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Tag: Housing Affordability

Here’s the least expensive town for homeowners in every US state

Using data from the Census Bureau, we found the town in each state with the lowest median monthly costs for homeowners.
It's an age-old debate: Should you rent or buy?

Deciding to buy a home instead of rent isn’t always a question of simple math

If you're asking yourself "Should I rent or buy?" the answer comes down to whether you value certainty or flexibility more, says an early retiree.

Here’s the most expensive town for homeowners in every US state

Using data from the Census Bureau, we found the town in each state with the highest median monthly costs for homeowners.

Here’s the most affordable town for renters in every US state

Using data from the Census Bureau, we found the town in each state with the lowest median gross rent for apartments and other rented housing.

Rust-belt cities that got killed in the recession are making comeback, and they’ve become the best places for millennials to buy a home

The housing market has been battered amid soaring home costs — but 10 large US cities have ample affordable homes for millennials available right now.
To afford a two-bedroom apartment, a minimum-wage worker would need to work around 122 hours a week.

A minimum-wage worker needs 1.5 jobs just to afford half the rent for a 2-bedroom apartment in most of the US

To afford a two-bedroom apartment in the US, a minimum-wage worker would need to work about 122 hours a week.
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 impacts your savings — if you live in an affluent neighborhood, you're more likely to mirror your neighbor's consumption habits.

This 70-square-foot tiny home can be built for just $10,000

A Czech Republic-based design firm released a tiny home called the "Magenta" that can be built for just $10,000.
If the listing price seems exceptionally high or low, do more research.

5 warning signs a real-estate deal is too good to be true

You get what you pay for, especially when it comes to homebuying. These red flags may mean a real-estate deal isn't everything it seems to be.

Microapartments are dying in one of the world’s most expensive cities, and it could be part of a troubling trend for owners

Microapartments were once extraordinarily popular in Hong Kong, but a recent dip in housing prices could signal their decline.