Sentences with phrase «increase in the rental housing»

Not exact matches

Increasing short - term corporate rentals that go for above - market rent could make affordable permanent rental options in a pressurized housing market such as San Francisco's even more scarce.
With the large number of houses on the market in Michigan right now and the difficulty in selling a house, the number of rental units on the market is increasing — probably faster than the pool of potential tenants.
The number of single - family rentals nationally has increased by almost one third since the housing market last peaked: that's nearly 4 million more single - family homes rented in 2012 than in 2005.
Just as in the UK, there are shortages of properties available in Stockholm, but of course the rent caps do not cause these shortages, just as not having rent caps in the UK doesn't result in a great increase in the supply of high - quality rental housing at reasonable cost.
Abiding to market rules, increasing supply should lower housing costs and tackle problem in both the rental and ownership markets.
Southold Town Supervisor Scott Russell is proposing to double the limits of the town's current zoning rules in order to increase affordable housing rental units across the North Fork.
But he added that other issues must also be addressed, including a long - term state plan for supportive housing, an increase in rental assistance levels, and $ 200 million in homeless funds he says the city is still owed.
Multifamily building leads US housing starts higher in January A 19.7 percent increase in residential rental and condominium starts lead to a 9.7 percent...
On the contrary, poverty rates for various groups, including children, have seen much less improvement in London compared to the Northern regions; house price affordability and private rental costs have increased substantially in London but not in the North; homelessness has worsened in London but improved in the North; and overcrowding remains particularly acute in the capital.
If you incurred additional living expenses, such as rental costs for a larger apartment or house for the medical care provider, you can deduct the increase in rent and a portion of the utilities as a medical expense.
Residential Rents should increase moderately: «The faster pace of rent increases last year may have been attributable in part to the reduced affordability of owner - occupied housing, which led to a greater demand for rental housing.
Rents should rise somewhat less quickly this year and next, reflecting recovering demand for owner - occupied housing as well as increases in the supply of rental units.
No or low «payment shock» — less than a 100 % increase in proposed mortgage payment Vs. current rental housing expenses
«With some of the largest numbers of foreclosures and sharpest drops in home values during the housing bust, the city of Phoenix tops the list of cities with the biggest percentage increase in single - family rentals.
However, in the aftermath of the U.S. housing bust, rent increases have been outpacing the inflation rate because of the significant rental demand.
Of course, your rental income also went up by 50 %, but that's cancelled out by the increase in housing expenses.
Payment shock is expressed as a percentage and is a number that represents the increase in housing expense from the current rental or mortgage payment and is typically limited to 120 percent of the previous housing payment and can apply to borrowers who have credit scores between 620 and 640.
«CMHC has already increased its mortgage default insurance premiums twice in 24 months; they've increased the down payment on homes worth $ 1 million or more to 20 % and they increased the down payment made on rentals to 20 % — and none of these changes have really cooled Canada's two hot housing markets.
The return from housing was measured solely as the increase in the level of the Teranet — National Bank National Composite House Price Index and does not account for rental income from a property.
Let me reiterate what I was trying to say in the earlier blog: Considering that housing is the number - one reason renters need to re-home their pets, and with rental housing increasing and affordable options decreasing, it ain't looking so good for renters with pets.
Private Accommodation is another option for your holidays in Puerto Rico Gran Canaria, each year there is an increase in people searching for a private rental of a Villa, apartment or house around the resort.
• 484,594 serviced apartments in 6,426 locations across The Americas and Canada, together with 70,300 corporate housing units • US accounts for 25 per cent of the $ 100 billion global vacation rental sector, which is expected to be worth $ 170 billion by 2019 • Region accounts for region accounts for 58.61 per cent of the global serviced apartment inventory • US corporate housing Average Daily Rate was $ 150 in 2016 • 800 extended stay hotels in Hilton portfolio, with more than 500 in the pipeline, representing 15 per cent of the Hilton portfolio • 1 serviced apartment, branded residence, aparthotel, corporate accommodation and short - term rental conference and exhibition for the Americas • US corporate housing inventory is estimated at 66,863 units • Around 7,700 serviced apartments in 95 locations across LATAM region • US corporate housing revenues increased 10.2 %, to $ 3.2 billion in 2016 • Canadian corporate housing revenue is an estimated $ 278 million.
There is a great range of holiday house rentals available in Lakes Entrance we are endeavouring to increase our listings in this area.
Nixon Peabody is mentioned in this article for working with Silver Street Development Corp. to leverage the federal Rental Assistance Demonstration (RAD) program to increase the number of affordable housing units in a New Jersey senior housing community.
By preventing or obtaining more time in foreclosures or evictions, obtaining, protecting, or increasing rental subsidies, and assisting clients with other housing issues, legal aid providers avoided $ 1.9 million in costs to homeless shelters.
Half the 87 million Americans living in rental housing have no insurance on the contents of their home and stand to face a total loss in the even of theft or fire — an increasing concern as we head into the holiday season.
Combined with the marked increase in new residents, the rental housing market in Colorado is stretched.
If you live in an apartment, condo, loft or any other type of complex, then people are constantly coming and going, increasing your risk of a theft or property crime Furthermore, if your rental house does not have an alarm system, you are also at a higher risk.
Landlords are struggling to keep up with the breakneck speed of increases in the need for rental housing.
As a matter of urgency, ACOSS called for Newstart and related payments to be increased, and investment in social housing and affordable rentals.
Since this government came in October we saw housing affordability issues have become much worse particularly in the biggest and main two areas in Canada (Metro Vancouver and Greater Toronto areas): 30 % to 40 % increase of home prices in a matter of weeks and huge shortage of homes and rentals as a result of foreign buyers... big joke..
That expansion, which NAR has long advocated and helped push through Congress, should give a boost to the housing market by providing a 40 percent increase in the amount of tax credits that states can allocate to developers of eligible rental projects.
NAR analysts say that increase, the first in many years, was a critical boost for affordable rental housing development.
«Increasingly, baby boomers and other empty nesters are trading single - family houses for the convenience of rental apartments; in fact, more than half of the net increases in renter households over the past decade came from the 45 - plus demographic.»
As part of the provincial Fair Housing Plan in April, the province is allowing the city to introduce a vacant homes tax in order to increase the supply of rental hHousing Plan in April, the province is allowing the city to introduce a vacant homes tax in order to increase the supply of rental housinghousing.
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.
«There can be no question that the immediate impact of the fires is an increase in demand and a reduction in housing supply, so our already tight rental and purchase markets will be even more challenging.
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.
Located in the City of Ottawa; Modest unit relative to community norms in terms of floor space and amenities; Rent affordability based on the Average Market Rent (AMR) for Ottawa as established by the Canadian Mortgage and Housing Corporation's Rental Market Report (link is external)(also see table below); Not at the same municipal address as the landlord's residence; A building or unit that require essential repairs and / or energy efficiency upgrades; A single unit or multi-unit building that requires modifications to increase accessibility and accommodate tenants who are seniors and / or persons with disability;
«Red flags include things like a new highway being built [in close proximity to the house], an increased number of short sales, foreclosures and vacant properties, but even the number of rentals in an area can be cause for concern,» says Lisa Frushone, a Pennsylvania real estate agent.
Located in the City of Ottawa Modest unit relative to community norms in terms of floor space and amenities; Rent affordability based on 60 % of the Average Market Rent (AMR) for Ottawa --(rent table is below (updated yearly by CMHC Rental Market Report)-RRB-; A rooming house that require essential repairs and / or energy efficiency upgradesA rooming house that require modifications to increase accessibility; A rooming house that is in good standing with the City of Ottawa (or) actively working towards compliance as determined by the City
This phenomenon has contributed to a significant slowdown in most housing markets in single family home purchases but it has also contributed to a significant increase in multifamily and single family rental occupancy and rental rates.
The draft Democratic platform, released on July 1, said the party would increase the supply of affordable housing «by expanding incentives and easing local barriers to building new affordable rental housing developments in areas of economic opportunity.»
The increase in housing supply may also present an opportunity for landlords to acquire single - family rental properties, especially if housing prices stabilize before interest rates increase.
We also use cost reduction improvements to increase investment rental cash flow with in - house property management.
Demand for rental housing continued to strengthen in April as the average rent increased to $ 1,364.
Despite this increase in supply, there continues to be demand for rental housing in Westchester and Fairfield due to the significantly higher costs of housing in Manhattan.
Especially in this city, the increasing price of rental properties has played a key role in the housing turnover.
In his talk, he discusses how Fannie Mae and Freddie Mac are increasing access of low income households and households in low - income / high - minority areas to affordable single - family housing and to multifamily rental unitIn his talk, he discusses how Fannie Mae and Freddie Mac are increasing access of low income households and households in low - income / high - minority areas to affordable single - family housing and to multifamily rental unitin low - income / high - minority areas to affordable single - family housing and to multifamily rental units.
If the vacancy rate in the rental housing market is low, such demand increases will push rents and home prices up, since there is an inherent link between rents and prices.
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