NMHC: Rent Payment Tracker Finds Decline in People Paying Rent in July

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Calculated Risk reports: “Without further disaster relief, there will a significant housing and financial issue.”
“From the NMHC: NMHC Rent Payment Tracker Finds 87.6 Percent of Apartment Households Paid Rent as of July 13CR Note: It appears fewer people are paying their rent compared to last year (down 2.5 percentage points from a year ago).” 
“In the previous surveys, over the last few months, people were paying their rents at about the same pace as last year.   The disaster relief has been key to helping people pay their bills, especially the extra unemployment benefits and the PPP.”

 

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