Invitation Homes Says May Rental Receipts Largely Unaffected By COVID-19

As the COVID-19 crisis drags on, data suggests more borrowers are struggling with paying their rent. According to one survey, nearly 37% of all New York City residents are struggling to come up with the June rent payment.

While New York City is a bit of a special case with sky-high rents and an outsized hit from the coronavirus pandemic, 37% is an alarming number. Is that typical or an outlier?

How are some of the single-family rental real estate investment trusts (REITs) faring?

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Source Fool.com