California gubernatorial candidate Eric Swalwell rents a room in a family home to assert his residency in the state, according to a report.
Eric Swalwell, a Republican gubernatorial candidate in California, is reportedly renting a room from a local family near Fresno. One of his Democratic rivals, billionaire Tom Steyer, has suggested that Swalwell might only be claiming residence in California on paper. This allegation surfaced as Steyer pointed out that Swalwell’s residency seems, well, questionable, which could […]
Rents Decrease for Americans Due to ICE Deportations
Data shared by the White House’s “Rapid Response 47” social media account indicates that ICE deportation efforts are contributing to lowering rents for Americans by increasing the number of deportations. “Mass Deportation = Lower Housing Costs for Americans,” a recent tweet read, which pointed out: Fact: In 14 of the 20 largest metropolitan areas with […]
Mass Deportations are Causing Rents to Decrease for Americans
Treasury Secretary’s Comments on Rent and Immigration Treasury Secretary Scott Bessent stated that the mass deportation policies under President Donald Trump have had a role in decreasing rents for American workers and the lower middle class. Last month, apartment rents decreased by 1.1% year-over-year and 5.2% compared to the same time two years ago, which […]
Rents are expected to decrease, but sanctuary cities won’t see this change: Loan agent reports on homes seemingly left behind by undocumented immigrants.
Homes Abandoned by Illegal Immigrants, Says Texas Loan Agency A real estate loan agency in Texas has revealed that some homes are being left behind by illegal immigrants. This situation stems from a mix of deportations and new policies from the Federal Housing Administration (FHA), which have cut down the number of foreign residents—both legal […]
Manhattan rents approach record levels in the month prior to Mamdani’s victory in NYC
Rising Rents in Manhattan Following Mayor’s Election In the lead-up to Zoran Mamdani’s victory in the mayoral election, Manhattan saw rents soar to near record levels. In October, the median rent for new leases reached $4,600, marking a 7.1% increase from the previous year and a 1.1% rise month-over-month, as reported by appraisal firm Miller […]
How RealPage’s algorithms increase rents and pressure US families
Rent Hikes Driven by Algorithms Kevin Weller found himself in a tough spot after signing a lease at Portside Tower in Jersey City, New Jersey, where the rent was already a hefty $4,500 monthly. Living close to Manhattan seemed beneficial at first, but soon became difficult to sustain. When his first lease ended, he was […]
Rents in New York City’s most affluent areas have increased by 60% since the pandemic.
Rent prices in some of New York City’s most affluent neighborhoods have surged over 60% since the pandemic, leaving even six-figure earners grappling with housing costs. Tribeca and Soho experienced the most significant uptick, with rents rising about 60% from 2020 to 2025, as reported in an analysis by Bloomberg, utilizing data from StreetEasy and […]
NYC’s ban on Airbnb did not reduce rents or increase vacancies, according to a report.
New York’s Airbnb Ban: Misguided Promise or Necessary Measure? New legislation restricting Airbnb in New York was touted as a solution to alleviate the housing crisis. However, a recent report suggests that rents have surged, with vacancy rates approaching unprecedented lows. Officials promoted a law dubbed Local Method 18, claiming it would help protect New […]
High rents, empty floors, Tk220cr upfront: How Premier Bank helped enrich the Iqbal family
Premier Bank Scandal Unfolds in Bangladesh While much of the discourse regarding Bangladesh’s banking struggles centers on fictitious loans, a more sophisticated and seemingly legitimate operation tied to Premier Bank has surfaced. This scheme, allegedly orchestrated by HBM Iqbal, the long-time founding chairman of the bank, has reportedly affected millions. A recent investigation by Bangladesh […]
Rents in New York City keep rising to unprecedented levels
Manhattan Rent Prices Surge Rents in Manhattan are escalating to unprecedented levels. The real estate evaluation firm reported that average rents climbed 7% from last year, reaching a record $5,450 in June. This information comes from a collaboration between Miller Samuel and real estate agent Douglas Elliman. Median rents also hit new highs, increasing by […]