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The cost to rent in South Florida keeps going up. Here’s what some renters are giving up to make ends meet

October 25, 2021 by Housing Leadership Council

By Amber Randall |South Florida Sun Sentinel

Wages aren’t keeping up with soaring rents in South Florida, and that’s forcing many renters to make sacrifices and difficult choices between basic necessities and paying their landlords.

While rents in the region have surged an average of 22% higher than last year, income has only risen between 8% and 10%, according to ATTOM Data, a provider of nationwide property data.

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Filed Under: Affordable Housing, News

As rents rise, so do pressures on people at risk of eviction

October 25, 2021 by Housing Leadership Council

By Sophie Kasakove | The New York Times

The heightened strain on available housing has strengthened the position of landlords.

“Landlords seem anxious to move tenants out so they can go out and take advantage of those higher rents,” said Zach Neumann, director of the COVID-19 Eviction Defense Project in Colorado.

Skyrocketing rents are blunting the effectiveness of emergency rental assistance, the only federal tool remaining for struggling renters, as landlords decide not to extend leases and then raise rents beyond what existing tenants can afford, Neumann said. Other tenants are being displaced as landlords rush to sell buildings amid a booming market.

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Filed Under: Affordable Housing, Evictions, News

As rents in South Florida soar out of reach, more people are finding themselves priced out — and onto the streets

October 25, 2021 by Housing Leadership Council

By Amber Randall | South Florida Sun Sentinel

It’s been two weeks since Sean Jeremy’s landlord raised his rent beyond what he could afford. For now, the only place he can afford to live is in his car.

Soaring rents in South Florida are putting others like Jeremy is a similar bind. With housing costs too high, concern is growing that more people will find themselves priced onto the streets.

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Filed Under: Evictions, Homeless, Low-Income, News

U.S. Census: Riviera is more racially and ethnically diverse; housing remains a problem

October 25, 2021 by Housing Leadership Council

By Wayne Washington | Palm Beach Post

Riviera Beach is becoming more racially and ethnically diverse and the city’s population growth is adding to its housing crunch, an analysis of 2020 U.S. Census Bureau figures show.

The Palm Beach Post is analyzing 2020 U.S. Census Bureau figures for Palm Beach County and several cities and comparing the new figures to 2010 data to provide a sort of demographic snapshot.

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Filed Under: News, Unaffordable

TALK OF THE PALM BEACHES – Palm Beach County Housing Crisis

October 19, 2021 by Housing Leadership Council

Listen to the October 6, 2021 panel interview moderated by radio host Ms. Penny Pompei. This informative discussion focused on the workforce and affordable housing crisis in Palm Beach County.

As the County population grows driven by a booming economy, the pressure on housing stock that is priced significantly less than market rates has become intense.  Both City and County leaders are concerned about the lack of affordable housing and have proposed various solutions, some have been effective, some have not.

President and CEO, Housing Leadership Council

Co-Founder and President, Affiliated Development

LISTEN RECORDING

Filed Under: News

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