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HousingWire: Renters say they are less likely to renew lease after pandemic

HousingWire, June 8, 2020: Renters say they are less likely to renew lease after pandemic

Only 34.1% of renters said their management company has offered a payment plan for May’s rent, while a whopping 65.5% said they are unaware of any local, state or federal programs to help with rental assistance, a survey from SatisFacts said.

Based on current experience in their dwelling, 26.1% of renters surveyed with leases expiring in the next six months said they are likely to renew their lease, 35.9% are likely not to renew and 38% are somewhat likely or not sure at the moment. …

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