Tuesday, June 9, 2020

NMHC: Rent Payment Tracker Finds Most People Paying Rent in June — Bill McBride

From the NMHC: NMHC Rent Payment Tracker Finds 80.8 Percent of Apartment Households Paid Rent as of June 6
80% making the monthly makes it seem like it's no problem. But 20% is a problem, and it is chronic.
CR Note: It appears people are still paying their rent at about the same rate as last year (down just 0.7 percentage points from a year ago). The disaster relief has been key to helping people pay their bills, especially the extra unemployment benefits and the PPP.
Calculated Risk

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