July 9, 2020 05:32 pm GMT
Original Link: https://boingboing.net/2020/07/09/in-an-ominous-sign-for-economy.html
In an ominous sign for economy, 32% of US fell short on July housing payments
One third of US households failed to make a housing payment in the month of July, according to a survey by online rental platform Apartment List.
From CNBC:
About 19% of Americans made no housing payment at all during the first week of the month, and 13% paid only a portion of their rent or mortgage.
Thats the fourth month in a row that a historically high number of households were unable to pay their housing bill on time and in full, up from 30% in June and 31% in May. Renters, low-income and younger households were most likely to miss their payments, Apartment List found.
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Original Link: https://boingboing.net/2020/07/09/in-an-ominous-sign-for-economy.html
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