The pandemic has seen Nevada’s jobless rate skyrocket and its residents scrambling for unemployment money. But you’d never know it looking at the Nevada rental market, which houses some 45 percent of state residents.
Vacant units are hard to find, and rents continue to go up. In Southern Nevada, where unemployment is the highest in the state, most renters are making their monthly payments.
But the eviction moratorium is already being phased out, and come Sept. 1, those who struggled to make payments through the stay-at-home order will either have to cough up or move out.
Molly Hamrick, President/COO of Coldwell Banker Premier Realty and Chair of the Nevada Realtors Property Managers Presidential Advisory Group; Susy Vasquez, Executive Director, Nevada State Apartment Association; Eli Segall, business reporter, Las Vegas Review-Journal
