Rentity @RentityOps

🚨🚨BREAKING NEWS Rent inflation in Canada surges again to 40 year HIGHS at 8.9% YoY (chart below) STATS CANADA LEFT THIS ENTIRELY OUT OF THEIR RELEASE TODAY! Canada is experiencing deflation and high unemployment with surging rent inflation. THIS IS INCREDIBLY DANGEROUS!

💰 @OpenZkNetwork raises $6M in a funding round #OpenZK secures $6M in a funding round from @animocabrands, @CoinstoreExc and Soverign Trust. OpenZK Network is a #Layer2 solution based on Zero-Knowledge Rollup technology, designed to address the scalability, cost, and…

💰 @blackbird_xyz raises $50M in a Series B funding round #Blackbird secures $50M in a Series B funding round led by @sparkcapital, with participation from @cbventures, @a16zcrypto, @usv and Amex Ventures. Blackbird Labs is a loyalty, memberships, and payments platform that…

$2.55B in federal financing will help build 4,831 new rental homes in Toronto—including 1,075 “affordable” units. This agreement is a start—but it’s not enough. Without tenant protections like rent and vacancy control, affordability won’t last. buff.ly/blUCRVn

📊Data doesn’t lie: Toronto & Vancouver are unaffordable! Home affordability of 25 cities in 🇨🇦 & 🇺🇸 (Oct 2024): 1️⃣ #ToRe, #VanRe & Los Angeles are least affordable! 2️⃣ Higher income taxes: Using disposable income (vs gross) makes affordability look even worse for 🇨🇦…

$2.5M Raised to Turn American Homes into Onchain Assets Manifest secured a pre-seed round from @vaneck_us, @lattice_fund, @CompoundVC, @SALTConference, and is accelerated by @alliancedao and @CV_Labs. The funding supports the launch of $USH, a tokenized real estate asset, and…

Last week @ManifestFinance announced their pre-seed round co-led by us @lattice_fund and @vaneck_us. We got the scoop on what they are building: - What institutions are actually saying about crypto - Why past attempts to bring RE on chain have failed - What are Home Equity…

WATCH: Chair @USRepMikeFlood delivers opening remarks at the Subcommittee’s hearing on “Increasing Housing Supply in America.” "This housing affordability challenge affects everyone. Young people saving up to buy their first home are renting for longer, middle class workers are…

US housing affordability has never been worse: Median monthly housing costs in the US hit a record $3,104 in January. Housing payments have almost DOUBLED over the last 5 years. Average mortgage principal and interest payments reached $2,237/mo with property taxes of $416/mo.…

🏠💰 Did you know? Over 17 million Americans spend HALF of their income on rent! 😲 Housing affordability is a big conversation—what are your thoughts? #HousingCrisis #RealEstate #RentVsBuy #CompassDMV #TheHalemGroup

US housing affordability is worse today than the peak of the last housing bubble. The median American household would need to spend a record 47% of their income to afford the median priced home for sale. bilello.blog/newsletter