Hearings on ‘rental scams’ targeting ‘exploitative’ NYC landlords will occur within Mamdani’s first 100 days in office.
Mayor Announces “Rental Rip-Off” Hearings in NYC Mayor Zoran Mamdani has declared that the city will organize a series of hearings focused on “rental rip-offs,” aimed at addressing tenant issues across the five boroughs. This initiative is set to confront “unconscionable” business practices in the upcoming months. Within his first 100 days in office, Mamdani […]
Office rental prices in Manhattan skyscrapers are expected to soar by 2026.
Soaring Office Rents in Manhattan Office rental prices in Manhattan are soaring, with a record 313 leases kicking off at $100 per square foot in 2025. Some in the industry believe that rents could reach as high as $250, although they caution there’s a risk the market might cool off. According to JLL’s recent analysis, […]
Report Reveals Billions in Rental Aid Went to Deceased Tenants
A recent report from the U.S. Department of Housing and Urban Development (HUD) revealed that billions in rental assistance funds were allocated to tenants who had passed away. About 30,000 deceased individuals, along with many others who might not be citizens, received rental aid. This information comes from HUD’s Fiscal Year 2025 “Authority Financial Report.” […]
HUD discovers billions in potentially improper rental aid payments to renters
HUD Report Uncovers Billions in Questionable Rental Assistance Payments A recent report from the U.S. Department of Housing and Urban Development (HUD) has highlighted that a significant amount of taxpayer money was allocated to “questionable” recipients of rental assistance during former President Joe Biden’s administration. According to HUD’s Agency Financial Report for fiscal year 2025, […]
HUD allocated $5 billion in questionable rental aid under Biden, including payments to deceased tenants
Report Reveals Billions in Questionable Rental Assistance Payments A recent report from the U.S. Department of Housing and Urban Development (HUD) highlighted that over $5 billion in taxpayer funds were allocated to “suspicious” rental assistance recipients during the last year of the Biden administration. This includes approximately 30,000 payments made to individuals identified as “deceased […]
Americans unable to afford housing as foreigners increase: Report criticizes Biden for rise in rental prices
Housing Prices Linked to Immigration, According to HUD The Department of Housing and Urban Development (HUD), under the Trump administration, attributes the rise in housing and rental costs to increased immigration during the Biden administration. In a report titled “Worst-case housing needs: 2025 report to Congress,” HUD offered an analysis of problems facing low-income renters. […]
Travelers in Costa Rica warned about break-ins in rental properties and armed robberies
U.S. Embassy Issues Warning for Costa Rica The U.S. Embassy in San Jose has raised an alert regarding safety concerns in Costa Rica. This warning, released on November 25, details a rise in property crimes, financial fraud, and robberies. Reported incidents include break-ins and armed robberies at various rental properties, including Airbnbs. In fact, the […]
RealPage, facing allegations of rental price manipulation, reaches settlement with authorities
RealPage Settles Dispute with Justice Department A real estate platform previously accused of being part of a “housing cartel” has come to an agreement with the Department of Justice after a lengthy legal battle spanning over a year and a half. This settlement restricts certain features of the app that many renters have found to […]
DOJ reaches settlement in case against RealPage for allowing landlords to cooperate on high rental prices
Department of Justice Settles Lawsuit Against RealPage The Department of Justice has reached a settlement with RealPage, a tech company focused on real estate, following significant accusations that it created an algorithm that enabled landlords to collude and increase rents unlawfully, according to recent reports. The settlement was disclosed in a federal court in North […]
Steer clear of these 9 car rental scams
Understanding Car Rentals: Avoiding Hidden Costs Renting a car should really be straightforward. You book it, you drive it, and then return it when your trip is over. Simple, right? Well, for millions of travelers each year, this seemingly simple process often morphs into considerable frustration and unexpected expenses. In 2024, U.S. rental car companies […]