SoCal Homebuyer Needs $73K Raise to Buy a Typical House
The cost of buying a home in Southern California has increased significantly in the past couple of years, with families needing to earn much higher incomes to qualify for a mortgage.
Affordability rates for buying a home have decreased, with fewer households able to qualify due to rising prices and increased mortgage rates. [ more ]
The Federal Reserve's decision to cut interest rates could aid President Biden's re-election prospects.
Rate cuts could improve housing affordability and drive down mortgage rates, potentially enticing home buyers and increasing the supply of available homes. [ more ]
LA court strikes down controversial California law abolishing single-family zoning
Controversial housing law SB 9, allowing splitting lots for dual homes, ruled unconstitutional in select California cities, sparking debate over state vs. local authority. [ more ]
Marblehead becomes latest town to reject zoning changes for MBTA communities
Residents of various Massachusetts communities are resisting state-mandated zoning changes to allow multifamily housing near public transportation hubs. [ more ]
City eyes code amendments to increase affordable housing for UT students - Austin Monitor
The City Council is considering amendments to the University Neighborhood Overlay program to improve housing affordability for University of Texas students and potentially bring a grocery store to the area. [ more ]
Little London: village with link to 1665 plague fears new exodus from capital
In Little London, residents protest against wealthy newcomers eyeing up homes and overdevelopment, lacking infrastructure for an influx from London. [ more ]
City releases detailed 'City of Yes' zoning changes, including taller buildings, less parking and affordable housing * Brooklyn Paper
The City of Yes for Housing Opportunity zoning changes in NYC, allowing taller residences, less parking, and more infill buildings to address housing shortages. [ more ]
Four candidates are competing in a special election for a vacant Berkeley City Council seat, focusing on key issues like housing affordability, revitalization, and public safety. [ more ]
Lo que dicen los candidatos del D9 sobre la vivienda
Se necesita crear viviendas asequibles para todos los niveles de renta en San Francisco.
Es crucial establecer un banco público con préstamos a bajo o ningún interés para garantizar la continuidad de la construcción de viviendas en periodos de crisis. [ more ]