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Stories Tagged as

Renters

Millennials locked out of hot real estate markets

by Mitchell Hartman
Nov 29, 2021
The National Association of Realtors reported on Monday that pending home sales were up 7.5% in October.
Millennials are staying in their apartments for longer than they would have a decade ago, likely due to the high cost of first-time homes.
Spencer Platt via Getty Images
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What rising rents mean for inflation

by Sabri Ben-Achour
Nov 11, 2021
Inflation on a larger scale is "transitory," we've been told by the Fed. But "rent growth is gonna remain strong," one experts says
In October, median net-effective rents for Manhattan apartments with no doorman increased by a 7.4% year over year, whereas apartments with doormen increased by 24.9%. Above, apartments on the Lower East Side of Manhattan.
Drew Angerer via Getty Images
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Voters in St. Paul, Minnesota, to decide on strict rent control proposal

by Britta Greene
Oct 27, 2021
If enacted, the proposal would be one of the most aggressive rent control policies in the country, applying to new construction.
St. Paul resident Emily Lynch says the rent on her single-family home is going up by $400 per month in January, an increase of more than 30%. She’s now looking for a more affordable place to live.
Britta Greene
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In South Carolina town, tenants feel effects of expired eviction moratorium

by Amy Scott and Richard Cunningham
Oct 4, 2021
Marketplace’s Amy Scott speaks with housing attorney Nicole Paluzzi about the wave of evictions in North Charleston.
South Carolina has distributed a fraction of the federal rental assistance funds the state has received. That's a problem for low-income tenants, says housing attorney Nicole Paluzzi.
Spencer Platt via Getty Images
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What happens when the eviction moratorium ends in a month?

by Nancy Marshall-Genzer
Jun 25, 2021
The extension of the eviction moratorium may help federal assistance cover some back rent, but long-term solutions are needed.
The federal eviction moratorium has been extended by a month, but experts think long-term solutions are needed for renter assistance.
Michael M. Santiago via Getty Images
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COVID-19

Banning evictions for 1 more month could make a big difference

by Mitchell Hartman
Jun 24, 2021
Experts say it will give both renters and property owners more time to access that Congress gave states for rental assistance.
Experts say it will give both renters and property owners more time to access that Congress gave states for rental assistance.
Michael M. Santiago/Getty Images
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Texas may soon require landlords to inform renters about flood risk

by Jen Rice
May 28, 2021
The state requires disclosure of flood risk information to buyers, but not to people who rent their homes. For now.
In the Houston area, nearly half a million renters live in a floodplain. New protections could mean a significant shift for them.
Win McNamee/Getty Images
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The CDC extends an eviction ban, but landlords find ways around it

by Amy Scott
Apr 1, 2021
It can be hard for landlords to pay their bills too. But even tenants with a strong case against eviction rarely fight back.
For renters to really be protected, one expert said, they need access to legal resources.
Scott Heins/Getty Images
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COVID & Unemployment

Rental assistance is on the way, but will it come in time?

by Samantha Fields
Jan 18, 2021
Right now the only thing keeping millions of renters in their homes is the CDC’s eviction moratorium, which expires Jan. 31.
Demonstrators march in the street during the Cancel Rent and Mortgages rally on June 30, 2020, in Minneapolis, Minnesota.
Brandon Bell/Getty Images
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COVID & Unemployment

Report warns of a worsening affordability crisis for renters

by Amy Scott
Nov 19, 2020
The lowest-income households were more likely to lose wages and fall behind on rent.
Banners against tenant evictions hang from a rent-controlled building in Washington, D.C., in August.
Eric Baradat/AFP via Getty Images
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