Marchant Property Management Blog

What I’ve learned after years of single family home investing

Brittany Caldwell - Tuesday, February 14, 2023

In recent years, the United States has seen a steady rise in the number of renters, with more than 43 million households now renting their homes. Despite this, renters often face a range of challenges, from high rents and substandard living conditions to discrimination and insecurity. To address these issues, the White House recently issued a blueprint for a "Renter's Bill of Rights," which seeks to promote fairness and equity for renters across the country.

The Renter's Bill of Rights contains a range of policy recommendations aimed at addressing the most pressing challenges faced by renters. These include measures to protect renters from eviction, to ensure that landlords provide safe and healthy living conditions, and to prevent discrimination against renters on the basis of their race, gender, or other characteristics.

One of the key provisions of the Renter's Bill of Rights is a call for greater protections against eviction. Currently, eviction is a common problem for many renters, with an estimated 900,000 eviction filings occurring each month in the United States. This can be due to a range of factors, including rising rents, job loss, and health issues. To address this issue, the White House has proposed a number of measures, including the expansion of legal assistance programs for renters facing eviction, and the creation of a national database to track eviction rates and identify areas of high need.

Another key focus of the Renter's Bill of Rights is ensuring that renters have access to safe and healthy living conditions. Many renters are forced to live in substandard housing that poses a range of health risks, from mold and lead to pest infestations and other hazards. To address this issue, the White House has proposed a range of measures, including the creation of a national inspection program to ensure that rental properties meet basic health and safety standards, and the expansion of federal grants to help landlords make necessary repairs and upgrades to their properties.

The Renter's Bill of Rights also seeks to address issues of discrimination that can affect renters, particularly those from marginalized communities. Discrimination in housing can take many forms, including being denied housing due to race, gender, or sexual orientation, or being charged higher rents or security deposits due to these characteristics. To address this issue, the White House has proposed a number of measures, including strengthening fair housing laws and increasing funding for enforcement efforts, and expanding the use of alternative screening methods that do not rely on discriminatory factors.

The Renter's Bill of Rights has been widely praised by advocates for renters' rights, who argue that it represents a major step forward in addressing the challenges faced by renters in the United States. However, some critics have raised concerns about the potential costs and administrative burdens associated with implementing some of the proposed measures. For example, the creation of a national inspection program to ensure that rental properties meet basic health and safety standards could be expensive and time-consuming to implement.

Despite these concerns, many advocates argue that the benefits of the Renter's Bill of Rights far outweigh the costs. Renters across the country face a range of challenges, from eviction and substandard living conditions to discrimination and insecurity. By addressing these issues, the Renter's Bill of Rights has the potential to improve the lives of millions of Americans, while promoting greater fairness and equity in the housing market.

Overall, the White House's Renter's Bill of Rights represents a significant step forward in the fight for renters' rights in the United States. By addressing key issues such as eviction, health and safety, and discrimination, this blueprint has the potential to improve the lives of millions of renters across the country. While there may be challenges associated with implementing some of the proposed measures, the potential benefits are clear: a more just and equitable housing market that works for all Americans.