Biden Administration takes action to increase transparency and eliminate hidden rental fees - New York Amsterdam News

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Biden Administration takes action to increase transparency and eliminate hidden rental fees - New York Amsterdam News
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Seeking to promote transparency and fairness for renters, major online real-estate marketplaces have joined the Biden administration’s initiative to crack down on hidden apartment rental fees.

Companies such as Zillow, Apartments.com, and AffordableHousing.com have pledged to incorporate previously hidden costs, like application and convenience fees, into their upfront advertised pricing.

In response to these concerns, the administration has focused on tackling these so-called “junk fees.” The White House said the change should offer a more accurate representation of the financial commitment of renting, providing renters with better tools to make informed decisions.

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