30% Of Americans Didn't Make Their Housing Payment In June

[Account Closed]

30% Of Americans Didn't Make Their Housing Payment In June

A stunning 30% of Americans didn't make their housing payment for June - a figure that is likely going to ripple through the housing industry in coming months. According to a new survey by Apartment List, the rate is similar to May and shows that even though other industries are rebounding, the situation has not yet improved meaningfully in housing.

These figures stood at 24% in April and 31% in May, before falling slightly to 30% in June. One third of the 30% in June made a partial payment, while two thirds made no payment at all.

"Missed payment rates are highest for renters (32 percent), households
earning less than $25,000 per year (40 percent), adults under the age of
30 (40 percent), and those living in high-density urban areas (35
percent). While the missed payment rate for mortgaged homeowners is just
3 percentage points lower than renters," the survey showed.

[Bill B.]

Who makes these numbers up? And why? 

I mean, we all know the renters not paying rent  percentage  is off by at least a couple hundred percent. 
And anyone with a loan could have filed for forbearance and been instantly improved yet only 8% did. So we can assume that number too is off by at least 100%, probably 200% as well. 

Is it all an attempt to win an election or is it just a make headlines get clicks and earn money clickbait?

We have 1000’s of landlords on this site, what percent do you think would say they have An average 30% default? (Remember it has to be 50% plus to make these numbers work.) I bet it’s under 5%. Probably under 1%.