Million Dollar Scam: Rental Fraud Costs 5.2 Million U.S. Renters
Rental fraud is an unfortunate yet common experience for many renters. An estimated 43.1 percent of renters have encountered a listing they suspected was fraudulent,…
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Where do renters get the most for their money?
When searching for a place to call home, most renters start by figuring out a comfortable price range to consider. Although the importance of staying within…
Rental Affordability Crisis: Where Is Cost Burden Worst?
In 2016, the share of cost-burdened renters, or those spending 30 percent or more of their income on rent, reached the lowest level since 2008….
Prime Markup: How Much Would Amazon HQ2 Drive Up Rents?
With as many as 100 cities bidding for the Amazon HQ2, Apartment List delved into the data to analyze the impact of the new Amazon headquarters, or “HQ2”, on the housing market. We analyzed the rental markets in 15 metros contending for the “HQ2” and predict rents will rise up to an additional 2 percent per year. The metros most impacted by the influx of Amazon workers are smaller metros with low median wages or metros where building new homes is difficult.
Imbalance in Housing Aid: Mortgage Interest Deduction vs. Section 8
With the tax reform debate now fully underway, Apartment List examined the popular mortgage interest deduction (MID) and compared federal expenditure on the MID to spending on Section 8 rental assistance programs. In 2015, federal expenditure on the MID was more than double the funding for Section 8. Additionally, the MID is a highly regressive benefit, with 85 percent of expenditure going to high-income households.