Monday, 17 August 2020

August brings no sign of the rent apocalypse

Tenants across the country are largely still paying rent despite high unemployment and waning government aid, a new report found. About 87 percent of apartment households made a full or partial rent payment by Aug. 13, according to the National Multifamily Housing Council’s Rent Payment Tracker. That was only a 2-point drop from the same period a year ago, when the economy was humming. NMHC surveys 11.4 million units of professionally managed apartment units across



source https://therealdeal.com/2020/08/17/august-brings-no-sign-of-the-rent-apocalypse/

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