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Rents Hit 'insane' levels across US, Las Vegas
Big Spike
In the 50 largest U.S metro areas, media rent rose an astounding 103% from December 2020, to December 2021, according to a Realtor.com analysis of properties with two or fewer bedrooms and nowhere was the jump bigger than in the Miami metro area, where the media rent exploded to $2,850, 48.8% higher than the previous year.
Tough Market
Experts say many factors are responsible for astronomical rents, including a nationwide housing shortage, extremely low rental vacancies and unrelenting demand as young adults continue to enter the crowded market.
Rent control laws
Most investors aren't tied down by rent control. Only two states, California and Oregon, have statewide rent control laws while three others - New York, New Jersey and Maryland - have laws allowing local governments to pass rent control ordinances, according to the National Multifamily housing council
We featured video from Jason Pantana talking about some helpful tips on how get your google business profile discovered more frequently with paid google ads. He gave us a step-by-step guide on how to navigate the google business ads!
Join us as we talk about effective tips on google business ads!
Watch the video and find out more!
Rents Hit 'insane' levels across US, Las Vegas
Big Spike
In the 50 largest U.S metro areas, media rent rose an astounding 103% from December 2020, to December 2021, according to a Realtor.com analysis of properties with two or fewer bedrooms and nowhere was the jump bigger than in the Miami metro area, where the media rent exploded to $2,850, 48.8% higher than the previous year.
Tough Market
Experts say many factors are responsible for astronomical rents, including a nationwide housing shortage, extremely low rental vacancies and unrelenting demand as young adults continue to enter the crowded market.
Rent control laws
Most investors aren't tied down by rent control. Only two states, California and Oregon, have statewide rent control laws while three others - New York, New Jersey and Maryland - have laws allowing local governments to pass rent control ordinances, according to the National Multifamily housing council
We featured video from Jason Pantana talking about some helpful tips on how get your google business profile discovered more frequently with paid google ads. He gave us a step-by-step guide on how to navigate the google business ads!
Join us as we talk about effective tips on google business ads!
Watch the video and find out more!