US evictions crisis?
Business Daily
BBC
4.4 • 816 Ratings
🗓️ 12 August 2020
⏱️ 19 minutes
🧾️ Download transcript
Summary
Millions of Americans face loss of benefits and eviction, threatening to push the US into a deepening recession, after Congress failed to extend the Cares Act.
Ed Butler speaks to Maryland resident Sifu about her eviction by an aggressive landlord, while Alieza Durana of the Eviction Lab at Princeton University explains the broader impact of the lapsing legislation on tenants throughout the country.
Michael Strain of the American Enterprise Institute think tank gives his free-market take on the effectiveness of the Cares Act and President Trump’s intervention to keep some level of benefits going. Plus Moody's chief economist Mark Zandi says the political deadlock in Washington risks economic depression.
(Picture: Banners against eviction in Washington DC; Credit: Eric Baradat/AFP via Getty Images)
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Hi there, I'm Ed Butler. Welcome to Business Daily from the BBC. Today, the agony facing millions of |
| 0:07.5 | Americans who can't pay the rent. We were just being accosted, harassed. The messages were just like, |
| 0:14.9 | you freeloaders, you squatters, it was just very tense. A renter's nightmare, potentially an eviction's crisis. What could all |
| 0:25.2 | this mean for the U.S.? That's the recipe for pushing the U.S. economy back into recession with |
| 0:30.6 | double-dural unemployment, at least through to the other side of the pandemic. And my sense of it |
| 0:36.0 | would be that this period will go down in history as an |
| 0:38.4 | economic depression. It'll be that tough. That's all to come on Business Daily from the BBC. |
| 0:46.3 | I was a after-school art education leader from kindergarten to about eighth grade. And the last few months have been pretty tough. |
| 0:57.7 | I've lost my job as so many other people in the United States. |
| 1:03.3 | I've gotten out of a very abusive relationship. |
| 1:07.7 | I'm now getting kicked out of my house. |
| 1:10.1 | Tough indeed. That's Sifu. She's a Maryland resident, |
| 1:14.2 | describing some of the harsh new realities of life post-COVID. |
| 1:18.9 | Losing her rented home, along with other housemates in the outskirts of Washington, D.C., |
| 1:23.5 | she says, has been the hardest part. |
| 1:26.5 | Myself and another one of my roommates who is also an educator, we both lost our job. |
| 1:32.9 | And so we reached out and told them, you know, we don't have jobs. |
| 1:38.2 | We've applied for unemployment. |
| 1:40.1 | We're waiting and we're holding on, hoping that it'll be here. |
| 1:43.9 | We haven't received anything. |
| 1:45.5 | So we only have enough money to eat and to get around. |
| 1:49.2 | So we can't really do much. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from BBC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of BBC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.

