Rental Property

Expert Warns Landlords Over Progressive Policies Allowing Squatters

Published by FOX Business | June 23, 2023 Data shows 5.1 million U.S. households are behind on rent as of May 2023 Step through the doors of a house that’s just been vacated of squatters, and you might be shocked at the property’s condition. Anchor Realty co-owner Walter Lapidus’ recently regained a Philadelphia-area home with multicolored …

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Study: Residents in Major U.S. City May Need at Least $85K to Afford Rent

Published by FOX Business | June 9, 2023 Tampa, Florida is ranked 18th on an index of the most overpriced metro areas in the country A new study found that people living or wanting to move to one of the Sunshine’s state fastest growing cities need to make at least $85,000 annually to afford the skyrocketing housing …

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Does Rent Go Down During A Recession? What Renters And Real Estate Investors Can Expect

Published by Forbes.com | January 14, 2023 If you’re a real estate investor, you probably know not to expect a perpetual rally in rent prices. This slowdown should have been anticipated. The pandemic has wreaked havoc on America’s rental markets. From business closures that prevented renters from earning an income to eviction moratoriums to mass …

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Rent Prices Stop Shooting Up—and Even Fall in Some Parts of the Country

Published by REALTOR.com | April 25, 2023 Rents across the country continued to tick up in March—but at a much slower pace. Tenants shelled out about 2.5% more last month compared with a year earlier in the 50 largest metropolitan areas, according to the most recent Realtor.com® rental report. Nationally, the median rent was $1,732 a …

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How the White House Tenant-Centered Action Plan Could Affect Your Investments

Published by Property Onion | March 17, 2023 Real estate investors need to be aware of the potential impact of the new tenant-centered action plan to plan and prepare for how these policies might impact their portfolios. The Biden Administration recently announced a new tenant-centered action plan to address affordable housing issues for renters. The project aims to provide …

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The Pros And Cons Of Rent Control For Landlords And Tenants

Published by Forbes.com | March 23, 2023 A staggering 70% of housing providers say rent control affects their investment and development plans. While rent control appears to help housing providers in the short run, in the long run it affects their investment and development plans, according to new research by the National Apartment Association (NAA). Potential actions …

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Rental Prices Continue To Tick Up, but the Wild Increases Appear To Be Over

Published by REALTOR.com | February 23, 2023 As the new year kicked off, the wild run-ups in rental prices that terrorized tenants last year appear to have leveled off. January was the 12th month in row where rent growth slowed, according to the Realtor.com® monthly rental report. Monthly rents were down $80 from the peak in …

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Here’s Why Renters Need To Work More Hours To Afford Rent

Published by Forbes.com | January 31, 2o23 Only in 10 of the 50 largest U.S. cities can two full-time workers earning minimum wage comfortably afford a typical two-bedroom rental. Nationally, four minimum-wage workers would have to double up in both bedrooms to not stretch their budgets, finds a new Zillow analysis shining a light on …

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White House Using One-Size-Fits-All Plan to Protect Renters at Landlords’ Expense

Published by FOX Business | January 25, 2023 The Biden Administration recently announced new actions to ‘protect renters and promote rental affordability’ The White House announced it is taking strategic steps to protect renters, including setting up limits on egregious rate hikes. Critics, however, have called out the Biden administration’s one-size-fits-all program that makes changes …

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