#affordability-crisis

[ follow ]
NYC music
fromDeadline
2 hours ago

NYC Film Commission Offers 5,000 Free Tickets To Indie Cinemas In Weeklong Event With Art House New York

NYC launched Art House Cinema Week offering 5,000 free tickets to independent theaters March 20-26, with reduced prices and discounts for eligible residents including teachers, students, military, and low-income families.
NYC parents
fromGothamist
19 hours ago

Sherrill's $60.7B NJ budget boosts school funding but risks tax fight

Governor Sherrill's $60.7 billion budget proposes record property tax relief and historic school funding while closing business tax loopholes to address a revenue gap, risking her campaign pledge against tax increases.
NYC politics
fromwww.amny.com
18 hours ago

$30 and a dream: NYC Council pushes minimum wage boost; says increase is a fair share

NYC's $17 minimum wage is insufficient for living costs; progressive lawmakers propose raising it to $30 per hour by 2030 to address the affordability crisis.
fromIntelligencer
20 hours ago

Trump Has Handed the Democrats a New Winning Issue for the Midterms

Affordability has been, understandably, the watchword for Democratic candidates over the last year. After downplaying inflation under Joe Biden, the party learned a brutal lesson when Donald Trump rode the cost-of-living crisis back to the White House in 2024. In 2025, Zohran Mamdani put affordability at the center of his own campaign and surged from the back of the pack to City Hall.
US politics
NYC politics
fromGothamist
1 day ago

NYC $30 minimum wage proposal headed to City Council

New York City legislation proposes raising the minimum wage to $30 per hour by 2030, nearly doubling the current $17 rate to address the city's affordability crisis.
#california-gas-tax
fromThe Mercury News
1 day ago
SF politics

Sacramento Snapshot: Could California pause the gas tax or start charging drivers fees based on mileage? A look at dueling proposals in the statehouse

California Republicans are pushing to suspend the state gas tax for one year, citing a convergence of factors including affordability crisis, Middle East tensions, and refinery closures that may increase legislative support.
fromwww.ocregister.com
1 day ago
SF politics

Sacramento Snapshot: Could California pause the gas tax or start charging drivers fees based on mileage? A look at dueling proposals in the statehouse

California Republicans are pushing to suspend the state gas tax for one year, citing a perfect storm of affordability crisis, Middle East tensions, and refinery closures that may increase legislative support.
SF politics
fromThe Mercury News
1 day ago

Sacramento Snapshot: Could California pause the gas tax or start charging drivers fees based on mileage? A look at dueling proposals in the statehouse

California Republicans are pushing to suspend the state gas tax for one year, citing a convergence of factors including affordability crisis, Middle East tensions, and refinery closures that may increase legislative support.
SF politics
fromwww.ocregister.com
1 day ago

Sacramento Snapshot: Could California pause the gas tax or start charging drivers fees based on mileage? A look at dueling proposals in the statehouse

California Republicans are pushing to suspend the state gas tax for one year, citing a perfect storm of affordability crisis, Middle East tensions, and refinery closures that may increase legislative support.
Miami food
fromSun Sentinel
4 days ago

Florida poll finds widespread affordability worries. Most voters ready to cut property taxes.

Florida voters prioritize affordability and support phasing out property taxes on homesteaded residential properties, though support at 56% falls short of the 60% constitutional amendment threshold needed for passage.
#tax-policy
fromNew York Daily News
3 days ago
NYC politics

Hike NYC taxes or leave them? What 'tax the rich' misses about New York's affordability crisis

New York's affordability crisis requires economically sound policy, not reflexive taxation that risks weakening the economic engine supporting working families through reduced hiring and investment.
fromwww.amny.com
10 months ago
NYC parents

Op-Ed | The Working Families Tax Credit is good for New York businesses | amNewYork

Implementing the Working Families Tax Credit proposal is essential to alleviate financial strain on families in New York, particularly those with children.
NYC politics
fromNew York Daily News
3 days ago

Hike NYC taxes or leave them? What 'tax the rich' misses about New York's affordability crisis

New York's affordability crisis requires economically sound policy, not reflexive taxation that risks weakening the economic engine supporting working families through reduced hiring and investment.
NYC parents
fromwww.amny.com
10 months ago

Op-Ed | The Working Families Tax Credit is good for New York businesses | amNewYork

Implementing the Working Families Tax Credit proposal is essential to alleviate financial strain on families in New York, particularly those with children.
fromwww.cbc.ca
3 days ago

Toronto organization hosts rally, march to honour International Women's Day | CBC News

It's so important that we have equal work for equal value. It's something that we need to continue to push for together. While Toronto is leading the way to close the gender pay gap, more work lies ahead.
Women in technology
NYC politics
fromCity Limits
4 days ago

Opinion: New Yorkers Voted YES on Affordability. That Must Include Reproductive Health Care.

Reproductive health care access is foundational to economic stability and must be integrated into New York's affordability agenda to prevent lifelong health consequences.
NYC politics
fromwww.amny.com
4 days ago

From Buffalo to Brooklyn: Over 50 Faith Leaders Support Auto Insurance Reform in New York | amNewYork

Over 50 New York faith leaders support Governor Hochul's auto insurance reform plan to lower premiums that exceed $4,000 annually, nearly double the national average, disproportionately burdening working families and communities of color.
fromFortune
5 days ago

Now, even six-figure earners say buying a house is unattainable-half of Americans can't even afford to eat out or go on vacation right now | Fortune

Over half of Americans, 60%, say a weeklong vacation is unaffordable-and even 49% report the small joy of going out to dinner is out of their budgets. Around 74% also say buying a new car is too expensive, but beyond these commonplace "luxuries," U.S. adults are battling the exorbitant costs of everyday essentials.
US news
Non-profit organizations
fromTruthout
6 days ago

"Low-Wage 20" Report Calls Out Companies Paying Worker Below Medicaid, SNAP Thresholds

Workers at America's largest low-wage corporations depend on public benefits because their pay is insufficient, while CEOs receive astronomical compensation.
Business
fromEntrepreneur
1 week ago

How Employee Financial Wellness Unlocks Peak Productivity

Business leaders can address affordability and productivity simultaneously by implementing financial wellness programs that help employees achieve long-term financial stability and reduce financial stress-related productivity losses.
Online Community Development
fromTelecompetitor
1 week ago

States and NGOs must bridge senior broadband gap: AARP

32% of older Americans lack home broadband access, affecting 19 million seniors, with disparities among low-income, oldest, and least-educated populations requiring urgent policy solutions.
Miscellaneous
from24/7 Wall St.
1 week ago

General Mills Is Down 20% and Betting Promotions Can Win Back Shoppers

General Mills faces significant headwinds from affordability pressures and consumer shift to private-label products, prompting steep guidance cuts despite beating headline earnings estimates.
fromwww.housingwire.com
1 week ago

In Texas, the big rival is the buyer's memory of 2.65%

The COVID fog shows up when decision-makers treat the 2.65% mortgage trough from January 2021 as a normal frame of reference rather than what it was, an extreme, unsustainable outlier created by a crisis policy response. Mortgage rates rose more than five percentage points from that trough, reaching 7.79% in October 2023 and easing to about 6.2% by September 2024.
Real estate
#economic-policy
fromTruthout
1 week ago
US politics

Trump's Economy Is Hurting Americans - and Setting Us Up for Long-Term Collapse

fromTruthout
1 week ago
US politics

Trump's Economy Is Hurting Americans - and Setting Us Up for Long-Term Collapse

#california-gubernatorial-race
#california-politics
US politics
fromJezebel
2 weeks ago

Thumbs Up! Country's Top-Ranking Warmonger & Quack Have 'Leisurely' Mid-Week Bro Date

Mehmet Oz and Pete Hegseth posted casual beachside brunch photos showing lavish leisure amid U.S. affordability strains, unpaid time-off, and escalating tensions with Iran.
fromwww.amny.com
3 weeks ago

MAMDANI'S FIRST BUDGET: Concerns mount over possible property tax increase | amNewYork

City Council Speaker Julie Menin and Finance Chair Linda Lee said the proposal begins a dialogue about protecting New Yorkers and the city's fiscal future. Both will be leading the Council's negotiations with Mamdani's team in hammering out a final budget this June. At a time when New Yorkers are already grappling with an affordability crisis, dipping into Rainy Day reserves and proposing significant property tax increases should not be on the table, they said.
New York Islanders
fromwww.mediaite.com
3 weeks ago

An Age of Authoritarians': AOC Issues Grave Warning About Trump at Munich Security Conference

They are looking to withdraw the United States from the entire world so that we can turn into an age of authoritarianism, of authoritarians, that can carve out the world where Donald Trump can command the Western Hemisphere and Latin America as his personal sandbox, where Putin can saber-rattle around Europe and try to bully around our own allies there, and for essentially authoritarians to have their own geographic domains.
US politics
Arts
fromHyperallergic
3 weeks ago

NYC Deserves a Culture Commissioner Who Cares

A commissioner must practice partnership to translate cultural-sector knowledge into policy and budgets, sustaining institutions and equitable civic collaboration amid New York City's affordability crisis.
US politics
fromwww.amny.com
1 month ago

Op-Ed | Runaway auto insurance costs threaten New York's transportation system | amNewYork

Skyrocketing car insurance in New York is driving unaffordability, straining households and critical transportation industries, and raising costs across the economy.
London music
fromwww.bbc.com
1 month ago

'Nightlife culture isn't dying but it is evolving'

Rising costs, changing social habits, and community pressure are driving rapid nightclub closures, threatening the survival of major UK clubs by 2030.
New York Knicks
fromThe Nation
1 month ago

Zohran Mamdani: Why I'm Endorsing Kathy Hochul

Universal childcare expansion lifts over $22,500 per family, enabled by city-state cooperation and major state funding, marking new productive Albany–City Hall collaboration.
US politics
fromBusiness Insider
1 month ago

Trump's former chief economic advisor says workers are 'suffering' in America's K-shaped economy

The US economy shows robust overall growth while many Americans face acute affordability struggles, widening wealth gaps and shifting political focus ahead of midterm elections.
fromTruthout
1 month ago

The Affordability Crisis Is Real. Only Worker Organizing Can Offer Solutions.

A friend recently told me a story that made this reality impossible to ignore. Her elderly parents live near an elementary school not far from the nation's capital. For several years, they had been quietly raising money to provide groceries and basic supplies for families whose children were going hungry. When Republicans suspended SNAP benefits, the need surged overnight. What had been a steady act of care suddenly became an emergency response.
US politics
Real estate
fromFortune
1 month ago

Americans are still ditching New York and LA at alarming rates, but Miami's on the list now, too | Fortune

Americans continue leaving New York and Los Angeles, and now Miami is experiencing the steepest population decline among major U.S. metropolitan areas.
Public health
fromIndependent
1 month ago

Irish Life boss can't answer the big question: when will wave of health insurance hikes end?

Ireland's health insurance sector needs younger and corporate customers plus structural reforms to avert growing affordability crisis and potential European legal challenges.
fromwww.theguardian.com
1 month ago

The Guardian view on Trump's assault on the Fed: it is part of an affordability blame game | Editorial

By launching a legal assault on the Fed, Mr Trump is trying to shift blame for borrowing costs. Yet despite controlling the presidency, Senate and the House, Republicans have passed little beyond a large tax-cutting bill that benefits the rich. They have not legislated on housing supply, childcare, healthcare costs or wages. Indeed most of their actions are worsening affordability, notably deferring action even though millions face a sharp rise in their health insurance bills.
US politics
#housing-policy
fromSFGATE
10 months ago
US politics

Trump's First 100 Days in Office Deliver Little Progress on Solving the Housing Crisis

fromSFGATE
10 months ago
US politics

Trump's First 100 Days in Office Deliver Little Progress on Solving the Housing Crisis

US politics
fromwww.mediaite.com
2 months ago

Mamdani's Collectivism' Line Sparked a Panic That Proved His Point

Collectivism challenges the myth of rugged individualism and reframes affordability and inequality as communal responsibilities.
US politics
fromFortune
2 months ago

Millionaire tax plans spread as Washington state eyes new levy | Fortune

Washington proposes a 9.9% tax on income over $1 million to address affordability and rebalance reliance away from sales and property taxes.
fromFortune
2 months ago

Down Arrow Button Icon

Bisbal was sipping an afternoon coffee at the Hamilton Family Restaurant not long after Vice President JD Vance rallied Republicans in a nearby suburb. In the Trump administration's second high-profile trip to Pennsylvania in a week, Vance acknowledged the affordability crisis, blamed it on the Biden administration and insisted better times were ahead. He later served food to men experiencing homelessness in Allentown.
US politics
#donald-trump
fromAdvocate.com
2 months ago
US politics

Trump rants nonsense about transgender people instead of fixing affordability crisis at Pennsylvania rally

fromAdvocate.com
2 months ago
US politics

Trump rants nonsense about transgender people instead of fixing affordability crisis at Pennsylvania rally

US politics
fromLos Angeles Times
2 months ago

Commentary: Affordability is a hoax? An offer to Trump from a free lunch program: 'Travel with me'

An 81-year-old Koreatown retiree relies on community food services while facing rising rent, mobility challenges, and growing local demand for affordable food.
US politics
from48 hills
3 months ago

Dear Gavin: Here are some (free) tips for your presidential campaign - 48 hills

Gavin Newsom attended COP30 in Brazil, advocated climate action, signed renewable-energy agreements, criticized Trump's absence, and was urged to continue national leadership.
fromFortune
3 months ago

'If voters feel like things aren't working, they fire their politicians': K-shaped economy math shows why Trump's base feels betrayed | Fortune

Days before President Donald Trump was sworn in for his second term, he acknowledged the high prices Americans were seeing at the gas pump and grocery store, pledging to bring them down. "It's always hard to bring down prices when somebody else has screwed something up like [President Joe Biden] did," Trump said in a news conference in early January. "We're going to have prices down. I think you're going to see some pretty drastic price reductions."
US politics
US politics
fromThe Nation
3 months ago

After This Shutdown Surrender, Chuck Schumer Needs to Go

Senate Democrats negotiated a shutdown deal that largely concedes to Republican demands, entrenching austerity and worsening the affordability crisis despite voter backlash against Trump.
#zohran-mamdani
fromwww.amny.com
4 months ago
New York City

Mamdani says he won't back down from tangling with Trump, but seeks to work with him on affordability | amNewYork

NYC politics
fromSalon
10 months ago

Is New York City ready for a socialist mayor? Zohran Mamdani bets yes

Zohran Mamdani uses a press conference to challenge Andrew Cuomo's accountability in his bid for New York City mayor.
fromwww.amny.com
4 months ago
New York City

Mamdani says he won't back down from tangling with Trump, but seeks to work with him on affordability | amNewYork

NYC politics
fromSalon
10 months ago

Is New York City ready for a socialist mayor? Zohran Mamdani bets yes

Zohran Mamdani uses a press conference to challenge Andrew Cuomo's accountability in his bid for New York City mayor.
#new-york-city
NYC politics
fromDazed
10 months ago

Meet Zohran Mamdani, the TikTok-savvy socialist running for NYC mayor

Zohran Mamdani's campaign focuses on addressing New York City's affordability crisis and resonates with young voters through relatable policies and activism.
NYC politics
fromDazed
10 months ago

Meet Zohran Mamdani, the TikTok-savvy socialist running for NYC mayor

Zohran Mamdani's campaign focuses on addressing New York City's affordability crisis and resonates with young voters through relatable policies and activism.
fromLos Angeles Times
4 months ago

Austin Beutner assails Karen Bass over rising city fees he says are 'crushing families'

"I'm talking about the cost-of-living crisis that's crushing families,"
US politics
fromwww.amny.com
4 months ago

NYC Mayor's Race: Hakeem Jeffries endorses Zohran Mamdani months after Democratic primary | amNewYork

The Brooklyn Democrat, who has frequently criticized the Democratic Socialists of America (DSA), of which Mamdani is a member, issued a statement Friday afternoon announcing his support of the Mamdani campaign, stating that he deeply respects the will of the primary voters. He cited Mamdani's commitment to addressing the city's affordability crisis as his primary reason for supporting the nominee.
New York Islanders
Canada news
fromwww.cbc.ca
4 months ago

Thanksgiving sees food banks step up efforts to help people in need, no matter where they are | CBC News

Ontario food banks face record, sustained demand as affordability and rising costs force over one million people to seek hunger relief.
California
fromwww.mercurynews.com
5 months ago

New California law restricts HOA fines to $100 per violation, giving homeowners a break

California law now caps homeowners association fines at $100, reducing financial burdens on residents while raising concerns about diminished HOA enforcement authority.
Real estate
fromThe Mercury News
5 months ago

36% of California homebuyers were investors in 2025's first half

Investor purchases reached 36% of California single-family home sales in H1 2025, substantially raising prices and obscuring affordability pressures for typical buyers.
fromwww.ocregister.com
5 months ago

36% of California homebuyers were investors in 2025's first half

In 2025's first half, 36% of purchases statewide were made by investors up from 31% for all of 2024 and 16% at the recent low in 2020 as coronavirus was scrambling the economy. Or look at the change this way: Investors were tied to an average of 33% of all California homebuying in the past 18 months vs. 21% in 2015-23.
Real estate
fromSun Sentinel
5 months ago

Jennifer Jenkins, Democrat who defeated conservative school board member, announces U.S. Senate campaign

"But I do believe that there is a really significant opportunity here for Democrats to take back the state of Florida - as long as we have a candidate who can relate to everyday people who keeps it focused on the most important pressing issues that affect people every single day in their lives like affordability and public education, and access to true freedoms across the state," Jenkins said.
US politics
Real estate
fromwww.housingwire.com
6 months ago

US housing market value hits record $55T, but growth is slowing

U.S. housing wealth rose overall, but Florida, California and Texas lost value while New York gained most; new construction added trillions yet affordability remains constrained.
Real estate
fromwww.housingwire.com
6 months ago

The Florida Association of Mortgage Professionals pushes for condo guideline changes

The affordability crisis in Florida is exacerbated by high home prices, insurance costs, interest rates, and property taxes.
NYC politics
fromwww.amny.com
7 months ago

NYC Mayor's Race: Cuomo presents plan on affordability, painting Mamdani's pitch as irresponsible and unrealistic | amNewYork

Affordable living is a central issue in the 2025 NYC Mayor's race, with Cuomo presenting alternative plans.
#housing-market
NYC real estate
fromFortune
8 months ago

Gen Z and millennials can't afford to buy a house, and it shows: The number of first-time homebuyers is half the historical norm

The housing market is increasingly unaffordable for first-time homebuyers, resulting in a historic low in their numbers.
Real estate
fromThe Atlantic
8 months ago

The Whole Country Is Starting to Look Like California

The housing market crisis now affects once-affordable regions, as home prices surge unexpectedly in areas known for loose regulations.
fromFortune
8 months ago
NYC real estate

Gen Z and millennials can't afford to buy a house, and it shows: The number of first-time homebuyers is half the historical norm

#real-estate
NYC real estate
fromNew York Post
10 months ago

In more than 230 US cities, starter homes now cost $1M or more - nearly triple the price 5 years ago

Starter homes in the U.S. now cost over $1 million, making homeownership increasingly unaffordable for first-time buyers.
from24/7 Wall St.
7 months ago

The City in Every State Where Home Prices are Rising the Most

Home prices surged by more than 50% from early 2020 to mid-2024, creating a housing affordability crisis impacting those without real estate holdings.
NYC real estate
Miscellaneous
fromsilive
7 months ago

Staten Island Con Ed customers could see nearly $30 monthly rate hike if utility gets its way

Consolidated Edison proposes nearly $30 increase in monthly electricity bills to address rising costs.
#toronto
fromwww.cbc.ca
9 months ago
Toronto startup

Toronto mayor urges Carney for federal investment in the face of Trump's 'senseless trade war' | CBC News

fromwww.cbc.ca
9 months ago
Toronto startup

Toronto mayor urges Carney for federal investment in the face of Trump's 'senseless trade war' | CBC News

NYC politics
fromOne Green Planet
8 months ago

NYC Launches Pilot for Free Child Care in $116B Budget Deal - One Green Planet

New York City launches a pilot program for free child care for children two and under, supporting low-income families amid a rising affordability crisis.
NYC politics
fromtime.com
8 months ago

Zohran Mamdani Defends His Agenda as Centrist Democrats Push Back After Primary Win

Zohran Mamdani's progressive platform for affordability faces internal Democratic criticism despite resonating with younger voters experiencing economic challenges.
New York City
fromwww.amny.com
8 months ago

EXCLUSIVE | HPD to partner with University of Michigan for 2026 vacancy survey as rates reach all-time low | amNewYork

NYC's HPD partners with University of Michigan for a comprehensive housing vacancy survey to address city's housing crisis.
#homeownership
fromSFGATE
8 months ago
NYC real estate

Saving for a Home in Hawaii Takes 29 Years-See How Long It Takes in Your State

Affording homeownership in some states requires nearly three decades of saving, highlighting an affordability crisis across the U.S.
fromBKReader
9 months ago
Brooklyn

A Lifeline For Homeowners Who Are on The Tax Lien Sale List

New York City's low-income homeowners are facing severe pressures from rising costs and predatory practices, threatening their stability and community ties.
fromSFGATE
8 months ago
NYC real estate

Saving for a Home in Hawaii Takes 29 Years-See How Long It Takes in Your State

Brooklyn
fromBKReader
9 months ago

A Lifeline For Homeowners Who Are on The Tax Lien Sale List

New York City's low-income homeowners are facing severe pressures from rising costs and predatory practices, threatening their stability and community ties.
NYC politics
fromwww.amny.com
8 months ago

Op-Ed | Affordable, reliable energy crucial for New York's job growth | amNewYork

Economic pressures on Long Islanders necessitate diverse energy solutions, including natural gas, to support job growth and combat affordability crises.
fromSFGATE
8 months ago

Home Prices Are Rising at a Staggering Pace on This Island as Tax Incentives Lure Wealthy Buyers

Puerto Rico's home prices surged by 11.6% in Q1 2025, indicating economic recovery but straining affordability for local residents amid a historic housing boom.
NYC real estate
fromSun Sentinel
9 months ago

David Jolly launches campaign for Florida governor. Focus is on affordability, broadening Democratic base.

"Affordability, affordability, affordability. That is the No. 1 issue," Jolly said, highlighting that the high cost of living is his campaign's central theme.
SF politics
Miami food
fromBusiness Insider
9 months ago

Trouble in Florida's real estate paradise is a grim warning for all of America

Florida's housing market is experiencing an affordability crisis and declining property values after a pandemic-driven influx of residents.
fromwww.bxtimes.com
10 months ago

Getting dizzy just thinking about it': Bronx borrowers scramble as student loan collections return Bronx Times

"For 22-year-old Sasha Holguin... it took months to get a job and that was at a coffee shop back in November. When I had just the one job..."
NYC parents
fromwww.amny.com
10 months ago

Rent freeze and a comeback? Michael Blake bets on affordability pitch to revive NYC Mayoral campaign | amNewYork

Blake emphasized the importance of addressing the affordability crisis with a rent freeze while supporting small property owners via mechanisms like a vacancy tax.
NYC politics
[ Load more ]