A new report from the National Low Income Housing Coalition confirms something that anyone who lives in a city and is not a millionaire should know intuitively—there is no affordable housing.
Hong Kong, like many major cities across the world, has a severe housing shortage, and a lack of buildable land. Hong Kong also has some big ass expensive golf courses. This is how great ideas are born!!!
On a recent spring evening, a group of mothers at D.C. General Family Homeless Shelter were enjoying the weather, chatting outside near the building’s entrance. Two young boys whizzed past on scooters, colorful lights flashing. Across the street on the playground, kids shrieked, playing catch and chasing each other…
You like Airbnb? Sure, sure, great. Would you like Airbnb as much if you knew that its mere existence was costing you, personally, an extra thousand bucks a year in rent?
Yesterday, the New York Post published a story about a longstanding habit of certain members of our legislature: Sleeping in the office. Paul Ryan does it for the convenience. Some refuse to rent in Washington because they want to rise above the corruption of the “swamp.” (Or, more likely, because DC is a truly awful…
For many Americans, the rent is already too damn high, and skyrocketing housing costs are all the more devastating for low-income families. A 2016 report from the National Low Income Housing Coalition found that a person working full-time and earning the minimum wage cannot afford a two-bedroom apartment in any state,…
Much of the state of California is in the midst of a housing crisis. The reason for that housing crisis is simple: there is not enough housing. But given a golden opportunity to change the law to allow the construction of much more housing, the state lost its nerve.
How fucked up is the American housing market, one of the biggest drivers of inequality? In many cities, the financial reward for owning a home is even bigger than the reward for having a job.
The New York City Housing Authority oversees 176,000 apartments in our city, making it the nation’s largest public housing authority. It needs to spend so much money on repairs. So much money. The number is very big.
Ben Carson attempted to clarify on Thursday that he actually likes his housing department’s mission statement and he definitely doesn’t want to take out language affirming its dedication to fighting discrimination, as was previously reported.
During the 2016 presidential election, Virginia Senator Tim Kaine touted his experience as a former civil rights attorney and, in particular, his experience representing people of color who faced housing discrimination. Now, Kaine—along with 11 of his Democratic colleagues in the Senate—is supporting a financial…
Trey Gowdy, the Republican Chairman of the House Oversight Committee and Government Reform Committee, sent Housing and Urban Development Secretary Ben Carson a letter Wednesday afternoon requesting all materials pertinent to the [drumroll please] redecoration of his office.
Ben Carson—the esteemed neurosurgeon turned failed Republican presidential candidate turned secretary of Housing and Urban Development—doesn’t want people living in public housing to be too comfortable. His own office is a different story.
Glenn Thrush, the star New York Times White House reporter who was suspended from his job over sexual harassment, is returning to work after a two month suspension. But now he’s on a new beat—covering the social safety net, with an emphasis on the Departments of Housing and Urban Development and Health and Human…
As if the people of Puerto Rico haven’t been through enough recently. In the wake of devastation brought by Hurricane Maria last September, many islanders are now bracing for another pending crisis—foreclosures—according to a report in The New York Times.
Before the 2008 economic recession hit, Prince George’s County was one of the wealthiest majority-black counties in America. After the U.S. housing market went into a death spiral, the Maryland county became one of the areas hit hardest by the subprime lending crisis. Between 2012 and 2013, P.G. County saw a 50…
There are two ways to build enough housing for all the people: The government can do it, or private developers can. One is expensive, and the other is often inadequate. But is there a brilliant grand bargain to be had? Indeed.
“Our roof fell in, then the water came up. It stayed up for a very long time.”
Due to the combination of explosive jobs growth and a stubborn refusal to build enough housing to accommodate everyone, the San Francisco/ Silicon Valley area is mired in an insane housing crisis. How bad is this housing crisis? Punchline ahead!!!!