No longer paying rent despite we know he is still working.I asked my property managers to do following:- Be helpful to tenants- More frequent communications with tenants - especially those who are waiting for unemployment check or government check

I just filled one of my personal properties with a couple where she qualified solely on her own and he was recently unemployed due to his business temporarily closing.

“True unemployment rate at this moment is about 18%.”In the past week, another 6-10 million became unemployed.

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Find out if they have applied for unemployment? 

The vacancies we do have are very difficult to fill right now when the unemployment rate is 20-30%. 

Last year, a steady increase in consumer spending, bolstered by record low unemployment helped to sustain GDP growth even as business spending declined across the second (1%), third (3%) and fourth (2%) quarters.

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Add in the rent risk associated with huge unemployment coupled with a statewide eviction moratorium for 90 days after the crisis has abated. 

Some experts project unemployment to reach 20%.