She says she regrets saying inflation was “transitory.” Secretary of the Treasury Janet Yellen shared this week that she believes rent prices will go down overall for the…
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Labor Department Reports Spike in Consumer and Housing Prices
Economists attribute increases to customary January surges. The Labor Department reported a spike in consumer prices in January, noting particular increases in food prices and rent prices. The…
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Legislation Introduced to Address Rent Price Fixing
Senator Wyden calls the software a “collusion… to charge above-market rent.” Senators Ron Wyden of Oregon, Amy Klobuchar of Minnesota, and Peter Welch of Vermont have introduced legislation…
Read MoreTreasury Secretary Says Prices Are Not Coming Back Down
She says that the economy continues to defy recession. During a speech in Boston in early January, Treasury Secretary Janet Yellen said inflation was cooling and that, in…
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HUD Releases Report on Homelessness
2022 numbers reach record levels as gains against homelessness made before the pandemic have reversed. The Department of Housing and Urban Development released a report that shows that…
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GSA Explores Large Reduction of Federal Office Space
The federal government could reduce real estate by up to 30 percent and save billions. The General Services Administration, the real estate manager of the federal government, is…
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FTC Fines TransUnion for Illegal Rental Background Check and Reporting
One fine was for poor screening and another for lying to customers. The Consumer Financial Protection Bureau (CFPB) and the Federal Trade Commission (FTC) have issued two fines…
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White House Addresses Consumer Junk Fees
FTC and CFPB to implement actions to follow the president’s lead. President Joe Biden gave a speech from the White House Rose Garden this week, addressing the pervasive…
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FTC Permanently Bars Roomster Over Fake Reviews
Consumers were defrauded by the company offering fictitious listings. The Federal Trade Commission (FTC) has reached a settlement permanently prohibiting Roomster Corp. and its owners from purchasing or…
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HUD Announces Waivers for Hawai’i Wildfire Recovery
The funding allows new construction, renter flexibility, and housing for displaced people. The Department of Housing and Urban Development (HUD) announced a number of housing waivers they are…
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