With the coronavirus disease 2019 (Covid-19) sweeping across the globe at a tremendous rate and businesses suffering heavy blows from it, it comes as little surprise that the rental market is also reeling from the financial impact of the pandemic.
The current financial tsunami has resulted in an increasing number of tenants who are falling behind with their monthly payments. And while some landlords are trying to be as considerate as they can be, there’s no denying the financial burden and consequences they’re now forced to shoulder because of the sudden economic downturn.
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