More households paid their rent in the first week of May than did so in April, a sign that expanded unemployment benefits and stimulus payments are helping, but the proportion remained down from a year ago
More households paid their rent in the first week of May than were expected, a sign that expanded unemployment benefits and stimulus payments are helping some people make their bills.
By this past Wednesday, 80.2% of U.S. renters had paid all or part of their May rent, according to figures released Friday by the National Multifamily Housing Council, a landlord trade group. That is up from 78% of renters who paid their rent by April 6, according to the group’s analysis of payments across 11.5 million market-rate apartments.
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