The Big Picture: This week, the media largely focused of rent control developments across the country. Other notable stories covered the impacts on inflation across the industry.
Industry Hot Topics
Topics that dominated the media landscape this week
The rent analysis company, Rentometer, found double-digit spikes in monthly rent in Colorado last year. Rent increased 15% in Aurora, 13% in Boulder, and 18% in Fort Collins.
While most reasonable landlords support the notion of protecting America’s 44 million renter households — especially after house prices and rents went stratospheric during the pandemic — due to the complex nature of housing policy, the idea of a one-size-fits-all solution has been met with criticism. And in striving to protect renters, the plan might leave millions of homeowners out in the cold.
A tightening of monetary policy by the Federal Reserve results in a reduction in rent inflation albeit at a slow pace, according to a San Francisco Fed analysis released on Monday.
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