For 2023-2024, rent increases were capped at 3% for one-year leases and 5% for two-year leases. Historical data shows that rent-stabilized apartments have consistently lower rent increases compared to market-rate units, helping to curb displacement. The Role of Rent Stabilization in Preventing Ho...
The Federal Fair Housing Act prohibits discriminatory rent increases due to race, color, national origin, religion, familial status, sex, or disability. This means it is illegal for landlords to apply greater rent increases on tenants because they fall under one of these protected categories. State...
Providence,Virginia Beach, andLouisvillesaw the biggest rent increases;Austin,Tampa, andJacksonvilleposted the biggest declines. 2025 is starting off as arenter’s market: Apartments are coming online atrecord levels, pushing rents down and helping widen the affordability gap between buying and renting...
But she added “there are good reasons to think that this stickiness in current shelter inflation reflects existing rents still catching up to new market rents,” noting slower new rent price increases point to an eventual slowing in increases for rental lease renewals. She als...
1.Re: Rent increases for shops 16 years ago It would seem like Mr.Middendorf is cutting his own throat.In these economic times it seems kind of dumb to raise rents that high,as any store owner is going to have to raise their rates,also.He may just be driving himself under....
The rent payments per client closely track the nonresidential real estate rents component of the Producer Price Index, which suggests the increases are largely due to inflation rather than small businesses upgrading to bigger or better space. Another bright spot from internal data: A metric called...
The legislation, which is by far the narrowest version of rent stabilization being proposed during the session, caps rent increases at 10% for people older than 62 or rely on disability insurance benefits from July 1, 2023 through Dec. 31, 2024. ...
The 2BR FMR in Alaska increases 2.55% for 2025 following an 8.77% increase from 2023 to 2024. The 2025 FMR for a 2BR in Alaska is more than 11 times higher than the state’s median gross rent in 1960; after adjusting for inflation, 2025 FMR is 25.6% higher. 2024 median monthly rent...
residential real estate rents component of the producer price index, which suggests the increases are largely due to inflation rather than small businesses upgrading to bigger or better space. another bright spot from internal data: a metric called the inflow-to-outflow ratio, which bank...
8. Consider periodic rent increases Your job isn’t finished after you have set the rent for your property. You will need to periodically assess your rates to make sure they are still competitive with other rental properties. Rates typically increase over time, and if your competitors start cha...