Here's what I don't understand about the eviction wave that's underway. Especially in weaker housing markets, where everybody's losing their income, what's the incentive not to work with a tenant? Are landlords sure they can find another?
Is there some massive filtering movement underway wherein someone who can no longer afford a larger place will take the apartment of someone who made less money and got kicked out?
@ApartmentList says rents are off only a few percentage points since March in major cities, most of which underwent a historic run-up in the cost of real estate over the past decade. Don't landlords have a bit more to give? https://www.apartmentlist.com/research/national-rent-data
Curiously rental vacancy rates were DOWN in the second quarter to a level not seen since ... 1984. https://www.census.gov/econ/currentdata/dbsearch?program=HV&startYear=1956&endYear=2020&categories=RATE&dataType=RVR&geoLevel=US&adjusted=0&notAdjusted=1&errorData=
Is that people leaving their urban homes for more remote rentals temporarily?
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