Study finds paying rent is issue of millions of Americans

Study finds paying rent is issue of millions of Americans

The numbers associated with the coronavirus pandemic are alarming in the United States. It is surely a challenging time for the whole nation. According to the Centers for Disease Control and Prevention (CDC), at least 27112 people have lost their lives from the COVID-19 infection in the US. Moreover, 618923 have been infected by the virus.

According to the stats posted last week, at least 16 million people have filed for unemployment in the US since the outbreak of the coronavirus. Igor Popov, with Apartment List, said, “Everyone is having a hard time.” Apartment List conducted a study related to the renters and homeowners. The study revealed some shocking results, according to Popov.

Popov said, “One in four renters could not make their full rent for April, and 1 in 4 homeowners could not make their full mortgage payment.” According to the study, half of the renters who could not make full payment did not pay rent at all. According to the study conducted by the National Multifamily Housing Council, 1 in 3 renters could not pay their rent in April.

The results of the study conducted by Apartment List remained more optimistic than the study conducted by the NMHC. According to Apartment List, at least 80 million Americans could not pay one of the essential bills. The study revealed that 1 in 9 renters replied that they got some relief from the homeowners related to the rents as they lowered their rents for April.

Millions of Americans will start getting the stimulus checks this week. Apartment List said that the US nationals were planning to spend the checks on paying their backed up or next month’s rent. Popov said, “I think that what is becoming apparent is that the sooner that the conversation can begin better.” According to the study, private lenders are providing some flexibility, while the federally backed lenders are allowing people to reduce their mortgages.

Managing editor of the Chicago Morning Star

Related Posts
COVID-19 takes near 100,000 American lives
COVID-19 Pandemic has taken about 100,000 lives in the United States as according to NBC
India enters in list of top 10 badly affected countries by COVID-19
India has seen a huge rise in the number of coronavirus cases in the past
COVID-19: Illinoisans’ hospitalizations fall to 4,000
Illinois director of public health has announced on Tuesday that hospitalizations for COVID-19 have dropped
Another 3M unemployment claims
Last week, another 3 million U.S. workers had filed for unemployment. Over the last eight
Republican heartlands show new Coronavirus hotspots
Republican heartland communities across multiple states are showing new coronavirus hotspots. The emergence of the
Illinois yields new one-day high COVID-19 cases
Illinois conducted a new high in the number of COVID-19 tests in a day that
Data shows US nursing homes account for “staggering” share of deaths
According to incomplete data gathered by healthcare researchers, residents of nursing homes have accounted for
New York State: Coronavirus takes 20,000 lives
The novel coronavirus pandemic has taken more than 268,000 lives worldwide. According to data compiled
India: Hundreds of policemen become victim of coronavirus
India has the biggest lockdown in the world due to the coronavirus pandemic. There are
Illinois Coronavirus cases cross 58,000
The Illinois Department of Public Health (IDPH), on Saturday May 2, 2020, announced that the