Rising Costs for Rental Owners — Please Tell Us Your Experience

We are aware that operating costs have been rising for rental property owners. If you could please answer the questions below, it would help us with our data collection.

  1. Approximately what percent did your property taxes increase in 2024?

  2. Approximately how much did your property insurance increase in 2024? If you did not increase your deductible, how much would your increase have been? 

  3. Approximately how much did your water and sewer increase in 2024?

  4. There is a push to make rental property owners pay broker fees rather than tenants. Would you prefer to pay these agents to show and rent your apartment in all cases? 

  5. Where do you see the rental market headed over the next year?

  6. How much have your interest expenses increased where a loan repriced?

Responding to this message will help us advocate for you when speaking to elected officials on Beacon Hill. Please email your responses to askspoa@gmail.com.

 

by Allen Hebert

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Massachusetts Leaders Must Confront Attitude Towards Housing Providers for Existing Rental Supply to Survive