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