In this latest report entitled “Dream Disrupted: Assessing the Economic Impacts of the COVID-19 Pandemic to Queens Homeowners”, Chhaya illuminates the scale of financial impacts associated with the pandemic and uncovers looming threats of real estate speculation that may induce a wave of displacement among LMI homeowners. Chhaya analyzed national, state, and local trends, examined research from housing justice coalition partners, and conducted a community survey of over 100 Queens homeowners. The findings of the report provide insight into the state of mortgages, the sharp rise of homeowner costs and home prices putting pressure on LMI homeowners, and the latest neighborhoods affected by investor buyouts and home flipping.
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