Tuesday, January 5, 2021

How Class C Apartment Residents are Getting By via GlobeSt

The pandemic’s impact on apartment dwellers hasn’t been uniform.

In its third-quarter National Housing Survey, Fannie Mae found that nearly one-third of respondents have experienced non-voluntary employment changes, including reduced working hours, layoffs, furloughs, pay cuts or their employers going out of business.

Fannie Mae found that lower-income households, renters and minorities are two to three times more likely to be concerned about their ability to pay their bills.

Read more...How Class C Apartment Residents are Getting By via GlobeSt

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