Last spring, a month after an out-of-state investor bought the apartment building where LaMonica Dickerson lives in Louisville, Ky., she and more than 100 others got an eviction notice. If she wanted to stay, she was told her rent would be $500 higher. “They’re forcing homelessness,” she says. “Married couples are having to split because they don’t…

In 1985, graffiti on a wall outside the Harvard Housing Office in Cambridge, Mass., said “Hell is looking for an apartment in Cambridge. Heaven is finding one under rent control.” At the time, I had a rent-controlled apartment in Central Square, halfway between Harvard and MIT. It wasn’t heavenly, but I was eternally grateful to…

The rally was held by The People’s Housing Project — a grassroots organization of Albuquerque residents advocating for affordable, safe, clean housing in neighborhoods that meet community needs. Sen. Linda M. Lopez, New Mexico Law and Poverty, several local organizations and members of the community also joined forces with The People’s Housing Project to express…

Prior to the inflationary pressures that date back to mid-2021 — and increased prices of consumer goods, household staples and energy — Albuquerque ranked in the top third of U.S. metro areas when it comes to affordability. Read the full story at Albuquerque Business First

Many Americans are feeling the pinch of higher rents. Renters need to work about six hours more a month than what was needed before the pandemic to make their monthly payments. Nationally, Americans making an average hourly wage need to work nearly 63 hours to afford their monthly rent, according to a new report from Zillow.…

More than 30 years ago, New Mexico enacted an ordinance prohibiting rent control measures in the state. Now, a leading Democratic senator wants to repeal the law. Sen. Linda Lopez, D-Albuquerque, announced she plans to introduce legislation that would allow local municipalities to decide whether they want to initiate rent control measures in the hopes…

After several failed attempts to get city councilors to back them on ending the prohibition on rent control, Albuquerque’s People’s Housing Project is finally gaining momentum as more people join their side. One of those people happens to be a state legislator. After a failed 7-2 vote by Albuquerque City Councilors in October asking state legislators to…

Ballot measures in the U.S. to build more affordable housing and protect tenants from soaring rent increases were plentiful and fared well in last week’s midterm elections, a sign of growing angst over record high rents exacerbated by inflation and a dearth of homes. Read more

At the beginning of the pandemic, Arin Lopez, 47, and Derek Swenson, 35, started thinking about buying a home to get their family out of the two-bedroom apartment they’ve long rented in central Phoenix. But every home they liked had multiple offers over asking price within a day or two of going on the market.…