In the Media

A report by Harvard’s Joint Center for Housing Studies found that smaller landlords were hurt the most by the eviction ban, with 20% reporting they were owed at least half of the rent they charged last year. By comparison, only 8% of midsized property management companies and 5% of large ones said the same.

A 2019 report from the Harvard Joint Center for Housing Studies said about a third of older households in Pima County are cost-burdened, meaning an inordinate amount of their income goes to housing and keeps them from spending money on other needs.

A report from Harvard’s Joint Center for Housing Studies estimated as many as 4.8 million Black and Hispanic households were spending more than 50 percent of their income on housing.

Raheem Hanifa found that by June 2021, extremely-and -very low-income households with under 30 percent AMI, and between 30-50 percent AMI respectively, could not afford the median-priced home in any of the 100 largest US metro areas.

Many property owners were more willing to offer concessions during the pandemic, waiving late fees and sometimes reducing or forgiving rent, according to a synthesis of two recent studies of mostly small landlords carried out by the Terner Center of Housing Innovation at the University of California, Berkeley, and the Joint Center for Housing Studies of Harvard University.

Multifamily construction is “robust” right now, says Whitney Airgood-Obrycki, a research associate at Harvard’s Joint Center for Housing Studies.

What we’re witnessing is “a major event that should not be shrugged off or ignored,” Don Layton, the former CEO of US mortgage giant Freddie Mac, wrote in a commentary for the Joint Center for Housing Studies of Harvard University.

Alexander Hermann, a senior research analyst at the Joint Center for Housing Studies, said interest rates are at a historic low, which allows homeowners to sell at higher prices without significantly changing buyers’ monthly mortgage payments.

According to a survey of property owners in 10 cities by the Joint Center for Housing Studies at Harvard University, 10% of small landlords and 8% of mid-sized landlords said that they were still owed half or more of their rent by the end of 2020, compared with just 3% of large landlords.

A new report shows that nearly 10% of landlords around the country collected less than half of their rent in 2020. Landlords who owned fewer than six units were most affected.