32% of Americans had outstanding housing payments at the beginning of August. (via CNBCMakeIt)
did not make their full housing payment on time, per Apartment List. In the first week of August, 11% of respondents made a partial payment, while 22% had yet to make any payment at all.
And with eviction courts reopening across the country, the missed payments have advocates worried about potentially"This is creating a deep sense of housing insecurity for those struggling to keep up financially," says Apartment List. "With the recent expiration of most federal eviction and foreclosure protections and a lapse in expanded unemployment benefits, this insecurity is sure to deepen over the coming weeks.
The first thing renters should do if they are struggling to pay their housing bill is to negotiate with their landlord, Igor Popov, chief economist at Apartment List, tells CNBC Make It. In the August survey, almost half of renter respondents reported that they had negotiated or were in the process of negotiating their housing bill with their landlord.
"Remember that your landlord needs income too, so approach this with empathy for what you're asking," she says. Make it clear that "you're just paying late rather than asking for free money."
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Orange County posts its highest single-day COVID death total: 32The 32 newly reported fatalities pushed the county's total deaths related to the coronavirus to 697.
Read more »
All of the New Beauty Launches to Add to Cart in AugustFrom makeup to skincare and fragrance, these are the new beauty launches coming out in August that should be on your radar.
Read more »
U.S. and China set to review phase one trade deal in mid-AugustSenior U.S. and Chinese officials will review the implementation of the phase one trade deal and likely air mutual grievances due to growing tensions in an August 15 video conference, sources told Reuters.
Read more »
August 5 coronavirus newsA 29-year-old Covid-19 survivor discusses his battle after 132 days in the hospital in which he was intubated twice, given a tracheotomy and survived blood clots that resulted in amputation.
Read more »
What you need to know about coronavirus on Thursday, August 6Here's everything you need to know about the coronavirus pandemic today: 📩 Sign up to get the facts from CNN delivered to your inbox daily:
Read more »