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The state bans price discrimination at parks. Hometown America argues it should be able to charge new residents more than longtime ones.
Rent growth is slower in some places, but much faster in others. We’re looking at you, New York City.
Lawsuits allege that RealPage, a company many large landlords use to price their apartments, uses confidential data in an anti-competitive way.
Asking rents are down 1% nationally, though they’re still rising in some regions.
In Chicago, a lack of affordable housing, unwilling landlords and overstretched nonprofits can make the wait for an apartment a long one.
Tenants are celebrating the falling rents, but record vacancies could eventually upend the market.
In Monday’s Consumer Price Index report, rent prices rose 8.7% year-over-year in May. That sounds like a lot, but here’s why that number isn’t a reliable indicator of where rental prices are headed.
As of 2020, people living alone made up 27% of new households. That trend has been accelerating.
That’s good news if you’re looking to buy in Philadelphia, Detroit, Cleveland or Houston, but what about the rest of us?
Rising mortgage rates have kept would-be buyers renting — straining the supply of available apartments and pushing prices up.