Katherine Hamilton
speaker
654 appearances
14 recordings
1 series
first heard Apr 2024
last heard Jan 2025
Katherine Hamilton’s voice in public audio — every appearance, attributed to the second.
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Appearances
And then also a lot of people are paying their rent online now, so those online platforms are also contributing.
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It's not new per se, but getting rewards on a monthly basis is relatively new for rent payers.
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A lot of landlords historically have given out concessions, which is a financial incentive like a month of free rent.
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And that's always been the case.
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But now a lot of companies are partnering with landlords and offering monthly rewards like points or cash back.
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At least 2 million renters are currently getting cashback points, some version of monthly rewards from some of these newer companies that are offering renters rewards.
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Cashback and points are the primary types of monthly rewards other than, like I said, like the month of free rent, those sort of traditional concessions.
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But these newer companies are primarily doing cashback and points.
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Usually these companies that offer rewards do have the landlord pay for most of the rewards, but there's a few different streams it can come from.
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So if it's a points-based rewards company, a lot of times they partner with companies like Amazon or HomeGoods that you can cash your points in and get an Amazon gift card or reusable paper towels.
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And those companies will also add to the points and the value of the points.
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And then also a lot of people are paying their rent online now.
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So those online platforms are also contributing.
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That did come up with one person I spoke to.
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She lives in New Jersey.
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She's rented her whole life, and she gets points back now for paying her rent, and she's cashed in those points for, she said, a really nice set of colored pencils for her daughter and reusable paper towels.
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Usually it's through the landlord.
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So these landlords are offering this sort of as an incentive to draw tenants in and say they can get a little return on their housing investment.
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They're pretty much a drop in the bucket compared to rent.
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As you may know, rent has increased a lot since the pandemic.
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Showing 261–280 of 654 · page 14 of 33
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