Local governments are trying to create housing that is permanently affordable by investing directly in construction. They are rewriting how housing programs have traditionally operated.
Category: Cost of Living and Affordability
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The Return for These Investors Isn’t Money, It’s More Affordable Housing
The New York Times – Business: -
These Countries Embrace E.V.s to Avoid Oil Price Shocks
The New York Times – Business:People in Costa Rica and other Latin American, Asian and African countries are increasingly buying electric vehicles to avoid spiking fuel prices.
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Thousands of EV Car Leases Are Ending Soon, Giving Buyers a More Affordable Option
The New York Times – Business:The leases on hundreds of thousands of battery-powered cars and trucks will end in the next three years, and many will end up on used-car lots.
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Congress May Finally Recognize That Mobile Homes Aren’t Really That Mobile
The New York Times – Business:An obscure federal rule requires manufactured homes to be built on a chassis, making them more costly. A bill in Congress would remove the mandate, enacted five decades ago.
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Are Democrats Becoming a Party of Tax Cuts?
The New York Times – Business:As Democrats try to find a way back to power in Washington, some see tax cuts as a quick and easy way to address affordability. The wonks are freaking out.
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You Have Some Options for Dealing With Rising Property Taxes
The New York Times – Business:The average bill rose 3 percent last year, in part because of higher tax rates. There are ways to try to reduce what you owe, experts say.
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How New Yorkers Spend, Splurge and Scrimp to Live in the City
The New York Times – Business:Eliza Shapiro, who reports on New York City’s affordability crisis, asked hundreds of residents to get candid about their finances.
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Tesla Sales Rise as $4-a-Gallon Gas Revives Interest in E.V.s
The New York Times – Business:The repeal of tax credits last year sent electric vehicle sales plummeting. But with gas prices soaring, consumers are taking another, cautious, look.
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The U.S. Economy Is Insulated From High Oil Prices. Americans Aren’t.
The New York Times – Business:The overall economy has proved resilient in recent years, even as many households have struggled. The war with Iran is following the same pattern.
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U.S. Mortgage Rates Rise, Undercutting Housing Affordability Push
The New York Times – Business:Mortgage rates fell below the critical 6 percent threshold just a couple weeks ago. But they’re climbing again as new inflation concerns have roiled financial markets.
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How to Afford Housing in London: Multiple Roommates, No Living Room
The New York Times – Business:High prices have pushed more Londoners to live with roommates well into their late 20s and 30s — if they can afford to move out of their parents’ homes at all.
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Trump Directs Iran War Keeping Markets Top of Mind
The New York Times – Business:President Trump again demonstrated his desire to keep the stock markets aloft when he suggested U.S. attacks on Iran could end soon.