Property News
American
Property News for 11 January 2021
Climate change has cost the U.S. billions of dollars in flood damage, study finds
CNBC - 11 Jan 2021 22:00
Extreme rainfall fueled by climate change has caused nearly $75 billion in flood damage in the U.S. in the past three decades, a new study shows.
Chicago rents fell 12% in 2020. For renters, it 'restores your faith in humanity.' For landlords, 'it's a huge hit.'
Chicago Tribune - 11 Jan 2021 19:48
Rent prices are down across the U.S. during the COVID-19 pandemic, and Chicago landlords say they'll drop rent if it helps retain their tenants.
Op-ed: Reform our bankruptcy laws before a tsunami of Covid debt comes due
CNBC - 11 Jan 2021 16:04
When collection moratoria end, there will be a tsunami of foreclosures, evictions, and collection actions, writes Georgetown University Law Professor Adam J. Levitin.
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