Opinion: Property Owners Call For Sensible Affordable Housing Policies

By NATHAN KADISHA As a property owner/operator with years of experience in the real estate industry, I have witnessed firsthand the challenges faced by both landlords and tenants in navigating the complex landscape of housing affordability. In recent years, because of economic uncertainty, higher interest rates, and inflation pressure, the issue of affordable housing has gained increasing attention, highlighting the urgent need for policymakers to enact sensible and unifying policies that address the needs of all stakeholders involved. Affordable housing is more than just a moral imperative, it is essential for the stability and prosperity of communities, especially those traditionally underserved populations. When individuals and families struggle to afford safe and stable housing, the ripple effects are felt far and…

Evictions Could Lead To Homes For Sale, Squeezing Rental Market

A wave of evictions could mean more options for homebuyers, but fewer rental properties on the market. Today, the Supreme Court lifted the Biden administration’s eviction moratorium, declaring that it is almost certain the Centers for Disease Control exceeded their authority by imposing it.  The ruling exposes millions of Americans who are late on their rent to the possibility of eviction, and could impact an estimated 3.6 million households. It is unclear exactly how many evictions will take place. Many local governments have their own eviction moratoriums in place. Some landlords may decide instead to work out repayment plans with their tenants rather than risk their property sitting empty.  But if evictions do happen, the booming housing market could be…