American households lost about $6.8 trillion in wealth over the first three quarters of 2022 as the stock market SPX, -0.73% DJIA, -0.90% COMP, -0.70% shed more than Read more
Tag: Affordable/Social Housing
‘The fever appears to be breaking’: High rents are still contributing to U.S. inflation, but growth is slowing
Inflation may be easing, but October’s 7.7% increase in the U.S. consumer-price index compared with a year earlier was still being driven largely by higher shelter costs. Consumer prices rose Read more
What the midterm elections mean for your taxes, inflation, living standards, and stock portfolio
During the midterm elections, personal finances were on the ballot. In addition to considering what the array of candidates could do to bring relief to high prices, voters considered ballot Read more
‘It’s kind of a perfect storm in those markets’: Rent growth is declining in these Sunbelt cities
The Sunbelt’s hottest pandemic rental markets are chilling out. The Sunbelt — a region that includes the southeastern and southwestern U.S. states— hosted many of the country’s fastest-growing markets for multifamily Read more
Home buyers are looking a lot older — and whiter
The characteristics of first-time home buyers are shifting as homeownership grows more unaffordable and out of reach for many, the new annual report says. The share of first-time buyers in Read more
Move over Florida — Pennsylvania dominates ‘Best Places to Retire’ rankings
Sure, Florida still has some allure for retirees, but Lancaster, Pa. nabbed the top spot for the best retirement destination amid concerns about housing affordability. According to U.S. News & Read more
This chart shows the widening gap between renters’ wages and their housing costs. Here’s what can be done to help.
For years, there’s been a gap between renters’ housing costs and their incomes. And it got even worse during the pandemic, when rents soared and earnings stagnated. That’s according to Read more
Renters’ ‘political mobilization’ could influence the midterm elections and California reparations push could give Black residents hundreds of thousands of dollars — here’s what they say they would do with it
Hi, MarketWatchers. Don’t miss these top stories. Property appraisers valued an interracial couple’s home at $310,000 when they met the Black homeowner — but gave their white partner a $350,000 Read more
There are 40 million renters in America. Their ‘political mobilization’ could influence the midterm elections.
Forty-four million households rent in the United States — but are politicos treating those tenants as an influential voting bloc? Renters have historically been less likely to vote when compared to Read more
Opinion: Building subsidized low-income housing actually lifts property values in a neighborhood, contradicting NIMBY concerns
Building multiple publicly subsidized low-income housing developments in a neighborhood doesn’t lower the value of other homes in the area—and in fact can even increase their worth, according to a new Read more