Housing

ZeroHedge News
View In: HousingIs Housing A Bubble That's About To Crash? Authored by Charles Hugh Smith via OfTwoMinds blog, We are all prone to believing the recent past is a reliable guide to the future. But in times of dynamic reversals, the past is an anchor thwarting our progress, not a forecast. Are we heading into anothe...

ZeroHedge News
View In: HousingThese Are The 10 Cities Seeing The Steepest Home-Price Declines Double-digit monthly price growth for the US housing market could soon slow as skyrocketing mortgage rates trigger an affordability crisis that has caused fewer and fewer buyers to bid on homes in some metropolitan areas.  “What goes u...

Jacobin Magazine
View In: HousingSeptember 26, 2021 was a bittersweet date for many Berliners. That day, a groundbreaking referendum to nationalize the properties owned by the city’s largest real estate companies passed with a resounding 59.1 percent majority — sparking jubilant disbelief among residents and housing campaigners acros...

Real Progressives
View In: HousingLook at the organized workers of the Union of Soviet Socialist Republics (USSR) who collectivized and industrialized food production, and ended the seasonal famines that had plagued their countrymen for most of history.

Popular Resistance
View In: HousingOn April 7, the socialist government of Venezuelan President Nicolás Maduro celebrated the delivery of a record 4 million homes to its citizens as part of a social housing program called the Great Housing Mission of Venezuela (GMVV). During a joint radio and television broadcast, President Maduro emphasize...

Counter Punch
View In: HousingThe United States is facing an expanding gap between how much workers earn and how much they have to pay for housing. Workers have faced stagnant wages for the past 40 years. Yet the cost of rent has steadily increased during that time, with sharp increases of 14% to 40% over the past two years. More Th...

The Guardian
View In: HousingWhen squatters occupied Oleg Deripaska’s house in Belgravia, there was no talk of a lack of resourcesDidn’t you love the pictures of a column of Metropolitan police officers running towards Oleg Deripaska’s house like it was a five-storey Greggs? Here they come, trotting with intent, a phalanx of shirt-sleeved...

Truth Out
View In: HousingRegular homebuyers are “competing against the largest private equity firm in the world to purchase a home,” she said.

Truth Out
View In: HousingThe financial difficulties younger Americans face are indicative of deeper problems in the U.S. health care system.

Counter Punch
View In: HousingIf you’re a person of average means, you may have noticed the disappearance of affordable housing. It was bad before covid, when a person earning minimum wage couldn’t rent a one-bedroom apartment in any city in the U.S. But what about middle-income people, home-buyers? Well, melancholy news for the...

Left Voice
View In: HousingSherease Torain and Queen Afua have been forced to fight to keep their home after a case of deed theft. Gentrification is violence. The post Black Brooklyn Family Fights Attempted Eviction — Gentrification Is Violence appeared first on Left Voice.

ZeroHedge News
View In: HousingSoaring Rents Eat Americans' Wage Increases... And Then Some Authored by John Rubino via DollarCollapse.com, US headline inflation exceeded 7% in 2021. But rent increases put the Consumer Price Index to shame, soaring an average of 13.5%. And within that already-brutally-high average, there were som...

ZeroHedge News
View In: HousingSingle-Family Home Rents Surge At Fastest Pace Ever New data from CoreLogic Inc. shows rental prices for single-family homes soared to an all-time high in 2021. This comes as on-time rent collections deteriorates as households are pressured by soaring shelter, food, and energy inflation.  CoreLogic'...

Surviving Tomorrow
View In: HousingThe northern frauds are about to lose all of their smart young peopleContinue reading on Surviving Tomorrow »

Popular Resistance
View In: HousingDaniel Cooper could barely afford a tiny apartment at the 13-story Olume building in downtown San Francisco. But the expansive view from the roof deck captivated him. Raised in a small city in Kentucky, Cooper was struck by the grandeur of the skyline before him, from the soaring heights of Salesforc...

Jacobin Magazine
View In: HousingAfter trying to get an appointment for months, Rene AlexZander and four of his neighbors went to Los Angeles city councilmember Paul Krekorian’s office in December 2021. There, they met with Krekorian and members of his staff to discuss an unprecedented proposal: that the city acquire their buildin...

Popular Resistance
View In: HousingAcross Europe, affordable housing is being pushed farther and farther out of reach. Homes are increasingly owned not by the people who live in them, but by companies who rent them out for profit. Housing is no longer treated as a public good, but as a commodity and vehicle for wealth and investment. I...

Alternet.org
View In: HousingWant to rent a place in Manhattan? Buy a house in the Sun Belt? Live virtually anywhere in the U.S.? That’ll cost you more than ever before.It’s easy to suppose that the reason is another Wall Street movie moment where Gordon Gekko argues for the beneficence of greed. And, yes, that’s part. But the dynamic...

ZeroHedge News
View In: HousingFirst-Time Homebuyer Affordability Worsens As Mortgage Rates Jump Most Since 2013 Taper Tantrum  Housing unaffordability soared to a three-year high and could progressively worsen as the monetary wonks at the Federal Reserve prepare for one of the most aggressive (and possibly most ambitious) rate hik...

Surviving Tomorrow
View In: HousingHow long before they own everything?Continue reading on Surviving Tomorrow »

California YIMBY
View In: HousingWhat happens when Americans can no longer afford to move? A new paper by psychologists Buttrick & Oishi (2021) argues that a U.S. national decline […] The post The Compounding Hazards of Housing Stasis appeared first on California YIMBY.

California YIMBY
View In: HousingA new study by researchers in Helsinki confirms prior research showing that new market-rate housing construction can reduce local rents by making it easier for […] The post It’s Only a Housing Market if You Can Move: Evidence from Helsinki appeared first on California YIMBY.

Popular Resistance
View In: HousingProgressive sections in the city of Amersfoort, Netherlands took to the streets demanding affordable housing on January 30. Activists from various youth & student groups, feminist groups, trade unions and political parties marched for housing rights on the call of #Woonrevolte Amersfoort, a housing right...

The Guardian
View In: HousingOfficials in Woodside – a mansion-filled, tech entrepreneur enclave – claim wildcat land keeps them from building multi-unit homesAt first glance, the town of Woodside may look more like a sprawl of mansions built on big-tech billions than crucial habitat for threatened California mountain lions.Bu...

California Expose
View In: HousingDocumentarian Giorgio Angelini explores the shaky foundation of America’s housing industry. The post Home Is Where the Money Is appeared first on .

San José Spotlight
View In: HousingOverall, 2021 was one of the hottest years for the housing market in a decade. Low-interest rates were the key driver of the market and consumers redefined what “home” meant to them. The pandemic continues to have a lasting impact on the real estate market. We see consumers’ desire for more space an...

Grist
View In: HousingThe U.S. housing market is tight — and 40 percent of rental units are in the path of disaster.

ZeroHedge News
View In: HousingAmericans Are Forming Tenant Unions In Backlash Against Corporate Landlords The resurgent American labor movement is coming for America's landlords. Perhaps taking a cue from the warehouse workers, digital-media employees and Starbucks baristas who have waged high-profile unionization drives over th...

scheerpost.com
View In: HousingOn this week's episode of Redacted Tonight, Lee Camp covers the hidden truth about the Bronx fire that killed 17.

The Guardian
View In: HousingAffordable housing should never have become an asset class for the rich to make returns on investments. Of course this system is brokenIn New York, some things never change. If you die in a fire, it’s always your fault. When a fire started in a heater and ripped down the hallway of an apartment buildin...

Jacobin Magazine
View In: HousingThis year, New York State politics will, in many ways, look radically different. For the first time since 2010, a state legislative session will begin without Andrew Cuomo looming over it. Cuomo, who resigned in disgrace last year, was a remarkably dominant force and the primary roadblock to any sor...

World Socialist Web Site
View In: HousingIn addition to automatically-closing fire doors failing to function properly, violations involving broken or defective fire-retardant material were also recorded.

Truth Out
View In: HousingThe city is blaming a faulty space heater. Housing advocates say it's the lack of safe, affordable public housing.

Truth Out
View In: HousingThanks to Congress's neglect, the backlog of unfunded repair projects has ballooned to an estimated $80 billion.

Popular Resistance
View In: HousingOn 26 September, Berliners voted to expropriate housing from corporate landlords. This referendum became possible after years of struggle to make housing in the city affordable and available to all again. To understand the issue and the movement that led to this vote, Peoples Dispatch spoke to Anisi...

Truth Out
View In: HousingIn places where rental assistance has been slow to be delivered, eviction cases are piling up. No one’s tracking it.

Surviving Tomorrow
View In: HousingHouse prices will continue to soar for the rest of our livesContinue reading on Surviving Tomorrow »

Popular Resistance
View In: HousingIn this episode, I speak with executive director Noni Session about how EB PREC is garnering support to shift real estate ownership from extractive developers into the hands of the BIPOC community in Oakland and the East Bay. She shares the difference between a permanent real estate co-op and land trust...

Inside Climate News
View In: HousingWhen Richard Johnson heard that the Keystone XL pipeline had been canceled earlier this month, he felt a surge of relief. Johnson’s ranch lies directly on the pipeline’s planned route through the sandy plains of eastern Nebraska, and he had been tangling in court with the developer ever since the corporation used eminent domain to […]

View In: HousingThe large municipalities in the Netherlands plan to make wide use of a legislative amendment that will allow them to designate neighborhoods where investors won't be allowed to buy cheap and medium-priced homes and rent them out, NOS found after surveying the municipalities.  This legislative amendment is expected to take effect on January 1. The intention is to give people looking for a home a better chance of finding one on the tight Dutch housing market. Last year, a third of all homes sold in the four large cities were bought by investors. 

The Daily Poster
View In: HousingDemocrats received a million dollars from a real estate mogul just before failing in their “relentless campaign” to extend a lifeline to struggling renters.

Evonomics
View In: HousingCapitalism’s most grie­vous flaws are, at root, problems of property rights and must be ad­dres­­sed at that level. The post Capitalism’s Core Problem: The Case for Universal Property appeared first on Evonomics.

View In: HousingBERLIN (AP) — Voters in Berlin backed a controversial proposal for the Berlin city...