14 posts tagged with homeownership.
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Millennial Home Ownership
Pretend there's a point to wandering around a rock orbiting a dying star
Is There a Way Out of Hawaii's Housing Crisis? - "The Aloha State is drowning in a flood of the same factors creating a housing crisis all over America. It will either become a model for solutions or a cautionary tale." [more inside]
On singleness, self-sufficiency and masculinity
There is no real guidebook for a woman alone in her home. No one threw me a shower. To give me pots and pans. The ones I’d left behind and couldn’t afford to replace. No one to give me hammers and socket wrenches. No one told me about furnace filters or gutter cleaning or caulking. There was only me and a house and a vast gap of knowledge. Single homeowner Lyz Lenz thanks the dads of YouTube. [more inside]
Singapore-style sustainable, managed housing-based wealth-building in US
Why Singapore Has One of the Highest Home Ownership Rates - "Singapore's affordable housing program worked so well that some of its subsidized apartments now resell for more than $700,000." (via) [more inside]
Home ownership: politics, consumerism, and selling the American Dream
Before Joseph R. McCarthy said that the State Department "is thoroughly infested with Communists" in 1950 (Ohio County Library), he fought against government-provided housing, such as that provided veterans who returned from World War II and found a housing shortage (Washington Post), as seen in the Housing Act of 1948 (CQ Press). And that's just the opening of The Homeownership Obsession, how buying homes became a part of the American dream—and also a nightmare (Long read by Katy Kelleher for Curbed) [more inside]
The Real Estate State
CAPITAL CITY: “Planners provide a window into the practical dynamics of urban change: the way the state both uses and is used by organized capital, and the power of landlords and developers at every level of government." Antifada Podcast: The Housing Monster w/ Samuel Stein of Capital City on the Real Estate State (89:00) 'Places where real estate is cheap don’t have many good jobs. Places with lots of jobs, primarily coastal cities, have seen their real-estate markets go absolutely haywire. " Why Housing Policy Feels Like Generational Warfare (The Atlantic) Grim New Report Shows Rent Is Unaffordable In Every State (Huffpost) Tenants Won This Round: Last week, New York tenants overcame the state's powerful real-estate lobby to win a historic package of renter protections. Next stop: universal rent control. (Jacobin) Berlin backs five-year rent freeze amid housing pressure (BBC) Lessons from Berlin (RTE)
how much opportunity is dependent on owning property
"To get there, you need a down payment. And if you’re putting your extra money toward child care, or loans, or medical bills — how do you come up with that down payment? And how do you find a home you can actually afford? Homeownership, like other forms of participation in the American dream, increasingly resembles an exclusive country club, with membership predicated on who your parents are and your race." Anne Helen Petersen: 14 Millennials Got Honest About How They Afforded Homeownership
The Great Recession Never Ended
It’s been ten years since America’s largest bankruptcy filing- how have things been going? (The Nib) cw: suicide
googie dingbats and bungalow YIMBYs
High housing costs? Yuck. New idea? Yea!
Homeownership Rates Drop to Historic Lows; Middle Class Feels the Strain of Rising Rents The fledgling U.S. housing recovery lost momentum last year as homeownership rates continued to fall, single-family construction remained near historic lows, and existing home sales cooled, concludes The State of the Nation’s Housing report released today by the Joint Center for Housing Studies of Harvard University. In contrast, rental markets continued to grow, fueled by another year of large increases in the numbers of renter households. However, with rents rising and incomes well below pre-recession levels, the U.S. is also seeing record numbers of cost-burdened renters, including more renter households higher up the income scale. [more inside]
Tell 'em they're dreamin.
"The idea of owning a free-standing home on a quarter-acre block. It’s just not feasible."--The Guardian reports on the Death of the Great Australian Dream. [more inside]
Who knew "predatory remodeling" was a thing to worry about?
I bought my first home, only to become a victim of predatory remodeling.
This is the story of how I got tricked by malicious criminals into buying a house that had been illegally remodeled to cover up multiple building code violations. 50% of the house is unusable, and will require as much as $100,000 in repairs to undo the faulty work.[more inside]
Yes, the home was inspected before it was purchased, and the inspector did find some problems as expected. But most of the problems described below were cleverly hidden behind finished drywall, carpeting, and concrete where the inspector couldn't see them. All of this was done intentionally by the house "flipper" and remodeler to turn a profit on a house that is riddled with code violations.
This Space for Rent
The New American Dream: Renting
The Wall Street Journal goes into the history of homeownership in the US and discusses why it just may not be for everyone.
The Wall Street Journal goes into the history of homeownership in the US and discusses why it just may not be for everyone.
the family economy
In California, a middle-class family with two earners each making $50,000 a year now owns, on average, an $830,000 home.
"It is a dangerous situation indeed when neither home buyers nor the institutions that finance them are concerned with the ultimate price being paid for the housing asset."
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