Finance News – Rent
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Half of young Canadians spending more than 50% of earnings on rent
According to recent research, a growing number of young Canadians are allocating over half of their monthly wages to housing costs, indicating increasing challenges in maintaining...
Read Full Article →Drop in new properties for rent is steepest since Covid, says Rics
The sharp decline in newly available rental properties suggests reduced supply, which, coupled with consistent demand, may lead to increased rental costs for tenants in the near fu...
Read Full Article →Apartment rents drop in July as vacancies move to multiyear high
The increase in available apartments has led to higher vacancy rates, resulting in a decline in rental prices compared to the previous year.
Read Full Article →Facing low pay and rising rents, a quarter of young Brits weigh UK exit
A significant portion of young adults in the UK are evaluating emigration as a response to stagnant wages and increasing housing costs, highlighting potential economic challenges f...
Read Full Article →Rental fraud: the Facebook and Gumtree scam targeting desperate tenants
Last year, scams involving fake rental listings resulted in nearly £9 million in losses, primarily affecting young tenants who often pay deposits upfront without verifying property...
Read Full Article →How gen Z is rewriting money rules: ‘I thrift, I splurge, I save 25%’
Generation Z employs distinct budgeting strategies influenced by economic pressures, often balancing spending on digital services and essential expenses while prioritizing diverse...
Read Full Article →New builds drive rent decreases, but also leave tenants vulnerable to steep hikes, experts say
A surge in newly constructed housing units has contributed to a temporary drop in rental prices, although this trend may expose renters to the risk of sharp increases in the future...
Read Full Article →UK mortgages: 100% loans are back – will they work for you?
Recent reintroductions of loans covering the entire property price offer potential buyers an alternative to saving a substantial deposit, impacting affordability and access within...
Read Full Article →I pay $4,000 a month for rent in Manhattan. Should I be paying for a mortgage instead?
With a yearly income of $130,000 and $200,000 in assets, evaluating the cost-effectiveness of continuing to rent versus investing in homeownership in Manhattan is financially impor...
Read Full Article →Derwent: Return to office mandates boost London landlord
Increased interest in prime office spaces amid a supply shortage has positively impacted the financial performance of the real estate trust during the initial quarter through highe...
Read Full Article →Renters work 125 days a year to pay their landlords
According to recent analysis by the Adam Smith Institute, tenants in England spend approximately one-third of the year’s income, before taxes, covering housing costs to their landl...
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