Only 76.4% of U.S. apartment households had made a full or partial rent payment by Sept. 6, according to the latest National Multifamily Housing Council’s Rent Payment Tracker. That is the lowest level since the beginning of the coronavirus pandemic, down from 79.3% as of Aug. 6. The drop in payments comes about a month after the federal government quit paying an additional $600/month to recipients of unemployment insurance payments, which was in addition to what states were paying in job benefits.
NMHC Reports Payments Down
Eddie Miller - Friday, September 11, 2020
Author
Eddie Miller
Partner & Realtor® | Past-President, NARPM – SE Florida | Best-Selling Author
Eddie Miller, Partner of PPM, is the Past-President of the SE Florida Chapter of the National Association of Residential Property Managers. NARPM® promotes the high standards of business ethics, professionalism and fair housing practices. The Association has a structured educational program and certifies its members in the quality standards of the residential property management industry.
Best-Selling Author, “Living Inside-Out”
Follow Us
Category
Recent Posts
-
9 Top Challenges of Managing Rental Properties in Hollywood, FL
-
What You Need to Know for Multifamily Property Insurance Applications
_1.png)
-
Pros and Cons of Applying for Multifamily Fannie Mae Loans
_1.png)
-
A Property Manager's Guide to Multi-Family Property Maintenance
_1.png)
-
Miami Property Manager’s Guide to Tax Time and Sending 1099s to Landlords
