Brief
Increasing housing stability for renters and owners
Households that can generally afford their housing costs may be vulnerable to eviction or foreclosure as a result of an unexpected expense or a personal emergency. Causes of instability and displacement beyond high housing costs include household-specific factors like medical crises and job loss, and neighborhood-level factors such as rising housing demand that leads owners of rental properties to sell or repurpose their properties to realize a higher rate of return. This brief describes local housing policies that can help to prevent displacement in these and other scenarios.