Tag: Housing Crisis
-
Voters Tell Candidates: Act on Housing Affordability Now!
With absentee ballots already issued in Alabama, early voting has started. The Center for Popular Democracy ran a survey, and 84% of voters in swing states say housing is a big deal as they fill in their ballots, The Financial Times reports. So, does the 2024 election runup bring us hope that people will soon…
-
NIMBY or YIMBY? Here’s Where People Stand on Rezoning for More Housing.
The United States sorely needs to make homes affordable for more people. Millions of households are financially fenced out from acquiring their own deeds. Local and state policy makers are under pressure to allow higher density in residential neighborhoods, in order to ease the housing shortage that takes a particular toll on working people,…
-
We All Deserve a Home, But Corporations Outbid Some of Our Friends.
Corporate buyers are snapping up residential properties in Massachusetts and pushing out long-time residents, according to a report by the news outlet 25 Investigates. These investment companies form a complex network, making it nearly impossible for individuals and towns to hold them accountable.
-
Condo Bubble? What’s Going On in Florida Now?
Florida is a snowbird’s paradise. It’s no surprise that condos make up a major portion of the market. Recently, though, Florida condos are presenting specific challenges. They’re getting hard to finance. Home buyers in Florida can expect to put at least 25% down. For coastal homes, which lenders consider risky, the expected down payment can…
-
State of the Home Buyer: White House Promotes New Set of Tax Credits
Housing affordability remains out of reach for many in the U.S. population today. What’s the matter? Joe Biden’s March 2024 State of the Union address laid out the latest plan to help. Here’s an update on the issue, and how the administration intends to deal with it.
-
Affordability Update: Costa Mesa’s Epic Struggle
The commissioners of Costa Mesa, California have agreed to a new affordable housing law. The city of Irvine, also in Orange County, passed one more than two decades ago. And nearby Santa Ana is a serious supporter of affordability. Now, Costa Mesa is trying to follow suit. Friction is inevitable. Regulating for affordability means pitting…
-
Locked Out: Less Than 5% of U.S. Housing Is Accessible to Older, Disabled Residents
Tens of millions of U.S. residents have a problem. There aren’t enough homes for the elderly and disabled population. One in four of us — more than 60 million people — have a disability. And our older adult population is rapidly growing. As a general matter, the United States needs something between 3 million and…
