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Tag: Housing Affordability

Living in a home you can easily afford is the key to building wealth.

A woman who studied 600 millionaires discovered where you choose to live has 2 effects on your ability to build wealth

Your neighborhood affects your savings — if you live in an affluent neighborhood, you're more likely to mirror your neighbor's consumption habits.
Millennials hold relatively little real estate value compared to baby boomers at their age.

One astonishing statistic shows just how behind American millennials are when it comes to homeownership

Millennials own 4% of real estate value, compared to 32% of baby boomers at their age thanks to rising housing costs and lack of starter homes.

Police were armed with riot gear, a battering ram, and a robot to evict 2 homeless moms and 2 activists from an empty house they were occupying to pro...

Moms 4 Housing took over the empty home to call attention to real estate companies buying homes and leaving them empty amid a homelessness crisis.
Four cities in California made the list.

The 25 most expensive cities around the world to rent a two-bedroom apartment

Hong Kong is the world's most expensive city to rent in, while San Francisco is the most expensive in the US. See how much it costs to rent worldwide.
Millennials are finally looking to buy homes.

The top 30 US cities where millennials are looking at buying homes right now

A recent LendingTree report looked at the most popular cities where millennials are house hunting. Of the top 10, most are in the north and midwest.
Some experts predict that Gen Zers are more likely to become homeowners than millennials.

Gen Zers are more likely to become homeowners than millennials, according to some experts

Experts think the homeownership rate will increase in the next 15 years because of an increased desire to own a home and live in an affordable city.
A shack in San Francisco that's on the market for nearly $2 million.

An ‘uninhabitable’ shack that’s missing a wall is on the market for nearly $2 million in San Francisco, and it showcases the real va...

Located in Potrero Hill, the shack made headlines back in May when it was listed for $2.5 million. It has received two price cuts since September.
Starter homes are scarce.

American millennials are expected to be a driving force behind the housing market in 2020, but there’s a problem: There aren’t enough star...

Most new houses built in 2019 cost at least $500,000, creating a starter home shortage — and real-estate investors are snapping many of them up.

Millennials are obsessed with tiny homes, and the 3 reasons why highlight just how different they are from baby boomers

Tiny houses are more affordable than suburban mansions, offer a unique experience, and enable millennials to work remotely.
A homeless man in San Francisco holds a sign asking for spare change.

San Francisco has turned into a nightmare. Here’s how to fix the city in the next 10 years.

San Francisco is transforming into a city that only the wealthy few can afford. The next decade could be a defining period in its history.