New York City is having a real rent crisis.
But as a result of a $1.2bn bond issue, its housing stock is far less affordable than it was before.
The bond issue was approved in March by New York state voters, who say the state needs more revenue to provide more affordable housing.
The deal allows for the city to raise rents by 5 per cent and provide up to $1,000 in additional rent relief.
It also allows the city government to increase the maximum number of units that can be built at the time of the bond’s issuance, to 15,000.
But as the ABC’s Ben Jacobs reported in a series of stories last year, the number of affordable housing units in New York is nowhere near what it once was.
For a start, many of the units are occupied by people who have been out of work for years.
New York has also been struggling to meet demand for new construction.
In the last few years, new construction has fallen off sharply.
While the amount of new construction was falling, the amount paid out in rent increases is still quite high.
Last year, developers in New Jersey and Pennsylvania were given an extra $1bn in bond funding to build projects for the 2020 construction season.
With rents already high, the city is now in danger of becoming unaffordable for some renters.
“You could see a lot of folks on a tight budget,” New York Mayor Bill de Blasio said.
The bond issue also comes amid a push by the state to overhaul its public housing system, which is facing a backlog of over 100,000 housing units.
The state has also announced plans to build a $3bn “Smart-Home Capital Fund” to help the city address the housing crisis.
The money would be used to build more housing in areas that are already full.
Queensland has also faced a housing crisis and is now seeking to spend a further $1tn to build 400,000 more homes.
The latest proposal is to create a national “housing tax credit” to encourage states to build on existing housing stock.
So far, the money has not been used to fund any major upgrades.
In Australia, the Government has also released a $2.8bn bond to pay for new housing projects.
But a number of critics say the money will only be used for “rent-seeking” projects, such as a “slum wall” to protect properties.
Auckland has also raised the prospect of raising rents in some areas.
Rents are already high in Auckland.
But with the city’s rental market set to remain at record levels for decades, the government has to plan for further rent increases.
Meanwhile, Melbourne has been hit by a similar bond issue.
While the Government is now looking to reduce rents in the CBD, the increase will only apply to residential properties in the city centre.
What can you do about it?
If you have a rent increase to report, or you are having a problem paying your rent, you can talk to your landlord about it.
You can also contact the New York Public Housing Authority, which regulates the city.
The authority says it will not issue rent increases in residential buildings.
The agency says it has issued hundreds of notices of rent increases to landlords, and will not increase the rent of residential tenants.
If you live in Auckland, the National Rent Control Network says it wants to help you by providing rent information and tips.
The organisation says it does not take responsibility for rent increases and is unable to increase rent.
Other housing experts agree that the New Zealand system is not in crisis.
And the government is not the only one to face a housing crunch.
Australia has been struggling with the same issues for decades.
Since the mid-1990s, more than 50,000 properties have been affected by the issue of “rent control”.
But the government still manages the rent controls by setting rent ceilings and allowing landlords to charge tenants what they think is fair.
Despite the tough times in New Zealand, the housing boom is still going strong.
A recent report from real estate company Macquarie found the number and cost of rental properties in Auckland increased by more than 10 per cent in the first half of this year, while prices rose by 3 per cent.
It says that despite the recent housing boom, Auckland’s housing market is still not strong enough to absorb the expected influx of rental income.
We are in the midst of an unprecedented period of real estate development.
This will take years to recover from, and in the meantime we are seeing rents rise rapidly in some of our most popular areas.
The New Zealand government has already begun to implement rent control measures, including restricting the number or types of buildings in certain areas and prohibiting new building in certain locations.
This means that many rental properties are being sold to people who are willing to pay higher rents.
That could have an