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California is one of the most expensive states when it comes to renting: Residents pay $2,750 per month on average, 38% above the national average. However, in November 2024, around 60% of the ...
With U.S. home prices surging to historic highs and rents rising across the country, lawmakers are once again taking aim at rent control legislation to promote more affordable housing. See: Rental...
Hurricane Idalia is set to make landfall in Florida this week. Here's what renters insurance covers and what it doesn’t.
Rent Control: Regulation and the Housing Market. Center for Urban Policy Research, ISBN 0-88285-159-4. McDonough, Cristina (2007). "Rent Control and Rent Stabilization as Forms of Regulatory and Physical Taking." Boston College Environmental Affairs Law Review, Vol. 34 pp. 361–85. Niebanck, Paul L., editor (1986). The Rent Control Debate.
The Wisconsin Housing and Economic Development Authority and Pennsylvania Housing Finance Agency, for instance, have agreed to cap annual rental increases to 5% per year for federal- or state ...
[8] HUD uses the terms "cost burdened" and "severely cost burdened" to describe individuals or families that spend more than 30% and 50% of their income on housing costs, respectively. [9] According to the 2020 U.S. census, 46% of American renters are cost burdened, with 23% severely cost burdened. [10]
The Act prohibits rent control on single family homes, on condominiums, and on newly built rental units. [45] Generally, 'new' means any building constructed after February 1, 1995 (per the 1995 Costa-Hawkins Act). [46] But for cities with existing rent control, 'new' is back-dated per the local rent control ordinance. [47]
Bankrate’s recent Severe Weather Financial Impact Survey reveals that 81 percent of U.S. adults have faced higher costs over the past decade due to weather-related issues. An increase in ...