Thursday 17 September 2020

Landlords lost about $9B in rental payments last quarter: report

Almost 11 million households were behind on rent or mortgage payments during the first three months of the pandemic. Nearly 6 million of those households were renters, who reported either missing, delaying or paying reduced rent during the second quarter of the year, according to a report from the Mortgage Bankers Association. Just over 5 million households were homeowners that missed or deferred at least one mortgage payment. The effect on multifamily property owners and



source https://therealdeal.com/2020/09/17/landlords-lost-about-9b-in-rental-payments-last-quarter-report/

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