LA City Council votes to end 3-year freeze on rent hikes

The council decided to base the increase on inflation data from October 2022 through September 2023 rather than the prior year, which would have resulted in a steeper rent hike, according to the “Los Angeles Daily News.” Continue reading

13K NYC rent-stabilized units have been vacant since 2021: Study

NYC’s Independent Budget Office’s latest study found 13,362 rent-stabilized units have been empty for at least two years. They said it’s “impossible” to know if landlords are justifiably keeping them unrented. Continue reading

Florida Realtors and landlords team up to fight rent control, file lawsuit

The proposed ordinance in Tampa threatens landlords with jail time if they raise the rent more than 5 percent a year. Landlords and Realtors vow to fight back seeking to block a cap on rent hikes. Continue reading

Well-intentioned rent control laws can do more harm than good: Study

A new study comes as city, state and federal lawmakers call for caps on how much landlords can raise rent. In one case, property taxes were projected to drop 4 percent as a result of rent control laws. Continue reading

New York broker fee ban paused amid industry lawsuit

On Monday, a judge issued a temporary restraining order for a rule that would shift the burden of paying the fees from tenants to landlords. Continue reading

Tenancy-in-common housing gaining popularity in Los Angeles

Collectively owned housing is growing in popularity in Los Angeles and beyond as prices for more conventional homes remain out of reach for many buyers. Continue reading

Rent control is getting more popular, but does it actually work?

Rents are rising faster than inflation and there is unlikely to be a “significant softening of rental markets.” Continue reading

Reformers at the gate: Progressives set their sights on the housing market

In cities across the country, housing advocates, civil rights groups and defenders of the homeless are chipping away at housing laws, one state at a time. Why now? Continue reading

Washington DC’s rent-control laws hang in the balance

Affordable housing advocates are taking to the streets of Washington, D.C. this weekend in an attempt to push council members to adopt stronger rent-control laws. Continue reading

Trade group and landlords divided on rent control law in California

The law exempts most apartments built within the past 15 years, and, thanks to lobbying by the California Association of Realtors, doesn’t apply to most single-family homes. Continue reading