‘A new reality.’ 1 in 4 Charlotte area renters missed April rent payments, study shows

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The Charlotte Observer (April 10, 2020) -- In another sign of the coronavirus’ economic destruction, a new study found that nearly 1 in 4 Charlotte-area tenants did not pay their rent within the first week of April, when it is typically due.

That share is around an 8% increase from the number of people who missed rent payments during the same period last year, according to a national study by the Washington, D.C.-based National Multifamily Housing Council and other apartment data providers. RealPage, one of those data firms, analyzed the local figures for the Observer.

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