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  2. Rent regulation in New York - Wikipedia

    en.wikipedia.org/wiki/Rent_regulation_in_New_York

    Into the 1950s, a severe housing shortage prompted the first deregulation of rental units. In New York City, apartments in single and two-family homes became deregulated after April 1, 1953. Cities and towns outside New York City were given permission to deregulate when ready.

  3. Rent control in the United States - Wikipedia

    en.wikipedia.org/wiki/Rent_control_in_the_United...

    For example, in New York City as of 2017, 45% of rental units were "rent stabilized" and 1% were "rent controlled" (these are different legal classifications in NYC). [5] In the District of Columbia as of 2019, about 36% of rental units were rent controlled. [ 6 ]

  4. Manhattan’s average monthly rent tops $5,000 again - AOL

    www.aol.com/finance/manhattan-average-monthly...

    Nationwide rents are nearing $2,000. For New Yorkers, that looks like a deal. In Manhattan, the average rent topped $5,000 for the second straight month in July, increasing 1.1% to $5,113 from ...

  5. Manhattan rents hit a record high for the third time in four ...

    www.aol.com/manhattan-rents-hit-record-high...

    The median price for all apartments in Brooklyn was $3,950, up 16.2% from a year ago and the median price for rents in northwestern Queens was $3,641, up 15.7% from last year. Higher prices are ...

  6. New York City housing shortage - Wikipedia

    en.wikipedia.org/wiki/New_York_City_housing_shortage

    The housing shortage in New York is driven by a lack of housing supply. Home construction in New York City lags far behind other major American cities. [4] From 2010 to 2023, housing supply in the city increased by 4% while jobs increased by 22% [4]; however, 973,000 workers commuted into the city from its suburbs as of 2019 [5], as employment ...

  7. Why is rent still so high, a year after experts told us it ...

    www.aol.com/finance/rent-going-fall-economists...

    Private listing services, like Rent.com or Zillow, monitor the listed prices of housing and track their changes in real time. The CPI data, however, has a serious lag—Sturtevant said it can take ...

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