Page 27 - அடுக்குமாடி இல்லங்கள் பட்டியல் News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Report: Rent prices in Providence rise in March, but still lower than year ago
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Meet the Middle-Aged Millennial: Homeowner, Debt-Burdened and Turning 40
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One year into the pandemic, rents remain expensive in Santa Monica
Mar. 16, 2021 at 6:00 am
While there was widespread speculation of plummeting rents in urban areas during the pandemic, Santa Monica remains an expensive city to rent in.
This is also true for new market rate leases on controlled units, which barely dipped over the last year, according to data from the Rent Control Board. Rent controlled units represent over half of the City’s total rental stock and under Santa Monica’s Rent Control laws, units reset to market rate when a tenant vacates an apartment.
In 2020 median initial rents for newly leased controlled units fell by 2.8 percent for studios and by 1.5 percent for two bedroom units, while they were up by 1 percent for one bedroom units.
Taxachusetts no more?
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March 10, 2021 12:07 pm
Anyone with a mortgage or rent to pay can tell you that the Boston area is very, very expensive. While local rents have taken a perhaps-overdue dive during the pandemic down 16.8 percent in February compared with a year earlier, according to rental website Apartment List the $1,741 it costs to rent a median-priced two-bedroom apartment around Boston was still well above the national average of $1,101 and third-highest among major metro areas. And at $563,700, the median price of an existing single-family home in Greater Boston was nearly double the national average of $299,900 in 2020, according to the National Association of Realtors.