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The horrors never cease.
Inside Housing, news, analysis, and comment about the social housing sector in the UK.
NEW YORK CITY: The New High-Rent Districts
Pricey New York City neighborhoods have seen some of the lowest rent increases since 2010, while recently gentrified areas have had the biggest ones.
Boosted by strong economic growth, rents have increased across New York City since the end of the 2008 financial crisis — but they have done so unequally.
Rents in New York City have increased 31 percent since 2010, according to the StreetEasy Rent Index. Some neighborhoods saw rents rise as little as 15 percent, while rents in others rose as much as 45 percent.
Most expensive neighborhoods have seen lower increases. Rents in neighborhoods with a median household income below New York City’s 2010 median grew 6 percent more than rents in areas with a household income above the citywide median.
Lower and middle-priced neighborhoods have seen the highest increases. Rents in neighborhoods where at least a quarter of residents are families with children grew 5 percent faster than rents in neighborhoods in which less than a quarter of residents have children.
SOURCE: Easy Street Real Estate, Uneven Burdens: How Rising Rents Impact Families and Low-Income New Yorkers, 2018;
Protest march against the unscrupulous real estate “sharks” in Berlin and the insane and uncontrolled increase in flat rents - 14 April 2018 - Part 2/2 (10 Photos)
• Berlin Mitte | Kreuzberg | Schöneberg
As Bay Area residents and others flock to Sacramento to escape the housing crisis, low-income renters in the capital find themselves on shaky ground. In its first-ever analysis of gentrification in the city, UC Berkeley’s Urban Displacement Project found that an astonishing 95,000 low-income households live in Sacramento neighborhoods that “are already undergoing or are at risk of becoming hotbeds of displacement.
The residents of 33 King St., near Weston Road, are withholding rent from their corporate landlord Dream Unlimited, demanding the company co
Taxes Too High?
Learn the Solutions at: www.PropertyTaxThinkTank.org