Category: Rent Out Property
How Singapore’s New Rental Rules May Benefit Landlords (And Tenants)
4 min read
Sometimes, we need to remember who depends on who, when it comes to foreign workers.
Domestic helpers aside, I’m also talking about foreign workers of the non-Sentosa-Cove variety. From Malaysia, India, Bangladesh, Myanmar, Indonesia, etc., we rely on foreigners for several key positions; be it nursing, or keeping those 24-hour supper spots running. So it’s a good thing for the government does care about the sort of rent they’re paying.
The new occupancy limits, which apply to both private and HDB units, increase the number of unrelated tenants allowed in the same unit. This doesn’t just help
How does rent control work in Ontario, and does it apply to you?
If you’re talking about renting in Ontario, chances are there’s one term that comes up over and over again: rent control.
But what does that actually mean, and how does it work? Perhaps most importantly, does it apply to your apartment?
Here’s what you need to know:
Any apartment, house, condo, basement or mobile home that someone has lived in since before Nov. 15, 2018 is covered by rent control. That doesn’t mean rent can’t go up. It means that rent can be increased once a year and the provincial government decides by how much.
In 2023 and 2024, rent
‘I want my house back’: Washington homeowner lives in van while deadbeat tenant lists house on Airbnb
A Seattle homeowner living out of a van while his deadbeat tenant listed his house on Airbnb will have to wait at least four more months for an eviction hearing due to a severe court backlog.
“I feel like I’m just constantly getting robbed, like every day,” Jason Roth told Fox News. “This is my worst nightmare.”
Jason Roth is living out of his van while he tries to reclaim his house from a tenant who owes tens of thousands in rent and utilities. (Screenshot via KIRO 7 News)
MARIJUANA MOGULS HAD A HALF-BAKED PLAN FOR PORTLAND PROPERTY. SQUATTERS TURNED
Australian Property Market Outlook in 2024 – Forbes Advisor Australia
Powell said this year’s growth cycle was in defiance of the 13 rate hikes enacted over 2022-2023 that brought the official cash rate to 4.35% by year’s end.
“What afterward unraveled over this past year was a reverse of expectations that defied logic—as a shortfall of housing supply collided with rapid population growth, a strained construction sector and the tightest rental market on record—and Australian property prices rose.”
She expects continued growth in house and unit prices into 2024 of between 5% to 7%, but warns of “an intricate dance of economic forces influencing the property price in Australia”. Upward
North West Rental Growth Best in UK at 11% | Property News
The Goodlord Rental Index shows a substantial 7.3% year-on-year rental growth in England during November. As a result, the average rent sits at £1,666 PCM.
Those statistics show the most significant rental growth percentage in the North West, rising 11% compared to last year.
Other notable rental growth regions include the East Midlands, North East, South West, South East and West Midlands – although no other region comes close to the North Westwhere cities like Liverpool and Manchester continue to attract tenants willing to pay premium rents.
Goodlord chief executive William Reeve said: “Whilst month-on-month patterns continue to follow
The Latest CoreLogic’s Rental Market Update
Key takeaways
Nationally rents were up 8.3% in 2023.
Growth in unit rents (10.2%) has outpaced the rise in house rents (7.5%) this year.
We can also see some significant differences across the broad regions of the country.
Rental growth across the combined regional areas of Australia slowed to 4.3% in 2023, the smallest calendar year rise since before the pandemic.
Considering we are yet to see any material response in rental supply, growth in rents is likely to remain above average in 2024.
Nationally, rents were up 8.3% in 2023a reduction from the 9.5% rise recorded last year
How the city became Australia’s most affordable capital in which to rent a house
Hobart has emerged as the most affordable city in which to rent a house – the first time since 2016 the southern capital has been ranked on top.
The median weekly rent for houses in Hobart is $530, a 47 per cent increase from 2016, while the weekly median rent for units is $450, according to the latest Domain Rent Report.
Despite the huge increase in price, recent shifts in the Hobart market, combined with higher demand in other capitals, have led to its top affordability ranking. It is followed by Melbourne and Adelaide, where the weekly median rent
Black couple rented to a Chinese American family when nobody would. Now, they’re donating $5M to the Black community.
In 1939, the Dongs, a Chinese American family in Coronado, California, found themselves unable to rent a house amid racially restrictive housing laws that favored white buyers and renters.
Emma and Gus Thompson, a Black entrepreneurial couple in town, allowed the family to rent and eventually buy their Coronado property when nobody else would. Now, to thank the Thompsons for helping them get a hold in American society, the Dongs are donating $5 million to Black college students using proceeds from the sale of the house.
“It may enable some kids to go and thrive in college that might not