Biden rent control plan blasted by experts, trade groups
The Biden administration's plan to cap rents at 5% nationwide drew condemnation from industry groups and experts who say rent controls are doomed to fail.
Biden unveils plan to cap national rent increases at 5%
President Biden unveiled a proposal that would eliminate major tax breaks for corporate landlords who raise their tenants' rent by more than 5% each year.
Small businesses face new threat: ballooning rents
A new report published by the Bank of America Institute found that a growing number of small business owners are struggling with more expensive rent costs.
The rise of build-to-rent communities: A solution to America's housing crisis?
Some real estate developers are taking advantage of the "high supply, low demand" status of the housing market by meeting the need for affordable homes with build-to-rent communities.
Airbnb renters-turned-squatters refuse to vacate property unless evicted: court docs
An Airbnb host in Durham, North Carolina, allowed guests to enter a multi-month rental agreement, and now they are refusing to leave unless evicted, according to court documents.
Eclipse tourism sends short-term rental occupancy rates soaring
An influx of tourists to areas within or near the path of totality for Monday's solar eclipse have sent short-term rental occupancy rates soaring in big cities and small towns alike.
Rent prices fell slightly overall in January, but rose in some parts of US
The median price of rent fell overall in the U.S. in January, with declines in the West and South. Still, prices climbed in the Midwest as demand for housing drives up costs.
Rents slipped in December but are still way above pre-pandemic levels
U.S. median rents dropped for the eighth month in a row in December, offering some relief for renters who are still contending with high inflation and interest rates.
Bilt Rewards announces $200M equity investment, raising valuation to $3.1 billion
Bilt Rewards on Wednesday announced a $200 million equity investment, which thrusts the company's valuation to $3.1 billion as Ken Chenault and Roger Goodell were added to its board.
Is the American dream dead? Gen Z balking at homeownership to rent luxury apartments
Gen Z Americans are choosing to rent expensive luxury apartments instead of getting a mortgage as some say they have no plans to ever purchase a home.
Washington teen among 6 shot during house party at vacation rental
Deputies in Pierce County, Washington, are looking for suspects in connection with a shooting at a vacation rental during a large house party early Sunday.
Airbnb guests let clogged toilet run 15 hours, then leave pregnant owner on the hook
A pregnant California woman is homeless and hundreds of thousands of dollars in debt after Airbnb guests reportedly flooded her house by clogging a toilet.
Airbnb renter-turned-squatter leaves Los Angeles homeowner tied up in legal red tape: report
The owner of a Brentwood, California, mansion is mired in a legal dispute with an Airbnb renter-turned-squatter who hasn't paid rent in a year and a half.
Airbnb bookings dip in Austin, San Francisco prompting ‘doom loop’ fears
A decline in Airbnb bookings in metropolitan areas including Austin and San Francisco is raising concern about real estate markets in those cities and the potential for a "doom loop."
Expert warns landlords over progressive policies allowing squatters wreak havoc: 'Law is not on your side'
Anchor Realty co-owner Walter Lapidus and market expert Mitch Roschelle explain how rent delinquency fuels squatter occupancies and hurts overall housing affordability.
Airbnb files suit against NYC, challenging short-term rental law
The New York City Mayor's Office of Special Enforcement was hit on Thursday with a lawsuit opposing a short-term rental law from rental platform Airbnb.
Family sues Airbnb after toddler dies of fentanyl overdose in rental
The Lavenir family filed a wrongful death lawsuit against Airbnb, a rental owner, and the prior renter after their 19-month-old daughter died due to fentanyl exposure.
Airbnb puts worries to bed for now
Airbnb is forecasting that daily rates will ‘face increasing downward pressure’ this year. Airbnb is not kept up at night by high inflation and potential recession.
New York rent regulation is upheld by appeals court
The case was filed by a consortium of local landlord groups and individual landlords led by the Community Housing Improvement Program and the Rent Stabilization Association.
Higher rent prices become 'new normal': expert
Rent growth slowed in December again. It even marked the fourth consecutive month of single digit increases. However, prices are still well above what they were a year ago, experts say.