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Cheapest Apartments at Biggest Foreclosure Risk as Payments Fall

National Real Estate Investor, 2020-08

COPYRIGHT 2020 Penton Media, Inc., Penton Business Media, Inc. and their subsidiaries ;Copyright Penton Media, Inc., Penton Business Media, Inc. Aug 11, 2020 ;ISSN: 0027-9994

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  • Title:
    Cheapest Apartments at Biggest Foreclosure Risk as Payments Fall
  • Author: Bloomberg
  • Subjects: Affordable housing ; Apartments ; COVID-19 ; Foreclosure ; Housing needs ; Information services ; Pandemics ; Rental housing ; Rentals ; Tenants
  • Is Part Of: National Real Estate Investor, 2020-08
  • Description: Rent Collections Decline The decline highlights how hard the lockdown has squeezed the country’s lower- and middle-income renters, who are more likely to live in Class C housing and have service jobs that have been severely cut back by social-distancing rules. The units, mostly one-bedrooms with 700 square feet of space, rent for $1,100. Luxury Towers The biggest publicly traded landlords, with extensive holdings of market-rate apartments, have been spared the brunt of the economic shutdown.
  • Publisher: Atlanta: Penton Media, Inc., Penton Business Media, Inc. and their subsidiaries
  • Language: English
  • Identifier: ISSN: 0027-9994
  • Source: ProQuest Central
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