70 Percent of Landlords Would Cut Rent


According to a recent survey, 69 percent of smaller, independent landlords would reduce rents to keep tenants in their homes. One third (32 percent) say they already have reduced rents in the past 18 months.

Tracey Benson, president of The National Association of Independent Landlords, points out that in today's tough economy, renters absolutely should approach their landlords if they need help making ends meet.

"Just like everyone else in this recession, landlords are trying hard to pay their mortgage and cover their bills. As long as renters pay on time and take good care of where they're living, landlords will work with them," Benson said.