Broker fees on rentals are now banned in the U.K., but New Yorkers shouldn't bank on it

… UK equivalent of the broker fees many New Yorkers pay on rentals After more than 250000 people signed off on the … past as Reuters reports The ban will spell some relief for renters in Britain who have to pay anywhere from £80 to £500 … s editors wrote There are now over 4 million households renting in England and this change will benefit all of them …

By Virginia K. Smith |December 8, 2016 - 1:59PM
Reminder: abandoned towns are still much cheaper than a New York apartment

… Connecticut ghost town looking for takers this spring Apparently the phenomenon is more pronounced overseas and in … The Daily Mail followed a retired British couple who spent £140000 for an abandoned village to call their ownand that … name on it It could use a refresh but considering the current median price of a Manhattan studio coop is now $380000 …

By Virginia K. Smith |August 26, 2015 - 1:59PM
Did Berlin just crack the code to keeping rents affordable?

… familiar to most New Yorkers But after enacting new rent control laws last month it seems the city may already … developed world CityLab reported yesterday on the citys new rental price brake system which has already reduced the average cost of new rental contracts by 31 percent since it was implemented on June 1st Under the new …

By Virginia K. Smith |July 10, 2015 - 10:30AM