#rental-markets

#rental-markets

"This is the largest fine ever imposed on a landlord. It is a huge victory, especially as this is a professional landlord with eleven properties, which is typical of companies that rent out properties en masse."

The proposed 'pied-à-terre tax' will allow New York City to levy a yearly surcharge on luxury second homes valued at $5 million or more, targeting wealthy out-of-towners.

Good urbanism should transcend politics. Socialists and capitalists can walk the same neighborhood and agree it's a pleasant place to live. They can each appreciate the tree canopy, the corner café with people spilling onto the sidewalk, the mix of ages on bikes and on foot, the architectural details of older buildings, and so on.

The cost rose a lot following the pandemic. And some of that was supply chain issues that really increased the costs, and then they didn't quite come back down. And now tariffs are also impacting some products. These costs are part of the reason the amount of new rental housing stock is shrinking.

Rising utility costs continue to be a pain for the average U.S. renter. Energy-efficient rental features that help lower these costs like LED lighting, good insulation, and smart thermostats are becoming a baseline for renters.