New Jersey had the second-highest YoY increase at 86.4%. Rhode Island and Minnesota have the greatest YoY rate of decline at 68.9% and 57.9%, respectively. Alabama and Arkansas have the highest rate of vacant units at 11.5% and 10.8%, respectively. ...
Rent growth is easing as landlords respond to a tightening in tenant budgets brought on by inflation.
Retaliation:Landlords may not terminate a lease, increase rent, decrease services, cause a lessee to quit involuntarily, or bring an action to recover possession to a tenant who has filed an official complaint to a Government Authority, been involved in a tenant’s organization, or exercised a ...
A rent increase notice is needed to notify the tenant about the future rent increase. The landlord must send this notice to provide the tenant with the time to decide—agree to the new terms or find another place to live. A landlord’s consent is used by the tenant who wants to ...
In virtually all cases, the resulting state lotteries follow a similar pattern: The state legitimises a monopoly for itself; creates a public corporation to run the lottery; begins with a modest number of relatively simple games; and, as a result of pressure to increase revenues, constantly ...
increase rent or refuse to enter into a rental agreement with a tenant who is a victim of domestic violence and has sought assistance from any court, police, or service program. (§ 5316 (a)) Some exceptions apply which allow a landlord to terminate the lease or increase rent (see Del....
Rents fell in New York, Seattle, Washington DC, San Francisco, plunged in Chicago and Honolulu. Many less expensive cities are red-hot. In San Francisco, the most expensive of the 100 largest rental markets in the US, rents peaked in October 2015, with the median asking...
Compared to median gross rents in 1940, Florida rents have increased more than any other state, inflating 11,744%. Since 1960, Hawaii has seen the largest increase between its median gross rent and 2BR FMR (3,415%). Alabama Rent by Year One year of FMR for a 2BR in Alabama totals ...
While we may see some single-family renters move to ownership, we also see the need for SFRs to increase due to constrained affordability and the size of the millennial generation. While the trend right now is for 34Diverted Homeowners, the Rental Crisis and Foregone Household Formation by ...
Mayor Wu in her letter transmitting her Rent Control Proposal states, “The maximum allowable rent increase would be set at the Boston Metro Consumer Price Index (CPI) + 6 percent, but in no event could rent for a unit exceed 10% in a year.” This is false. Hidden in the proposal (...