renters

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 […]

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 […]