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Zumper's latest Miami Metro Report shows that Homestead, Weston, and Miramar recorded the largest annual rent price declines in the region last month, each falling more than 7%.
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Homelessness among Florida families rose by 28% in the last three years, a report from the University of Florida found.
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Greystar, which manages nearly 950,000 apartments, including in South Florida, has agreed to stop using “anti-competitive” algorithms to suggest rents.
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Village Code Compliance Officers will begin to issue warnings on Sept. 16 to any properties that are not in compliance with the new enforcement measures.
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While Miamians have felt the squeeze of rising rents as South Florida roils from an ongoing, well-documented housing crisis, many local artists, from early career to well-established, have struggled to keep up with paying two rents: one for a place to live and another for a place to work.
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Senate Bill 1586 would override much of the relationship between Florida landlords and tenants, including the tenants bill of rights ordinances in Miami-Dade and Hillsborough counties
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Voters in several cities approved ballot measures to cap rents, part of a larger resurgence of rent control. Economists warn that such caps can actually reduce affordable housing overall.
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If approved, rent stabilization would start in late November and last for one year. It would apply only to multi-family properties with at least four units. And there are other exemptions, too.
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Renters in Lake Worth Beach are fighting for more legal protections, urging city officials to pass a tenants' bill of rights similar to Miami-Dade County
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Rising mortgage rates and a wave of millennials put more pressure on the rental market. Rents have soared by double digits, but landlords say they're also struggling with higher costs.
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A new report shows the cost of renting a home or apartment is up 15% nationally to a new record high.