Landlords waiting longer for possessions as Renters’ Rights Bill approaches

Property Management Blog

Landlords waiting longer for possessions as Renters’ Rights Bill approaches

Bad news for landlords in the latest Ministry of Justice possession figures: the wait for repossessions through the Section 8 eviction process is now well over six months.

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Black couple reviewing important documents
February 20, 2024
|
United States
PayProp Insights US

Renters of color at forefront of affordability crisis

Recent data shows 50% of renters are paying unaffordable rents in relation to their income – and Black, Hispanic and multiracial households are being hit hardest.

February 20, 2024
|
United States
PayProp Insights US

Realtors leaving NAR en masse could switch to rentals

Realtors are exiting the sales market. Are they gone for good, or will they discover new opportunities in property management?

Man draws upward-trending graph. Concept of financial growth.
February 20, 2024
|
United States
PayProp Insights US

New legislation targets algorithmic rental price setting

On January 30, a new bill was introduced by two US Senators to address concerns about the influence of AI algorithms on the rental market.

Closeup of rental agreement document
February 20, 2024
|
United States
PayProp Insights US

Market update February 2024: Rentals come out on top

Despite a gradual balancing out between rental supply and demand, persistent high demand and rental prices continue to boost sector earnings.

Hand putting coins on stacks of coins, with plants growing on top
February 20, 2024
|
United States
Opinion

6 additional revenue streams for property managers

Diversifying your business not only generates more revenue, but also helps provide resilience against rental market downturns. So why not give any of these side hustles a spin?

Businessman using laptop calculating exponential business growth in 2024
February 8, 2024
|
Canada
PayProp Insights Canada

Market update February 2024: Surprising & promising growth

The housing market capped off 2023 with surprisingly positive numbers. Could this mean an early onset of a spring rebound?

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