U.S. renters are hit the hardest when a hurricane strikes, new research shows

With a severe shortage of affordable housing in the United States, renters living along the East and Gulf coasts are uniquely vulnerable to hurricane disasters. Two new studies based on data from 2009 to 2018 show that renters living along the East and Gulf coasts of the United States face rent increases, higher eviction rates, and a lack of affordable housing in the aftermath of a hurricane. The research will be presented in December at the annual meeting of the 2023 Society for Risk Analysis Annual Conference in Washington, D.C.

Continue Reading

News Source: www.sciencedaily.com