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Landlords are waiting for rent payments

04/07/2021 9:00 AM | Margaret Fulton (Administrator)

In interviews with The Times, property owners and managers said they understood the unprecedented nature of the crisis but that they are absorbing too much of the cost. Many said they or their clients are dipping into savings to keep properties afloat and delaying maintenance or repairs because they can’t afford them.

Some said they probably can’t or won’t hold on much longer under these circumstances.

Read More: https://www.latimes.com/business/story/2021-04-05/los-angeles-landlords-struggle-covid-19-rent-accumulates

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