Along with the recession, Desmond also references a range of historical events that together have created the disastrous housing situation that exists in America today. This meant that landlords and property owners could make enormous profits from buying cheap houses and renting them out at exorbitant rates, while tenants-many of whom lost jobs and found their welfare checks stagnant or declining-find themselves spending 80 or 90 percent of their income on rent.
As Desmond explains, during the recession house prices plummeted while rental rates continued to climb. Although it is not always addressed in a direct and explicit way, the main historical event lingering in the background of Evicted is the 2008 recession, and particularly the role that the housing bubble, the subprime mortgage crisis, and the foreclosure crisis had on the rental market.
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