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The overall economy has nine million job openings, and the government is pulling levers to get that down to eight million, anticipating that it will take four to five years to recover jobs lost during the pandemic.
And, while the AI revolution will have a big impact on productivity growth in the next 10 years, labor still is the most significant problem faced by housing in 2023 and 2024 according to Dr. Robert Dietz, the chief economist at the National Association of Home Builders……Story continues….
Source: Forbes
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Critics:
With high property prices, rising rents and sluggish rates of new-build, the UK is facing a crisis of housing affordability. A comprehensive strategy is urgently needed, one that’s joined up with other key areas of public policy, including taxation and investment in human capital. Unsurprisingly, the nation’s two largest cities — New York and Los Angeles — have the largest estimated overall housing shortages at roughly 390,000 and 337,000, respectively.
Between 2021 and 2022, New York City’s housing shortage increased by more than 3.5%, according to Zillow. One of the main factors contributing to the housing crisis in the UK is the limited supply of houses. There simply aren’t enough homes available to meet the growing demand. There were approximately 25 million homes in 2021.
Landlords need to accept responsibility for the very direct role they play in driving the housing crisis. With the rent increases we see each year, they are driving up housing costs across the board. We need to build more homes to accommodate our growing population, both through densification and sustainable outward extensions.
We also need to make the city’s housing market fairer, by supporting renters on low incomes to afford their homes and collecting more of the land value created by public investment. The fear of lawsuits, eviction proceedings, and non-compliance with local laws can create significant stress. To overcome this fear, landlords should familiarize themselves with local landlord-tenant laws and regulations.
A tenant must not do the following: Sublet without permission. Cause damage to the property. Fail to pay rent on time. Property damage and maintenance: The fear of costly repairs and property damage can be alleviated by conducting regular inspections, addressing maintenance issues promptly, and setting aside funds for unexpected expenses.
A potential landlord or management company should require a background check, inquire about your income, and see what your renting history is. If they don’t require this of you, then it’s more suspicious. If they don’t require you to sign a lease, be wary. Questions about religious beliefs, political leanings, or the like should also never be a topic associated with rent. They’re none of the landlord’s business, and you don’t have to answer.
Also, if a landlord asks for a non-refundable deposit, a cash deposit without a receipt, or for rent to be paid cash in hand, run. The bane of the lettings sector, rogue landlords are property owners who knowingly flout the law, refuse to repair housing problems, and don’t care what their tenants endure – just as long as the rent keeps rolling in.
Cache-only key tenant secrets are keys which CCKM creates from CipherTrust Manager or DSM, and uploads to Salesforce, which stores the key material in the encrypted key cache to encrypt or decrypt data on demand.
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