The Dread Index

A little over a week ago, in keeping with the (obviously very well thought out, very safe and successful) "Phase 2" reopening process, the First and Second City Courts of New Orleans once again began accepting evictions filings from landlords. The response was...  impressive.

Last week, some courts and justices of the peace accepted eviction requests, but didn’t begin assigning them court dates. Badon waited until Tuesday, the first full day after Edwards’ order lifted.

Badon said his clerks on Tuesday received 63 requests for evictions, compared to about 25 on a normal day.

And that's after having turned away an apparently sizeable number of landlords who are still constrained by the federal rules that pause evictions on certain properties until August 25.  The city courts had been urged to push back their moratorium to match the federal guidelines but they decided to move ahead anyway.

It's hard to know what the reasoning is there. But there has obviously been pressure from property owners. We know they've been talking to the mayor, at least. In this interview back in April she was already talking about the coming eviction crisis in terms of having to "find a balance" with the needs of "our landlords."

She must have still been thinking about "our landlords" this week when she extended the deadlines for short term rental license applications and permit extensions. This extension even applies to STR licenses that were set to expire anyway due to a recent change in city regulations. It's basically using COVID as an excuse to keep STRs operating even while we are allowing people to evicted from their homes. That's one hell of a way to strike a "balance."

Anyway thanks to these policy decisions our leadership has made on purpose, a wave of evictions is coming soon.

NEW ORLEANS, La. (WVUE) - As the coronavirus pandemic persists it is feared that many low-income families in Louisiana and around the country could face eviction soon and as a result homelessness.

The Center for Planning Excellence of Baton Rouge and Urban Footprint released their analysis of the housing crisis amid the pandemic.

Camille Manning-Broome is President of the Center for Planning Excellence.

“In Louisiana, our development patterns are increasing the likelihood of this, of homelessness and high-risk burden because many areas your combined housing and transportation costs had up to more than 50 percent of your income,” Manning-Broome said.

The analysis found that Louisiana ranks 3rd in the nation for having a high risk for evictions due to job losses. Further it says 130,000 households across Louisiana are at risk of evictions and it shows the parishes most in need of rental assistance beyond July 31 when federal protections and assistance expire are in order of need, Orleans, Jefferson, East Baton Rouge, Caddo, Lafayette, St. Tammany, Tangipahoa, Calcasieu, Ouachita, and Bossier.

For further context, here is a cheering analysis of the Census Bureau's "Household Pulse" survey which finds:

Based on the Household Pulse Survey results released on June 17, which examined responses between June 4 and June 9, almost one-third of all households expect to experience a loss of employment income over the coming four weeks. Fully 10 percent of American families—that’s 25 million, half of which have children at home—did not have enough food to eat in the prior week. Even more disturbing, one in five households—over 50 million in total—are doubtful that they will be able to afford sufficient food in the coming month. And of the nation’s 65,000,0000 renters, almost 20 percent were unable to pay their rent last month and an even higher percentage—close to 30 percent—doubt that they will be able to pay their rent in the coming month. 

This week, another one million plus new unemployment claims were filed.  So it's staggering to think how many households are currently trying to calculate, according to their savings if they have any, how much time they might have between the day they are laid off and the day they are evicted. Call it the Dread Index.  And it's a frighteningly short number now that the courts are ready to hear evictions again.