Rent payments collected in August tick down

HousingWire (August 12, 2020) -- The amount of rent payments collected in the U.S. has ticked down slightly to 79.3% of apartment households making a full or partial rent payment by August 6, according to the National Multifamily Housing Council’s Rent Payment Tracker.

While this is a slight increase from July 6 this year, it is a 1.9 percentage point decrease from the share of renters who paid rent through August 6, 2019.

NMHC said that rent collections in early August are as expected, based on collections during the previous few months, but the cut-off of extra unemployment benefits may make things worse.

Read more at: HousingWire