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Stock impact report

As Rents Rise, So Do Pressures on People at Risk of Eviction [New York Times, The]

Lyft, Inc. - Class A (LYFT) 
Last lyft, inc. - class a earnings: 2/11 04:05 pm Check Earnings Report
ATLANTA — Every time Jeffery Jones hears a noise outside his house, his heart skips a beat. Since his landlord directed the county to evict him, his fiancée and their 2-year-old son from their modest gray house in the Atlanta suburb of Loganville, Ga., it is just a matter of time before the noise he hears is the knock of a sheriff's deputy. After losing their jobs early in the coronavirus pandemic, the couple quickly fell behind on the $1,400 monthly rent. They applied for federal rental assistance, but county officials say they never received necessary materials from the landlord and were unable to process the application, a claim disputed by the property manager. The couple has spent months searching for another place, which they could pay for with rental assistance money, but with even the furthest reaches of the Atlanta suburbs seeing spikes in rents, they seem out of options. “There is nowhere to go,” said Mr. Jones, adding that houses in his area are renting for hundreds Show less Read more
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