Rozetta Dotson worked two jobs to scrape together the money to pay down a delinquent tax debt on the Kansas City, Kansas, home she owns with her husband, Ricky. Then the pandemic hit, she lost her second job and Ricky got COVID-19.
An estimated 8.8 million Americans are behind on their rent, according the Consumer Financial Protection Bureau. While relief efforts have staved off some of the housing crisis, rent is still going to come due.
Sales of previously occupied U.S. homes fell for the second consecutive month in March because there are so few on the market, and the fierce competition for those that do exist is pushing prices to new highs.