Sentences with phrase «over a rent increase»

(This comes just in time for the annual fight over rent increases).

Even to tenants who never knew his name and could never afford to live in one of his buildings, Mr. Litwin was an unseen power: a voice in the Rent Stabilization Association, the landlord organization that battles tenant groups annually over rent increases, set by the New York City Rent Guidelines Board, that may legally be charged in hundreds of thousands of rent - stabilized apartments in the city.

Cover all the necessary information, leaving no room for confusion over the rent increase and when it goes into effect.

Also there is little control over rent increases.

Also, this avoids an argument with an existing tenant over a rent increase.

Not exact matches

Rent increases in neighborhoods that experienced the biggest influx of those workers have risen 65 percent faster over the past five years than areas with the smallest influx, according to Zillow.

The bank highlights Toronto as the biggest potential bubble risk, noting that real prices have doubled over 13 years, while real rents and real income have only increased 5 % and 10 % respectively.

Generated new leasing spreads of 15.6 %, representing the sixteenth consecutive quarter that the rental rate for new leases increased by more than 10 % over the prior rent for the comparable space.

San Francisco rents increased 1.5 percent from February to March and were up 3.3 percent over the last quarter.

At a rally at City Hall on Wednesday morning with the «Fair Fares» coalition — which consists of 68 organizations — Johnson noted that rent, food and Metrocard fares have increased over the years, with wages going down or remaining stagnant.

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.»

Add Leverage (Mortgage) and you greatly increase the ROI especially from the perspective of using Rents (other peoples money) to pay down the mortgage and increase your equity in the property over time.

Rents can change drastically over the course of just a few years, and there's the ever - looming threat of eviction if a rent increase proves too much for you to afford.

And while your underlying asset is appreciating, the income also grows as rents increase over time.

With a low vacancy rate and too little permitting, Amazon's new HQ2 presence would increase rents an additional 8.8 percent over 10 years.

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.

Over the past decade, «post-rent wages,» or wages left after deducting median rent costs, decreased for service workers -LRB--7 percent) and blue - collar workers -LRB--5 percent), while only knowledge workers saw an increase (6 percent).

Rents in Raleigh increased about 10 % over the past decade, while pre-rent wages fell for blue - collar -LRB--4 percent) and service (1 percent) workers.

The report states that under the Tax Cuts and Jobs Act, the tax benefits of renting over buying a home will increase in 29 of the 35 largest U.S. markets.

Villa rents also increased by 13.41 per cent compared to the first quarter of 2013 and saw a 6.46 per cent gain over the fourth quarter of 2013.

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.

Over time, like stocks, rents generally increase with or outpace inflation.

That is an INSANE rent increase over a ten year period.

When home values over many years of ownership rapidly increase, but their rents don't increase at that same pace, your return, not on your initial investment, but on the money tied up in the property drops.

According to Rent Jungle, the average apartment rent rates have increased by $ 31 or 7 % over the last 6 monRent Jungle, the average apartment rent rates have increased by $ 31 or 7 % over the last 6 monrent rates have increased by $ 31 or 7 % over the last 6 months.

Rent growth is pacing almost a full percentage point behind the overall rate of inflation, which stands at 2.4 percent as of the latest data release, and is even further behing the growth in average hourly earnings which have increased by 2.7 percent over the past twelve months.

Landlords in New York City won a victory with the state Court of Appeals ruling that vacancy rent increases can be used to boost a unit's cost over the deregulation threshold.

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.

Falling home ownership rates and a 20 % increase in rents over the next five years are likely without government action on housing, a report has warned.

«A third of rent - stabilized tenants are paying over 50 percent of their income towards rent and this decision will likely increase that amount.»

That represents a 71 percent increase over the $ 510,509 he had spent on rent at the same point in the 2005 campaign, the records show.

Well, after what went on at Cooper Union, with everyone up in arms over the rent stabilized rent increases, you would think people would be upset that rent regulation was extended.

«Over the past five years, the operating costs of owners of rent - stabilized apartments have increased 16 percent, while the RGB has limited rent increases on a 1 - year lease to a fraction of that, 2.25 percent, over that same period — including two consecutive rent freezes,» said RSA president Joseph StrasbOver the past five years, the operating costs of owners of rent - stabilized apartments have increased 16 percent, while the RGB has limited rent increases on a 1 - year lease to a fraction of that, 2.25 percent, over that same period — including two consecutive rent freezes,» said RSA president Joseph Strasbover that same period — including two consecutive rent freezes,» said RSA president Joseph Strasburg.

De Blasio and city officials have said broadly that one of the most significant drivers of the increase in homelessness citywide has been income inequality, writ large: stagnant wages for workers combined with rising rents over the past decade.

At a time when rent - stabilized tenants in New York City are enjoying a freeze in their rents, another group of regulated tenants — the dwindling minority in rent - controlled apartments — is facing an increase of up to 9.6 percent over the next two years.

[3] However the Conservatives were hoping to gain at least two seats in the election and raised increases in council house rents and controversy over disability benefits as issues where they could benefit from.

«Over the past decade, rents in Harlem have increased dramatically, pushing out hardworking families who struggle to make ends meet,» said Phil Melton, executive vice president of Bellwether Enterprise.

Part of the current problem of keeping people in their homes is that a shelter allowance created by the state in 1975 covered the full rents of the vast majority of those on public assistance, but hasn't kept up with the increase in rents over the years, he said.

Median rents increased by approximately 26 percent over the same period, according to the commissioner.

He wouldn't weigh in on whether tenant advocates were right to be angry with Mr. Cuomo over rent regulations --» that issue is still being debated right now» — nor on how he thinks a straight extender on 421a for six months will affect his affordable housing plan, again insisting there was «real dialogue» going on and that his focus was on increasing the amount of affordable housing requiring through the tax break.

Part of the current problem of keeping people in their homes is that a shelter allowance created by the state in 1975 covered the full rents of the vast majority of those on public assistance, but it hasn't kept up with the increase in rents over the years, Hevesi has said.

With the recent US launch of the company and the site's plans to begin renting ebooks as soon as the end of this summer, Amy Riach was on hand at BookExpo to increase the company's exposure, focus the brand, and work on growing the already impressive list of agency contacts that has already led to over 400,000 ebooks on the Bilbary site to date.

Similarly, in any given year rents may increase or decrease, but over time, rents tend to increase.

However, assuming a 3 percent rental income increase every year, after all expenses we should (very conservatively) have received total cash flow of roughly $ 75,000 from the six houses over that 10 years (remember, rents should go up yearly, but my largest monthly expense — my mortgage principal and interest — will remain the same throughout this 10 year period).

The great part about the $ 60,000 I make every year is it will last as long as I own my rental properties, in fact it will increase over time as I pay off mortgages and inflation causes rents to increase.

Besides sitting on the property for 10 - 15 years would cost him 30 - 45k plus the cost of re-renting the house when empty.Not to mention the inevitable increases in taxes over that time which will either increase his deficit or eat up the rent increase he is able to charge.

As we've laid out previously apartment owners can benefit from even small increases in rents, have demographics and social trends on their side and new supply has been quite limited over the last decade (see here, here and here for the details).

They have built - in regular modest rent increases to cover inflation and rising costs over time.

But renting has its own drawbacks such as bad landlords, less control over your home environment and not participating in real estate price increases.