Biden administration reveals new fair housing actions amid high rent prices

  • 📰 axios
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 63%

United States Headlines News

United States Latest News,United States Headlines

The Biden administration announced a new set of actions intended to protect renters and help curb rental costs.

The Biden administration announced that several federal agencies will take actions to help prevent unfair housing practices in the rental market as part of its new "The Federal Trade Commission and the Consumer Financial Protection Bureau, for example, will collect information to identify practices that unfairly prevent applicants and tenants from accessing or staying in housing, such as the use of tenant background checks.

The Department of Justice will examine anticompetitive information sharing within rental markets, while the Federal Housing Finance Agency and the Department of Housing and Urban Development will also take part. The Blueprint is not binding and does not constitute a government policy, but the administration said it is meant to encourage the creation of policies that will promote fair housing.Over a third of Americans, or roughly 44 million households, rent homes, according to the White House.

Roughly 900,000 evictions happened in the U.S. in the years before the pandemic, and these disproportionately affected Black women and their children, the White House said in its release.

Source: Real Estate Daily Report (realestatedailyreport.net)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Thought that would be each state's responsibility. How is it the federal government's responsibility to get involved in local rental regulations?

attempted govt control of prices. this should go great...

No rights for the property owner

Good intent without teeth.

Ridiculous. This is just a blue print. A piece of paper that will go nowhere and do nothing. Action is not a word that should even be used. There is no action, just red tape.

So landlords aren't supposed to be able to investigate whether a prospective tenant has been evicted before?

So its a suggestion then. Although, even if law, this wouldnt do much.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 302. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Data shows the rent is (still) too damn highThe average American household is now considered 'rent-burdened,' with a record-high share of renters spending more than 30% of income on rent each month. This is what happens when properties are for profit. Most renters I know are spending 50% or more, not 30%. Rent is high, properties make excuses for broken amenities, and while employment is high wages are nowhere near keeping up with inflation. The screams for help are deafening
Source: axios - 🏆 302. / 63 Read more »

Jason Lee of Hollywood Unlocked Isn’t Going to Pay Your Rent'I want to spend the day with Beyoncé. I’m tired of not knowing what that girl is doing lol.' Hollywood Unlocked founder theonlyjasonlee opens his DMs for us and spills some tea.
Source: InterviewMag - 🏆 484. / 51 Read more »

Citing 'dire, destructive' housing market, Wu makes her case for rent control in BostonSpeaking on WBUR's Radio Boston, Boston Mayor Michelle Wu made the case for plan to press for modified rent control in Boston. She also answered listener questions about expanding Boston's nightlife and improving public transportation. RadioBoston While rent control appears to help current tenants in the short run, in the long run it decreases affordability, fuels gentrification, and creates negative spillovers on the surrounding neighborhood. BOSpoli Build. More. Housing.
Source: WBUR - 🏆 274. / 63 Read more »

Is it better to rent or buy a house in Houston? It depends. These charts can help you find the best choice.A growing number of Houstonians are putting off home purchases, choosing to rent in the hope that prices and mortgage rates will steady or decline.
Source: HoustonChron - 🏆 609. / 51 Read more »

Landlord sues Twitter, saying $3.16 million owed in rent for San Francisco headquartersTwitter Inc. is being sued by the landlord of its San Francisco headquarters, which accuses Elon Musk's social-media company of not paying nearly $7 million... What do we want? Eviction. When do we want it? Now. Boycott Tesla The landlord should seek restitution from the Biden administration and their eviction moratorium fund. Just file under 'federal government rent control.' Another person who can't quit Musk - so desperately wants to hang on. That Jack Dorsey was a lousy businessman.
Source: MarketWatch - 🏆 3. / 97 Read more »