California Building Fewer Homes As Residents Continue Getting Smacked With Astronomically High Rent
Californians are building fewer housing units as rent prices in the state remain among the most expensive in the nation, causing millions to leave the state. The number of housing permits issued in California fell precipitously last year, dropping from 135,565 in 2022 to fewer than 78,oo0 in 2023, according to data compiled by the […]
Michigan Republican grills Biden on taxpayer-funded rent subsidies going to asylum-seekers
First appearance on Fox: A House Republican from Michigan wants to know whether federal tax dollars are being used to subsidize housing for illegal immigrants. Rep. Lisa McClain (R-Mich.) sent a letter directly to President Biden on Wednesday regarding the federal government’s Office of Refugee Resettlement, arguing that the grant process “raises a number of […]
Michigan GOP lawmakers slam taxpayer-funded rent subsidies for migrants
Michigan Republican lawmakers are sounding the alarm over certain provisions of the state’s New Rental Subsidy program, which gives up to $500 to landlords who rent to immigrants. Gov. Gretchen Whitmer’s administration has argued that the program is aimed at helping newly arrived immigrants find affordable housing and better integrate into society. The program, which […]
WeWork targets Chapter 11 exit by May 31, secures $8 billion in rent reduction
WeWork on Tuesday said it aims to emerge from Chapter 11 bankruptcy protection in the U.S. and Canada by May 31, and will receive 80% of its rent commitments from landlords. The company announced that it had negotiated a reduction of more than $100 million. The shared office space provider, once privately valued at $47 […]
It’s cheaper to rent than buy a starter home in top 50 US metros: Report
Rising mortgage rates and falling rents mean it’s cheaper to rent than buy a starter home in any of the nation’s 50 largest metropolitan areas. New data from Realtor.com Published on Monday. In February, rental prices for apartments and small houses fell for the seventh consecutive year, with rents falling by about 0.4% from the […]
It’s 60% cheaper to rent a home than buy in top 50 US metros: study
A recent study found that as of February, there was a shockingly large difference in the odds of renting a home versus buying one in all of the top 50 metropolitan areas in the United States. For so-called “starter homes” in these popular cities (which some argue don’t exist anymore due to exorbitant borrowing rates […]
Michigan Gov. Gretchen Whitmer Faces Backlash for Migrant Rent Program After Illegal Charged with Murder
Michigan’s Democratic governor, Gretchen Whitmer, is facing backlash for providing rent subsidies to programs for illegal aliens after an illegal border crosser allegedly killed a woman. A previously deported illegal alien, identified as Brandon Ortiz Vito, has been arrested and charged with the murder of 25-year-old Ruby Garcia in Kent County, Michigan. The illegal alien […]
MyPillow evicted from Minnesota warehouse over unpaid rent
A court in Minnesota has ordered MyPillow to vacate its former warehouse. MyPillow founder Mike Lindell, a prominent election denier, said: told the Associated Press That the eviction is a formality because the landlord wants the property back. The Minneapolis warehouse is approximately 125,000 square feet and has been leased to Lindell since December 2015. […]
Mike Lindell’s MyPillow evicted from warehouse over $200K rent
Mike Lindell’s company, My Pillow, was evicted from a Minnesota warehouse for failing to pay at least $200,000 in rent. In the latest blow to the once-thriving venture, the product was pulled from shelves just before January after the CEO attended a White House rally. June 6, 2021 Capitol riot. A judge sided with landlord […]
Fox Didn’t Receive the Ratings They Wanted for ‘Rent’ | THR News
The not-quite-live performance comes in at the low end of the decade’s trend of televised musicals. Subscribe for Daily … source