Local
apartment rents increased, the eviction rate was a bit higher than the state average and about 14 percent of Manchester's housing was labeled affordable last year, according to a recent report from the town planning department.
The S&P CoreLogic Case - Shiller National Home Price Index rose 6.2 % in January from the same month a year earlier, while the average
apartment rent increased a more manageable 3.9 % in the first quarter from a year earlier, according to real - estate research firm Reis Inc. -LRB-...)
«
Apartment rent increases are expected to accelerate from job creation leading to new household formation, particularly among the young adult population who will seek their own housing arrangements — many will be leaving their parents» homes, or choose to live with fewer roommates,» Yun said.
On a yearly basis, San Francisco
apartment rent increased the greatest at 5.9 percent.
Not exact matches
With an overall
increase in the number of Americans
renting apartments, there is a need for more effective listing services.
It calculated that by reducing supply, Airbnb activity had in fact
increased median long - term
rent in the city by 1.4 percent over three years «resulting in a $ 380
rent increase for the median New York tenant looking for an
apartment this year.»
That study calculated that by reducing supply, Airbnb activity had in fact
increased median long - term
rent in the city by 1.4 percent over three years «resulting in a $ 380
rent increase for the median New York tenant looking for an
apartment this year.»
The only way community banks can compete with commercial banks is to undersell them or make an even bigger loan to the developers, and even bigger loans to the people who are trying to buy their
apartments to gain security in housing from
rent increases by going deeper into debt.
With relatively low median wages, some of the
rent growth in Austin is expected from an
increase in high - paid workers who will
rent more expensive
apartments, pulling the median
rent up.
In our new
Apartment List analysis, we concluded that Amazon will
increase rents in any metro it chooses for its HQ2, but certain metros are more sensitive to its impacts than others, with
rents expected to rise an additional 0.3 percent to 2 percent a year in cities across the country.
Most of the
increase in
rents in Atlanta would be due to an
increase in the number of higher - end
apartments rented by Amazon workers earning far more than the current area median of $ 36,340.
According to
Apartment List analysis,
rents in Raleigh, San Jose, Baltimore and Pittsburgh will be the most impacted by Amazon choosing to build its HQ2 in their metros, with
rents expected to
increase by an additional 1 percent or more per year over the next ten years.
Although
renting is gaining market share from home ownership, recent
increases in
apartment construction suggest that
rents increases won't be strong enough -LSB-...]
Apartment rents have also seen a healthy
increase at 24.57 per cent over the first quarter of 2013 and 8.29 per cent rise over the fourth quarter of 2013.
In the inner Melbourne
apartment market, prices have been flat for some time and falling in some areas, and
rents have been under downward pressure, partly in response to the rapid
increase in the supply of new
apartments.
Broward County's overall average
apartment rent as of August was $ 1,527, a 7 percent
increase from a year earlier, according to the research company.
Increasing turnover was central to Vantage's business strategy, the attorney general's office said, so that it could charge much higher
rents after renovating the newly vacant
apartments.
According to
Rent Jungle, the average apartment rent rates have increased by $ 31 or 7 % over the last 6 mon
Rent Jungle, the average
apartment rent rates have increased by $ 31 or 7 % over the last 6 mon
rent rates have
increased by $ 31 or 7 % over the last 6 months.
New York City's
Rent Guidelines Board met yesterday to begin the annual process of deciding how much rents can increase on the city's one million rent - stabilized apartme
Rent Guidelines Board met yesterday to begin the annual process of deciding how much
rents can
increase on the city's one million
rent - stabilized apartme
rent - stabilized
apartments.
The reform effort is focusing on two key priorities: Enacting Kavanagh's bill to repealing the «vacancy bonus» landlords receive in
increased rents when tenants leave, and reforming the so - called «preferential
rent» (AKA «bait - and - switch») provisions that allow landlords to raise
rents dramatically after tenants are occupying an
apartment.
Monthly
rent for one - and two - bedroom
apartments in 2017
increased...
And landlords will now only be able to
increase rent for individual
apartment improvements one sixtieth, versus one fourtieth, the cost of the improvement, though only in buildings with 36 or more units, something landlords claim will worsen housing conditions for tenants.
Further, landlords strenuously opposed the tenant - friendly
increase of decontrol thresholds — the amount of monthly
rent above which
apartments can go market rate, from $ 2,000 a month to $ 2,500, and the raising of the tenant - income limit from $ 175,000 to $ 200,000.
Even though only about 13 percent of
rent - stabilized
apartments turn over each year, a report released on Tuesday by the antipoverty group Community Service Society of New York argued that the vacancy allowance, which has been in place since 1969, is so high that it contributes more to the overall rise in stabilized
rents than the annual
increases.
The
Rent Guidelines Boards (one in New York City and one each in Nassau, Westchester, and Rockland counties) set maximum allowable rates for rent increases in stabilized apartments for one and two - year lease renew
Rent Guidelines Boards (one in New York City and one each in Nassau, Westchester, and Rockland counties) set maximum allowable rates for
rent increases in stabilized apartments for one and two - year lease renew
rent increases in stabilized
apartments for one and two - year lease renewals.
(Credit Nathaniel Brooks for The New York Times) For decades, the cost of
renting a regulated
apartment in New York has been partly determined not just by annual
increases approved by a city board, but also by the far bigger raises allowed when an
apartment becomes vacant.
The to - do list read something like this: close the preferential
rent loophole; make rent increases for major capital improvements temporary; reduce the vacancy bonus; limit a building owner's ability to recover a rent - regulated apartment for personal use; and reforming the Rent Guidelines Bo
rent loophole; make
rent increases for major capital improvements temporary; reduce the vacancy bonus; limit a building owner's ability to recover a rent - regulated apartment for personal use; and reforming the Rent Guidelines Bo
rent increases for major capital improvements temporary; reduce the vacancy bonus; limit a building owner's ability to recover a
rent - regulated apartment for personal use; and reforming the Rent Guidelines Bo
rent - regulated
apartment for personal use; and reforming the
Rent Guidelines Bo
Rent Guidelines Board.
Controlling
rent - control (1997): As old
rent - control protections faced a June 15 expiration, Silver lets the laws expire without ever calling on the lawmakers to debate — then immediately strikes a deal with Republicans to
increase rent hikes on empty stabilized
apartments.
The laws that cap
rent increases on 1 million city
apartments expire in June, and landlord groups, tenant advocates and politicians all agree that...
[NYP] • Despite some politicians» calls for a
rent freeze, the Rent Guidelines Board has recommended increases «between 2 and 4.5 percent» (in other words, 4.5 percent) on New York's stabilized apartme
rent freeze, the
Rent Guidelines Board has recommended increases «between 2 and 4.5 percent» (in other words, 4.5 percent) on New York's stabilized apartme
Rent Guidelines Board has recommended
increases «between 2 and 4.5 percent» (in other words, 4.5 percent) on New York's stabilized
apartments.
One of the largest operators of affordable multi-family housing in Upper Manhattan and the boroughs is suing the city's Department of Housing Preservation and Development for at least $ 4 million for lost income tied to deferred
rent increases in subsidized housing vouchers at three
apartment complexes in East Harlem.
While Governor Andrew Cuomo lobbies for
rent - regulation, New York City landlords claim that they can not sustain their businesses without
rent increases for stabilized
apartments,...
Many tenants in New York City's roughly one million
rent - regulated
apartments will see their
rents rise for the first time in three years after a city panel voted last night to allow landlords to
increase rents on one - year and two - year leases.
Landlords of
rent - regulated buildings, however, rely on raising rent 20 percent in vacant units to recoup the losses they have acquired by subsidizing other apartments for years without adequate rent increases, according to Frank Ricci, director of government affairs for the Rent Stabilization Association, which represents landlords of rent - regulated apartme
rent - regulated buildings, however, rely on raising
rent 20 percent in vacant units to recoup the losses they have acquired by subsidizing other apartments for years without adequate rent increases, according to Frank Ricci, director of government affairs for the Rent Stabilization Association, which represents landlords of rent - regulated apartme
rent 20 percent in vacant units to recoup the losses they have acquired by subsidizing other
apartments for years without adequate
rent increases, according to Frank Ricci, director of government affairs for the Rent Stabilization Association, which represents landlords of rent - regulated apartme
rent increases, according to Frank Ricci, director of government affairs for the
Rent Stabilization Association, which represents landlords of rent - regulated apartme
Rent Stabilization Association, which represents landlords of
rent - regulated apartme
rent - regulated
apartments.
Court of Appeals Chief Judge Janet DiFiore wrote in her decision that state law makes it clear the vacancy
rent increase should be counted when figuring if an
apartment has reached the deregulation threshold.
How is it good for
apartment renters to have their buildings fall into disrepair because some agency said a zero percent
rent increase was ok?
Glover called on the governor to walk back a policy that allows landlords to
increase rents by 20 percent whenever a
rent - regulated
apartment becomes vacant.
With estates being demolished to make way for luxury
apartments,
increasing rents, and families being stuck in temporary accommodation or forced out of London altogether, it is little wonder that many of the campaigners say they feel disaffected by mainstream politics.
Pendergrass»
apartment is
rent stabilized, meaning her lease is renewed every 2 years, with an increase set by the city's Rent Guidelines Bo
rent stabilized, meaning her lease is renewed every 2 years, with an
increase set by the city's
Rent Guidelines Bo
Rent Guidelines Board.
The
Rent Guidelines Board voted to consider a 0 to 2 percent increase in rent for stabilized apartments with one - year leases, while stabilized apartments with two - year leases will face an increase of.5 percent to 3.5 perc
Rent Guidelines Board voted to consider a 0 to 2 percent
increase in
rent for stabilized apartments with one - year leases, while stabilized apartments with two - year leases will face an increase of.5 percent to 3.5 perc
rent for stabilized
apartments with one - year leases, while stabilized
apartments with two - year leases will face an
increase of.5 percent to 3.5 percent.
A decline in oil and gas prices could impact the
Rent Guidelines Board's decision about whether to freeze, increase of decrease rent on the city's roughly one million rent - regulated apartme
Rent Guidelines Board's decision about whether to freeze,
increase of decrease
rent on the city's roughly one million rent - regulated apartme
rent on the city's roughly one million
rent - regulated apartme
rent - regulated
apartments.
Mr. de Blasio stressed that he would not be satisfied with a simple extension of the existing regulations, but called for preventing landlords from removing vacant
apartments from the
rent control program and from
increasing the
rent 20 percent on stabilized
apartments once they become unoccupied.
Residents of the Marine Drive
Apartments face massive
rent increases under new rates for units in the Waterfront facility.
An
increase in the
rent threshold at which
apartments become market - rate, indexed to rise each year, is a step forward, but it only slows the bleeding — and is well short of de Blasio's target, ending vacancy decontrol completely.
Entitled, «The New Housing Emergency,» the report (in full below) says loopholes in the city's current
rent - stabilization rules — like vacancy decontrol and
rent increases due to renovations — result in the loss of more than 10,000
rent - regulated
apartments per year.
The speaker has said strengthening the
rent laws, which limit
rent increases on more than one million
apartments in New York City and surrounding suburbs, is the top priority of his conference.
Dozens of people who depend on
rent - stabilized
apartments said they can not afford any
rent increase.
The
rent law, which restricts
rent increases for more than 2 million tenants in 1 million
apartments in and around New York City, expired Monday at midnight after the Senate and the Assembly failed to reach a compromise.
Among the proposals in her «
Rent Justice for All» program are ending the preferential rent loophole, by which landlords can offer an apartment for less than the legal regulated rent but can revoke this privilege whenever the lease is renewed; expanding rent stabilization statewide to buildings with six or more units, which is currently the law in New York City; and increasing funding to the state's Homes and Community Renewal age
Rent Justice for All» program are ending the preferential
rent loophole, by which landlords can offer an apartment for less than the legal regulated rent but can revoke this privilege whenever the lease is renewed; expanding rent stabilization statewide to buildings with six or more units, which is currently the law in New York City; and increasing funding to the state's Homes and Community Renewal age
rent loophole, by which landlords can offer an
apartment for less than the legal regulated
rent but can revoke this privilege whenever the lease is renewed; expanding rent stabilization statewide to buildings with six or more units, which is currently the law in New York City; and increasing funding to the state's Homes and Community Renewal age
rent but can revoke this privilege whenever the lease is renewed; expanding
rent stabilization statewide to buildings with six or more units, which is currently the law in New York City; and increasing funding to the state's Homes and Community Renewal age
rent stabilization statewide to buildings with six or more units, which is currently the law in New York City; and
increasing funding to the state's Homes and Community Renewal agency.
Under
rent regulation, the maximum
rent for an
apartment can
increase no more than a certain percent every year, based on inflation, improvements to the building or
apartment, as well as other costs.