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Keyword: rent

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  • Austinites must work 64 hours to pay a month’s rent

    02/13/2018 12:29:27 PM PST · by bgill · 50 replies
    kxan ^ | Feb. 13, 2018 | Kate Winkle
    With an average hourly wage of $18.64 (with taxes accounted for) and the median price of rent at $1,194 in Austin, SmartAsset calculated it would take about 64 hours for those living in Austin to make enough to cover their housing bills. Obviously, if people make more or less or if rent is less or greater, then those numbers shift. To calculate yours, take your monthly rent and divide it by how much you make an hour, after tax and deductions. San Jose, California, is the big city with the most hours of work needed to pay off rent, with...
  • America’s 2017 Rental Market in Review: Despite Renter Population Decrease, Prices Jumped 2.4%

    01/04/2018 1:24:18 PM PST · by SeekAndFind · 6 replies
    ABODO ^ | 01/04/2018 | Sam Rabdil
    Politically, culturally, and ecologically, 2017 was a year of anxiety. Hurricanes and flooding ravaged the Virgin Islands, Puerto Rico, and Texas. Political controversies dominated headlines and push-notifications. Relations with North Korea reached their lowest point in decades, raising fears of a nuclear standoff. Economically, though, things remained stable in 2017. The economy continued to recover from the market crash of 2008, with unemployment reaching its lowest point in 17 years. Although homeownership is rebounding from its nadir last decade, renting now far outpaces ownership. According to a new report by the Joint Center for Housing Studies of Harvard University, renting...
  • Can't afford an apartment in Los Angeles? Rent an RV

    12/04/2017 1:59:29 PM PST · by jeannineinsd · 49 replies
    KPCC ^ | 11/27/17 | Rina Palta
    Rob looked around for something workable. A few dozen RV’s sat in the police impound lot, packed in so tight he had to slide sideways between vehicles to peer in the windows and check the undersides. “A lot of junk,” he said. “Though somebody would probably love this junk.” After all, it’s clear someone was living in each of these RV’s before it was towed. Clothes, blankets, and trinkets were scattered on the floors. “I found one with the fridge still cold, there was food in it,” Rob said. As homelessness has risen in Los Angeles, there are more and...
  • Broadway Casting Director Fired for Sexual Misconduct

    11/30/2017 7:32:55 PM PST · by EdnaMode · 10 replies
    Variety ^ | November 30, 2017 | Gordon Cox
    Justin Huff, a casting director who has been involved in Broadway shows including 2013 Tony champ “Kinky Boots,” has been fired from his position at prominent casting agency Telsey + Company over internal reports of sexual misconduct. “He was let go last week,” Bernard Telsey, the founder of Telsey + Company, told Variety. “I was given reports of inappropriate behavior which I took very seriously, and once I was able to get some information, it was very clear he had to leave this office.” Huff, who was a senior staff member at Telsey’s company, did not respond to requests for...
  • Dallas Ranked No. 1 Place To Buy Rental Property In Business Insider Study

    10/25/2017 10:20:09 AM PDT · by 2ndDivisionVet · 3 replies
    Patch ^ | October 23, 2017 | Payton Potter
    From American Real Estate Investments: Business Insider ranked Dallas as the best place to buy a rental property. In cooperation with HomeUnion, Business Insider examined everything from the projected positive cash flow to the local economies to a detailed analysis of the local real estate market. The conclusion? Dallas is number one. Investing in a rental property is distinctly different than owning a home or doing a fix and flip. Rental properties are a long-term investment. They need specific market conditions that minimize the risk of vacancy and maximize cash flow and appreciation. Business Insider and HomeUnion found that the...
  • Palace Bar to Close its Iconic South Beach Location [Homosexual Club in Miami]

    07/04/2017 7:05:21 AM PDT · by SoFloFreeper · 37 replies
    NBC MIAMI ^ | 7/3/17 | Jamie Guirola
    The intersection of 12th and Ocean has been the cornerstone of the LGBT community for almost thirty years, but that is about to change. Queens at The Palace Bar have been stunning tourists, stopping traffic and serving locals for quite some time. But those doors are closing for good. “It’s so sad because we are a family here, we are a team, and all of us make this place what it is today,” said T.P. Lords, one of the performers.
  • Rents Deflate in the Hottest US Cities, Soar in Cheaper Cities

    06/02/2017 4:13:30 PM PDT · by Lorianne · 17 replies
    Wolf Street ^ | 01 June 2017 | Wolf Richter
    Honolulu rents plunge 19%. Landlords scramble. In the still ludicrously expensive rental market of San Francisco, the median asking rent for a one-bedroom apartment dropped 6.1% in May from a year ago to $3,370 and is down 8.2% from the peak in October 2015. For a two-bedroom, the median asking rent dropped 6.3% year-over-year to $4,500 and is down 10% from the peak in October 2015. Reality creeps into rental la-la land. The last episode of year-over-year rent declines in San Francisco ended in April 2010. So this is a rare occurrence. Last time, the declines started well into the...
  • Los Angeles homeless numbers jump 23% in a year

    05/31/2017 6:13:44 PM PDT · by Ennis85 · 41 replies
    BBC News ^ | 1st June 2017 | BBC News
    The number of people homeless in the US city of Los Angeles has soared in the past year, a new report shows, despite efforts to combat the problem. The homeless population in the city grew 20% while the numbers for the wider Los Angeles County were even higher at 23%, the figures revealed. Experts say soaring rents and a high cost of living are major factors. Los Angeles County Supervisor Janice Hahn described the figures as "staggering". "Homelessness in LA County has grown at a shocking rate," she said in a statement. "Even as work is being done to get...
  • FBI Gives Hollywood Hacking Victims Surprising Advice: "Pay the Ransom"

    05/12/2017 1:20:02 PM PDT · by Red Badger · 5 replies
    www.hollywoodreporter.com ^ | 6:30 AM PDT 5/12/2017 | by Tatiana Siegel
    Netflix isn't alone: Agencies and others are balancing demands for money against the fears of stolen data ending up online. Phones are the lifeblood of a talent agency like UTA, but on April 11, its IT department discovered an intruder lurking in the voicemail system and computer network and quickly decided to shut them down, sending agents to conduct business on their iPads. Soon thereafter a demand from a hacker arrived: Pay a ransom or watch the agency's most confidential data get posted online. It turns out UTA was lucky — an outside cybersecurity firm was brought in and, after...
  • High rent may doom Catholic chapel that survived 9/11

    04/29/2017 6:33:44 AM PDT · by Olog-hai · 9 replies
    Associated Press ^ | Apr 29, 2017 8:53 AM EDT | Karen Matthews
    Parishioners at a New York City chapel that sheltered 9/11 first responders are praying for a miracle to save it from falling victim itself to the prosperity of its resurgent neighborhood. St. Joseph’s Chapel is living on archdiocese subsidies after the rent for the relatively small space tripled in 2014 to $264,000 a year. “If it should disappear and become a Gap or something — nothing against Gap, but it’s really not OK,” said Justine Cuccia, 55, a leader of the effort to save the tiny Roman Catholic chapel, part of the oldest Catholic parish in the state. St. Joseph’s...
  • A UC-Berkeley Professor Couldn’t Evict Her Tenant Because of California’s Insane Rent Laws

    01/04/2017 2:09:33 PM PST · by SeekAndFind · 30 replies
    Reason ^ | 01/03/2017 | Robby Soave
    Mother Jones writes, "It's not easy to evict someone in California… Generally that's a good thing." But many people who read the article in which this claim appears may reach a different conclusion.Elizabeth Abel, an English professor at the University of California-Berkeley, rented her two-bedroom home to David Peritz, who teaches at Sarah Lawrence College. Abel didn't bother to ask for references or do much research on her prospective tenant, according to Mother Jones: the fact that he was an academic was essentially good enough for her.Her trust was misplaced. Peritz failed to pay rent on time, and it...
  • The New York Times to vacate and rent out eight floors in their midtown office building.

    12/16/2016 7:48:22 AM PST · by Enlightened1 · 68 replies
    Twitter ^ | 12/16/16 | Alex WePrin
    The New York Times to vacate and rent out eight floors in their midtown office building. Will consolidate staff on redesigned floors.https://twitter.com/alexweprin/status/809784548317925376  
  • Rent Prices Down in San Francisco, San Jose

    09/27/2016 6:25:08 PM PDT · by nickcarraway · 17 replies
    KTVU ^ | SEP 26 2016
    A new report out shows rent prices are falling in several Bay Area cities. The trend for rent prices has been up for such a long time but in San Francisco, rent came down by 6 percent last month. Abodo, an apartment search website, released a new study showing where the biggest increases and decreases were in rents for one bedroom apartments across the country. >>>Click here to see the report. Rent in San Francisco between August to September went from around $3,950 a month to around $3,700. In San Jose, the news was better. It ranked number two in...
  • Here's How Much You Need to Make to Afford Rent in SF

    08/18/2016 12:26:55 PM PDT · by nickcarraway · 26 replies
    NBC Bay Area ^ | Aug 17, 2016 | Jennifer Gonzalez
    City living can be fun, glamourous and expensive - but mostly expensive. If you were thinking about moving to a city soon, you might want to take a look at Smart Asset's 2016 report that breaks down just how much money you really need to make it in the big city. The personal-finance company gathered data on the average cost of renting available two-bedroom apartments in in each major city and calculated the gross income required by setting the rent-toincome ratio at 28%. Check out the cost of these major cities! San Francisco, CaliforniaIncome needed to pay rent: $216,129 Average...
  • Obama’s War on America and Property

    04/16/2016 6:33:58 AM PDT · by Sean_Anthony · 21 replies
    Canada Free Press ^ | 04/16/16 | Timothy Birdnow
    Obama and his Democratic allies are busily breaking the bonds of property ownership with the complicity of a Republican Party that prefers to stand silent Recently Baltimore County came to a settlement with the City over a scheme to colonize affluent County neighborhoods with HUD housing. According to Fox News: “With crime in the inner city soaring and many of Baltimore’s neighborhoods plagued by gang violence, there was a push to integrate those communities into neighborhoods in the surrounding county. The NAACP and others sued Baltimore County over alleged housing segregation – and the county has now settled, agreeing to...
  • Rent To Criminals—Or Else

    04/07/2016 8:01:19 AM PDT · by Sean_Anthony · 11 replies
    Canada Free Press ^ | 04/07/16 | Matthew Vadum
    Obama's threat to the nation's housing providers Welcome murderers, rapists, and thieves as your tenants or you will face huge monetary penalties, the Obama administration said in a new threat aimed at the nation’s landlords. Among convicted criminals, only drug dealers and drug manufacturers will be excluded from special protection as tenants under the administration’s novel interpretation of housing law.
  • Rent To Criminals -- Or Else: Obama's threat to the nation's housing providers.

    04/07/2016 7:23:32 AM PDT · by SeekAndFind · 15 replies
    FrontPage Mag ^ | 04/07/2016 | Matthew Vadum
    Welcome murderers, rapists, and thieves as your tenants or you will face huge monetary penalties, the Obama administration said in a new threat aimed at the nation's landlords. Among convicted criminals, only drug dealers and drug manufacturers will be excluded from special protection as tenants under the administration's novel interpretation of housing law. “The fact that you were arrested shouldn’t keep you from getting a job and it shouldn’t keep you from renting a home,” Obama's far-left Housing and Urban Development Secretary, Julian Castro, told the annual meeting of the National Low Income Housing Coalition this week.  This is...
  • Leftist Groups Are Posting Anti-Trump RENT-A-MOB Ads on Craigslist

    03/15/2016 1:23:43 PM PDT · by Enlightened1 · 45 replies
    GP ^ | 03/15/16 | Jim Hoft
    What a surprise!The left is posting Rent-a-Mob ads on Craigslist. Rent-a-Mob supplier to MoveOn.org, and other Soros-related Disturbances– Via Investment Watch: The group is hiring for ‘Canvass Directors’ and ‘Assistant Canvass Directors.’ If you call the number they are willing to hire you on the spot.One reader sent this: I checked this out — It’s real. They wanted to hire me on the spot when I called them up. Unbelievable! The group is linked to the ACLU and Democrat Party.
  • London's housing crisis just reached a turning point

    02/28/2016 7:27:01 AM PST · by SeekAndFind · 12 replies
    Business Insider ^ | 02/27/2016 | Feargus O'Sullivan, CityLab
    In London, the number of rented homes has just edged past the number that are owner-occupied, according to a report out this month. For the U.K.’s biggest city, this shift from owning to renting is, it seems, just the beginning. According to another new report, the ratio of renters to homeowners in London is expected to be yet greater by 2025, by which time the proportion of renters will have reached 60%. This shift from ownership to shorter-term rental tenancies, one mirrored by trends in the largest North American cities, is likely to have a number of consequences. Being able...
  • Why Owning a House is Financial Suicide

    11/12/2015 11:23:52 PM PST · by Up Yours Marxists · 100 replies
    News.Com (Australia) ^ | November 13, 2015 08:32 GMT | James Altucher
    OWNING your own house is as much the Australian dream as the American dream, and it's one that feels increasingly out of reach for many. But when one user on Quora pondered whether it was ultimately better to rent or own your own home, blogger and investor James Altucher penned this highly controversial response: I am sick of me writing about this. Do you ever get sick of yourself? I am sick of me. But every day I see more propaganda about the American Dream of owning the home. I see codewords a $15 trillion dollar industry uses to hypnotise...