Sentences with phrase «by soaring rents»

In the last few years, small and midsize art galleries have been finding themselves crushed at home by soaring rents and unable to pay astronomical fees demanded by art fairs to sell their work where collectors shop.

The Public Advocate noted that 50,000 New Yorkers, including children, presently live in homeless shelters, while many others have been displaced by soaring rents.

Not exact matches

The report found that shelter costs rose by close to six per cent this year to $ 76 a month because of soaring rents in Vancouver and «modest» increases in utilities and telephone expenses.

Slammed by soaring costs for food, labor and rent, New York's bars, restaurants and nightclubs are using a growing crop of third - party apps and services to rent out their dining rooms, coat - check areas and even their bathrooms to make extra cash.

Those living in London are hit by the benefit cap, as if the soaring cost of rent in the capital is their fault.

Leaked documents obtained by this newspaper expose the true scale of the «social cleansing» taking place across the capital as a result of welfare cuts and soaring rents.

He argued rents in the private rented sector had been soaring because landlords knew a tenant's rent would be funded by the state through a local housing allowance, the equivalent of housing benefit in the private rented sector.

The rent then soars by yet another $ 12 million, to $ 32.5 million annually, from 2019 to 2027.

It's part of a Manhattan - wide space glut as retailers — buffeted by e-commerce, tepid demand for luxury goods and a strong dollar that's eroded tourist spending — push back against rents that have soared to records.

Soaring apartment costs in Silicon Valley are fueling popular support for an idea bitterly opposed by many landlords in America's technology capital: rent controls.

Though some political instability and pockets of overbuilding keep expectations from soaring too high, the general consensus is that most markets will gain rents and occupancy by 2016.

What's more, a new study by Apartment Guide recently found soaring apartment rents in the state are posting higher national averages than cities like New York City or Los Angeles, known for high rents.

The trend is being fueled primarily by the gap between incomes and rents, which have soared to historical highs in recent years, leaving many households with hardly any cushion for financial blows such as a medical emergency or job loss — events that can trigger homelessness.