Study finds Boise rent prices have increased by 9.4% since COVID-19 pandemic began

The study by Apartmentlist.com compared the median rent price for 1 and 2 bedroom apartments in March and October.

BOISE, Idaho — Rent, like home prices, is on the rise in Boise. Since COVID-19 first hit Idaho, rental prices are up by 9.4% according to a study conducted by Apartmentlist.com.

In some cases, steep rent increases are forcing people out of their homes at the worst possible time.

“We have just been supporting as many tenants as we possibly can,” Jesse Tree Executive Director Ali Rabe said. “We’ve been hearing from 500 households in the Treasure Valley every month who can’t pay their rent.”

Rabe said the nonprofit has been able to help around 100 of those people with supportive services, and about 50 with rental assistance services.

“We’ve just been really busy doing what we do,” she said. “We were in a housing crisis before COVID happened.”

It doesn’t

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Power plant contractor saves cost while exposing UPRVUNL to increased risk – brand post

UP Rajya Vidyut Utpadan Nigam (UPRVUNL) is constructing two large new power stations using Super Critical boiler technology. One is the Obra “C”, 2 x 660 MW project, and the other is the Jawaharpur, 2 x 660 MW project. The Jawaharpur project is owned by Jawaharpur Vidyut Utpadan Nigam Limited (JVUNL) which is a 100% subsidiary company of UPRVUNL. Both projects are designed and constructed by Korean company Doosan and both will use efficient “Flue Gas Desulphurisation (FGD) Plants” as mandated by Ministry of Environment, Forest, And Climate Change (MoEFCC).

As a result of using FGD plants, the flue gas in the chimneys will have a low temperature and it will be highly corrosive. In order to ensure that the chimneys would be durable and reliable, UPRVUNL had specified the use of high quality, well-proven chimney lining system from the United States, which has been used by power stations worldwide.

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The celebrities who have increased the value of their luxe homes

Experts have revealed how reality TV stars have increased the value of their luxury properties by as much as £1.1million by renovating their gardens, kitchens and bathrooms. 

UK price comparison website money.co.uk analysed updates stars have made to their impressive Essex pads and estimated the subsequent value increases of their properties, with the help of experts from London-based real estate agency housebuyers4u.co.uk.   

The research revealed how couples like Stacey Solomon and Joe Swash have boosted their property price thanks to a luxurious £25,000 kitchen makeover, while Love Island’s Olivia and Alex Bowen gave their tired home a total overhaul to include everything from a games room to home gym, increasing their property value by £200,000. 

Meanwhile, TOWIE stars Lydia Bright and Jessica Wright spent an estimated £72,400 and £55,000 respectively on their stylish home renovations.  

Stacey Solomon and Joe Swash 

Stacey Solomon and Joe Swash spent £8,000 renovating the outdoor

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Mansion Global Daily: Luxury Sales Bounce Back in Florida, Vacation Markets See Increased Demand, and More

Luxury Sales in South Florida Rebounded Sharply, Driving Prices Higher

The median luxury house in Miami sold for $1.94 million, up more than 30% over last year. Read More

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Penthouse at Hong Kong’s St George’s Mansions Sells for HK$238 Million

A 3,330-square-foot penthouse with a 2,933-square-foot balcony at the St George’s Mansions project in Kowloon, Hong Kong, has sold for more than HK$238 million (US$31 million). The home was the second-most-expensive deal in the past three months in Hong Kong. The St George’s Mansions project has three 20-story buildings surrounded

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Oklahoma City rent increased by 32.5% since 2010, HUD reports

Along with housing prices, rental prices have risen dramatically in the last decade. 

According to data from the Department of Housing and Urban Development (HUD), the average rental price for an apartment is about $1,400 per month in 2020, an increase of 32 percent in nominal dollars from 2010.

Some cities have experienced much larger increases in rent, but income has not kept pace. 

Economic data from the Bureau of Labor Statistics, which compares the relative change in prices paid by consumers for goods, services, and housing, shows that rent and housing prices are increasing at a faster rate than other items. 

Home sale prices have more than rebounded from the crash in 2008, while rent prices have risen steadily, showing only a slight dip during the last recession. When compared to other goods and services—including food, clothing, and transportation—both rented and owned housing are becoming relatively more expensive.

While

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