rent

In November, Colorado voters passed Prop 123, which will allow 0.1% of the state income tax rate to be used to increase the affordable housing stock among other provisions to help the unhoused. This man, who was living in an encampment in Boulder last year, said he had been on a housing wait list for a long time. (Derek Miles for Colorado Newsline)

Voters embraced affordable housing initiatives. Advocates say Congress should do the same.

BY: - December 15, 2022

Voters in Colorado approved a statewide affordable housing initiative in November, while voters in nine cities across the country OK’d measures to finance the construction of affordable housing, preserve existing rental properties and support renters. But as housing costs soar, analysts and advocates say more needs to be done and argue that federal action is […]

A row of abandoned homes along a residential street in Cairo, Illinois, in 2021. Many small towns like Cairo have a surfeit of vacant housing, but people who need housing often don't live where the houses are. (Scott Olson/Getty Images)

The nation’s vacant homes present an opportunity — and a problem

BY: - November 28, 2022

With construction costs for new homes and interest rates soaring, vacant housing is drawing more attention as a shortcut to quickly getting more units on the market. But whether vacant homes are a curse or an opportunity depends on where you live. As housing affordability plummets and rents rise, putting more families with low incomes at risk […]

COMMENTARY
A child joins his father at a food pantry in the Bronx, New York City in September 2022. (Spencer Platt/Getty Images)

Congress knows how to slash child poverty. It just needs to do it.

BY: - November 22, 2022

If you could prevent millions of children from falling back into poverty, would you? Most of us, I imagine, would answer “yes” without hesitation. But not Congress. For nearly a year, lawmakers in Washington, D.C., have dithered as the policy directly responsible for a dramatic decline in poverty last year lapsed. It’s time for Congress […]

Seattle is one of the college towns where big real estate firms are colluding on rising apartment rents, according to a federal lawsuit. (John Moore/Getty Images)

Real estate tech company faces scrutiny over alleged collusion with landlords on rent

BY: - November 15, 2022

A Texas-based real estate tech company is facing a new barrage of questions about whether its software is helping landlords coordinate rental pricing in violation of antitrust laws. Seventeen Democratic members of the U.S. House of Representatives sent a letter Monday to the Department of Justice and the Federal Trade Commission asking the agencies to […]

A carpenter stands atop of a building frame.

4 takeaways on housing ahead of inflation report

BY: - November 9, 2022

Housing costs, including rental prices, are on the path to stabilizing but evidence of this won’t show up in inflation measures anytime soon, economists say. The latest Consumer Price Index numbers, which are used to measure inflation, come out on Thursday morning. But the survey used to measure shelter, a large component of inflation, lags […]

COMMENTARY

Home ownership and the “American Dream” are crushed by Real Estate Investment Trusts

BY: - August 22, 2022

A big economic division between renters and homeowners is apparent when looking at net worth: For homeowners, the median net worth of $231,400 is about 44 times the median net worth of renters, which is $5,200. Dr. Ken Chilton of Tennessee State University has studied the impact of Real Estate Investment Trusts on the housing […]