with missed rental and mortgage payments (July 21 to August 2, 2021)
https://www.census.gov/data-tools/dem...
Rental assistance distribution map (As of July 2021)
https://www.cnbc.com/2021/08/11/this-...
Rental assistance distribution rate (as of August 3, 2021)
https://home.treasury.gov/policy-issu...
*Go to the bottom of the page and download the file "Emergency Rental Assistance Program Monthly Compliance Report: June 1-30, 2021" to calculate the distributed rental assistance from Jan 1 to June 30, 2021.*
*Aug 25 update: July distribution is out on file "Emergency Rental Assistance Monthly Compliance Report: July 1- 31, 2021" (Rent assistance paid totaling $5.1billion as of July 31, 2021)*
Loan modification conditions
https://www.forbes.com/advisor/mortga...
Rent increase (2020 to 2021)
https://www.apartmentguide.com/blog/a...
Salary and wage increase (June 2021 yoy)
https://www.bls.gov/news.release/eci....
China’s PPI (July 2021)
http://www.stats.gov.cn/english/Press...

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Disclaimer: This video is for educational purpose only and should not be construed as or acted upon without professional advice. Please consult a mortgage broker or investment professional if you have questions.

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#marketcrash2021 #moratorium #foreclosureban