Blog
Renting a home in the United States has become increasingly out of reach for millions of low-wage workers. According to the National Low Income Housing Coalition’s (NLIHC) “Out of Reach 2025” report, the average minimum-wage worker would need to work 116 hours a week nearly three full-time jobs to afford a modest two-bedroom apartment without […]
For decades, rent control has been framed as a villain in housing policy debates. Economists, landlords, and policymakers often argue that controlling rent prices leads to reduced housing supply, poor maintenance, and an overall decline in housing quality. But as Cahal Moran argues in his article for Current Affairs, these critiques rely on outdated or […]
For years, the narrative has been clear: renting saves money while buying requires deep pockets. In fact, throughout the pandemic and its aftermath, skyrocketing home prices and rising mortgage rates pushed buying further out of reach, leaving renting as the more practical option for most households. But now, new data shows that the financial advantage […]
New York City renters are bracing for higher costs after the Rent Guidelines Board (RGB) voted in favor of increasing rents on more than one million rent-stabilized apartments. Beginning in October 2025, tenants will see rent hikes of 3% for one-year leases and 4.5% for two-year leases. While the decision was framed as a compromise, […]
In a vote that has stirred both outrage and support across New York City, the Rent Guidelines Board (RGB) has approved rent hikes of 3% for one-year leases and 4.5% for two-year leases on rent-stabilized apartments, affecting nearly two million tenants. The change is set to take effect on October 1, 2025. This decision comes […]
A new report reveals a staggering reality: one in three renters say they’d be forced to move if their rent increased by just the average amount seen across the UK. With rents continuing to climb in the wake of inflation, migration pressures, and housing shortages, housing instability is fast becoming the norm rather than the […]