BBC: What Are The Parties Saying About Housing? – Your Questions

BBC, June 21, 2024, What Are The Parties Saying About Housing? – Your Questions One of the biggest issues for voters in this election is housing – and the parties are fully aware of this. When pressed by the BBC’s Nick Robinson, Prime Minister Rishi Sunak admitted that owning a home has become more difficult. There […]

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Reuters: US Single-Family Housing Starts Fall In May

Reuters, June 20, 2024, US Single-Family Housing Starts Fall In May Single-family housing starts, which account for the bulk of homebuilding, declined 5.2% to a seasonally adjusted annual rate of 982,000 units last month, the Commerce Department’s Census Bureau said on Thursday. Data for April was revised higher to show single-family starts rising to a

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The New York Times: The Housing Market Is Weird And Ugly. These 5 Charts Explain Why.

The New York Times, June 20, 2024, The Housing Market Is Weird and Ugly. These 5 Charts Explain Why. When the Federal Reserve began raising interest rates in 2022, most economists thought the housing market would be the first to suffer the consequences: Higher borrowing costs would make it more expensive to buy and to

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The Olive Press: Barcelona Will Eliminate All Tourist apartments In 2028 Following Local Backlash: 10,000-Plus Licenses Will Expire In Huge Blow For Platforms Like AirBnB

The Olive Press, June 21, 2024, The Olive Press: Barcelona Will Eliminate All Tourist apartments In 2028 Following Local Backlash: 10,000-Plus Licenses Will Expire In Huge Blow For Platforms Like AirBnb In a major win for anti-tourist activists, Barcelona’s socialist mayor Jaume Collboni announced on Friday that licenses for 10,101 tourist apartments in the city

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AP News: Yellen Announces Efforts To Boost The Housing Supply As High Prices Create A Crunch

AP News, June 24, 2024, Yellen Announces Efforts To Boost The Housing Supply As High Prices Create A Crunch The Biden administration announced new steps to increase access to affordable housing as still-high prices on groceries and other necessities and high interest rates have dramatically pushed up the cost of living in the post-pandemic years. Treasury Secretary Janet

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CNN: Renters Are Struggling More Than Homeowners In America’s Tough Housing Market, Report Says

CNN, June 23, 2024, Renters Are Struggling More Than Homeowners In America’s Tough Housing Market, Report Says Homeowners in America aren’t the only ones struggling with an unaffordable housing market. Renters are also bearing the brunt. A report from Harvard University’s Joint Center for Housing Studies released last week showed that both homeowners and renters in recent

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NPR: Home Prices Just Hit A Record High. Here Are 4 Things To Know About Housing

NPR, June 22, 2024, Home Prices Just Hit A Record High. Here Are 4 Things To Know About Housing It’s a tough time to buy a home. Home prices jumped to a record high last month, according to data out this week. Elevated mortgage rates kept many would-be buyers and sellers on the sidelines —

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Wilkes Journal-Patriot: Vaya Celebrates First 100 Impacted By Program

Wilkes Journal-Patriot, June 19, 2024, Vaya Celebrates First 100 Impacted By Program Last month, Vaya joined organizations across North Carolina in announcing the statewide launch of the Healthy Opportunities Pilot (HOP) Program. A little over a month since the start of the program, Vaya hit a milestone — more than 100 members enrolled and approved

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Gothamist: ER Visits Plummet At Housing Program For Vulnerable New Yorkers After Nurses Are Hired

Gothamist, June 24, 2024, ER Visits Plummet At Housing Program For Vulnerable New Yorkers After Nurses Are Hired In 2015, a nonprofit that helps house hundreds of New Yorkers who have a mental illness or are homeless began hiring nurses to handle non-emergency and preventative care. As a result, avoidable visits to hospital emergency rooms

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The New York Times: Fearing Losses, Banks Are Quietly Dumping Real Estate Loans

The New York Times, June 24, 2024, Fearing Losses, Banks Are Quietly Dumping Real Estate Loans Some Wall Street banks, worried that landlords of vacant and struggling office buildings won’t be able to pay off their mortgages, have begun offloading their portfolios of commercial real estate loans hoping to cut their losses. It’s an early

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The Hill: Housing Is ‘Impossibly Unaffordable’ In These US Cities

The Hill, June 24, 2024, Housing Is ‘Impossibly Unaffordable’ In These US Cities Five U.S. cities are considered “impossibly unaffordable” when it comes to housing, placing them among the most expensive markets in the world, according to a new study. Researchers at Chapman University and the Frontier Centre for Public Policy in Canada analyzed 94 major cities in

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NPR: As Millions Struggle With Home Prices, Housing Becomes A Top Issue For Voters

The Hill, June 24, 2024, As Millions Struggle With Home Prices, Housing Becomes A Top Issue For Voters Melissa Williams says she did everything right. She has a college degree, a decent income working in accounting and no debt. Williams, who’s 38, expected to be a homeowner by now. But when she started looking at houses

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Gothamist: New York Warns Insurers To Stop Discriminating Against Renters With Housing Aid

Gothamist, June 24, 2024, New York Warns Insurers To Stop Discriminating Against Renters With Housing Aid New York state’s insurance regulator is warning companies that they can’t deny coverage to property owners because they rent to low-income tenants or residents with government housing subsidies. The state’s Department of Financial Services began sending letters today to

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Rise Economy: Photo Essay: The High Cost Of Bank Branch Closures

Rise Economy, June 12, 2024, Photo Essay: The High Cost Of Bank Branch Closures A well-worn and frayed couch sits alone in an overgrown lot, a few feet away from a fallen chain-link fence. In the background, is a large and vacant house. In a nearby neighborhood, a homeless population builds a community in front

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CFPB: CFPB Takes Action Against Repeat Offender Freedom Mortgage Corporation for Violating Law Enforcement Order And for Housing Data Errors

CFPB, June 18, 2024, CFPB Takes Action Against Repeat Offender Freedom Mortgage Corporation for Violating Law Enforcement Order and for Housing Data Errors The Consumer Financial Protection Bureau (CFPB) today filed a proposed order that would require Freedom Mortgage Corporation to pay a $3.95 million penalty for submitting error-riddled mortgage loan data to federal regulators. In October

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