Construction permits for multifamily housing rose 9% in July compared to June.
“The first thing I say when the production team walks in is, it's, ‘make yourself at home,’” said Chicago homeowner Jill Nahrstedt
Here’s how the FARE Act, New York City’s new broker fee law, is working out so far.
One area particularly hard hit by these extra charges: apartment rent. And the fees aren’t always disclosed before tenants sign the lease.
Many of the projects being completed were delayed by the pandemic.
Will housing prices go down with fewer short-term renters around?
It’s unclear whether reducing the number of short-term rentals will free up housing for city residents.
As some CPI data lags, economists consider new rental data to better understand where housing costs are now.
Ultra-cheap rentals declined in every state, especially in Texas and North Carolina, where renters from more expensive markets are moving.
People looking to break out of shared housing are increasing demand for rentals, but supply is limited.
