Depends on how long the rent goes delinquent. It's not uncommon for the rent to finally show up around the 15th. I used to rent out a property and would typically write the lease so that the rent was due within 5 days of the 1st. I would send a reminder but I didn't really start to worry as long as it showed up before the 20th. If it took longer than that I would start to worry.
The difference here is that the percent of that 31% who really can't afford the rent -- not now, and not any time soon -- is probably closer to 100%.
The difference here is that the percent of that 31% who really can't afford the rent -- not now, and not any time soon -- is probably closer to 100%.