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NY Rent Control Case Hits Supreme Court Brick Wall

NY Rent Control Case Hits Supreme Court Brick Wall

FromReal Estate News: Real Estate Investing Podcast


NY Rent Control Case Hits Supreme Court Brick Wall

FromReal Estate News: Real Estate Investing Podcast

ratings:
Length:
5 minutes
Released:
Oct 9, 2023
Format:
Podcast episode

Description

The Supreme Court has said “no” to a New York rent control case that could have influenced rent control laws across the country. Two landlord groups had hoped the high court would void a law approved in 2019 on the grounds that it contributes to an unconstitutional taking of property. The lawsuit had the backing of other real estate organizations, but the lower courts ruled that states have the right to regulate the relationship between landlords and tenants, and that’s the way the law currently stands...   ...That’s it for today. For more information on this topic, check for links in the show notes at newsforinvestors.com. You can also sign up for a free RealWealth membership at our website to learn more about the world of real estate, and how to build a cash-flowing portfolio of rental properties. And please don’t forget to subscribe to this podcast, and leave a review!   Thanks for listening! Kathy Fettke   Links:   1 - https://www.bisnow.com/national/news/multifamily/supreme-court-rent-control-120891   2 - https://www.nyc.gov/content/tenantprotection/pages/new-protections-for-rent-regulated-tenants  
Released:
Oct 9, 2023
Format:
Podcast episode

Titles in the series (100)

Don’t get caught off guard by market crashes that can take all your money down with them. And don’t miss out on markets where you can build wealth practically overnight. Real Estate News for Investors with Kathy Fettke is the premiere source for savvy real estate investors who want the edge. Stay up-to-date on new laws, regulations, and economic events that affect real estate. Topics include: market trends, economic analysis that affects housing prices, updates on the best rental markets for investing in single-family rentals or multi-unit rentals, turn-key housing standards, the fate of the highly revered 1031 exchange and other tax law affecting investors, self-directed IRA investing and 401k changes, where rents and property values are rising or falling, flipping risks, new Dodd-Frank rules regarding private lending and financing standards, areas with job losses vs job growth, areas that are overbuilt or over-supplied versus areas with low supply and high demand, and how to avoid real estate scams. We'll bring you the latest reports from organizations like the National Association of Realtors, Realty Trac, Fannie Mae, Freddie Mac, Zillow, Trulia, Redfin, Rent Range, Property Radar, the Norris Group, Peter Schiff, Robert Kiyosaki’s Rich Dad, Suse Orman, Bigger Pockets, Dave Ramsey and more. And we'll help you interpret the data in terms that make sense for your real estate goals, and portfolio. Grow and protect your wealth by staying on the forefront of economic data analysis, expert opinions, innovative investing strategies and profitable investment opportunities. We'll share all the top real estate news stories and the best trade secrets investors should know, so you can stay ahead of the curve and make fully informed real estate decisions. Host Kathy Fettke is Co-CEO of the Real Wealth Network, author of Retire Rich with Rentals and host of the Real Wealth Show on iTunes. She brings decades of media and real estate investing experience, offers her own viewpoints on particular topics, and taps into her network of real estate experts for real world news updates created just for investors like you. Get the real news on real estate on The Real Estate News For Investors Show!