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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...
Report: 3 in 5 Gen Zers are Rent Burdened

Report: 3 in 5 Gen Zers are Rent Burdened

by Phil Hall | Oct 22, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Nearly half of all renter households are burdened by rent costs, with Gen Z renters carrying the greatest burden, according to a data analysis report by Zillow (NASDAQ: Z, ZG) and its StreetEasy brand. The new data analysis, which is based on the US Census...

Canada Invests Nearly $71 Million into 207 Rental Units in Montreal

by Phil Hall | Oct 16, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Canadian government is investing nearly $71 million for the construction of 207 purpose-built rental units in Montreal. Funding for this endeavor will be provided as fully repayable, low-interest loans through the Apartment Construction Loan Program (ACLP), which...
Hankin Group Debuts First Phius ZERO Multifamily Community in Pennsylvania

Hankin Group Debuts First Phius ZERO Multifamily Community in Pennsylvania

by Phil Hall | Oct 16, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Hankin Group, a vertically integrated real estate company, announced the opening of Hamilton Passive House, promoting the property as Pennsylvania’s first Phius ZERO apartment community and one of the nation’s first Phius ZERO communities that is 100% market...
Morguard Breaks Ground on Rental Community in Mississauga

Morguard Breaks Ground on Rental Community in Mississauga

by Phil Hall | Oct 11, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The real estate and property management company Morguard Corporation (TSX: MRC) has begun construction of as new purpose-built rental community in the Port Credit section of Mississauga, Ontario. The new development will encompass one nine-story and two eight-story...
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