Engelhardt quoted in HousingWire article on pandemic, housing payments

August 6, 2021

HousingWire

Gary V. Engelhardt

Economics Department

Aging Studies Institute

COVID-19

Housing

United States

HousingWire

Gary V. Engelhardt

According to the Mortgage Bankers Association’s Research Institute for Housing America, fewer households missed rent and mortgage payments in the second quarter of 2021. "The recent rise in COVID-19 cases, and elevated inflationary pressures, could slow economic growth and hiring. These potential headwinds could also impact households still facing hardships," says Gary Engelhardt, professor of economics. "Given the level of government support during the pandemic and the more recent improvements in the economy and labor market, it is quite possible that the observed levels of rental non-payments may be at or close to pre-pandemic levels." Read more in the HousingWire article, "More households paid their rent and mortgage in Q2 2021."