Housing

Ben Carson is proving to be the bizarre and incompetent Secretary of Housing and Urban Development we expected him to be

Nothing like getting thrown out on the street with 2 kids and a $7.25-per-hour job to give you the tools to achieve<p>Since neurosurgeon and former Republican presidential candidate Ben Carson was sworn in as secretary of the Department of Housing and Urban Development on March 2, we’ve barely heard a …

U.S. Secretary of Housing

Tenants Offered Buyouts Are Left in the Lurch

The tale of the lease buyout is almost mythical in New York.<p>It goes something like this: A tenant with the good fortune of a rent-regulated apartment in a hot neighborhood negotiates a six- or even seven-figure payout in exchange for the keys. On the surface, a buyout may look like a sweetheart …

Real Estate

FINAL INFOGRAPH

U.S. Secretary of Housing

The Nation’s Healthiest and Unhealthiest Housing Markets

Nobody can dispute that the housing market has come back, despite the doomsday case laid out by some economists after it peaked in 2006, then crashed …

Real Estate

Ontario housing plan to beat down prices next year: TD

Briefing highlights<p>TD cuts home price outlook<br>• What to expect in U.S. GDP report<br>• What to watch for on Canadian GDP<p>TD cuts home price outlook<p>Toronto-Dominion Bank has cut its short-term outlook for home prices in Toronto and across Ontario in the wake of the province’s measures to cool down its …

Real Estate

A call to action: how you can help solve America’s homelessness crisis

All of us have read an inspiring or heart-wrenching article and thought, What can I do to help? With Outside in America, we are pioneering a solution<p>Two months ago the Guardian launched Outside in America, a groundbreaking reporting project on the country’s homelessness crisis. Funded by the Bill …

Philanthropy

Average 30-year mortgage rate rises to 4.03 percent

WASHINGTON – Long-term U.S. mortgage rates rose this week for the first time in five weeks. The benchmark 30-year rate pushed back above the key threshold of 4 percent.<p>Mortgage buyer Freddie Mac said Thursday the average rate on 30-year fixed-rate home loans increased to 4.03 percent from 3.97 …

Freddie Mac

Every U.S. County Has an Affordable Housing Crisis

This is a problem that transcends the rural-urban divide.<p>The affordable housing crisis has spared no county—rural or urban. From small towns like Traverse City, Michigan, to big expensive cities like San Francisco, a cheap and decent place to live is hard to come by. And it would be even harder …

Affordable Housing

How should Boston solve its chronic housing shortage?

Sound off<p>It’s no secret that one of the main reasons—if not <i>the</i> main reason—that Boston real estate prices are so high is because of a chronic housing shortage (ironic, we know, given the pace of new construction).<p>There simply are not enough apartments, condos, and houses to go around. This reality …

Boston

Nearly 900 affordable housing program apartments sit vacant

The city has left nearly 900 apartments vacant in one of its affordable-housing programs — a situation that Mayor de Blasio said on Thursday leaves …

Affordable Housing

Logan Square and West Town leading city in demolition permits for 2017

Developers are knocking down older buildings faster in these two neighborhoods than any others in Chicago<p>As the discussion about gentrification in neighborhoods like Logan Square and Pilsen hits fever pitch, new data helps to illustrate just how much change is going on in quickly developing …

Chicago

This Is Why Labour's Ambitious Council House Plans Will Be Tricky To Pull Off

Labour is pledging to build 1 million homes, half of which would be council or housing association homes – but construction is not a simple business.<p>Posted on April 27, 2017, 17:15 GMT<p>BuzzFeed News / Matthew Tucker<p>The condemned Robin Hood Gardens council estate in east London, built in 1972 to …

Referendums

Ontario budget 2017: Toronto gets new taxes, but not the big bucks it was looking for

Mayor John Tory’s call for money for social housing repairs goes unanswered<p>Toronto will be able to tax both hotels and vacant properties thanks to …

Social Housing

LA wants to keep better track of its affordable housing

The City Council wants better tenant protections and a database of affordable units<p>The Los Angeles City Council passed a series of motions Wednesday aimed at protecting tenants and preserving the city’s precarious stock of affordable housing.<p>Councilmember Jose Huizar, who introduced the measures, …

Affordable Housing

Republicans increasingly optimistic about housing finance reform

WASHINGTON — While lawmakers have grown increasingly pessimistic about the chances to significantly revamp the Dodd-Frank Act, they are hopeful that …

Freddie Mac

B.C. political parties make promises for affordable housing

With housing affordability rating as a top election issue for B.C. voters, political parties have offered a number of promises to tackle …

Vancouver Real Estate

Terraces come up trumps as buyers leave big houses behind

Terraces are now trumping apartments as the favourite for many downsizers.<p>“A terrace gave us enough space and privacy and also we have pets as well,” …

Architecture

House prices fall in Sydney for first time in 18 months

Sydney house prices are set to suffer their first fall in 18 months, new figures show, in the wake of of strong action from regulators designed to …

House Prices

Community is an empty word if my parishioners increasingly live in China

Foreign-owned, unoccupied apartments are turning my part of London into a ghost town. And our politicians seem powerless to act<p>Few words get more bandied about at election time than the word “community”. It used to refer to the social togetherness contained within a particular geographical area. …

Cities

What you need to know about NYC's new budget

This week, Mayor Bill de Blasio released a proposed fiscal 2018 executive budget, which is chock-full of initiatives, spending plans and strategies …

New York City

Neighbour writes hilarious 25-page objection to huge development near his home - describing the plans as "bovine excrement"

A witty resident has written a 25-page satirical objection to huge housing development near his home - referring to the plans as "bovine …

World War II

Grand Designs: Kevin McCloud on how innovative DIY can help solve the housing crisis

Kevin McCloud has an idea. He wants to film future series of Channel 4’s Grand Designs with no background music. He imagines utter silence as the camera focuses on his hand running along a rough reclaimed brick wall or tapping a cool granite worktop, allowing the new house to speak for itself.<p>“My …

$77M Midtown project to create 335 residential units, retail

A vacant site of a former recreation center in Detroit will be transformed into a 7-acre, mixed-use development dubbed Midtown West that will bring …

Detroit

'Naked homes' tap into the horror and desperation of housing need

Downgrading homes until they’re cheap enough isn’t an answer to the housing crisis. We need an increase in council borrowing and building – not gimmicks<p>They’re called “naked homes” – the spartan, no frills apartments that have won the backing of London’s mayor Sadiq Khan. Plans reveal that they …

Home Ownership

Put up a parking lot? Condo slump raises questions about vacant properties

Residents and city fighting developer illegally using condo land as BMW parking lot<p>Gary Davis isn't your typical NIMBY complainer.<p>Intensification? …

Toronto

Airbnb Battles Haters in D.C. Over Affordable Housing

An anti-Airbnb television ad has sparked a wild battle between the San Francisco-based home-sharing platform and a grassroots political organization.<p>Share Better D.C., a coalition that includes politicians and the hotel industry, released an ad depicting a woman who describes herself as a long-time …

Sharing Economy

Artist Collective Forcibly Evicted From Bernal Heights Warehouse

Eight tenants of a two-story Peralta Avenue warehouse at 992 Peralta Avenue (near Tompkins) in Bernal Heights have been evicted, KRON4 reports.<p>The …

San Francisco

Trump Just Created a New Enemy for America’s Housing Market

Americans of all political persuasions and economic strata can agree that policies that support affordable homeownership and housing are laudable and …

House Prices

Treasury analysis on foreign buyers points to a rapidly cooling housing market

The number of foreign investment applications for residential housing is falling from from 40,000 last year to an expected 15,000 this year according …

Real Estate

Five things to know about the Ontario budget

<b>5 things you need to know about Pharmacare</b><p>– Everyone 24 years of age and under qualifies, which amounts to roughly 4-million Ontarians.<br>– There will …

Affordable Housing