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RENT

The Wire

Long-term unemployed face dwindling options 

ELKHART, Ind. - At the edge of this town, at the end of a long driveway, lives Lawrie Covey, who's at the end of her rope.

Court upholds rent control at NY apartment complex

New York's top court is upholding rent controls on thousands of units at one of the nation's largest apartment complexes.

Renters look for thirfty comfort, not style

Renters might have the upper hand in today's apartment market, but they're not taking all they can get.

Financial crisis cripples new affordable housing

For thousands of low-income renters nationwide — but especially in rural towns and small cities — the recession is hitting home in an unexpected way.

Error nearly evicted NYC public housing residents

Hundreds of families have been threatened with eviction due to a rent-calculation error at the New York City Housing Authority.

For more people, scales tip toward buying a home

For Aaron Carter, a musician who was struggling to fit a drum set, a piano and three guitars into his 600-square-foot apartment in Phoenix, the math on owning a home finally began to work in his favor.

NYC charging rent at homeless shelters

Even the homeless can't escape the high price of a night in New York City.

How to make 1 room serve many needs

Recessions make many renters more creative. Maybe you're moving from a one-bedroom to a studio, taking on a roommate or expecting a baby but can't afford a bigger place.

Corporate meltdown leaves renters in limbo

Nicholle Krause first noticed the weeds sprouting in the usually well-manicured grounds of her 320-unit apartment complex in Chandler, Ariz., in December. Soon, signs of neglect began multiplying: Garbage spilled over from the dumpsters, the water in the swimming pool turned a slimy pea green and the grounds were infested by swarms of bees — especially alarming because Krause is severely allergic to bee stings.

How to score your first investment property

For the first time in a long time, you can actually get both a short- and long-term gain on a real estate investment. With prices down, interest rates at record lows, and so many would-be buyers deciding to rent instead, it’s a great time to buy a real estate investment. 

Moving in: The ends and outs of apartment hunting

As you get ready to move out of Mom and Dad's, some upfront leg work could save you many a headache.

Renters still need to jump hoops in soft market

Apartment vacancies are rising. Rents are dropping. It's a tenant's market. Or is it?

Anonymous donor pays Vermont man's $1,000 rent

Yes, Nathan, there is such a thing as Christmas angels. Nathan Dubray had his monthly rent paid by an anonymous benefactor who sent $1,000 in cash to his landlord on Christmas Eve. The same day, Dubray got a note telling him the rent had been paid and wishing him a merry Christmas and happy holidays.

Advice for renters if landlord faces foreclosure

You're paying your bills, but your landlord isn't. And you're the one holding the eviction notice.

Mr. Fix-It: Landlord required to make some repairs

Leaky faucet? Running toilet? Don't call the plumber. Call your landlord. As a renter, by law or by lease you're entitled to certain repairs. But not all. You might have to shell out cash from your own pocket for others.

Why buy when you can trade or rent?

In recent years the average family of four has spent more than $5,300 on food, nearly $3,000 on gifts, $2,100 on clothing and $3,000 on recreation. That's all well and good when you're spending money that you have, but what if you're watching your pennies because of a layoff or a plummeting 401(k) balance? In this economy, both are all too common, so, it's time to get creative. There are certain expenses in the family budget that are fixed — your rent or mortgage, utilities, car payment, gas to get you back and forth to work, and groceries to put food on the table. I'd put childcare costs and health insurance on that list as well. But most other things are variable expenses; you can decide where to cut back.One way people are doing this is by not buying the things they want — books, DVDs, toys — and instead, trading, renting, borrowing, or even taking someone else's unwanted belongings. These days, the Internet has made it easier than ever to find the stuff you're

'Rent' brings down the curtain on Broadway run

They cheered, they cried and gave the show a standing ovation even before the first note was sung.

Renters go downtown to save on gas, commuting

Sick of filling up the tank for sixty bucks? Considering a place near work downtown and tossing the car keys? Prepare to pay higher rents as more like-minded apartment dwellers flock to urban digs.

Congressman to move office from low-rent NYC apt

A newspaper reports that U.S. Rep. Charles B. Rangel will move his campaign office out of one of four rent-stabilized apartments he leases in Manhattan.

NYC says UN owes it $6 million in back rent

The United Nations and its host city, noted for periodic quarrels over diplomatic deadbeats and parking scofflaws, are involved in another domestic spat — this time over $6 million in rent the city wants for unbuilt office and residential space near the U.N. headquarters.

Scouts sue after Philly demands rent or new policy

A Boy Scouts chapter engaged in a long fight over gay rights has sued the city of Philadelphia to try to avoid paying $200,000 a year in rent to stay in the city-owned space that has been its headquarters for 80 years.

Apartment rental costs are all over the map

A curious thing happened during 2007 while the mortgage market was imploding: Median apartment rental prices in major cities shifted dramatically, dropping by up to nine percent in some markets — Phoenix — and rising as much as 14.6 percent in others — San Francisco — according to data released from Newton, Mass.-based Investment Instruments Corporation.

`Rent' Closes, Remnants of Era Remain

From the tiny East Village theater where "Rent" was born, you can still catch a glimpse of the funky neighborhood where the hit musical was set — a scruffy courtyard, old brownstones, rusty pipes and fire escapes.

`Rent' Will Close June 1 on Broadway

"No show runs forever" was one of the more astute observations of Broadway director-choreographer Michael Bennett, the man behind "A Chorus Line," itself a model of longevity.

Report: 'Rent' to End Broadway Run

"Rent," the acclaimed musical chronicle of counterculture life and death in Manhattan's East Village, will close in June after more than a dozen years on Broadway.

The Vine
Fannie Mae's 'Deed for Lease': Solution to Foreclosures?
Source: TIME

What if people who lost their homes to foreclosure could rent their houses back from the lenders that repossessed them? That idea, which has lingered on the outskirts of the housing-crisis debate, got a boost last week when the federal housing agency Fannie Mae said it would star …

Polls: Would You Live With Ghosts For Cheaper Rent? 69% Would
Source: Consumerist

Rent.com conducted a survey that found more than 2/3 of renters ain't afraid of no ghosts, and would live with them as long as they got a hefty discount on rent. From rent.com's press release:

City to homeowner: Let us in, or get out
Source: WorldNetDaily News

"Man evicted from house for resisting warrantless inspections"

Landlord refuses to evict jobless tenants
Source: MSN

Instead, he takes a job to help pay the bills while the families try to get back on their feet.

Rent reduced because neighbours pee too loudly
Source: metro.co.uk

A court has reduced the rent of a couple who live in a flat with such thin walls they could hear their neighbour peeing. Peter and Susana Keller have had the rent on their home in Berlin, Germany, reduced by 10%.

A slice of $7.5 million in federal stimulus money may help homeless sex offenders and predators
Source: South Florida Sun-Sentinel

A slice of $7.5 million in federal stimulus money is being offered to help homeless sex offenders and predators living under the Julia Tuttle Causeway to cover rent, housing and utilities.

First family to vacation on Mass. island - Yahoo! News on Yahoo! News
Source: Yahoo! News

Great, Americans can't pay a house payment,the cars are being lost and no health insurance and the King goes on vacation while the of us wonder if we can heat and eat this year.

Family makes trek to find a job
Source: CNN

This is the story of a couple who lost their jobs in Florida due to the recession and the birth of a new baby. Unable to afford their home, they purchased a very old RV and hit the road in search of jobs in areas of the country where the unemployment rate was lowest.

In Manhattan, an Increase in Vacant Stores, With More to Come
Source: The New York Times

Among the marks of Manhattan's prosperity in recent years were the thousands of restaurants and shops that opened to meet an ever-growing demand.

Swiss farmer rents cows to city dwellers for stress relief
Source: croatiantimes.com

A farmer's credit crunch-beating idea to rent his cows to wealthy city dwellers who want to know what it's like to be a farmer has been a huge success in Switzerland.

Main cause of eviction is 'other'
Source: tulsaworld.com

More than 1,500 people have been successfully evicted from Tulsa Housing Authority properties since 2004, which is less than half of the total evictions sought, according to housing authority records.

How You Can Live Rent-free
Source: MSN

If you had no rent or mortgage payments, what could that mean for your bottom line? Housesitting, caretaking and "workamping" offer shelter with minimal obligations -- and perhaps a chance at a little adventure.

Homeless will be back on the street unless rent is paid - VIDEO
Source: baynews9.com

The only all-inclusive homeless shelter in Pasco County will be closing on Tuesday if it doesn't come up with rent money.

NYC now charges rent at homeless shelters
Source: Raw Story

Nine months after homeless families won the right to shelter in New York City, the city is having the last laugh.

Eviction Possible Despite Paid-Up Rent
Source: The New York Times

The mortgage crisis isn't just about irresponsible lenders and "reckless" homeowners. Like everything economic, the mortgage crisis affects everyone.

House For Sale; Fake Craigslist Ad Sought Money
Source: ketv.com

A local Realtor who listed a house for sale online instead received calls from potential renters who almost fell for a potential scheme.

Want style? Rent it first
Source: Straits Times Interactive - SINGAPORE

A LOUIS Vuitton bag, diamond-inlaid guitar, Gucci shades and a dog. Total cost? Less than S$1,000. The catch is, you're only renting.

Police Say Landlord Murdered Tenant, Kept Coffin in Living Room of Boarding House
Source: kyw1060.com

Excerpt: Philadelphia police have a man in custody in connection with a bizarre murder in which the victim was found in a makeshift coffin in the living room of a boarding home (above).

Falls police say woman put up racist sign : Police Blotter : The Buffalo News
Source: The Buffalo News

i love this...it is america and we should most definitely be able to rent our property to who ever we want to. who cares if it's racists, prejudice, or profiling. if it's your property then you should be able to rent or not to rent to who ever you want.

How to Reduce Your Rent
Source: Wall Street Journal

With the recession, people are moving out of the major cities, and rents are falling. This article gives an example of how you can try to lower your rent and save yourself some money.

Landlord Demands Rent From Ex-Husband of Woman Killed, "insufficient notice to vacate."
Source: cbs2.com

The ex-husband of one of the nine people killed at a Christmas Eve party in Covina has received demands from a landlord to pay the dead woman's rent.

A Month Free? Manhattan Rents Are Falling Fast
Source: The New York Times

IN this painful economic climate of layoffs and shrinking investments, there is a sliver of positive news: it's a good time to be a renter in New York City. Prices are falling, primarily in Manhattan, and concessions like a month of free rent are widespread.

Freddie Mac to Rent Foreclosed Properties
Source: Yahoo! News

Mortgage finance company Freddie Mac said it will allow some borrowers to rent out their homes after losing them to foreclosure. The goal of the new policy, announced Friday, is to prevent properties from becoming vacant so they won't fall into disrepair.

A tenants' market downtown
Source: TODAYOnline

Tenants for office space are beginning to enjoy more bargaining power as increased supply for such commercial property and a weakening economy drive rents lower.

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