Search results
Results from the WOW.Com Content Network
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]
These mortgages enticed borrowers with a below market interest rate for some predetermined period, followed by market interest rates for the remainder of the mortgage's term. The US home ownership rate increased from 64% in 1994 (about where it had been since 1980) to an all-time high of 69.2% in 2004. [71]
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.
Guren and McQuade (2020) argue that widespread foreclosures can interact with the housing market to amplify declines in asset prices, leading to prices below levels determined by fundamentals: "When the housing market is hit by a shock that lowers housing demand and induces some foreclosures — for example a drop in employment . . . the ...
The El Cajon complex had been sold, according to research firm CoStar and commercial loan reports, to a giant real estate investment fund managed by the private equity firm Blackstone.
The decision to rent or buy might be primarily financial, but your lifestyle and future plans or goals should also be a factor. Renting offers more flexibility and less upfront costs, but it does ...
Equivalent price-to-earnings (P/E) ratio for homes. To compute the P/E ratio for the case of a rented house, divide the price of the house by its potential yearly earnings or net income, which is the market rent of the house minus expenses, which include property taxes, maintenance and fees.
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 ...