Each year, nearly 5 million Americans lose their homes through eviction and foreclosure, and this year, as tens of millions lose their jobs due to COVID-19 and its associated economic downturn, we anticipate housing loss to be multitudes higher. The COVID-19 crisis has hit North Carolina hard, with 46 percent of households reporting that at least one person in their household has lost employment income since the pandemic began. In June 2020 Forsyth County had an unemployment rate of 8.2 percent, double the rate in June of 2019.
Research conducted by New America’s Future of Property Rights Program, the Environmental Law and Policy Clinic at Wake Forest Law School, the Department of Anthropology at Wake Forest University, and the Center for the Study of Economic Mobility at Winston-Salem State, reveals that in Forsyth County residents experience acute housing loss at a rate double the national average.
What does this research tell us about the intersection of housing, poverty and economic mobility in the county, and how can it help us head off the most acute housing loss in the wake of COVID-19?
Please join New America as they host a virtual panel on September 17 at 12 p.m., to discuss the findings of a year-long study of housing loss in Forsyth County.
Anthropology professor and housing policy expert Sherri Lawson Clark and Steve Virgil, professor and executive director of Experiential Education in the law school are among the panelists. The “Displaced in America” report and data are available here.