More tenants paying on time – except for rentals above R25 000.
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More tenants are paying their rent on time - barring rentals above R25 000 per month, according to the latest Residential Rental Market Monitor by the credit bureau TPN.
In the second quarter of this year, there was an improvement in tenants in good standing in all rental segments, except the highest bracket of more than R25 000 per month. Being in good standing is defined as paying rent due on time and in full.
In the second quarter of this year, there was an improvement in tenants in good standing in all rental segments, except the highest bracket of more than R25 000 per month. Being in good standing is defined as paying rent due on time and in full.
