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Opinion: Many mission-based landlords are at a breaking point

Housing Wire

Add to that constrained public resources (from lower property tax collections on struggling office buildings ) and competing priorities, and housing owners are struggling to maintain properties, make payroll and remain in business. Most importantly, mission-based landlords are committed to keep residents housed.

Landlords 430
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Biden to propose national rent hike cap of 5%

Housing Wire

The proposal will rescind unspecified tax breaks to landlords who raise rents by more than 5%, although it would only apply to landlords who own more than 50 rental units. Landlords can receive a number of federal tax deductions.

Landlords 476
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Renters Seek Ways to Overcome Homeownership Hurdles 

Appraisal Buzz

Among this group, 51% said it because they did not want to be responsible for maintenance or repair costs, while 44% felt it was more affordable, while 37% said they didn’t want to be responsible for property taxes. Among renters, the top dislikes listed were unexpected rent increases (30%) and dealing with landlords (21%). !function(e,n,i,s){var

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Taking the leap: The benefits of buying vs. renting a home

Housing Wire

By the time the first week of the month arrives, you’ve sent off that rent payment to your landlord. Unlike renting, where you’re consistently paying out money to a landlord, a purchased home offers the prospect of building wealth since it may appreciate in value over time. These costs may also fluctuate over time.).

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Chicago landlord, business groups sue to block transfer tax hike

Inman

Voters are set to decide whether to increase the tax paid on real estate sales above $1M. Landlords and business groups say referendum violates the state constitution.

Landlords 176
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Proptech Parcl offers real estate investing without liquidity

Housing Wire

The price index reflects eight different data points, including listing transactions, satellite imagery and property tax records, according to Trevor Bacon, co-founder of Parcl. The platform gives users exposure to markets and allows the blockchain to trade. “We’re not touching the physical asset.

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Investors bought one in six homes sold in Q2 2024: Redfin

Housing Wire

But multifamily construction starts have slowed , which is good news for landlords looking to increase rents. Even though rents are high here, the insurance rates and property taxes are also high, making it difficult for the numbers to make sense for investors,” Bob Benson, a Redfin Premier agent in Fort Lauderdale, said in the report.

Investors 468