25% of NYC apartments have not paid rent since March

[Danny Webber]

I wonder how this plays out in the end. Certainly you would expect and we are already seeing lower rents and rent specials offered. I am sure this will be followed up with mass tax and mortgage foreclosures starting at the end of this year and going into next year. 

What do the numbers show in our Texas Markets?

https://www.bloomberg.com/news/articles/2020-07-08/coronavirus-moves-nyc-affordable-housing-crisis-to-breaking-point

https://www.dailymail.co.uk/news/article-8507641/One-four-New-York-City-tenants-not-paid-rent-coronavirus-pandemic-began-March.html