Despite less-than-ideal circumstances, the last half of 2021 showed the first signs of light at the end of the tunnel. Tenant payment behavior improved, churn dropped, and vacancies began to trend downwards.
“Since the start of Covid-19, we’ve seen a huge drop in the quality of tenant applications,” she said. “It’s not unusual for up to 80% of applications for a rental property to be unsuitable.” Because of these increasingly conservative tenant placement trends, Savage is optimistic that payment performance will continue to shift back towards pre-pandemic levels in the coming year. Landlords with a lighter touch on tenant vetting could have a different experience, however.As financial pressures increase, Savage said the rental industry’s focus is extending beyond simply ensuring tenants meet affordability criteria.
“We’ve seen an amazing about-face in demand, thanks to Covid and work-from-home,” she said. “Where metros were once thriving rental centres, we’re now seeing properties in small towns – particularly on the coast – flying off the metaphorical shelves.”
Klaus Schwab - World Economic Forum Headquarters Full [2007] 'Founder and Executive Chairman, presents the World Economic Forum from its headquarters in Geneva. Klaus Schwab talks about the Annual Meeting in Davos and its different stakeholders.'
The president of the South African Medical Association Angelique Coetzee admits to being coerced to following the script In SouthAfrica it [Omicron] is a mild disease,m but it’s a serious, serious serious illness in Europe because politicians want me to say it destroy your lives
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Former United States Assistant Secretary Catherine Austin Fitts reveals that the Central Banks are using the Plandemic to take over the national sovereignty of nations. This is what the agenda is all about. WATCH & SHARE‼️
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