The number of people who rent in New York is at an all-time high, and some are complaining that rents are too high.The city’s housing shortage has led to a boom in the rental market, with prices skyrocketing in some neighborhoods and rents falling elsewhere.Here’s what you need to know about the latest, and what […]
Tag: rent increase notice
‘No one will lose a leg’: New research suggests rents will fall for most
A survey of the world’s major cities has found that rents are set to fall significantly over the next 10 years, as the global economic recovery takes hold.But the most dramatic drop is likely to be in the UK, where a rise in rents is expected to lead to a 10% drop in households earning […]
Rent rises on New York apartments to help struggling tenants cover rent
Rents for New York’s most expensive apartments rose more than 5% in February, bringing the average price for a three-bedroom apartment to $1,068 a month, according to data released Wednesday by the state Housing Authority.In a statement, the Housing Authority said its rental market is “at a critical crossroads.”The agency, which oversees the city’s rental […]
Rent increase notice issued to landlords in Valencia for rent increase
Valencia, Spain — More than 20,000 homes in the Valencia region have been sold off and up to 1,000 new homes have been erected in the area, the state housing authority said on Tuesday.The city of Valencia has already lost nearly 10 percent of its housing stock to the crisis, which has affected the lives […]
When rent is a concern for a low-income family in Oklahoma
Oklahoma’s low-wage workforce is at risk of being squeezed by rising rents.It’s happening despite state and federal guidelines that require employers to keep minimum wage rates low and keep their workers’ compensation costs low.The new guidelines from the Oklahoma Labor Department say businesses that hire people on a temporary or part-time basis are required to […]
How to make rent increases happen in a way that saves lives
Renters are already getting a taste of what it will be like when the government begins charging rent increases in 2017.The government announced the change on Friday, citing “serious issues” with the current system.This article will highlight some of the most notable problems with the existing system, including: • The lack of uniformity of the […]
