This is a positive thing, because it ensures some level of turnover
in the rental housing stock.
This is a positive thing, because it ensures some level of turnover
in the rental housing stock.
But more than 80 % of housing units in 2 + unit buildings are
in the rental housing stock.
Not exact matches
This money would have gone a long way to address
housing affordability issues either through targeted investments
in new affordable
housing stock or perhaps through investments
in boosting
rental housing construction.
New York City has a
rental control system designed to prevent the wealthy from exploiting the poor (with mixed results) and many other places
in the U.S. have affordable
housing system that creates some
stock of affordable priced, price controlled
housing at the expense of developer who want to sell market priced
housing.
«This growing trend (of short - term
rentals) poses concerns for the City of New York —
in particular, for our affordable
housing stock and public safety,» the city's chief fiscal officer said
in testimony he plans to submit before the City Council on Tuesday at a high - profile hearing on home - sharing.
In recent years, it's courted controversy from critics in New York, who say the site depletes the city's affordable - housing stock and encourages rapacious entrepreneurs to convert long - term housing into more profitable short - term rental
In recent years, it's courted controversy from critics
in New York, who say the site depletes the city's affordable - housing stock and encourages rapacious entrepreneurs to convert long - term housing into more profitable short - term rental
in New York, who say the site depletes the city's affordable -
housing stock and encourages rapacious entrepreneurs to convert long - term
housing into more profitable short - term
rentals.
The city has $ 98 million
in contracts out with such building owners, who ironically are chipping away at the
stock of affordable
rental housing by repurposing their buildings for temporary quarters for the city's homeless.
Our
rental house in Las Vegas didn't have a fireplace or bookshelves to hang
stockings, but now we have both!
If anything, the mortgage crisis actually allowed for additional
rental stock to become available, because investors bought some of the
houses that were lost
in the crisis.
Lets say I have a
rental house and after six months I take the profits from the
rental and invest them
in stocks in the LLC brokerage account.
Mr Keating's cabinet submission from 1987 said: «High interest rates on financial assets and the prospects of capital gains on the
stock market have reduced the relative attractiveness of investment
in rental housing.»
In much of the country the better part of the
rental housing stock consists of those communities.
That's good for the
rental market, because it means there's turnover
in housing stock.
But recent reports are suggesting a very different story:
in cities like Vancouver, London and New York, sites like Airbnb are actually contributing to a growing
housing crisis by diverting
rental stock that could have been rented to local, long - term tenants instead.
Combine these factors with strong
rental demand
in the Private Rented Sector and an acute shortage of
housing stock relative to the UK's needs and it all suggests a stable market
in the medium term.
If anything, the mortgage crisis actually allowed for additional
rental stock to become available, because investors bought some of the
houses that were lost
in the crisis.
This results
in an economically vibrant community where there's regular turnover of
rental housing stock, making it comparatively easy to get an apartment here.
On the other hand, renters have likely seen increased
rental housing costs and are less likely to have been active investors
in the
stock market's strong growth
in recent years.
«Strong demand for
rental housing has opened up that segment to a new wave of capital investment, and the shortage of affordable
housing in much of the country makes the
stock of older homes an attractive option for buyers willing to
in invest
in upgrades.»
Recognizing the need for affordable
housing, and increased building costs and land restrictions
in many markets over the past 15 years, developers and investors have been turning attached
rental stock into for - sale condominium communities — and the movement to convert has never been stronger than
in the past year.
Invitation Homes (NYSE: INVH) said Aug. 10 that it will combine with Starwood Waypoint Homes (NYSE: SFR)
in an all -
stock deal described by the two single - family
rental housing REITs as a «merger of equals.»
Realize, though, that while investing
in single - family
rental houses is more stable than the
stock market,
rentals are not exactly liquid assets.
If for example we have 20,000 vacant units
in a market with an existing
stock of 200,000
rental housing units, then V can be calculated as follows:
In the case of rental housing or apartments, usually the total stock and the vacant stock are expressed in unit
In the case of
rental housing or apartments, usually the total
stock and the vacant
stock are expressed
in unit
in units.
OnPoint got its start
in Boston as a development company focused on buying distressed and deteriorated
housing stock within some of Boston's most promising neighborhoods and transforming them into condos and
rental properties.
The report, «America's
Rental Housing: Evolving Markets and Needs,» edited by Marcia Fernald, examines the demographics of those who rent, the housing stock and its condition, construction trends and public - policy challenges now and in the
Housing: Evolving Markets and Needs,» edited by Marcia Fernald, examines the demographics of those who rent, the
housing stock and its condition, construction trends and public - policy challenges now and in the
housing stock and its condition, construction trends and public - policy challenges now and
in the future.
In the intervening period, the share of
rental housing stock has grown, particularly for those types of
housing that have been traditionally owner - occupied.
As you see some of that growth
in the single - family market getting kind of transmitted over to multifamily, that's just putting greater pressure on household budgets and incomes, and the declining
stock of affordable
rental housing.
All properties are being held for
rentals and
in certain targeted SFR neighborhoods 30 % + the entire
housing stock is investor owned - up from 6 %
in 2005
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Boston's relatively large population and
housing stock help mitigate some of the impacts on rent prices, but as one of the most expensive
rental markets
in the country, any rent increase will be noticeable to renters.
The kitchen was the best
stocked with dishes, pots and pans, etc. of any
rental house I have ever stayed
in.