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Rent Board’s rules on lease increases won’t help tenants, according to landlords.

Recently, the Rent Guidelines Committee moved closer to harming the housing market by proposing rent increases that fall below what landlords need to cover their costs. Most members, appointed by Mayor Eric Adams, have tentatively approved rent hikes of 1.75% to 4.75% for two-year leases, and 4.75% to 7.75% for one-year leases. The board is […]

UK to Give Private Landlords Five-Year Deals to House Illegal Migrants

The UK’s left-wing Labour government reportedly has launched an initiative to provide private landlords with a five-year contract to house illegal immigrants as the intersection of the UK channel puts more pressure on the asylum system. Despite the UK housing crisis, which has prevented many young British people from riding real estate ladders, taxpayers may […]

Los Angeles landlords jack up rent by as much as 124% amid LA fires

Landlords in fire-ravaged Los Angeles are raising rents, in some cases more than doubling, in violation of California law prohibiting price gouging, as thousands of residents seek shelter. There is. By law, landlords are not allowed to increase home prices by more than 10% after a state of emergency is declared. But when we looked […]

US Justice Department accuses six major landlords of scheming to keep rents high

The U.S. Department of Justice has accused several people of trying to keep Americans' rents high by using algorithms to help set rents and privately sharing confidential information with competitors to increase profits. He is suing the landlord. The lawsuit was filed as renters in the United States continue to struggle in an unforgiving housing […]

Major NYC landlords get surprise boost from growing media giant

The city's largest commercial landlord received a major boost from Bloomberg LP's sustained and growing stake in Midtown's Eastside. The media giant's 924,876-square-foot renovation and expansion at 919 Third Ave., which we first reported, was a welcome surprise for landlord SL Green. Bloomberg LP plans to lease approximately 1 million square feet at 919 Third […]

New York lawyer believes landlords should use caution with Good Cause Eviction Law

A law passed in New York in April 2024 makes it more difficult to evict problem tenants from rental properties. As a homeowner vetting potential tenants, it's important to keep local, state, and federal housing laws in mind to avoid legal trouble. Especially since new laws are enacted frequently across the country. Support tenants On […]

DOJ accuses tech firm RealPage of enabling landlords to collude on rents

The Department of Justice has sued real estate technology company RealPage for allowing landlords across the country to use its software to illegally raise rents for their tenants. The shocking lawsuit, filed jointly by eight states – California, Colorado, Connecticut, Minnesota, North Carolina, Oregon, Tennessee and Washington – alleges that RealPage helped landlords fix prices, […]