Sentences with phrase «soaring rents in»

Soaring rents in recent years have made buying a home much more affordable for those who want to stay put than renting one.
Despite soaring rents in luxury apartments in downtown Chicago, the average rent for a three - bedroom home in Cook County takes less income than buying the median home.
And those being priced out of home ownership are leasing apartments instead — driving up already soaring rents in the city, according to Urbanation, a market analysis firm.
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.
CHICAGO, Feb 28 (Reuters)- People trying to escape soaring rents in U.S. cities face a cruel reality: home prices are going up, too.
Soaring rents in the retail sector have prompted calls for a register of leases and a rebalance of power between landlords and store owners.

Not exact matches

Amazon has a domineering presence in the city, where longtime residents have complained of rising traffic, soaring rent, and constant construction since the e-commerce giant moved in.
As the crisis in available office space in the CBD continues, building owners are bringing refurbished space back into supply this year to take advantage of soaring rents.
Rents for so - called Class A office spaced soared 17 % last year, but are still half or less of those in London and New York.
VANCOUVER — The British Columbia government will unveil its long - awaited housing strategy on Tuesday, taking aim at skyrocketing real estate prices and soaring rents that have crippled affordability in the West Coast Canadian province, particularly in Vancouver.
The lack of building is credited with contributing to soaring rents and home prices in the county.
Home > XE Currency Blog > Apartment rents soar 5 % in 4th Quarter; vacancies decline back to generational low
A combination of soaring rents, cuts to benefits, and a shortage of social housing has created a crisis in affordable housing in the capital.
Those living in London are hit by the benefit cap, as if the soaring cost of rent in the capital is their fault.
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.
This would also raise the cost of renting privately, which flies in the face of his criticism that rental prices are already soaring.
Organizers explained that Harlem had been chosen for the protest as it represents a neighborhood in flux, where soaring housing and commercial rents threaten to undermine the community's historic composition of working - class and middle - class life in New York.
According to Silver's attorney, he was a «great champion» of tenants rights during a time when rents in New York City have soared.
«Secondly, the soaring rents that seniors can no longer afford to live in their homes, and low - income families are getting squeezed out of community.»
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.
«This financing will mean more shovels in the ground and more New Yorkers protected from soaring rents,» de Blasio said in a statement.
Clothing designers, manufacturers and local politicians gathered Tuesday at a rally to help businesses like Cohen's stay afloat in the face of soaring rents, outsourcing and a recession.
His crime novels are set in the «60s but many of the sites were still recognizable even though the bars, like a lot of local food and drink establishments in the city have been forced to shut down due to the soaring rents.
They deserve a thorough and transparent explanation from the college, detailing exactly how the administration managed the school's finances and arrived at the decision to charge tuition, despite the fact that the rent Cooper Union receives from the Chrysler building will soar from about $ 9 million this year to $ 32.5 million in 2018.
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.
Jen also used her Creative Capital funding to offset infrastructure costs like soaring studio rent in Brooklyn.
Rents in fact, in the urban core, are soaring.
Not at all affordable, Toronto's rental market is the hottest it has been in years, with bidding wars breaking out and rents soaring, according to a new study that predicts Ottawa's new stricter mortgage qualification will make the region's rental market even less affordable.
Costing a then - record - setting $ 1.8 billion in early 2007, the building would later become a symbol for a period of irrational exuberance in U.S. real estate, where a belief in forever - climbing rents sent values soaring.
In 2015, San Francisco and the surrounding area had some of the highest - priced office rents in the country (and office rents continue to soar) while.In 2015, San Francisco and the surrounding area had some of the highest - priced office rents in the country (and office rents continue to soar) while.in the country (and office rents continue to soar) while...
Asking office rents in New Jersey are soaring...
After the housing market crashed, more people opted to rent than prior to 2009, and net absorption soared in the early years of the recovery...
This year's survey also brought to light how the soaring cost of rent in many areas is likely influencing the decision of middle - aged parents to buy a home with their young adult children in mind.
Asking office rents in New Jersey are soaring, according to the Wall Street Journal...
While soaring real estate prices and ludicrous rents have ceased being news in places called Pacific Heights or Park Slope, the dual tsunamis of gentrification that submerged both coasts are moving inland, threatening small and midsize U.S. cities where the idea of spending half of your pay on rent was once inconceivable.
There has been a recent soar in the popularity of turnkey rental properties over the last few years, especially among those people who want to tap into the world of real estate investing but don't have the necessary amount of time to dedicate to flipping, renovate to rent out or even simply try and scour for a great deal on a distressed home.
There has been a recent soar in the popularity of turnkey rental properties over the last few years, especially among those people who want to tap into the world of real estate investing but don't have the necessary amount of time to dedicate to flipping, renovate to rent out or even simply try and scour -LSB-...]
A version of this article appears in print on December 7, 2012, on Page A1 of the New York edition with the headline: Soaring Rents Drive a Boom In Apartmentin print on December 7, 2012, on Page A1 of the New York edition with the headline: Soaring Rents Drive a Boom In ApartmentIn Apartments.
Especially as rent prices soar in the area, you should put your money towards something that you will benefit from down the road.
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.
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.
After the housing market crashed, more people opted to rent than prior to 2009, and net absorption soared in...
Rents are soaring and demand for apartments is historically high, but some developers and landlords are overestimating the strength of the U.S. apartment market — and paying for it in quarterly earnings.
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.
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