The private rental market--a COVID-19 inequality acceleratorPhibbs, PeterAHURI Final Report
Impact of COVID-19 on Rent Payments for 2020 Over the course of the last three months, we have been looking at the impact of COVID-19 on renters’ ability to pay their rent. With so many Americans losing their main source of income due to national, state, and local stay-at-home ord...
Rent Prices & Vacancy Rates As a general rule, rent prices increase as vacancy rates decrease. As empty units diminish, finding an apartment becomes more difficult, and property owners are able to ask for higher prices. According to federal data, the median asking rent for vacant units nationwi...
However, there are exceptions in extreme circumstances. Just before most of the country went on pause due to Covid-19, we were in San Francisco and had rented a car just for one day. With the country shutting down, we switched our flight. We were still on the hook for the rental, bu...
Also known as “rent default insurance,” this type of policy is meant to replace your baserental incomein the event that thetenant stops paying rent. Not only will one of these policies protect you fromloss of rent, but it will also allow you to keep up with anyfinancial obligationsthat...
"GMAC understands the impact of the COVID-19, but we do appeal to landlords who are renting buildings to garment, footwear, and travel bag factories to consider reducing their rental fees by at least 30 percent for 3 to 6 months," the letter said. "This reduction will help lower the fi...
COVID collapseCPI mismeasurementThe dramatic COVID-19-induced rise in unemployment has greatly increased uncertainty about the ability of renters to pay their rent. Ostensibly, a small increasJanson, WesleyVerbrugge, RandalSocial Science Electronic Publishing...
Post-COVID Vacation Rental Trends Statistics indicate that travelers have greater interest in domestic and rural stays in the wake of COVID and are more likely to communicate entirely online. 61% of families are more likely to visit a rural or “outdoorsy” destination than an urban one. ...
The COVID-19 pandemic had a very negative impact on the farm equipment rental market worldwide. Equipment rental stores were closed due to lockdowns. Farmers also could not travel to rental stores due to the strict imposition of traveling restrictions and social distancing norms. However, in la...
One woman shares her COVID rental aid story, where her family was asked to repay the money due to a technicality in her application. Kristine Lazar, KCAL News consumer reporter, helps solve the matter, relieving the family of repayment.Nov 14, 2024 ...