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The economy of Indianapolis is centered on the City of Indianapolis and Marion County within the context of the larger Indianapolis metropolitan area. The Indianapolis–Carmel–Anderson, IN MSA, had a gross domestic product (GDP) of $134 billion in 2015.
The rental vacancy rate is an economic indicator which measures the percentage of rental homes or commercial spaces that are vacant. Residential vacancies [ edit ]
In 2021, the gross domestic product of the Indianapolis metropolitan area was (USD) $162.1 billion, among the 30 largest metropolitan economies in the U.S. [4] In 2021, the Indianapolis metropolitan area was home to three Fortune 500 companies and six Fortune 1000 companies. [9] The largest public companies based in the Indianapolis ...
Rent control laws have stayed on the books for decades in New York because of an inadequate supply of "decent, affordable housing". [36] The worsening in the rental market led to the enactment of the Rent Stabilization Law of 1969, which aimed to help increase the number of available rental units.
Only in designated regions with a strained housing market, the rental price at the beginning of the rental agreement are capped by law. Increases in the rental prices throughout the duration of a rental contract are required to follow a "rent level" (Mietspiegel), which is a database of local reference rent prices. This collects all rent prices ...
"The average rental unit is $1,200 a month, and that's just absurd," Ross said. "A lot of people are working two or three jobs to show they can make three times the amount of rent to get an apartment.
Imputed rent is the rental price an individual would pay for an asset they own. The concept applies to any capital good, but it is most commonly used in housing markets to measure the rent homeowners would pay for a housing unit equivalent to the one they own. Imputing housing rent is necessary to measure economic activity in national accounts ...
Rental value is the fair market value of property while rented out in a lease. More generally, it may be the consideration paid under the lease for the right to occupy, or the royalties or return received by a lessor ( landlord ) under a license to real property . [ 1 ]