Will the COVID-19 recession create a housing crisis as severe as that of the Great Recession? Millions of Americans lost their housing in the recession a decade ago and, while this recession is unique, the risk of another severe housing crisis is significant.
In this recorded Zoom presentation, William R. Emmons and Lowell R. Ricketts from the Center for Household Financial Stability at the Federal Reserve Bank of St. Louis discuss the current status of housing insecurity in the Eighth District and nationwide, with a special focus on vulnerable households.
Additional discussion topics include efforts to mitigate the harm facing families at risk of losing their housing today and policies to reduce housing insecurity in the future.
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