Increasing Strains on Small Apartment Landlords and Their Tenants

Ben Metcalf from the Terner Center for Housing Innovation at the University of California, Berkeley (formerly Deputy Assistant Secretary of the U.S. Department of Housing and Urban Development) and Noerena Limón from the National Association of Hispanic Real Estate Professionals (formerly with the Consumer Financial Protection Bureau and the White House Office of Political Affairs under President Obama) join Sam Chandan to discuss the increasing challenges facing small apartment building owners and the communities they serve.

Metcalf and Limón review the findings of a new joint survey, which shows one in four small landlords has borrowed to cover expenses since the beginning of the pandemic, and posit that further deterioration in rent collections following the expiration of enhanced unemployment benefits threatens property owner' capacity to meet operating expenses as well as mortgage payments and property taxes.

Listen to this episode of the Urban Lab on Apple Podcasts.

For more information about the NAHREP-Terner Center survey, visit NAHREP and the Terner Center on the web.