With over 30 million job losses in a matter of months, many landlords have been terrified they will not be able to collect enough rental income to cover expenses. So far, rent collection has been close to normal with strategies to put some tenants on payment plans. But the pandemic has new lessons about successfully securing rents, and what real estate investors need to think about in determining a good rental market.
Today’s guest is the Chief Economist at Apartment List where he leads the Rentonomics team in publishing original housing market research. Prior to joining Apartment List, Igor Popov worked as an economist and data scientist at Airbnb and earned his Ph.D. in economics at Stanford University. He thinks outside the box and has his own theories about the shape of the recovery, the importance of jobs that are either essential or remote, and how that will impact rental housing. Welcome, Igor.