Rent Out Property

American Homes 4 Rent (NYSE:AMH) Shares Purchased by Ellevest Inc.

Ellevest Inc. boosted its stake in American Homes 4 Rent (NYSE:AMH – Get Rating) by 86.2% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 728 shares of the real estate investment trust’s stock after acquiring an additional 337 shares during the period. Ellevest Inc.’s holdings in American Homes 4 Rent were worth $26,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in AMH. Norges Bank acquired a new position in American Homes 4 Rent in the

Rent Out Property

Rent increases fights by tenants across NYC as Rent Guidelines Board weighs potential hikes of up to 7%

For many in Queens, rent increases of up to 7% under consideration citywide by the Rent Guidelines Board will drive them to make choices difficult.

“Asking people to choose between rent and food and medicine is beyond unfair, it’s obscene and amoral and [a] driving force in the housing crisis today,” said Douglas, an Elmhurst retired, during the board hearing on rates for rent-stabilized units at the Jamaica Performing Arts Center on Monday evening.

“If I get squeezed any more I’ll be living out of a cardboard box on the street.”

Speakers became emotional as they expressed frustration with their