Property Management News

Apartment construction has reached a 50-year high, but the amount of units affordable to the lowest income groups has decreased nationwide. The U.S. is building more apartments than it has in half a century, but the poorest people still can’t afford them.  The amount of units affordable to the lowest income groups has decreased across the country even as apartment construction has reached a 50-year-high and even as overall rent growth is slowing, according to a report from Harvard’s Joint Center for Housing Studies.  There are many reasons for this, the report’s authors explain, but the main one is that new units being produced are on the higher end and not affordable to people... Read more

Landlords around the country routinely refuse to rent to tenants who rely on housing vouchers and other forms of financial assistance, so a growing number of low-income tenants and their advocates are using recently passed source-of-income laws to fight the practice.  Megan Morse had hoped to use her rental assistance voucher to move to a neighborhood closer to her hospital and her daughter. “I can’t drive. I’m physically disabled as well as epileptic, so travel is a bit much,” said Morse, who has a rare disease called arthrogryposis multiplex congenita and regularly participates in an epilepsy study at the University of Michigan Hospital. But when she applied to... Read more