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A staple of the American housing market, starter homes still exist. But these lower-priced residences look different and cost more now.
The ban was supposed to make housing more affordable.
The furniture and home furnishings sector saw a 5.4% sales decline last year.
Insurance premiums for affordable housing operators are already pricier. The pandemic and climate change has pushed the costs even more.
Upstart companies hope 3D printing can disrupt the sector by creating structures in a fraction of the time traditional methods require.
Ultra-cheap rentals declined in every state, especially in Texas and North Carolina, where renters from more expensive markets are moving.
There may be more supply, but it tends to cater to demand at the higher end of the income spectrum.
The neighborhood’s decline in the early 1970s had roots in a scandal surrounding a federal program meant to boost home ownership.
… and now plans to move back to Arizona.
In Ouray, Colorado, high-priced housing is a labor force issue.