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Updated over 4 years ago on . Most recent reply

User Stats

11
Posts
5
Votes
Sean Spitzer
  • Investor
5
Votes |
11
Posts

Unemployment add-on potentially going to $100 a week vs $600

Sean Spitzer
  • Investor
Posted

My guess is it will be more than $100, but I don't think there's any doubt the $600 to this point has had a significant impact on keeping rents coming in. Losing $2k month may put some pressure on certain properties. Maybe it will encourage some folks to try to get back to work. Who knows. I guess we'll find out.

https://www.cnbc.com/2020/07/23/coronavirus-stimulus-gop-unemployment-plan-would-have-70percent-wage-replacement.html

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