L.A. Rent Drops During the Pandemic
What does it really mean? Gita Gopinath, the Economic Counsellor and Director of the Research Department at the International Monetary Fund (IMF) pointed towards an unprecedented economic downturn caused by the coronavirus. In an article for the IMF, she explained that, “as countries implement necessary quarantines and social distancing practices to contain the pandemic, the world has been put in…