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“The rent is too damn high, and this is one of the reasons why,” Attorney General Merrick Garland told reporters.

High Rent Prices Result Of Real Estate Agency Colluding With Landlords: DOJ

Colorado State

Tennessee State

Axios

The Department of Justice on Friday filed an antitrust lawsuit against RealPage, a property management software company, for an alleged "unlawful scheme" to reduce competition in the apartment rental market and secure a monopoly for itself. Why it matters: RealPage uses a trove of data to help some of the...

U.S. accuses RealPage of helping landlords collude to raise rents

California State

SAN FRANCISCO (CN) — A settlement resolving claims that two gas firms engaged in a scheme to artificially inflate the prices of gasoline in California is now one step closer to official approval. On Friday afternoon, U.S. District Judge Jacqueline Scott Corley, a Joe Biden appointee, gave her preliminary...

Judge grants preliminary approval for $13.9 million settlement in California gas price-fixing scheme

Join us at BAM Mania October 17-18 for actionable insights from industry legends, proven strategies for marketing that puts people before algorithms, and addictive entertainment from the funniest people in real estate. Vegas will never be the same. Sign up now before the ticket price goes up. BAM Key Details:

DOJ Sues RealPage for Alleged Rent Price Fixing

Landlords who have missed the deadline to apply for a new mandatory licence can still apply but will not be able to rent out their properties until they do so. The Rented Dwelling Licensing Scheme legally requires landlords to hold a licence for each home they rent out in Jersey.

Landlords unable to rent out homes without licence

A third of private sector landlords in England and Wales would consider selling their rental properties if rent controls were introduced, according to new research involving members of the National Residential Landlords Association (NRLA). The study, conducted by research consultancy Pegasus Insight, also revealed that 82% of landlords reported strong...

Rent controls will force landlords to sell – study

Fox Business

Vice President Kamala Harris says she wants to provide $25,000 in down payment assistance to first-time homebuyers, but critics say the plan would only make housing issues worse.

Harris proposes $25,000 down payment assistance for first-time homebuyers — is it a good idea?

Business Insider

Many housing experts, including Redfin chief economist Daryl Fairweather, say the nation's inadequate housing supply is the real culprit.

JD Vance said migrants are the reason it's so expensive to rent or buy homes. He's wrong.

Over 34% of young Americans say they can’t save enough for a down payment to buy a home. Additionally, 29% believe high mortgage rates have worsened this situation. However, this doesn’t mean you can’t become a homeowner. Down Payment Assistance (DPA) programs can help. These programs cover...

Down Payment Assistance: Get Your Down Payment Covered for Free!

Are you an owner, or perhaps a manager, of an apartment rental business? Then you know that the success of your business relies heavily on satisfying your tenants and maintaining a profitable operation. But with all the day-to-day tasks of running your business, keeping up with property management may not always be at the forefront of your mind.

Why Property Management is Essential for Apartment Rental Businesses

Editor's Note: This story originally appeared on Point2. Whether you want to rent a house for the first time or you’re a seasoned pro, understanding your rental agreement is essential. But, to make it more confusing, there are several different types of rental agreements to be aware of too.

Your Complete Guide to Rental Agreements

Chicago, IL

Raleigh, NC

Today marks day one of the Democratic National Convention (DNC) in Chicago. Ahead of the Chicago DNC, Democrat hopeful Kamala Harris announced a new federal program that would help first-time homebuyers. In Raleigh, North Carolina, on August 16, Harris rolled out a four year plan to tackle the country’s housing...

Kamala Harris announces plan to build 3 million new homes and assist first-generation homebuyers

Hotels are emerging as a lifeline to some in a market in which the cost of renting a home has reached record highs, far outside the budget of many. In an essay for Business Insider, Suzanne Hayes describes the challenges she faced when she was notified that her landlord was selling the house she and her two children rented, forcing her to look for a new home.

Long-Term Hotel Rentals A Lifeline In A Runaway Rent Market

NBC News

WASHINGTON — Vice President Harris’ campaign on Thursday will roll out some of her housing policy proposals, including her support for efforts aimed at lowering the cost of rent and helping renters who are struggling financially, according to details obtained by NBC News from a campaign official. Harris...

Harris to endorse protections for renters and removal of key tax benefits for Wall St. investors buying homes

GOBankingRates

Potential homebuyers have been waiting for the frozen housing market to thaw since 2022, when high mortgage rates kept homeowners from selling for fear of not being able to get those same low rates...

The Housing Floodgates May Open by 2025 — How To Prepare To Buy a Home

New Jersey State

Upworthy

Public discourse about minimum wage and living wages has been ongoing for years, with people debating whether the government should mandate a minimum hourly pay for workers.  President Franklin D. Roosevelt signed the first federal minimum wage law in 1938, setting the lowest wage a worker could be paid at 25 cents per hour. Nearly a century later, the federal minimum wage is $7.25/hr, holding steady since 2009, with people lobbying to raise it to at least $15/hr for over a decade. However, in addition to federal law, each state has its own laws, a handful of which establish a state minimum wage higher than $15, a handful of which don't have a set minimum wage at all and everything in between.Cost of living has also been a hot topic as inflation has squeezed everyone's wallets and certain cities and states have become utterly unaffordable, especially for people in low-wage jobs or who who are just starting out in their careers. So how do minimum wage and cost of living correlate state-by-state? Are there any sweet spots with a high(er) minimum wage and low(er) cost of living? 

6 states where the minimum wage and cost of living offer the best bang for your buck

MarketRealist

The minimum wage today is not enough for workers to make rent.

Realtor brilliantly explains the differences between today’s salaries and housing compared to 1980s

More and more landlords are adding perks or "sweeteners" to their rental listings to attract more prospective tenants as the markets slow down.

Landlords offering 'sweeteners' like free parking as rental market slows: report

Virginia State

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Kentucky Vibes.net

Disclaimer: This article was written with the help of A.I. software. On July 28, 2024, a TikTok video posted by Erica W., known as @tasteofmelanin on the platform, garnered significant attention after she exposed disturbing racist decorations in an Airbnb rental. The incident occurred in a rental property that Erica had booked, although the exact location remains unspecified. The video has since gone viral, prompting widespread concern and leading to the removal of the listing from Airbnb's platform.

Airbnb Listing Taken Down After Black Woman Finds Hanging Monkeys and Cotton Used As Decor

Riverside County, CA

Desert Hot Springs, CA

(CN) — A developmentally delayed man who spent more than three years in jail while awaiting trial for a murder he didn't commit lost his bid to sue Riverside County and three former prosecutors on Friday, after a federal judge ruled the prosecutors are entitled to "absolute immunity." Roger...

Wrongly jailed man’s suit against Riverside County prosecutors tossed

NewsBreak

Feds accuse RealPage of price-fixing rent

RALEIGH, N.C. (CN) — The Justice Department on Friday sued RealPage, a company that provides pricing software to apartments, arguing its software is depriving renters of...

Feds accuse RealPage of price-fixing rent

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