Idaho Rent increases on mobile home tenants are limited to once per six months Maine The rental unit must meet the warranty of habitability Massachusetts Lease agreements can include tax escalator clauses, i.e., statements that a tenant’s rent may be increased during the lease term by a spec...
Based on the issues concerning defining rent burden as a fixed threshold, there emerges another aspect related to the residual spending in renter households. Clearly, renters adjust their household budgets to rent increases, income decreases, or job losses by cutting down on other expenditures. A h...
The all-in Oregon state and localtaxrate on large businesses could exceed 56 percent under a proposed ballot measure that purports to impose only a small tax increase on large businesses. …Under Measure 118, Oregon’s corporate income tax will contain a gross receipts-based minimum of 3.0 pe...
**Estimates based on recent trends. Rent vs. Income by Year Housing and amenities have changed so much over decades that it makes gauging rental inflation difficult. Ratios of rent-to-income (RTI), however, indicates rent prices are rising at a faster rate than renter incomes. Since 1980, ...
Meanwhile, the Democrats passed ObamaCare (patterned on RomneyCare in Massachusetts), in great measure because of the (rent-seeking) support of Insurance Companies, which were promised a captive audience of consumers required by law to buy their insurance -- and protected by the law from ...
“The Effects of Rent Control Expansion on Tenants, Landlords, and Inequality: Evidence from San Francisco,” by Rebecca Diamond, Tim McQuade, and Franklin Qian (American Economic Review, 2019). “Housing Market Spillovers: Evidence from the End of Rent Control in Cambridge, Massachusetts,” by...
Massachusetts is the 3rd most expensive region with an average cost of living index at 146.5. States with the highest average cost of living Canva #2 Most Expensive - Washington, D.C. Washington DC is the 2nd most expensive region with an average cost of living index at 146.8. ...
Moreover, some landlords in Massachusetts opt for a tiered late fee structure based on the duration of the delay. For example, a landlord may impose a lower late fee for delays within the initial grace period and a higher fee for subsequent delays. This tiered approach reflects an acknowledgme...
Rental expenses must be tallied based on the part of the house you live in vs. the amount you rent out. It is either done on a room basis or a square footage basis. So, you will need tocalculate the square feet of the areayou’re renting out vs. the living space you’re not. ...
Whether you should sell your house or rent it out depends on several factors. These include your potential rental income compared to expenses, the work you want to put into it, your potential profit if you sell, and other goals you have. ...