Residential Instability in the Bay Area through the COVID-19 Pandemic
Jackelyn Hwang,
Vasudha Kumar,
Becky Liang and
Jason Vargo ()
Additional contact information
Vasudha Kumar: https://ccrl.stanford.edu/team
Becky Liang: https://ccrl.stanford.edu/team
Jason Vargo: https://www.frbsf.org/community-development/about/staff/jason-vargo/
Community Development Research Brief, 2022, vol. 2022, issue 04, 37
Abstract:
This report draws on a unique, longitudinal dataset of over 250,000 San Francisco Bay Area residents to examine residential instability—including moving, crowding, and financial health—in the Bay Area during the pandemic. Our research finds a substantial decrease in moving during the pandemic, particularly for residents of extremely low socioeconomic status (SES). At the same time, we report a concerning rise in residents living in crowded conditions and experiencing declining credit scores. These trends suggest that COVID-19 rent relief programs and eviction moratoria may be successful in reducing displacement; however, alternative strategies may be necessary to address other forms of residential instability, like crowding, especially in Black and low-income neighborhoods. This report concludes with recommendations to address residential instability in the Bay Area.
Keywords: covid19; residential instability; rent relief; eviction moratoria; Bay Area (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:fip:fedfcb:94470
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DOI: 10.24148/cdrb2022-4
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