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The national median price of rent for apartments ranging from studios to two-bedroom apartments fell 0.3% year-over-year to in January. That’s down $5 from a year ago and $46 below the high in ...
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 ...
Rent control laws have stayed on the books for decades in New York because of an inadequate supply of "decent, affordable housing". [36] The worsening in the rental market led to the enactment of the Rent Stabilization Law of 1969, which aimed to help increase the number of available rental units.
Driven by the work-from-home dynamic, as well as by new migration patterns, both single-family and multifamily rent prices were red-hot during the first years of the pandemic.
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 The new tenant can then junk the existing, outdated trailer ...
Only in designated regions with a strained housing market, the rental price at the beginning of the rental agreement are capped by law. Increases in the rental prices throughout the duration of a rental contract are required to follow a "rent level" (Mietspiegel), which is a database of local reference rent prices. This collects all rent prices ...
Rental prices that soared to record highs just a few months ago are now heading in the other direction as inflation, economic uncertainty and falling demand have finally caught up with the market
In research, there is an established connection between the supply of housing and the price of housing; housing tends to be more expensive when there is a shortage of housing (when the supply does not meet demand). [42] [43] [44] In some countries, the market has been unable to meet the growing demand to supply housing stock at affordable ...