Soaring rents and few options have made it hard for average people to live in the city. Even “affordable” units often cost too much. By Mihir Zaveri This is The Housing Crunch, a five-part series on ...
The high cost of housing is driving Southern California’s biggest challenges. Income is not keeping pace with housing costs. It hasn’t for at least two generations, and the problem of unaffordable ...
The U.S. is in the midst of a housing supply crisis, with rents skyrocketing and the number of first-time homebuyers who can qualify for a mortgage on even a starter home shrinking. Who is to blame ...
An increasingly national problem has consequences for the quality of American family life, the economy and the future of housing politics. By Emily Badger and Eve Washington San Francisco, Los Angeles ...
LAS VEGAS — James Watts, a third generation Las Vegan, and his partner, Lauren Tuvell, just fulfilled a dream that currently might feel out of reach for many long-time Nevada residents. They bought a ...
Defining affordability as 30% of gross pre-tax monthly income doesn't capture a true picture of family budgets. Affordability is a qualitative relationship to price; the price might be the same, but ...
An affordable housing project proposed to be built on the Neighborhood Congregational Church property will now include 29 ...
In reporting on the housing crisis, I often hear some version of a simple story purporting to explain why so many Americans struggle to afford a place to live. The story goes like this: Housing costs ...
Help may not be on the way for first-time homebuyers frustrated by high mortgage rates and even higher home prices. Economists at Bank of America warned this week that the US housing market is “stuck ...
It’s been more than six years since Irvine, California, banned short-term rentals ­— and the city’s mayor hasn’t looked back. “It’s been great,” said Farrah Khan, mayor of Irvine, which is a city of ...
Housing bubbles are sharp price increases driven by a temporary surge in demand that isn't rooted in basic fundamentals. Fundamentals are determined by the factors that affect supply and demand, such ...