That's not a third of tenants, note, but a third of landlords, many of whom will have multiple properties. The figure - a snapshot of the market - comes courtesy of the National Landlords Association, and is being quoted widely as a sign of wider current difficulties. It isn't - however - being quoted with any sense of context. I've tried to find an equivalent figure for March 2008, but failed (if someone from the NLA knows what that might be, please do leave a comment). However, I have managed to find an equivalent figure for early December 2008. The March 2009 figures are 37% currently experiencing tenants in arrears. The 8 December 08 figure? Er, 37%.

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