Housing

Bipartisan housing legislation that became law earlier this summer takes steps to encourage factory-built housing at scale.

High prices and a moribund housing market have homeowners putting off improvement projects. Home Depot, Lowe’s, and their competitors are feeling the pinch.

Corporate investors and private equity firms are buying up mobile home parks across the country. In Colorado, one community recently found out their park is for sale for $44.5 million.

And it’s already too expensive for many Americans.

While homebuilding has slowed down in regions that saw a post-pandemic boom, like the South and West, housing construction in the Northeast is continuing at a steadier pace.

Denver is going to find out. Last year, Denver’s City Council voted to eliminate minimum parking requirements for all new construction.

“I thought, ‘Oh, the down payment and closing costs and those kinds of things are going to be the most expensive part of buying a house, and it ain't,” says Ashley Ayala.

They’re cheaper in the short term, riskier in the long run.

Tenant unions are becoming more common across the country as tenants struggle to afford rent.

The least affordable metro areas in the country for working families with kids are Los Angeles and New York City, where the median cost of childcare plus the notoriously high cost of housing devour 95% or more of the median income.