Rental Property

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

Rental Property, Residential / By

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

Rental Property, Residential / By

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

Rental Property, Residential / By

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

Economy, Housing Market, Rental Property / By

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

Rental Property, Residential / By

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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Poll: 1 in 4 Millennials Say Parents Cover Their Rent

Economy, Rental Property / By

Published by Breitbart News | January 27, 2023 Roughly a quarter of millennials say their parents cover their rent, and 35 percent of U.S. adults say their parents still pay for at least one of their bills, a new poll found.  The New York Post reported on the survey Friday, which was conducted with 2,000 Americans by OnePoll …

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Why The Renters Bill Of Rights Won’t Help Much

Economy, Rental Property / By

Published by Forbes.com | January 25, 2023 A set of principles may be good in concept, but they don’t come close to addressing the big problems of skyrocketed rents or the imbalance of power between landlords and tenants. The Biden administration released its promised game plan to “protect renters and promote rental affordability.” The accompanying White House Blueprint …

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9 U.S. Cities Where Rent Prices Are Finally Falling

Rental Property / By

Published by REALTOR.com | January 9, 2023 While Realtor.com economists predict that, nationally, rental prices will continue climbing in 2023, they expect the days of double-digit hikes are likely over. The rental market appears to have hit an inflection point—and not a moment too soon for many Americans who have been squeezed tight by record-setting price …

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Homelessness Ticked Up In 2022 as Rising Rents Continued To Price People Out

Economy, Rental Property, Residential / By

Published by REALTOR.com | December 19, 2022 Homelessness rose this year as rents and home prices spiked across the country. In January 2022, nearly 582,500 people experienced homelessness, according to a recent U.S. Department of Housing and Urban Development report. That figure is a slight increase—about 0.3%—from 2020. However, homelessness fell 10% over the past 15 years. …

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