The number of older renters in the US is skyrocketing

The research, unveiled this week by apartment search website RentCafé, shows that between 2007 and 2017, the number of renter households aged 60 and older jumped from 6.5 million to 9.4 million, or an increase of 43 percent. Continue reading

Airbnb acquires Hotel Tonight, last-minute booking app

The rental-by-owner company announced the acquisition Thursday, saying in a statement that Hotel Tonight will help further Airbnb’s mission to “create a world where anyone can belong anywhere.” Continue reading

Universal rent control is here: Will it backfire?

Oregon is officially the first state in the U.S. to pass universal rent control for all tenants. Housing economists who spoke with Inman think the legislation, as written, will have either little or adverse impact on tenants and affordability. Continue reading

5 red flags to watch for when screening renters

James Wise runs The Holton-Wise Property Group, one of the largest brokerages in Cleveland. Over the years, he’s helped place hundreds of renters for clients, and he knows exactly what to avoid when it comes to problem tenants. Here are his top signs t… Continue reading

NYC Council aims to limit rental broker fees, security deposits

Members of the New York City Council took aim at the fees associated with renting an apartment in New York City, which sometimes requires prospective tenants to spend thousands of dollars in deposits and charges to obtain. Continue reading

Want to start buying investment properties? Than get creative

Want to be a property owner? Think way outside the box, a panel of real estate investors told attendees Wednesday at Inman Connect New York. Continue reading