Renting and Leasing (Real Estate)

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    A Way for People With Low Credit Scores to Raise Them

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    A new study finds that tenants who pay their rent on time can see “significant increases” if the payments are reported to credit bureaus.People who pay their rent on time can establish credit scores or significantly raise low scores if the payments are reported to credit bureaus, new research found.A study published this month by the Urban Institute, a think tank in Washington, D.C., looked at two groups of tenants recruited in 2021 and 2022. The members of one group began having their rent payments reported to credit bureaus immediately after signing up to participate in a program offered by their properties. The members of the other group had their rent reporting delayed by four months.The study found that rent reporting leads to “large, statistically significant increases” in the likelihood of having a score and of having at least a “near prime” score — a minimum of 601 on a scale of 300 to 850.The research was the first rigorous, randomized study of “positive” rent reporting, said Brett Theodos, a senior fellow at the institute and an author of the study, which enrolled 269 participants in affordable housing programs in five states and Washington. In positive rent reporting, only payments made on time are supplied to credit bureaus.The study used VantageScore, a competitor to the widely used FICO score. VantageScore, which uses a scale similar to FICO’s but assigns different weights to certain factors, was founded by the three big credit bureaus: TransUnion, Equifax and Experian.Still, some consumer advocates remain wary of rent reporting, saying it may pose risks to vulnerable renters.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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      Ex-Yankee Is Awarded About $500,000 in Damages for Moldy Greenwich Mansion

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      Josh Donaldson, a former American League Most Valuable Player with Toronto, sued his former landlord over the conditions at his $55,000-a-month rental property.A Connecticut jury on Wednesday awarded the former New York Yankees third baseman Josh Donaldson damages that are expected to top $500,000 from the ex-landlord of his $55,000-a-month Greenwich, Conn., rental mansion, which he complained was plagued by mold and squirrels.Mr. Donaldson, 39, terminated the lease about six weeks after moving into the five-bedroom, 4,800-square-foot home in April 2022 with his now-wife, Briana, who was pregnant at the time, and their 17-month-old daughter.In a federal lawsuit filed in Connecticut in June 2022, the now-retired baseball player accused the home’s owner, Bill Grous, of breach of contract and said that the rental in Greenwich’s backcountry section was a money pit.The neighborhood, sought after for its sprawling estates and privacy, is a magnet for professional athletes, other celebrities and financiers.Mr. Donaldson, a former American League Most Valuable Player with the Toronto Blue Jays in 2015, moved into the mansion a few weeks after being traded to the Yankees from the Minnesota Twins.His two seasons in New York were rocky. Mr. Donaldson struggled to replicate his success and was suspended by Major League Baseball in May 2022 for one game for repeatedly calling Tim Anderson, who is Black and was a shortstop for the Chicago White Sox at the time, “Jackie,” a reference to Jackie Robinson. In August 2023, Mr. Donaldson was released by the Yankees.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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      The House Next Door Has Black Mold. Do I Tell Potential Tenants?

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      The issue was serious enough to cause health issues for the previous residents.My wife and I live in a neighborhood of single-family homes, most of which are owner-occupied. The home next door, however, is rented out by an absentee landlord. We became friendly with the previous tenants, who moved out very abruptly a couple of weeks ago. We learned from them that the house is infested with black mold, as identified by a professional testing company, and they shared the results with us. The mold issue was serious enough to cause health issues for the previous tenants. To our knowledge, the landlord has done nothing to mitigate this issue, and now he has listed the house for rent again. Our concern is that we’ve seen families with small children looking at the house. We believe that we might be in legal jeopardy if we were to inform prospective tenants about the mold issue, but what is our moral obligation? — Name WithheldFrom the Ethicist:In the late 1990s, Stachybotrys chartarum — sometimes dubbed “toxic black mold” — became the subject of national alarm, with news stories linking it to devastating health effects. Much of that panic was later walked back after scientific review. Still, people with allergies can experience a stuffy or runny nose and the like from mold exposure, while for people with asthma, compromised immune systems or simply bad luck, mold exposure can be genuinely harmful. In children, mold exposure has been associated with an increased risk of developing asthma. In every state, a landlord implicitly promises that a rental property is habitable. What counts as “habitable” varies by jurisdiction, but a serious mold problem most likely violates that standard.If the previous tenants shared their testing results with you, try to get a copy, if you haven’t already. You’ll want to satisfy to yourself, too, that the company doing the mold inspection is on the up-and-up; notoriously, there can be a conflict of interest when the people doing the inspections are also in the remediation business. (“In most cases, if visible mold growth is present, sampling is unnecessary,” the E.P.A. advises, while the C.D.C. flatly says that it “does not recommend mold testing,” noting that “there are no set standards for what is and what is not an acceptable quantity of different kinds of mold in a home.”) Assuming the problem has been correctly identified, you might write the landlord, asking whether the issue has been addressed, and sharing your health concerns.If you’re convinced that the danger remains, you could share the documentation with the agent listing this rental property. Realtors have their own ethical and legal obligations: If they believe the home is uninhabitable, they can’t simply let tenants assume the risk. And they’re unlikely to want to expose themselves to legal jeopardy for concealing a defect. (Disclosing facts shouldn’t expose you to legal jeopardy, but that’s a question for a lawyer.)You’re not under a moral obligation to act, and you wouldn’t be wrong to stay out of it. But this is the kind of gesture that, when well-informed, can make the world a little better. If a child were to suffer because no one spoke up, you might wish you had said something. If you were the one about to move in, you would want to know. A decent society depends, in part, on people who choose to help when they don’t strictly have to.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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      I Had an Affair With a Politician Who Denies Being Gay. Do I Keep His Secret?

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      Is what happened between us my story to tell?Many years ago, I had a brief relationship with another young man. We had sex once, and he wanted to continue but asked me to keep it secret because he was in politics. I was a hotheaded gay activist, and I refused on principle, ending the affair. He went on to become one of the most prominent politicians in his country. He was a single man for a long time, but when asked about his sexuality he denied being gay. He eventually married a woman and lives a putatively heterosexual life.I am a writer. Is what happened between us my story to tell, or is it his story to (still) hide? Is he entitled to privacy? Am I obligated to keep his name a secret even though I didn’t agree to do that at the time, and when asked to keep it quiet I refused? — Name WithheldFrom the Ethicist:Let’s start with the obvious questions: Why now, after all this time? What would you hope to gain from this disclosure? You say that this man is a prominent politician in “his country” (which is presumably not your own), but you don’t indicate that you think he’s a threat to the common good. Is what moves you a belated desire for recognition? A murky wish to be acknowledged in a story that has long since moved on without you — to insert yourself in someone else’s Wikipedia page?Sexual intimacy presupposes a measure of respect for the privacy of those involved. Would your brief encounter have occurred had you announced in advance that you felt free to publish the names of your sexual partners? And there’s an ethical weight that comes with holding in your hands another person’s private life, or an episode of it, anyway. You don’t know how he now thinks of his own sexuality, what his wife knows, how they’ve shaped their lives together or what accommodations have been made in the privacy of a life that has nothing to do with you anymore. Before you risk bruising another family, perhaps it’s worth closing your laptop and pausing to consider: Do you really have good reason to change course and stop honoring the intimacy of your youthful affair?Once a story like this reaches the media, especially social media, it can spiral far beyond your control. Depending on the political culture of his country, what begins as a personal anecdote can quickly turn into a public spectacle. The result could be more intrusive, more destructive and more lasting than you anticipate — for him, his family and for you. You can send a story out into the world, but you can’t call it home.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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      Are You a European in a Housing Crunch? We Want to Hear From You.

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      To help us report on the housing crisis in Europe, we want to learn about the housing pressures you are dealing with, how they are affecting your community and how they are being solved.Nearly every European country is struggling with a housing crisis. A surge in home prices that started a decade ago has been accelerating as vacation rentals, real estate speculation and a shortage of home building have put the goal of affordable housing out of reach for many.Nearly 45 million people, or a tenth of European Union residents, spend more than 40 percent of their income on housing. Cities from Barcelona to Berlin are working to combat the problem, which has spread beyond urban areas. Throughout the year, I will be talking to residents, activists, developers and government officials in cities throughout Europe to explore why the crisis is so tough to beat, what solutions are being tested and what people want to see done.I’ll read every response to this questionnaire and reach out to you if I’m interested in learning more. I won’t publish any part of your response without contacting you first. And I won’t share your contact information outside The New York Times newsroom or use it for any reason other than to get in touch with you. More

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      L.A. Fire Victims Move Away From Altadena and Pacific Palisades to Start Over

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      In the aftermath of the Los Angeles fires that destroyed thousands of homes and properties, many fire victims moved far away from Altadena and Pacific Palisades in a sudden diaspora that upended the two tight-knit communities in ways beyond the initial loss of property.Residents now living in rentals, with expenses that have ballooned, expressed frustration with school transfers, longer commutes to work and the overnight disappearance of yearslong relationships with their neighbors.Of those who had to move, more than half ended up in neighborhoods at least a half-hour’s drive away, according to more than 3,500 change of address records analyzed by The New York Times. A quarter left the Los Angeles metro area entirely, and most ended up living somewhere with higher population density than their original neighborhood. While the data doesn’t include every displaced person, the results provide a clearer picture of where the victims settled after several fires erupted amid high Santa Ana winds across Los Angeles in early January. More

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      Rental Apartments Have Been Getting Smaller Over the Last Decade

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      The average size of new rental apartments has been getting smaller since 2015, but there are signs that the trend may have begun to reverse.If the living room in your apartment can’t fit a couch and a dining table, you’re not alone. Over the past decade, the average size of newly constructed rental apartments has shrunk by 22 square feet. The average size of a new rental unit is now a mere 908 square feet, according to a report from RentCafe.Researchers analyzed data on the size of new apartments in the 100 U.S. cities with the largest stock of rental buildings with at least 50 units. Newly built apartments were defined as those completed from 2015 through February 2025. Data was harvested from RentCafe’s parent company, Yardi, which surveys rental properties.A proliferation of studios and one-bedrooms is partly responsible for the downsizing. These units grew from 46 percent of what was built before 2015, to 53 percent in the years since.Driving the need for smaller apartments are an increasing number of young, professional singles and a related drop in marriage rates. With interest rates remaining stubbornly high, more of these singles are opting to rent rather than buy. Developers also have an incentive to build smaller units, which can boosts profits by leaving space for additional ones.Despite the decade-long downward trend in new apartment size, there’s been an uptick recently, with rentals gaining 17 square feet in the past two years. Even cities experiencing some of the worst housing shortages have seen notable gains.San Francisco, for one, had the second largest increase, with its average rental apartment growing by 59 square feet (about the size of a small patio) over the past decade. The New York borough of Queens wasn’t far behind, with the average rental growing by 39 square feet. New York’s most expensive boroughs, Manhattan and Brooklyn, also saw upticks.Still, in most major cities the average size of new rental apartments has fallen over the decade, including in Chicago, Seattle, Portland, Los Angeles and Washington, D.C. Even Sun Belt metropolises such as Orlando and Wilmington, with traditionally large apartments, have seen an average reduction of 49 square feet.Shrinking ApartmentsThe average size of newly built rental apartments in the United States has been shrinking over the last decade, though there has been an uptick since 2023. More

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      3 Men Die in Fire in Overcrowded House in Queens

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      The house in the Jamaica Estates neighborhood had no working smoke detectors and was crammed with tenants, fire officials said.In a house on an affluent street in Queens, a tenant woke up early on Easter Sunday choking on black smoke.A fire had broken out on the first floor, where he lived in a cramped single room. “There were people screaming, jumping out the windows,” the tenant, Tony Rock, 40, said hours later. He described the scene in one word: “Hell.”Three men died in the fire, which started just after 1:30 a.m. on Chevy Chase Street in the Jamaica Estates neighborhood, a three-minute drive from the mansion where President Trump grew up.Firefighters arrived at the scene in less than four minutes, but the blaze ascended to the attic very quickly, fire officials said at a news conference on Sunday. The victims, men who were 45, 52 and 67 years old, died at the home, the police said. Eight other people were taken to area hospitals and were stable, the police said.The exact cause of the fire is still under investigation. But officials said that the house was overcrowded with people, with makeshift partition walls creating small rooms.Possessions also blocked the stairways, and there were too many extension cords, the fire commissioner, Robert S. Tucker, said at the news conference. There were no working smoke detectors, he added.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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      $4,400 Rentals in Los Angeles

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      A Craftsman house near Culver City, a 1970s condo in West Hollywood and a 1920s bungalow in Hollywood.To provide a resource for those displaced by the Los Angeles fires, this edition of “What You Get” focuses on rentals rather than for-sale properties.Michael GoviaMichael GoviaMichael GoviaMichael GoviaMichael GoviaMichael GoviaMichael GoviaLos Angeles | $4,400A 1919 Craftsman house, on 0.1 acresThis three-bedroom, one-bathroom house is in a neighborhood south of Interstate 10, within a 15-minute drive of both Culver City and downtown Los Angeles. A public elementary school is three blocks away, and both West Adams and West Jefferson Avenues, nearby major thoroughfares, are lined with shopping and dining options, including a 24-hour hot dog and sandwich stand, a taqueria and a Creole restaurant.Rancho Cienega Recreation Center, with tennis courts, a pool, and a track, is a five-minute drive. The USC campus takes 15 minutes by car and LAX takes 25.Size: 1,344 square feetPrice per square foot: $3Indoors: Paved steps lead from the street to the red front door, which opens to the living room. The walls are painted teal with white trim, and original built-in bookshelves flank a gas fireplace with a black tile hearth. There’s a window above each bookshelf and a larger window faces the front yard. The home is available partially furnished.On the other side of the living room, through a wide doorway flanked by white columns, is the formal dining room. There’s a pass-through window to the kitchen, which has a white tile backsplash above granite counters.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More