This is part of our ongoing coverage of renting during the COVID-19 quarantine of 2020. Visitors to this article after quarantine has ended should keep this context in mind before acting on any advice contained within.
In this era when renters often wind up obtaining housing that costs far more than they can actually afford, many face a dilemma each month as to what must be sacrificed in order to pay rent. Will it be food? The cell phone? Child care? Car payments? Will they have to take out another payday loan or borrow money from family? Many homeowners face the same issue when dealing with their mortgages, which may have been obtained during different points in the owners' careers when their earnings were higher. However, given the massive hit that the US labor force has endured over the past month due to COVID-19 related shutdowns, far more renters and owners will be facing this crisis choice for April 1 and May 1 of 2020.
I've seen a lot of calls for rent strikes, freezes and suspensions in my Twitter feed lately. I've also seen calls to lenders and banks to provide some sort of recourse for mortgage holders. There are a lot of renters and borrowers who are contemplating whether or not they should make a rent or mortgage payment next week. As this is at its core a corporate blog I cannot tell you to violate your contract. However, I can lay out some talking points to help you decide. Continue reading Should You Pay Rent on April 1?
In a normal year the Chicago rental industry would be gearing up for the busiest moving day of the year, May 1. There would also be some serious prep for April 1 happening but the real spike usually occurs in May. This has been the case for centuries, reaching back to a time when May 1 was the only day when leases expired throughout the entirety of Chicago.
Towards the end of last week's article I touched briefly on the effect that COVID-19 might have on the May 1 peak of the season but today I want to explore that in more detail, because we're looking at something with far reaching implications for a huge number of industries throughout the city. Continue reading Advice for Chicago Renters with Spring 2020 Lease Expirations and COVID-19 Concerns
In today's article there will probably be several instances where I appear to be flaunting or failing to recognize my own privilege. I apologize if it comes off this way. It isn't the intent but I know full well that it will probably happen regardless.
There's been a lot of talk about how the COVID-19 pandemic will affect people who work in delivery, food service and healthcare. I've seen far less attention paid to the people who are supporting the homes that have now become de facto prisons and workplaces for much of the U.S. office labor force.
It is a reasonable assumption that the more people stay home from work, the higher the chances are that they will break things within their homes. Holiday weeks always prompt a flurry of maintenance calls due to increased demand on the physical plant of the apartment building. The same thing happens immediately following snow days when kids are often left at home unsupervised. With all of the recent news about businesses asking workers to stay home and schools closing to limit exposure to COVID-19, I have been thinking with some worry about the men and women who work on the maintenance teams for apartment buildings across the country and hoping they're able to weather the massive workload facing them in the coming month. Continue reading Apartment Maintenance In the Time of COVID-19
"If you're sick, stay home." We've seen that a million times in the news reports lately. But what happens if "home" is an apartment building shared by hundreds of other people? How can neighbors protect themselves from infected neighbors? There's a lot of hype out there, much of it unnecessary. So today we'll be taking a quick look at some more practical ways to to minimize transmission of diseases in high density housing situations such as apartment buildings and dorms, mostly because I'd be remiss to avoid the topic. But I'll also be taking a moment to adjust our attitudes about media sensations and their effects on daily living situations. Continue reading Avoiding Disease in Apartment Buildings