New York City Renters Owe More Than $1 Billion in Unpaid Rent, Survey Finds

realtyexpertsReal Estate News

The debt figure is the most recent indicator that unemployment benefits and federal stimulus packages have so far been inadequate to alleviate the growing financial burden of missed rent payments across thousands of city households.

The post New York City Renters Owe More Than $1 Billion in Unpaid Rent, Survey Finds appeared first on Real Estate News & Insights | realtor.com®.

As Trump Says He’s Abandoned Stimulus Talks, Renters and Landlords Face a Financial Cliff

realtyexpertsReal Estate News

The CDC’s national eviction moratorium should keep Americans in their homes for now, but experts say emergency rent relief is needed to prevent an eviction crisis in 2021.

The post As Trump Says He’s Abandoned Stimulus Talks, Renters and Landlords Face a Financial Cliff appeared first on Real Estate News & Insights | realtor.com®.