Sentences with phrase «rents keep increasing»

As rents keep increasing, more businesses are being forced to pay the tax.
Rent keeps increasing every year and I would rather invest in a home than pay someone else's mortgage.

Not exact matches

As a result, the growth in rents in Ontario has not even kept pace with increases allowed by rent control laws.
Rent a suite in the basement to pay the mortgage, keep working up the ladder every 10 years as your equity increases, don't worry too much about paying the mortgage off, and never be out of the market.
Across the country, Zillow says incomes haven't kept up with housing costs, leaving a lot of people just one rent increase or job loss away from losing their homes.
Plus if I had a good tenant, I would keep the rents low but with section 8, it didn't matter, the government paid most of the rent and increasing the rental didn't affect the tenant that much.
Davis, it's essentially ocean front property as they a local measure J where voters have struck down any new development for 15 + years and hence median home price is ~ $ 700k matching walnut Creek / San Ramon, with just.2 % vacancy so even better rent, as UC Davis keeps increasing enrollment but not new housing.
I also increased the rent by $ 200 to $ 3,950 after two years of keeping rent steady at $ 3,750.
«Changing these laws would take power away from the landlords, and give more power to tenants,» said Pendergrass, who remarked that many New Yorkers are living paycheck to paycheck, and can not keep up with increasing rents.
From putting shovels in the ground for more affordable housing than any time in 40 years, to increasing free legal services for tenants ten-fold, to this rent freeze, we are turning the tide to keep this a city for everyone,» said de Blasio.
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.
Senate Majority Leader Dean Skelos, a Long Island Republican, said he wants to keep rent control, but would be hesitant to increase regulations on landlords.
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.
Needless to say, once they finally got the tenant with a 2 - year lease this time and an automatic rent increase after year one, they kept the first month's rent as a finder's fee.
Because during times of high inflation, you will have a larger than normal income stream funded by underlying rents that can be increased to keep up with inflation.
There is ample evidence in the UK of increasing fuel poverty (i.e., household spending over 10 % of disposable income keeping warm in winter) in the regions of wind farm deployment where higher electricity bills are needed to cover the rent of the land (from usually already rich) landowners, a direct reversal of the process whereby cheap energy over the last century has lifted a significant fraction of the world's poor from their poverty.
These renters may struggle to keep up with rent increases.
The goals are to keep total investment 15 % to 20 % below replacement cost and achieve rent increases between 10 % and 20 %, while still offering tenants a cheap alternative to brand - new housing.
The 1st year rents are comparable but HomeLPC keeps the rent fixed for the 3 years while the Home Parter rent increases annually.
Steady demand will keep increasing rents.
Take advantage of neighborhood appreciation by holding the property as a source of income while increasing rents each year in keeping with inflation.
Mortgage and rent costs increased the most, but cheaper housekeeping supplies helped keep total housing costs from going up much.
One of the most important numbers from a buy and hold perspective is that rents are up 13 % (on a multi-year increase) and projected to keep climbing.
we try to keep rent increases to a minimum for existing tenants and save big increases for turnover new tenants.
Meanwhile, as it remains difficult to access financing to purchase housing, the middle class won't necessarily be poised to leave renting for ownership, despite the increase in incomes, and the number of renters is expected to keep climbing over the next couple of years, says Anthony Cazazian, chief investment officer at property management firm Renters Warehouse.
This will remind them that a small increase in rent will enable you to keep the property maintained and will actually benefit them in the long run.
This reflects an increasing percentage of seniors housing operators that are choosing to keep rents steady, rather than passing through annual rent increases to their residents.»
While this method could mean you lose out on the profit from rent increases, it could be worth it to keep a reliable, rent - paying tenant longer.
So for now break even and building equity over 30 years plus living for free will have to do, but in this area rents will just keep increasing so eventually there'll be cash flow.
Proactive landlords are not just offering rent reductions — a common request from troubled retailers — but they also point to increasing marketing efforts, speeding through renovations and doing whatever they can to keep traffic up.
While the cost of these newer units has increased, it's kept the cost of renting condos and townhouses from owners pretty stable (or down).
Keep in mind that raising rents does not effect the funds necessary to retire debt, increased rents are above amounts for debt service.
Instead, look for actual evidence that the pace of new construction is keeping up with growth in demand: evidence such as increasing employment, household formation, and retail trade volumes, rising occupancy rates, positive rent growth, and growth in same - property NOI.
If you increase the rent to keep up with market value, but don't raise it so high that you make the current renter consider moving, you'll receive more money each month without shelling out bucks to find a new tenant.
I do nt plan on keeping the tenants as the property has great potential of increased rents when i do some work on the house.
We keep all of our tenants on a 1 year lease and every year we increase rent between 2 - 5 %.
New speculative development will continue to increase in 2015 but increased demand is expected to keep rents on a positive trajectory.
Metros, such as Dallas, that have kept up with existing housing demand and have laxer building regulations, will see lower rent increases.
A relatively limited amount of new multifamily construction in Northeast Florida has kept the occupancy rate above its historical average, presenting opportunity for increased rent growth.
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