Now is an unprecedented time.
Saying this is not only an understatement, but at this point, it's cliche.
According to the most recent data when this was written, 40 million Americans have filed for unemployment now, which, according to CNN, equals about one in four people, nationally.
Because of this, some renters are calling for rent strikes.
"Greedy landlords! Demanding money when we have no way to make income!" is their rallying cry.
We of course know this isn't true—property managers are not taking their rent, cashing the checks and then filling bathtubs with the money and swimming around in it like Scrooge McDuck.
After all, property managers need to "keep the lights on," vendors need to get paid, maintenance workers and other employees helping keep the property afloat need to be paid, mortgages need to be paid, and so on. Don't these renters know that profit margins are razor thin to begin with?
Obviously, people are incredibly stressed now.
Luckily, some areas are slowly reopening. Maybe as businesses try to get back up and running and people start going out again, there will be less job loss. And, despite fighting on social media, 88 percent of renters paid rent in May. But even as places reopen, there will be many who are still out of a job, and who still might have difficulties making rent payments. Unfortunately, we all might be dealing with the aftershocks of the pandemic for a very long time.
And, look, not to get all "Kumbaya" on you all, but we need to come together to work this out, especially now, when tensions are running so high. Taking an us vs. them stance will help no one, and hurt everyone.
So, what to do? Here are some suggestions to keep the peace.
Jessica Fiur is the editor-in-chief at Multi-Housing News and Commercial Property Executive.