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You Searched For "housing affordability" and got 20 results


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3 mins read

A Gen Xer struggles to afford housing and groceries, but her income is about $100 too high to get help

Melinda Binkley, 56, has tried to apply for safety net programs before but she's told her household…

Allie Kelly   


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3 mins read

New York City briefly opened its housing voucher waitlist. But getting that assistance is as unlikely as getting into Harvard.

When New York City briefly opened its housing voucher waitlist for the first time in 15 years, more…

Eliza Relman   


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2 mins read

Luxury homes soar to 21 per cent market share; Affordable housing declines to 20 per cent in 5 years

In Q1 2024, of approximately 1.30 lakh homes sold across the top 7 cities, luxury homes priced abov…

ANI   


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2 mins read

3 signs the housing market's affordability recession is finally ending

The housing market will see a rolling recovery as supply, price growth, and sales slowly improve, C…

Filip De Mott   


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4 mins read

A boomer who lives on Social Security worries she won't get hired because she can't afford a car: 'I don't even have $1 in my wallet.'

Virginia Hambrick, 66, fears she may need to go back to work but also can't afford the necessary tr…

Allie Kelly   


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2 mins read

Parents with young kids are fleeing New York City in droves. Skyrocketing housing and daycare costs are to blame.

Families with kids under six are leaving New York City at twice the rate of other New Yorkers.

Eliza Relman   


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3 mins read

A policy that's supposed to create more affordable housing often backfires, leaving cities with higher home prices and rents. There's a way to fix that.

Inclusionary zoning is often so expensive that developers build less housing overall. Making it vol…

Eliza Relman   


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4 mins read

A 62-year-old employed 'peak boomer' in California makes too much for affordable housing but lives in her car: 'I'll work until I drop'

Cheryl Simmons, 62, is a parking lot attendant making $42,000 a year who lives in her car in San Di…

Noah Sheidlower   


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4 mins read

New York tech workers make $135,000 on average, but can't afford the vast majority of apartments on the market

Tech workers are flooding into New York City, but they're having a hard time finding places to live…

Eliza Relman,Madison Hoff   


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3 mins read

If you want a high-paying job and a more affordable house, move to the Rockies or the South

Places like Utah and Idaho are doing well, but New York is becoming more distressed.

Juliana Kaplan   


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1 min read

China just unveiled the strongest remedies yet for its troubled housing market

Beijing is removing floors on mortgage rates, offering cheaper housing loans, and reducing minimum …

Theron Mohamed   


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6 mins read

After 2 years of applying for the NYC housing lottery, she finally won her bid. Now she pays $1,000 in rent for her Manhattan apartment.

In 2018, the odds of winning the affordable-housing lottery were 1 in 592, The New York Times repor…

Amanda Goh   


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3 mins read

The growing reason people can't afford to own a home

The climate crisis is leading many insurance companies to raise homeowner premiums.

Allie Kelly   


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3 mins read

A San Antonio grandmother used guaranteed basic income to afford groceries and rent a house: 'It's changed my station in life'

Ingrid Sullivan, 48, is enrolled in San Antonio's basic-income pilot. She said it has helped her af…

Allie Kelly   


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4 mins read

Meet the typical ALICE: Americans struggling to afford basic necessities but making too much to get help

The number of Americans who are ALICE — Asset Limited, Income Constrained, Employed — i…

Noah Sheidlower,Juliana Kaplan   


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3 mins read

Arizona's Democratic governor squashed an effort to make homes more affordable as Biden travels to the state to promote his housing plans

Gov. Katie Hobbs vetoed a bipartisan bill that would have cut away red tape that makes it harder an…

Eliza Relman   


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1 min read

Housing affordability has improved, but not by much

Buyers need to earn $114,000 a year to afford a median-priced home, 35% above the median household …

Yuheng Zhan   


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4 mins read

More and more Americans are becoming 'ALICEs.' They can't afford rent and groceries but are falling through the cracks in the country's safety net.

The share of Americans in poverty has been falling, but more are stuck living paycheck to paycheck.

Noah Sheidlower,Juliana Kaplan   


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4 mins read

The US needs immigrants to fill jobs, but can't house them. Nowhere makes this more clear than New York City.

As the US handles an uptick in asylum-seekers, pressure is mounting to solve the housing crisis.

Eliza Relman   


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2 mins read

Google is co-funding a guaranteed basic income trial that gives families $12,000 a year to help keep them housed

Google's philanthropic arm is co-funding a $2.8 million guaranteed income pilot aimed at reducing h…

Theron Mohamed