More than six months into the coronavirus pandemic, multifamily trade groups and advocates are worried about the cascading effects of falling rent payments.
While some reports have found that collections haven’t dropped as drastically as many had feared, numbers are still down from the same time last year. And with federal rent relief measures stalled in Congress, the expiration of additional unemployment benefits and continued job losses across the country, industry leaders fear the worst is yet to come.
Read more...Rent Payment Struggles Continue via Multi-Housing News
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