It's Friday desk clearing time for this blogger. "Almost one-third of households, 32%, owed money for missed rent or mortgage payments from previous months at the beginning of August, according to Apartment List. It is best to give your landlord at least a partial payment if you can. 'Remember that your landlord needs income too, so approach this with empathy for what you’re asking,' says Kelley Long, financial planner and member of the American Institute of CPAs."

"Landlords can hold on to their properties for only so long without rental income, said Deb Carlton, executive vice president with the California Apartment Assn. 'If reporters want to say there’s a wave of evictions coming, they should also say there’s a wave of foreclosures coming,' Carlton said."

"San Francisco's largest landlord, Veritas, will forgive 50% of missed rent from April through July, the company announced. While Veritas' rent forgiveness may seem generous, Alexander Quinn from JLL said the company has less leverage in these negotiations due to San Francisco's eviction moratorium. 'It may take time to recoup revenue,' Quinn said, since Veritas cannot simply evict its tenants and find new ones. Asking tenants to agree to rental plans may, therefore, be one of its only options. 'If their revenue isn't realized, they can't pay their mortgage,' Quinn said."

"Port Charlotte homeowner Susan McLean and her husband were grappling with a foreclosure case before COVID-19, when the moratorium drove all eviction and foreclosure proceedings to a halt. Now their case is moving forward once more. McLean’s attorney, Ryan Torrens hopes the governor and other stakeholders will soon land on a more long-term solution for Florida’s current housing crisis. 'You can’t have lenders not getting paid any money forever, you can’t have landlords never collecting rent when they have their own mortgage obligations,' Torrens said. 'You can’t have homeowners getting kicked out of their house when they’re losing their jobs.'"

"Among Equiem’s clients, building occupancy in May remained extremely low; 72 percent of office buildings had less than 10 percent occupancy, while 17 percent reported occupancy between 10 to 20 percent. 'Manhattan is once again ground zero in terms of residents fleeing the city and leaving those who remain in fear,' said Adelaide Polsinelli, an investment sales broker with Compass, who blames the exodus on 'poor leadership."

"New York’s mom-and-pop property owners are in a state of crisis. 'We’re being eaten alive,' said Lincoln Eccles, a small property owner and second-generation Jamaican immigrant in Crown Heights."

"Tenants in Scarborough accused Doug Ford of betraying them during the pandemic and called on the Ontario premier to stop a coming wave of 'COVID evictions.' Landlords, however, had a demonstration of their own. Arjumand Shafique, said his tenant in Clarington hasn’t paid rent since last June, and he’s about to lose his house as a result. 'I have never felt this helpless in my entire life' he said. Another, Linda Shao, said a tenant refused, starting in February, to pay rent on Shao’s Markham condo, and won’t leave. For a while, Shao said, she became homeless because she had no other home or income source in Canada."

"Housing experts say the coronavirus crisis has led to a slump in the number of expats arriving in the Netherlands, forcing landlords to adjust their strategies. The ranks of rental properties have also been swollen by the collapse of the Airbnb market during the coronavirus lockdown. 'Expats rent predominantly in the top segment,’ said Jasper de Groot, director of rental housing platform Pararius. ‘If the expats stay away, the properties are unoccupied. Expat properties are then advertised for a lower rent to prevent them standing empty.’"

"We’re seeing an excess amount of vacant properties. Tenants have either: been evicted, had to move out due to affordability, or, in the case of Airbnbs, are vacant due to a lack of tourism. This is particularly evident in Cape Town, our major tourism hub."

"New Zealand rent prices recently dropped for the first time in a decade, leading some property experts to blame Airbnb owners for the drop. House prices could also be pushed down should investors view an influx of new rentals on to the market as lessening their returns from buying new properties."

"Mark Bainey, chief executive of Sydney-based developer Capio Property Group, says the market as a whole is weaker than the numbers show and things could get worse for the sector. 'There's currently a lot of support from the governments and the banks, so the weakness in the market is being hidden or masked by all these stimuli,' Mr Bainey said. 'There's a lot of people in the property industry who are burying their heads in the sand. They're not up to speed with the true reality of how seriously the mortgage repayment holidays are going to impact the marketplace. Without a doubt, the worst is yet to come.'"

"The Johor market has always been plagued with unsold units and property overhang, but it remains a robust market with decent price appreciation over the years, Johor Bahru-based consulting firm, KGV International Property Consultants executive director Samuel Tan told Property Advisor. What effect will this glut have on the state and what can be done to resolve it? 'To alleviate the problem, it would be best to reset the selling prices of the unsold properties to reflect the current market.'"

"The prices of pre-owned homes in Hong Kong have come off their 10-month peak in June, forcing some desperate sellers to unload their lived-in property at losses. The shift in focus among property buyers and investors in Hong Kong, the most expensive urban centre for 10 consecutive years, may offer some relief to the developers amid an increasing glut of who still have between 3,000 and 4,0000 apartments in the pipeline to launch this year in a market that is mired in its worst recession on record."

"A flat measuring 508 sq ft at Harbour Pinnacle in Tsim Sha Tsui sold last week for HK$12.3 million, making a loss of HK$3.3 million after taxes and fees were added. Another flat measuring 737 sq ft flat at Parc Oasis in Kowloon Tong sold for HK$15.2 million, for a loss of HK$3.07 million inclusive of taxes and fees because the owner was in a rush to emigrate from Hong Kong. 'As more owners offer more discounts, there will be … pressure on property prices,' said Sammy Po, chief executive of residential division at Midland Realty.