Alliance for Housing Justice’s Post

It's here landlords! KC Mayor is forcing local landlords to take vouchers for renters. Paid for and subsidized by tax payor 💲. Kansas City renters who use housing vouchers now have more protection against 'discrimination' by landlords. The 'housing is a right' movement is headed to a city near you! #realestate #homesforrent #property #investment #homebuying #housingmarket

100,000 affordable homes needed in MN (of 300,000 total needed!) That's assuming we don't lose another 20,000 units to market conversion. Thousands of working families live on only one month's rent cushion. Displacement through property-sale (Crossroads at Penn/Enclave) will destabilize thousands more, increasingly straining social safety nets. Action must be far bolder and timely if we are to avoid 1 step back for every 2 forward. https://lnkd.in/gGVdjJd5

President Biden’s proposed 5% rent cap on landlords with over 50 units aims to curb rising housing costs but faces backlash from housing groups and developers. Critics argue it will reduce housing supply and deter new developments, worsening the crisis. #HousingCrisis, #RentControl, #AffordableHousing, #HousingMarket, #BidenPolicy, #RealEstate, #HousingDevelopment, #NAR, #RentersRights, #UrbanPlanning

💡"It's disheartening that political leaders spend their energy fighting a problem that has nothing to do with the root of the housing crisis: the shortage of homes. Potential first-time homeowners are shut out of the housing market because there aren't enough homes for everyone who wants to buy them. The scarcity of homes drives up the value of homes; it gives speculators (including large corporations and hedge funds) a way to profit from the lack of a basic human need: shelter. Laws supporting the development of more homes, like eliminating single-family zoning and subsidizing new construction of affordable housing, will solve the housing shortage; anything else is a distraction." https://lnkd.in/gSCdxai8

The Los Angeles County Board of Supervisors narrowly voted Tuesday in favor of a proposal to limit rent increases for many tenants in unincorporated areas to 3% or less starting next year. The proposal includes a carve-out for “small landlords” — defined as those who own no more than 10 units. Under the plan, next year they will be able to add an additional 1% increase on top of what larger landlords can charge.

This week the major parties unveil their manifestos. What do they have to say about housing and the #rentalmarket. First up are the Liberal Democrats who are fighting "For a Fair Deal" Helen Gregory of LandlordZONE looks at the key policy commitments. ~ A big programme of social housing building. ~ A crackdown on second homes in rural areas ~ Further #leasehold reform ~ A commitment to deliver renters reforms, with no fault evictions banned, a #landlord register but instead of periodic tenancies, they would introduce default three year tenancies. ~ A new Rent to Own programme to allow people to buy their social homes over 30 years. ~Ensure no resident pays a penny to have dangerous cladding removed. #landlords #lettingagents #propertymanagers #tenants #tenantexperience #tenantexperiences #propertymanagement

🏡 Housing Secretary Michael Gove’s recent proposals on short-term lets have stirred debate, with Generation Rent’s Ben Twomey expressing dissatisfaction. However, it’s worth considering that groups like Generation Rent have played a role in the rise of holiday lets they now oppose. Perhaps reflecting on the long-term consequences of their campaigns could lead to more effective solutions. How many of these campaigns have truly improved conditions for tenants overall? #HousingDebate #ActivismImpact #LongTermSolutions https://lnkd.in/ecZB6u7a

QUOTE: ". . .Condos and rentals built through the program would have to be affordable to middle-income households. For example in New York City, the housing would need to be affordable to a family of four that earns $232,980.. . ." UNQUOTE THIS LEGISLATION HAS A STRANGE WAY OF DEFINING "MIDDLE-INCOME HOUSEHOLDS". $232,980 FOR A FAMILY OF FOUR, IMPLIES 2 INCOMES OF ABOUT $116,000 EACH. THE MEDIAN INCOME IN THE USA (PER usdebtclock.org) is $35,000. THE ARITHMETICAL AVERAGE IS ABOUT $90,000, NOT $116,000. AND THE $90,000 IS NOT "MIDDLE-INCOME".

'How to fix the housing crisis – before we’re bankrupt'. David Taylor, Councillor for St Edward's Ward, Romford, Havering, writes on how ever-more squeezed councils can address the issues within their local housing ecosystems - before it's too late. In this excellent piece, David tells us how, over the last three years’, it has become clear that the slow dismantling of the private-rented sector - and the freeze of the Local Housing Allowance - is crippling local government. He tells us how councils can go about solving this, to the benefit of tenants, landlords, budgets, and, crucially, some of the most vulnerable in our society. Give it a look - and send us your thoughts. A must-read: https://lnkd.in/gajG6xpS #housing #housingshortages #costofliving #localgovernment #politics #rent

🗣 Robert Jenrick: We need to end the war against #housing and #landlords 👇 "My grandfather, living in a modest two-up two-down house in #Manchester, used to recount the pride he felt when he watched the #rent collector skip his gate every week after he managed to buy the family home: he was now a #homeowner. His dream has been central to my party’s (The Conservative Party) promise for most of its modern history: the ultimate evidence that, in #Conservative Britain, hard work pays off and #responsibility is rewarded. When we assumed office from #Labour in 2010, housebuilding had plummeted to its lowest peacetime level since the 1920s and the number of first-time #buyers had collapsed to levels not seen since the 1970s. Moderate #reform of outdated planning rules dragged supply up, peaking at almost a quarter of a million additional properties in 2019-20 when I was housing secretary – the highest number since 1987. But that was both not nearly enough and to prove a high watermark. Only around a quarter of a million #homes were estimated to have gained planning consent in the 12 months to September 2023, well below the #Government’s target of delivering 300,000 homes per annum. Serious attempts at planning #reform have been abandoned, small #landlords have been driven out of the market by aggressive #tax treatment, and the industry has faced the #economic headwinds of #inflation and rising #interestrates. This chokehold on supply is bad for homeownership, bad for #renters and bad for economic #growth" Read Robert Jenrick's column here👇 https://lnkd.in/eqTjDk6a