Apartment rental payments are holding up fairly well—at least for now.
The National Multifamily Housing Council reported that 79.3 percent of surveyed households made a full or partial rent payment by August 6. That's slightly better than last month's 77.4 percent, and just shy of the August 2019 level of 81.2, according to NMHC's Rent Payment Tracker.
"Over the past few months apartment residents have largely been able to meet their housing obligations," NMHC Chair David Schwartz said in a written statement.
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Scott Graham
Scott Graham focuses on intellectual property and the U.S. Court of Appeals for the Federal Circuit. He writes ALM's Skilled in the Art IP briefing. Contact him at [email protected].
