Thursday, July 16, 2020

It's a V-shaped recovery if you start with a V that's almost a right angle and you tilt it sharply to one side.


Bullet points from ApartmentList.com

    32 percent of Americans did not make a full on-time housing payment in July, up slightly from 30 percent in June.
    Missed payments continue to concentrate among renters, young and low-income households, and residents of dense urban areas.
    Compared to last month more Americans are concerned about evictions and foreclosures, even as federal and certain local displacement protections are extended.
    Coronavirus continues to simultaneously encourage and discourage moving. Many are likely to move because of declining affordability, while others are staying put because of the health risks associated with moving during a pandemic.
    Renters in large multifamily apartment buildings show higher payment rates than those living in smaller buildings and single-family homes.

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