Not discounting what you said but the 30% thing is bad but a bit of a poor statistic in that usually the number is about 20%. This is because it’s not 30% can’t pay rent but 30% didn’t pay on time. By the end of the month the number who had paid was like 92% vs 96% a year ago.

So yes bad but less bad with context and certainly something that is a leading indicator of something very very bad.