Paris dramatically increased the amount of fines imposed on short term rental units in the first half of 2017.
http://www.france24.com/en/20170811-paris-cracks-down-airbnb-illegal-renters-fines-soar-france
Paris dramatically increased the amount of fines imposed on short term rental units in the first half of 2017.
http://www.france24.com/en/20170811-paris-cracks-down-airbnb-illegal-renters-fines-soar-france
KTVB went house hunting in Boise and found a tight rental market with extremely low vacancy rates, as rent continues to rise.
http://www.ktvb.com/news/local/whats-the-rent-market-like-in-boise-right-now/463568002
Recently-opened 31-story Aurélien apartment tower at the corner of Clark and Chestnut is a 368-unit upper end rental development.
https://chicago.curbed.com/2017/8/10/16114932/aurelien-apartments-chicago-gold-coast
“A campaign, backed by the Hotel Association of New York City Inc. and the union that represents hotel workers, launched a 10-day, 30-second ad that links Airbnb’s short-term rentals to public security threats.”
From Green Street Advisors report
The single-family rental (“SFR”) market comprises ~13% of all occupied housing and ~37% of the
total rental market.
http://www.rentalhomecouncil.org/media/Green-Street-Advisors-Single-Family-Rental-Primer.pdf
“The Atlanta area had the highest concentration of rental homes owned by five of the largest single-family-home companies in June 2017”
Bloomberg news reports home prices have doubled since 2008 causing a shortage of rental units, even for those with excellent credit.
https://www.bloomberg.com/news/features/2017-08-02/renting-an-apartment-toronto-is-a-total-nightmare
Downtown West Palm Beach is set to have 800 new luxury apartments, which some predict will drive rental prices down.
https://therealdeal.com/miami/2017/08/03/west-palm-beach-is-set-for-a-deluge-of-new-apartments-what-will-that-mean-for-the-rental-market/
“The 19J apartments at 19th and J streets will include a couple dozen “micro-units” with rents under $1,000…” designed for young people with modest paychecks
http://www.sacbee.com/news/business/real-estate-news/article164779517.html
Up to 2000 apartments, plus office and retail space are proposed for a failed baseball stadium site in challenged Newark NJ.
https://www.bloomberg.com/news/articles/2017-07-31/newark-to-get-apartments-at-site-of-defunct-baseball-stadiumhttps://www.bloomberg.com/news/articles/2017-07-31/newark-to-get-apartments-at-site-of-defunct-baseball-stadium