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Stories Tagged as

Housing affordability

Housing affordability continues to worsen for many Americans

by Samantha Fields
Jul 19, 2022
Home prices are at record levels, and mortgage rates are much higher now than they were six months ago.
Fewer homes are being built these days — especially in the price range of first-time buyers.
Stefani Reynolds/AFP via Getty Images
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As house prices skyrocket, some Aussies consider big moves

by Frey Lindsay
Nov 25, 2021
Homeownership was already out of reach for many young Australians. Then the pandemic hit.
Prices are rising at breakneck speed in places like Sydney's eastern suburbs, spurred by a housing shortage and low interest rates.
Zetter via Getty Images
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Why is it hard to create enough affordable housing?

by Audrey K. McGlinchy
Oct 5, 2021
The story of Austin's attempt to build one home for a low-income family in a wealthy neighborhood sheds light on the answer.
A judge forced the city of Austin to stop construction on a lot it owns at 3000 Funston St. more than a year ago.
Audrey K. McGlinchy
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A Warmer World

Climate change is going to make buying a home even more expensive

by Andy Uhler
Sep 28, 2021
A report from the Mortgage Bankers Association says environmental risk will likely lead to higher insurance premiums and loan interest rates.
A firefighting helicopter makes a water drop near homes in California, where wildfires, exacerbated by climate change, have destroyed many properties.
David McNew via Getty Images
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California hopes for a duplex revolution

by Matt Levin
Aug 30, 2021
The bill likely to become law would effectively end single-family-only zoning across the state. But will it ease housing prices?
People look at a San Francisco home during an open house in April 2019. Following a dramatic jump in housing prices over the past year, a California bill that has passed both chambers seeks to effectively end single-family-only zoning.
Justin Sullivan via Getty Images
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Rents are rising again, making it hard to find an apartment

by Andy Uhler
Jul 22, 2021
Bidding wars to rent? One would-be renter says that's going on in Houston, Texas.
While rents in urban areas dipped during the pandemic, they're climbing back up and inspiring rental bidding wars in some markets.
Justin Sullivan via Getty Images
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