Economy Dec 15 Is the 30% rule for rent still relevant? Here's what experts think By Hannah Grabenstein
Nation Jun 01 Watch 5:36 Why rents are still higher in much of the U.S. than before the pandemic Rents today are well above what they were before the pandemic. According to a recent Gallup poll, Americans’ second-highest personal finance concern this election year is the cost of housing, behind only inflation. John Yang speaks with Diane Yentel, CEO… By John Yang, Marconja Zor, Kaisha Young
Economy Jul 30 Biggest apartment construction boom in decades likely to bring renters uneven relief When viewed through a wide lens, renters across the U.S. finally appear to be getting some relief, thanks in part to the biggest apartment construction boom in decades. But a closer look shows the trend will likely be little comfort… By Alex Veiga, Associated Press
Nation Jun 24 Watch 5:46 Evictions skyrocket as rising rents squeeze low-income Americans Eviction filing rates are soaring after the pandemic’s renter protection programs expired. One reason is the rising rents and a shortage of affordable housing for those with the lowest incomes. Diane Yentel, CEO and president of the National Low Income… By John Yang, Kaisha Young
Nation Jun 17 Eviction filings soar over 50% above pre-pandemic levels in some cities as rents increase Among the hardest-hit are Houston, where rates were 56 percent higher in April and 50 percent higher in May. In Minneapolis/St. Paul, rates rose 106 percent in March, 55 percent in April and 63 percent in May. By Michael Casey, R.J. Rico, Associated Press
Feb 13 Watch 6:13 White House outlines plan to address nation's soaring rent prices and protect tenants By Laura Barrón-López, Ali Schmitz, Lorna Baldwin, Tess Conciatori, Matt Loffman Intending to address the nation’s soaring rent prices, the Biden administration announced a new effort to protect tenants and make renting more affordable. The plan comes after a year of meetings with industry and tenant advocates. Laura Barrón-López reports. Continue watching
Nov 05 California tenants rise up, demand rent caps and more protections from city councils By Janie Har, Associated Press Tenants across California are taking to ballot boxes and city councils to demand more safeguards against tenant harassment, shoddy living conditions and unresponsive landlords that are usually faceless corporations. Continue reading
Jun 06 Watch 7:56 How 'green gentrification' is pricing out longtime East Boston residents By Paul Solman, Ryan Connelly Holmes The city of Boston faces two enormous problems: Sea level rise in its harbor that is getting worse with climate change and a dearth of affordable housing, pricing out many longtime residents. Solutions to one of the problems may compound… Continue watching
Mar 29 Watch 7:27 American renters hard-hit by pandemic juggle complicated assistance systems, eviction laws By John Yang, Gretchen Frazee, Lynsey Jeffery With 9.5 million Americans, or 17 percent of tenants, in the U.S. still behind on their rent according to the U.S. Census Bureau, the Biden administration on Monday extended a federal moratorium on evictions through the end of June. There… Continue watching
Jan 28 California lawmakers agree to help cover some unpaid rent By Adam Beam, Don Thompson, Associated Press California lawmakers have agreed to use $2.6 billion in federal stimulus money to pay up to 80 percent of some tenants' unpaid rent. But that applies only if landlords agree to forgive the rest of their debt. Continue reading