• Mon. Dec 23rd, 2024

John Triplett

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Short-Term Rental Operator Sentenced for Defrauding Landlords

A short-term rental operator who called himself the “wolf of Airbnb” was sentenced to 51 months for defrauding landlords of more than $1 million in rent, according to a release.…

Broad Coalition of Housing Providers Oppose Rent Cap

A broad coalition of housing providers and lenders released a letter to President Biden opposing the recent proposal to cap rents nationwide, according to a release from the National Multifamily…

Rent Cap Proposal For Landlords With 50+ Units

A plan to cap rent increases to 5% annually for landlords with more than 50 units is being proposed by the Biden administration but will face stiff opposition in Congress.…

Multifamily Growth ‘Encouraging’ in First 6 Months of 2024

Multifamily growth met expectations in the first half of the year, Yardi Matrix says in the June report. While rents continued to rise in June, increases were modest compared to…

Rent Prices Rise in June, But Rentals Slow

Rent prices continued to rise in June but overall rent increases remain modest, Apartment List says in its July report. While there have been five straight months now of rent…

Rents Forecast to Rise in 2025 and 2026

CoStar Group forecasts that as the new apartment supply is absorbed, new data shows there will be an increase in rents in 2025 and 2026, ending the lower prices “many…

Do New Luxury Apartments Bring Lower Rents for All?

In a new research bulletin, the National Multifamily Housing Council (NMHC) says new “luxury apartments” influence rental costs for all prices of apartments, including the lower-cost Class C apartments. But…

Where Are the Most Competitive Rental Markets?

As the summer moving and leasing season heats up, RentCafe took a look to find out where the most competitive rental markets in the United States are located. “Overall, the…

Super-Commuting Grows As Bosses Pull Back On Remote Work

New data from the U.S. Census Bureau shows a growing number of Americans are spending at least 90 minutes each way traveling to and from work, a practice known as…

Report Cites Profits of Big Landlords Using RealPage

A report by a progressive watchdog group called accountable.us cites six big corporate landlords using RealPage rent-setting software and how much those companies have raised rents. Three of the companies…