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The multifamily housing market has been undergoing significant changes as rent growth stabilizes and new supply enters the market at a rapid pace. According to recent data, national rent averages have seen slight declines, reflecting the impact of increased housing availability and shifting market conditions. Rent Growth and Decline in National Averages In October 2024, […]

Housing affordability in the United States has reached a critical point, with nearly half of renter households struggling to keep up with rising costs. According to the U.S. Census Bureau’s 2023 American Community Survey, a staggering 49.7% of renters are now classified as “cost-burdened,” meaning they spend more than 30% of their income on housing.

Rent control policies have long been a subject of debate among policymakers, economists, and housing advocates. While the intention behind these policies is to ensure affordable housing for tenants, they often lead to unintended consequences that affect both the housing market and public health. A deeper look into the effects of rent control reveals the

In today’s economic landscape, securing affordable housing has become an increasingly daunting challenge, particularly for those earning minimum wage. The rising cost of living, coupled with stagnant wage growth, has left many workers struggling to find rental options that fit within their limited budgets. While the general rule of thumb suggests that housing costs should

In an era where skyrocketing rent prices have become the norm, frustrated tenants are taking matters into their own hands. A growing movement known as “rent shaming” is gaining traction online, with renters publicly calling out landlords and property managers for listing homes at seemingly exorbitant rates. This grassroots effort, largely fueled by social media,

New York City has long been one of the most expensive rental markets in the world, with skyrocketing rents that leave many residents struggling to find affordable housing. But what exactly is driving these ever-increasing costs? While many attribute high rents to demand alone, the reality is more complex. A combination of restrictive policies, limited