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Rent Control 101: Understanding the Basics

American Apartment Owners Association

In 2019, both California and Oregon signed statewide rent control laws. Many more rental units are affected by this program and are what most people think of when they consider New York City rent-controlled housing. As of 2019, only Oregon and California have passed statewide rent control laws.

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2024 Annual Rental Housing Report Key Takeaways

Rental Choice

Moreover, there has been a dwindling supply of low-cost rental units. Yes, many new apartments may become available according to the 2024 rental market predictions. million affordable units since 2012. Over half a million low-rent apartment units were lost between 2019 and 2022. has lost 2.1

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Extend the Life of Appliances in Your Rental Property

Real Property Management California Coast

Implementing routine maintenance, educating tenants, and contemplating upgrades are some of these approaches. Regular Maintenance Practices Scheduled Inspections and Cleaning: A key component of an appliance’s lifespan is routine maintenance. To identify problems early, schedule routine inspections.

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Extend the Life of Appliances in Your Rental Property

Real Property Management DC Metro

These tactics consist of doing routine maintenance, educating tenants, and thinking about improvements. Regular Maintenance Practices Scheduled Inspections and Cleaning: Appliance longevity is largely dependent on routine inspections. Educating Tenants It is fundamental to educate tenants on appliance maintenance.

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Population Growth and Housing Costs

Florida Property Management

million according to the 2020 census, Florida is the most populous state in the Southeastern United States, and the second-most populous state in the South behind Texas. are rental units. Landlords see maintenance and repair costs increase, property taxes and operating costs, forcing rents to go higher.