Biden to Call for 5 Percent Cap on Annual Rent Increases
President Joe Biden is ready to propose a 5 percent cap on annual rent increases for tenants of major landlords as he tries to show he’s doing something about the high cost of housing.
What Motivates Boston Renters to Explore New Communities
New survey data will help you understand your renters and earn their trust in a way that can build long-term tenant relationships.
How Much Does NIMBYism Cost? Industry Group Claims Answer
A new report from the National Multifamily Housing Council hints at the costs created by the kind of strident local opposition that’s bedeviled new apartment and condominium projects across Massachusetts.
Real Estate, Banking Industries Respond to Capitol Siege
Major figures in the banking and commercial and residential real estate industries roundly condemned Wednesday’s attack on the U.S. Capitol Building by supporters of President Donald Trump aimed at halting Congress’ ceremonial affirmation of the 2020 election results.
Failure to Protect Renters Will Imperil Entire Economy
As we approach winter, we are living through an alarming spike of coronavirus cases, and while a vaccine has been approved in record time, it will likely take several months to reach all Americans.
August Rent Payments Return to July Levels
After initially showing weakness as the month began, the National Multifamily Housing Council’s rent payment statistics show most renters are continuing to make either full or partial payments to their landlords this month.
Nation-Wide Rental Collections Increase Over April
A major survey of rental payments across America’s market-rate multifamily landlords shows more apartment tenants made full or partial rent payments as of May 13 than at the same time in April
Late Rent Payments Prompt Landlords’ Call for Direct Gov’t. Aid
Only 80.2 percent of U.S. apartment-dwellers had paid their May rent as of May 6, prompting a landlord group to renew its appeal for a $100 billion federal direct renter assistance program.
Survey: Most Multifamily Projects Falling Behind Schedule
A majority of multifamily developers report construction projects have fallen behind schedule because of disruption caused by the COVID-19 pandemic, according to an industry survey.
April Apartment Rent Payments Increase in Past Week
April apartment rent payments have increased to 84 percent of renter households through April 12, as the multifamily industry monitors the financial strain caused by the COVID-19 pandemic.
As Rent Payments Dip, Apartment Landlords Seek Assistance Fund
Two national organizations that represent apartment landlords are asking lawmakers for a new stimulus package aimed directly at households struggling to pay the rent because of the economic effects of the COVID-19 epidemic.
National Landlord Trade Group Recommends 90-Day Eviction Halt
A trade group representing the country’s multifamily landlords said yesterday all managers and owners of apartments should consider halting evictions of any tenant out of work or with reduced income thanks to the coronavirus pandemic.
