President Biden proposed the idea of a 5 percent rent cap for corporate landlords with at least 50 units on Tuesday. However, industry leaders say caps rarely result in lower housing costs for renters. Continue reading
Zillow, Apartments.com and AffordableHousing.com agreed to join the fight in a continuation of a war on rental fees the Biden administration announced in March. Continue reading
The Department of Homeland Security announced it wouldn’t follow the 2019 amendment to the Public Charge Rule, which helps determine citizenship eligibility based on financial neediness. Continue reading
The five-point plan seeks to make the appraisal industry more accountable, arm consumers with assistance, prevent algorithmic bias, cultivate a more diverse appraisal industry, and leverage federal data to benefit research and policymaking. Continue reading
Proptech’s banner year, a couple long-awaited IPOs, surging rent growth and more — here’s all the hot Property Portfolio news that hit the press in 2021. Continue reading
Government agencies are looking to better quantify risks from climate change, a step with implications for government-backed home loans. Continue reading