SUBSCRIBERS
Study explores link between homelessness and rent hikes
Published Thu, Aug 3, 2017 · 09:50 PM
New York
WHEN the rent rises 5 per cent in Atlanta, another 83 people become homeless. In New York, about 3,000 do.
In a new study , Zillow compared its own estimates for median rent increases in major US cities with homelessness data published by the US Department of Housing and Urban Development (HUD) in an effort to describe the relationship between rising rents and homelessness. Its conclusion: much depends on where you live.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
Singapore office rents in central region fall 1.7 per cent in Q1 after rising for 9 quarters
Singapore retail rents slip 0.4% in Q1 as vacancy rates creep up
Country Garden plans to present debt revamp plan in H2, sources say
Hong Kong home prices rise for first time in 11 months after curbs scrapped
HDB resale prices accelerate, rising 1.8% in Q1 on stronger demand
Private home prices ease to 1.4% rise in Q1; rents fall a further 1.9%