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A continued decline in rents wouldn't just be welcomed by the people paying them. It's also good news for the Federal Reserve, which has been raising interest rates to slow price increases.
Here’s why so many experts have kept expecting shelter inflation to fall—and the rent you pay in your city or town to approach something that seems reasonable again—and why they just don’t ...
Blackstone said that despite rent increases, Gonzalez and other tenants interviewed pay "significantly below market." "We aim to provide the best experience possible for our residents," the ...
According to the National Bureau of Economic Research, the number of rental units was reduced by 15% and tenants were 8-9% less likely to move due to rent control. [55] Tenants paid 40% below market rates on their units, and the value of properties was diminished by 45%. [55]
The risk of default is spread out over more than one tenant in such NNN deals (e.g., if either Starbucks or MetroPCS goes bankrupt, the other tenant continues to pay the rent due under their NNN lease). Such deals can appeal to investors seeking to spread risk, though the simplicity of collecting one rent check from one tenant is forfeited.
The primary exception is the right to rent a space in a mobile home park, which is frequently transferable, frequently rent-controlled, and frequently subject to French-style "key money" payments to the original tenant in the form of buying the current mobile home at an inflated price. The new tenant can then junk the existing, outdated trailer ...
According to the Landlord Tenant Guidebook, “Most rental agreements require that rent be paid at the beginning of each rental period.” In a month-to-month tenancy, rent is typically due on the ...
Fair Market Rent in the US context is the amount of money that a given property would command, if it were open for leasing at the moment.. Fair market rent is an important concept both in the Housing and Urban Development's ability to determine how much of the rent is covered by the government for those tenants who are part of Section 8, as well as by other governmental institutions.