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Connecticut Considers Statewide Landlord Register, Rent Caps When Properties Change Hands

Connecticut Considers Statewide Landlord Register, Rent Caps When Properties Change Hands

by Phil Hall | Jan 27, 2025 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A Connecticut lawmaker is considering introducing legislation that would create a registry for many residential landlords and a temporary rent cap when multifamily properties change ownership. CTInsider.com reports State Rep. Antonio Felipe (D-Bridgeport), the...
New Survey Finds 4 Out of 5 Respondents Support Rent Caps

New Survey Finds 4 Out of 5 Respondents Support Rent Caps

by Phil Hall | Oct 24, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Biden-Harris proposal for rent caps seems to be resonating, as a new survey from Redfin (NASDAQ:RDFN) found nearly four of every five respondents agreeing there should be caps on the amount landlords are allowed to increase rent. The survey was conducted by Ipsos...
Trump Offers Solution to Homeownership Affordability Challenges: ‘Vote for Trump’

Trump Offers Solution to Homeownership Affordability Challenges: ‘Vote for Trump’

by Phil Hall | Jul 31, 2024 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Former President Donald Trump made a rare acknowledgment of the challenges to homeownership affordability but offered no specific strategies to addressing the matter except to seek voter support. In an interview on Fox News’ “The Ingraham Angle,” host Laura Ingraham...
Biden to Change Rent Increase Cap on Some Affordable Housing Units

Biden to Change Rent Increase Cap on Some Affordable Housing Units

by Phil Hall | Mar 29, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Biden administration is planning to change the cap on how much rents can go up in some federally subsidized affordable housing complexes. The Washington Post, citing unnamed “senior administration officials,” reported the yearly rent increases in properties that...

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