Section 8 Promises Renters They Can Live Where They Choose. It Mostly Fails to Deliver.

Memo to tenants: Be careful what you wish for

Landlords dream that tenants could spend a day in their shoes, or long enough to realize that ownership is not about sitting on the beach while rent checks roll in. Tenants also dream about owning their buildings. They aim to pass the Community Opportunity to Purchase Act, plus a state version called TOPA. What if these wishes came true? For the answer, we turn to Tracey Towers, an 871-unit complex in the Bronx. Because it’s a Mitchell-Lama, rather than rent-stabilized housing, tenants must pay enough rent to maintain their housing. The rent increase will be 30 percent over the next []This article originally appeared on The Real Deal. Click here to read the full story.

Rent: When a landlord can ask for an increase and when a tenant has the right to refuse

What applies to the mandatory three-year term, adjustment clauses and new agreements – The areas where price pressures continue The post Rent: When a landlord can ask for an increase and when a tenant has the right to refuse appeared first on ProtoThema English.

Does Rent Control Really Backfire?

Does Rent Control Really Backfire?

A Landlord Lets Renters Borrow Furniture For Free During A Construction Delay, But A Roommate Demands The Other Pay For It

That roommate is being so unreasonable! The post A Landlord Lets Renters Borrow Furniture For Free During A Construction Delay, But A Roommate Demands The Other Pay For It appeared first on TwistedSifter.

Mamdani’s rent freeze leaves half of New Yorkers out in the cold

In New York City, a rent freeze doesn’t stop the housing crisis — it just shifts costs onto someone else. Roughly half of the city’s rental apartments are rent-stabilized, giving the Rent Guidelines Board enormous influence over the housing market. New York City Mayor Zohran Mamdani has made that power a political priority, pouring 54 []

Just two out of every 100 rental homes are affordable on housing benefit: ‘An impossible situation’

Rising rents are pushing renters to food banks with the number of tenants needing help soaring almost 80 in five years, research from Crisis and Citizens Advice found The post Just two out of every 100 rental homes are affordable on housing benefit: ‘An impossible situation’ appeared first on Big Issue.

Sell off of private rental properties has driven up prices

The sale of rental properties by private landlords is a key factor in the increase in rental prices in the...

Congratulations On Your Rent Freeze, Rent-Stabilized New Yorkers!

'Cause everything is rent?

Why Andy Burnham at No 10 could lead to a cap on rents across the country

Why Andy Burnham at No 10 could lead to a cap on rents across the country

STEVE FORBES: Mamdani’s socialist rent-control puts New York on the road to housing ruin

New York City rent freeze on 1 million rent-stabilized apartments is price control, not housing policy. It will reduce supply and hurt tenants.

New York City freezes rents for one million regulated apartments

New York City's rent freeze fulfillls a key campaign promise from Mayor Zohran Mamdani

Rent Guidelines Board Vote Sends New York’s Landlords Into Uncharted Territory

With the recent 7-1 vote by the New York City Rent Guidelines Board (RGB) to freeze rents for both one- and two-year leases on rent-stabilized apartments in the city, two things seem likely. The first is that, from offering free child care to freezing the rents, New York City Mayor Zohran Mamdani seems determined to []

Six reasons your home may not be selling

Six reasons your home may not be selling

Rents are rising in Perth, and one major analyst says the hike is not over yet. New data from Cotality shows Perth and Melbourne rents jumped 3.5 per cent over the quarter, taking median weekly dwelling rent in the western capital to $750.

If recent rent increases have hurt, buckle up. The hike is not over yet, according to one major analyst.

Barcelona’s costly gamble: a ban built on a bluff

The City Council capped short-term rental licences in 2014. Rents still rose up to 70 percent. So what's actually driving unaffordability?

Tenants union slams Nanaimo’s proposed tenant protection bylaw

Nanaimo tenant protection bylaw would include compensation but no discount on rent in new units The post Tenants union slams Nanaimo’s proposed tenant protection bylaw appeared first on The Discourse..

Costa Rica Rents Keep Rising Even as Inflation Stays Low

Costa Rica’s cost-of-living squeeze is showing up in one of the places residents feel most directly: rent. Housing rents rose 3.67 between May 2023 and May 2026, even as the general inflation rate fell by 0.81 over the same period, according to a new analysis by the Costa Rican College of Economic Sciences. The increase [] The post Costa Rica Rents Keep Rising Even as Inflation Stays Low appeared first on The Tico Times | Costa Rica News | Travel | Real Estate.

Mamdani’s Rent Board Votes to Freeze Rent for About 1 Million NYC Apartments

With the vote, tenants of rent-stabilized apartments won’t see a hike on their lease renewals starting October 1.

New York City Has Tried Rent Freezes Before. Here's How They Ended.

New York City Has Tried Rent Freezes Before. Here's How They Ended.

'Extremely overwhelmed': apartment renters face rising tide of fees

Tenants at apartment complexes operated by Greystar, the largest owner and manager of apartments in the US, don't just pay rent. They pay a mass of fees that many renters have never heard of before. These add-ons include boiler management fees, variable refrigerant flow fees, solar rebill fees, even lifestyle fees. Tenants and lawsuits in multiple states call many of these fees inflated, illegal, predatory or overwhelming. A fee for this, a fee for that was just crazy to me, Nichole Collins, a former tenant at a Greystar-managed building in Colorado, said. I had never experienced that before....

Spokane, WA cooling mandate could cost landlords millions

Spokane landlords could soon face millions of dollars in costs under a proposed mandate that could require them to retrofit tens of thousands of units to provide “adequate cooling.” The Spokane City Council proposed the mandate in April to take effect in 2031 and defined “adequate cooling” as 80 degrees Fahrenheit or below. If approved, []...Click to read more

The Unthinkable Just Happened—Mamdani’s Rent Freeze Stuns the Nation

New York’s Rent Guidelines Board voted 7-1 to approve a historic 0 percent rent increase for more than one million rent-stabilized apartments, delivering on one of Mamdani’s most anticipated campaign promises.

Two Washington renter protection plans that will raise your rent, expert warns

Seattle's junk fee ban and Spokane's cooling mandate both skip building new units and push costs onto renters, a landlord group warns.

Mamdani Gets His Rent Freeze

The Rent Guidelines Board voted not to increase rents on nearly 1 million apartments, fulfilling the mayor’s campaign promise.

RESCON: Paying the price for a cumbersome planning and permitting process

Approval timelines have barely budged., this should alarm the housing sector and anyone who cares about housing affordability,

Pekerja swasta semakin sukar beli rumah

PETALING JAYA: Kenaikan harga rumah berterusan dan upah tidak setimpal membebankan pekerja sektor swasta dalam usaha memiliki kediaman sen­diri sekali gus menimbulkan persoalan sama ada agenda perumahan negara benar-benar merangkumi keperluan semua lapisan pekerja. Setiausaha Agung Liga Pekerja-Pekerja Malaysia (LLRC), Gopal Krishnam Nadesan berkata, realiti pekerja sektor swasta jauh lebih mencabar walaupun terdapat beberapa skim ... Read more The post Pekerja swasta semakin sukar beli rumah appeared first on Utusan Malaysia.

ADDIS ABEBA WAITS ON A RENT CEILING

Addis Abeba’s renters and property owners are waiting on a city government decision that will set how far rents can rise under a two-year-old control...

Illegal Immigration Demand Shock: Why Your Rent Skyrocketed Under Biden

Illegal Immigration Demand Shock: Why Your Rent Skyrocketed Under Biden

How Properties And Internet Service Providers Can Ensure Renters Have Day 1 Connectivity

Multifamily renters don’t just want fast, reliable WiFi — they want it yesterday. The 2024 National Multifamily Housing Council/Grace Hill Renter Preferences Survey Report found that 87 of renters consider it “very important” or “absolutely...