Coronavirus help: 2 big California apartment landlords offer rent-deferral plans
https://www.siliconvalley.com/2020/03/23/coronavirus-help-2-big-california-apartment-landlords-offer-rent-deferral-plans/
Two large California residential landlords are offering financial help for tenants suffering from coronavirus-related layoffs or income losses.
The coronavirus fallout has already ravaged the local economy and caused significant job losses. That, in turn, has increased pressure on various industries to adjust pricing. The spotlight has been on landlords as rent is considered a tenant household’s biggest expense, and an April 1 payment is coming due.