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April Rent Wasn’t Down As Much As You Think

Many data outlets reported that 30% of renters were not able to pay rent in April, but a new report from LeaseLock shows a nominal decrease in payments in April compared to the first three months of the year. According to their data, payments in April were only down 5% compared to January through March for renters that pay in the first 6 days of the month. In fact, payments started stronger than usual on the first and then slowly declined over the next 6 days.

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