Monday, August 24, 2020

NMHC: Rent Payment Tracker Shows Decline in Households Paying Rent

From the NMHC: NMHC Rent Payment Tracker Finds 90 Percent of Apartment Households Paid Rent as of August 20 The National Multifamily Housing Council (NMHC)'s Rent Payment Tracker found 90 percent of apartment households made a full or partial rent payment by August 20 in its survey of 11.4 million units of professionally managed apartment units across the country. This is a 2.1-percentage point, or 237,056 -household decrease from the share who paid rent through August 20, 2019 and compares to 91.3 percent that had paid by July 20, 2020 . These data encompass a wide variety of market-rate......(read more)
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