The pandemic has fundamentally reshaped the way Americans work, and landlords are starting to adjust their rental payment policies accordingly.
Demand for rental housing has quickly outpaced supply, which, coupled with inflation, has caused rents to soar by 6.8% this year. As Americans continue to struggle with the pace at which rent is rising, nearly 9 million renters across the country are not caught up with their rent payments. Renters must pay on time or face monetary penalties or even eviction.
