Items Tagged with 'rental affordability'

ARTICLES

  • Zillow 2019 forecast: Rising mortgage rates will drive resurgence in rents

    Here's what rents will do in 2019
    Newly released data from the Mortgage Bankers Association shows that 30-year mortgage rates are now firmly above 5%, and according to real estate giant Zillow, things are likely to stay that way in 2019. And that's good news for landlords, who will see increased demand for rentals as some people are priced out of home buying by higher interest rates.
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  • Rent just hit an all-time high… again

    Rents just keep on climbing
    With more and more renters feeling the affordability crunch, there seemed to be some light on the horizon recently with the steady rise in rents appearing to finally slow down over the last few months. Nevermind. As it turns out, rents are still going up and just hit an all-time high, again.
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  • Senate Democrats unveil sweeping rent reform proposal

    Dems introduce act that could bring tax relief to renters
    Increasing rent prices leave many American families struggling to afford housing, but Senate Democrats have introduced new legislation to help alleviate that stress. The Rent Relief Act will award a refundable tax credit to renters that pay more than 30% of their gross income on rent, including utilities.
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  • New bill could bring tax relief to renters struggling with affordability

    Bill from New York’s Joseph Crowley seeks to provide relief to “rent-burdened”
    A new bill introduced Monday by Rep. Joseph Crowley, D-New York, could bring relief to renters who find themselves struggling to afford their rent. Crowley’s bill, entitled “The Rent Relief Act,” would offer refundable tax credits to people who live in rental housing. Here are more details about the bill.
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  • Housing thinktank proposes bold renter tax credit

    Seeks to provide relief to cost-burdened renters
    The Terner Center for Housing Innovation released a proposal that would give tax credits to low-income renters. The proposal lays out three different structures for the new credit, and details the cost for implementation.
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