There are likely more layoffs coming and that will reduce buyers. 4.

But now, it may not be the case due to the tremendous amount of layoffs and I would not like to have a vacant unit for x months nor would I like to decrease rent.Would you take this risk?

While they may not be able to pay full rent for April due to their layoffs, help is on the way with $1,200 checks and expanded unemployment.

@Tom Murphy the intent of the program is to incentivize business owners Not to lay off their employees.

LENDERs tighten the requirement in fear of layoffs coming and decommit preapproval.

If a tenant states they have been financially impacted (usually as a result of lay off or reduced hours) here's what we do: 1.

Every single long term rental I have there has been at least 1 lay off in that household.

I have a good, reliable job with no layoff in sight though it's not high paying.

Because of COVID19 lot of tenants r on lay off. my most tenants paid rent for April, But some tenants didn't because off lay off. i don't want to be mean landlord on this tough time, but other side i don't want to spoil my tenants as well and give them chance to take advantage while their income didn't change or hurt due to COVID19. 

I have seen the difference when company layoffs were on the horizon in how people behave.