Rent prices and eviction demands are rising
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“Typically, affordable housing is bought first, so what’s left are the slightly expensive things,” Carberry said. luxurious and more expensive; it shifts that curve.”
In Wisconsin, Millie Rounsville recounts how some properties could have been used for rental services; have been used in other ways. “Some single-family homes, the market was good, and people sold them, and they’re now owner-occupied. In some parts of our communities, Air Bnb attributed that. Reducing the number of housing units that would have been Monthly Rental Rates for Individuals Millie Rounsville, CCAP, is the Executive Director of the Northwest Wisconsin Community Services Agency Inc.
To help track and prevent evictions, Wisconsin has created a statewide list. They sent a postcard to each household with information about housing assistance. “Every week we get a list of all the evictions that have been fulfilled, and we can proactively reach out to those tenants ahead of time and see if there’s a way to provide that and help to prevent that eviction. , Rounsville said. If it’s purely a monetary issue and also working with the owners.”
Wisconsin homeowners who reside in Ashland, Bayfield, Douglas, Iron and Price can apply for assistance. The application must be initiated online, and if you need assistance, you can contact Amanda [email protected] or via 715-392-3644 for assistance. For the Wisconsin Emergency Rental Assistance Program (WERA), applications can be mailed, picked up at 1118 Tower Avenue Superior, emailed, etc. The staff member who will work with applicants will be Stacey Johnson. Stacey can be reached at [email protected] 715-392-5127.
The Minnesota Rental Assistant Program is no longer accepting applications. If you are looking for help with utilities, assistance is available through the Energy Assistance Program. Apply before May 31, 2022.
Hopefully prices will come down after the summer, Carberry shares: “I don’t think you’re going to see significant rates of increase, so you’re going to be comparing to times when prices have already gone up. So some of these double single-digit increases that we’re seeing are going to stabilize or go back down to single-digits. More like five percent, that’s what we expect to see in any given year.
Carberry also provides some useful tips to keep in mind when looking for a place to rent. “If you find something and want to see if you can potentially save money in the long term, see if a landlord would consider a 24 month lease versus a 12 month lease and lock in the current rate.” When looking for the right apartment for yourself, thinking about the things that are really important to you is a major factor. Some of these things may vary depending on what part of town you want to live in. Another big part is the monthly rental price range. Once you understand these details, start your research and go from there.