Tenants Expect Rents Reduction Because of Work Effect.

28Hse Editor  2020-03-23  2.6K #Transaction
The COVID-19 epidemic has affected all aspects of people's livelihood. In addition to some people undertaking housing mortgages, some renters are also struggling to move forward. They are anxious for landlords to reduce or postpone rent collection. Mr. Ram, who rents a house in Xi'an, graduated from college last year and currently works in a basketball training institution, earning a little more than RMB2,000 a month. On the eve of the Spring Festival, he returned to his hometown in the countryside to celebrate the Chinese New Year. Unexpectedly, he was not able to return to work on time in xi 'an due to the epidemic, and no longer have a source of income. "My monthly rent is RMB1,600, and I have agreed to pay it every six months. I will need to pay the second half of the rent in April soon, which will be nearly RMB10,000 at a time. The pressure is too much." After much deliberation, Mr. Ram decided to communicate with the landlord whether the rent collection could be postponed. He hopes to pay it every two months to reduce the pressure. "Fortunately, the landlord agreed quickly." Mr. Ram told reporters that the customers are few due to the epidemic, although the training institutions he works in have already opened. "Most of our training targets are students. Nobody is coming because of the concerns about the epidemic. We also actively turn to online teaching, but our income is severely affected. " Landlord: I have my difficulties. During the interview, the reporter learned that some tenants were expecting rent reduction due to economic impact, but many landlords also stated that they have their difficulties. Xi'an citizen Ms. Yan borrowed a loan to buy a school district house last year and immediately rented it out. "After the lunar year, the tenant asked me if I could reduce the rent of one month. I do understand her, but I still have more than RMB3,000 of mortgage to repay each month, and the bank did not give me a reduction. I really can't say yes." Ms. Yan said she hopes that the epidemic will pass quickly, and everyone would promptly return to the normal life.
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