Home Ownership
The perfect storm — are you ready?
Sandbags, flooded crawl spaces, pumping stations, rubber boots — they’re common sights in 2017 for residents of Toronto’s Ward’s Island. But for many …
Canadian News16 US cities where incomes can't keep up with housing costs
One-third of Americans overpay for housing, spending more than the recommended 30% of their income on rent or homeownership expenses.<p>While that group likely includes residents of the country's most expensive housing markets — looking at you, San Francisco — it's not just them.<p>In fact, according to …
HousingAt 25 years old, this teacher is a study in disciplined saving
With a $70,000-a-year teaching job and some savings under her belt, Helen wants to map out her financial future, from buying a car to retiring one day. She’s 25, single and living in Alberta.<p>Helen’s other goals include going back to school for a Master’s degree in education, buying a place of her …
RetirementWhy It's a Good Time to Own Rental Property | Investopedia
The turnaround in the housing market since the Great Recession has gone too far for many Americans. A just-released report from Washington, D.C., …
Real EstateLife at the bottom... 10 years on
Almost a decade after the collapse of Lehman Brothers living standards for many across the West have yet to return to pre-crisis levels. The initial …
Social JusticeDoes the American Dream no longer include home ownership?
While it has no official definition, the American Dream has always been the notion that citizens of the United States can better their lot in life through hard work. That encompasses the idea that hard-working kids of hard-working parents would have a better life than the previous generation and …
HousingHow To Avoid PMI When Buying A Home
PMI stands for private mortgage insurance. It’s an insurance policy your lender will take out to cover a portion of the amount you borrow in case you …
MortgagesHow I found the 350-square-foot studio apartment I didn’t know I wanted
With help and luck, a writer trades rental life for homeownership<p>Eighteen months ago, a random fire consumed my one-bedroom apartment in Manhattan’s West Village. Thankfully, I wasn’t home; a blogging side gig had taken me to upstate New York.<p>After an unexpected phone call, I rushed back to the …
Grand Central StationThe false promise of homeownership
The sacrosanct status of homeownership, and of the public policies that sustain and encourage it, is one of the rare points of agreement across the political spectrum today. The 2016 Democratic platform promised to ensure that “everyone has a fair shot at homeownership.” President Trump proclaimed …
HousingWhy black homeownership rates lag even as the housing market recovers
A decade after the housing crash destroyed the American Dream for millions of homeowners, black homeownership rates have dropped to levels not seen since the 1960s, hobbling African-Americans' efforts to build their wealth.<p>Nationally, only 42.2 percent of blacks owned homes in 2016, compared with …
BusinessThe tax trap: why a 70k family isn’t much wealthier than a minimum wage family
Among the many points of contention that arose during the election was Labour’s declaration that people earning more than £70k would be expected to contribute more in taxes should Jeremy Corbyn become Prime Minister. Fair enough, you might say – £70k is more than double the average wage.<p>However, …
HousingIf home ownership continues to shrink, the retirement system is in trouble
Fewer Australians own homes than ever before. But a combination of economic factors make it hard for the Reserve Bank to move on interest rates<p>Greg Jericho is a Guardian Australia columnist<p>One of the more quirky aspects of economic debate in this country is how much attention is focused on interest …
HousingIt’s Not The Avocado Toast: Federal Reserve Finds Student Debt Reducing Millennial Home Ownership
In May, a Melbourne-based real estate mogul’s claim that millennials would be able to afford homes if only they cut back on discretionary expenses …
HomeFed report says tuition increases hurt later homeownership
Zaid Jilani of the <i>Intercept</i> points me to an interesting Fed study on the effect of rising university tuition. The authors make use of the fact that …
Liberal POVBlack Homeownership in Major Cities Decline.
Like<p><b>Like</b> <b>Love</b> <b>Haha</b> <b>Wow</b> <b>Sad</b> <b>Angry</b><p><b>1</b><p>(<b>ThyBlackMan.com</b>) For the 12th consecutive year, America’s national homeownership rate has declined, according Harvard …
MortgagesHere's the 1 thing Americans regret most about homeownership
While the sentiments around homeownership are usually positive, there are still some things that Americans wish they could do over.<p>A new survey from Trulia is breaking down the biggest regrets people have about their current home or the process they went through when choosing it.<p>Want to learn from …
HousingWhat 44 million people are doing to make their financial lives better
Congratulations! You (and your wallet) made it through Amazon Prime Day.<p>If you're still recuperating from the shopping hangover, we've got your back. Here's all the money news you need to know:<p><b>44 MILLION AMERICANS HAVE A SIDE HUSTLE</b><p>Feel like every day you're hustling, hustling? Yeah, you're not …
Money'Cruel and immoral:' One million homes left empty across Australia
Australia has 200,000 more homes sitting empty than it had a decade ago, new figures show, despite the country grappling with a housing supply …
Real EstateDublin homeowners encouraged to rent rooms to students
Students' Unions are calling on Dublin homeowners to rent out their spare rooms.<p>People can earn up to €14,000 tax free by letting rooms in their main …
News (Ireland)Student Debt Is Hurting Millennial Homeownership
More<p>College tuition hikes and the resulting increase in student debt burdens in recent years have caused a significant drop in homeownership among …
U.S. TreasuryRenting versus buying: which will cost you more?
<b>Buying a home often works out cheaper than renting – but high rent costs and huge deposit requirements are locking first-time buyers out of home</b> …
Real EstateIn Post-Recession America Why Is Homeownership Still Elusive to African-American
Many Blacks struggle to buy homes following the Great Recession of 2008-2009. (Photo by fstop123/Getty Images).Having spent much of her adulthood in …
HousingCHARTS: Home ownership for younger Australians is at 35-year lows
Australian home ownership levels by age. Source: Grattan Institute.<p>Analysis of the latest Census data by the Grattan Institute has revealed that …
HomeHomeowners’ Top Smart-Home Security Concern: Did I Lock the Door?
Lead with this on your next security pitch. Smart-home security survey by Wakefield Research and Schlage find that 75% of Americans second-guess …
AutomationExclusive Homeowners risk 'wasting their time' recycling because of confusion over what can be recycled
Homeowners risk “wasting their time” recycling after it emerged that nine in 10 people are making mistakes which mean their bottles, cans and paper may be going straight to landfill.<p>Research by Wrap, which is funded by eight Government bodies and departments, found a “lack of knowledge or …
RecyclingMillennials Are Making This Huge Mistake When Buying a Home, Say HGTV's 'Property Brothers'
Listen up, millennials.<p>Jonathan Scott and Drew Scott, co-stars of HGTV's "Property Brothers," have some advice for you.<p>"Never be desperate to get …
Investing8,451 Staten Island homeowners getting $115 off water and sewer bill
"We are putting water rate relief directly into the hands of low-income homeowners and senior citizens across the city," de Blasio said,
Bill de BlasioWhy high house prices will hurt in retirement
Deutsche Bank's chief economist Adam Boyton asked in a recent report, <i>Does the Reserve Bank of Australia's cash rate look too low in the wake of the</i> …
Reserve Bank of AustraliaDo Home Ownership Changes in the U.S. Trigger a Property Tax Reassessment?
It depends on the state and the buyer’s circumstances<p><i>Every week, Mansion Global poses a tax question to real estate tax attorneys. Here is this</i> …
Real EstateRising student debt locking out U.S. millennials from home ownership: Fed
NEW YORK (Reuters) - The struggle for young Americans to get a place on the U.S. property ladder is intensifying.<p>A new report issued Thursday by the New York Federal Reserve found that up to 35 percent of the recent dramatic decline in home ownership can be explained by the rising piles of loans …
News (U.S.)