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October 13, 2008 10:45:53 AM CDT

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Stories related to: rent

Stories

9 Stories

  • September 2008

    • Rent-to-Own Leases Help Fill Up Condos

      Boston Globe  |  Sep 2, 08 9:04 PM CDT

      Rent-to-Own Leases Help Fill Up Condos

      (Newser) - The credit crisis landed the housing market on shaky ground, but condo developers are attracting cash-strapped buyers by offering them rent-to-own leases, the Boston Globe reports. The deal allows would-be homeowners to rebuild their credit and test out conditions, while developers make money on properties that otherwise would be empty. “It can be a real win-win,” says a real estate marketer. More »

  • July 2008

    • Raging Rangel Denies Rent Deal

      New York Times  |  Jul 12, 08 5:48 AM CDT

      Raging Rangel Denies Rent Deal

      (Newser) - A testy Charles Rangel yesterday brushed off accusations that he had enjoyed special treatment in occupying four rent-controlled apartments, reports the New York Times . The veteran Democratic congressman denied he had a "sweetheart" deal with his landlord and slammed the Times article that started the controversy. The 78-year-old chairman of the House Ways and Means Committee expressed pride in being a lifelong Harlem resident, and said he pays the "maximum legal rent" for the units. More »

      Tags

      New York City  • housing  • Charles Rangel  • rent  • congressman  • Harlem

    • Rangel Enjoys Sweet Deal on 4 Harlem Apartments

      New York Times  |  Jul 11, 08 2:35 AM CDT

      Rangel Enjoys Sweet Deal on 4 Harlem Apartments

      (Newser) - A powerful Democratic lawmaker is getting a sweet deal on four Harlem apartments, the New York Times reports. Charles Rangel has four rent-stabilized apartments, whose rents are controlled by city law. Three of the apartments are combined into one luxury unit, and the fourth is used as an office—despite the requirement that such apartments be used as a primary residence. More »

      Tags

      New York City  • housing  • Charles Rangel  • rent  • congressman  • Harlem

  • June 2008

    • What's So Great About Home Ownership?

      New York Times  |  Jun 23, 08 8:45 AM CDT

      What's So Great About Home Ownership?

      (Newser) - “Owning a home lies at the heart of the American Dream,” George W. Bush once said, and US policy certainly seems to agree with him. Mortgage interest is tax deductible, and government-sponsored enterprises such as Fannie Mae provide cheap financing for home buyers. Why is that, asks Paul Krugman of the New York Times . Owning a home isn’t for everyone, so why should it be a policy goal? More »

      Tags

      mortgage  • homeownership  • rent  • house

    • Rise in Renters Wiping Out Gains in Homeownership

      New York Times  |  Jun 21, 08 7:29 AM CDT

      Rise in Renters Wiping Out Gains in Homeownership

      (Newser) - Americans are shifting from being homeowners to renters in rising numbers, the New York Times reports, all but wiping out gains made during the boom. The percentage of homes headed by homeowners dropped from 69.1% to 67.8% this year, which sounds modest, but is, in fact, the biggest decline in 20 years. President Bush's ambitious "ownership society" plan hoped to see more low-income and minority families own their own homes, but these groups have been hardest hit by the subprime crisis. More »

      Tags

      subprime mortgages  • housing market  • mortgage  • home sales  • homeownership  • rent  • property

  • May 2008
  • March 2008

    • French Get Dirty to Pay the Rent

      BBC  |  Mar 13, 08 1:41 PM CDT

      French Get Dirty to Pay the Rent

      (Newser) - France is in the throes of its worst housing crisis since World War II, which has led to some sordid dealings in some cities. With many young people unable to pay sky-high rents, landlords are offering apartments “for services”—usually sexual ones, the BBC reports. As homelessness and bankruptcy skyrocket throughout Paris, such Faustian leases are often the only option. More »

      Tags

      France  • housing crisis  • sex  • Paris  • rent

  • January 2008
  • July 2007

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