The Covid-19 pandemic has created major challenges for the rental market in 2020. With surging unemployment and lower incomes, a number of tenants have not been able to make their regular rent payments. It is also important to remember that landlords are taking a hit during the pandemic as well. Almost 80% of landlords depend on their rental income as their means to make mortgage payments, taxes, insurance and general upkeep of the properties. Some fear they may have to let go of their prope...read more
November 22, 2020 2 mins read.