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New Record: 41% Can’t Pay November Rent (Up 4%)

Alignable’s November Rent Report is out today and rent delinquency rates have escalated for the second month in a row in the U.S., breaking a new 2022 record: 41% of small business owners could not pay their November rent in full and on time.

Reasons cited include the cumulative effects of inflation, rent hikes, higher interest rates, the high cost of labor, and reduced consumer spending among others.

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