Only Half of Americans Confident They Can Pay Full Rent in May

[admin]

https://www.cnbc.com/2020/04/28/only-half-of-americans-confident-they-can-pay-full-rent-in-may-survey.html

FTA:

52% of American renters say they are confident they will be able to pay full rent in May, compared to 69% who said they could in April, according to a new survey, but those numbers could change as more federal stimulus checks hit bank accounts.

63% of renters said they have suffered income losses related to Covid-19.

A significant percentage of renters plan to move within six months.

[Srecko Sostar]

We have been renting for many years. We now rent a residential part of the house (two room flat) we live in and also a large part of one house a little further away. We have always had lower prices than many others..... And we pay taxes to the state  . One tenant is currently without a permanent job because of Covid 19. We told the tenant that the rent amount, which is otherwise for one month, will be for the next three months. Hopefully they can find some work and a paycheck.

[James Thomas Rook Jr.]

This coronavirus stuff reminds me of the story of the Grasshopper and the Ant.

Everybody sthe story of the Grasshopper, and the Ant.

The Grasshopper played the fiddle all summer, goofing off, while the industrious Ant stayed busy storing up food for the coming long, hard winter.

When the first snow of winter came, the Grasshopper had no food, but the Ant had more than enough food for the winter.

So ...  the Grasshopper got in his sports car and went to Florida, ... and someone stepped on the Ant.