City utility officials say they’ve seen a 1,700 per cent increase in customers who have signed up for a set power rate since a provincial cap of consumer electricity prices was removed two months ago.
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Monthly Archives: January 2020
Younger people usually have lower credit scores: Here’s how to change that
If you’re relatively new to credit or you’ve made credit mistakes, you may find help in an unexpected place – your parents, grandparents or other older relatives.
Read more: https://bit.ly/38UIVzl
‘The new normal’: Growing number in US cannot afford rent
A growing number of people in the United States cannot afford to pay their rent as rental property prices hit a record high, researchers said on Friday, amid an outcry over rising evictions and homelessness.
Read more: https://bit.ly/2vDMn36
Study: Rising rental unit costs pressure housing markets
Boston — and the country — are failing to build their way out of a housing crisis where rents are becoming less affordable to people of increasingly higher incomes, a new report for Boston’s Joint Center for Housing Studies shows.
Read more: https://bit.ly/3aVBo57
New changes coming for those who make income through short-term rentals
CALGARY (660 NEWS) — If you’re one of the many people that use Airbnb to rent out your home, apartment, or condo, get ready for some changes.
Read more: https://bit.ly/2RRUUYO
Private residential property market expected to ‘remain resilient’ in 2020: REDAS
SINGAPORE: Private home sales are expected to remain resilient in 2020, Real Estate Developers’ Association of Singapore (REDAS) President Chia Ngiang Hong said on Friday (Jan 31).
Read more: https://bit.ly/2UonMd5
Germany: Berlin parliament passes five-year rent freeze
Berlin’s parliament on Thursday passed a law to freeze rent prices in the rapidly gentrifying city-state for five years, becoming the first federal state in Germany to introduce a rent cap.
Read more: https://bit.ly/2Sa55H2
Why real estate needs a buy-in, else the economy could tank further
The real estate market is all but in a shambles. RERA has meant tougher rules for builders, and buying with black money is no longer easy. The signs are bad, getting worse; demand remains anaemic, there is huge over-supply, prices are elevated and out of reach of most buyers, a good many builders are over-leveraged and going bankrupt, lenders are over-stretched and vulnerable to loan losses, and stalled projects aren’t moving.
Read more: https://bit.ly/2u2HobC
On the rise: Auckland property market bounces back from slump
Auckland’s property market has bounced back from the slump, with almost half the city’s suburbs showing meaningful house price growth, new figures show.
Read more: https://bit.ly/2uQbS0s
Edmonton rental market sees vacancy rate decrease despite growing supply
The rental market got a little tighter over the last year in Edmonton with the vacancy rate falling to 4.9 per cent from 5.3 per cent in 2018, even though supply was on the rise.
Read more: https://bit.ly/2vAFzmR