Housing - Trendinginfo.blog

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We may be looking at the housing affordability crisis all wrong. Higher earners are driving home prices, not lack of supply, researchers say

Ravi Singh11 hours ago03 mins

Economists, lawmakers, and Wall Street have long preached the need to increase housing supply to improve affordability, but it may not be that straightforward. According to a recent note written by UC Irvine PhD student Schuyler Louie along with San Francisco Fed researchers John Mondragon, Rami Najjar, and Johannes Wieland, average income growth “relates strongly”…

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Matt Mahan, mayor of San José, enters race for California governor

Ravi Singh1 week ago07 mins

San José Mayor Matt Mahan announced he is running for California governor Thursday, pitching himself as a pragmatic Democrat who would prioritize state residents’ quality of life over the principled progressivism that has become entrenched in California politics — including on crime, homelessness, housing and affordability. “I’m jumping in this race because we need a…

This millennial quit her corporate 9-to-5 to pet sit—she’s now living rent-free

Ravi Singh2 weeks ago07 mins

Like many millennials, Georgina Welsh worked her way up the corporate ladder in PR for eight years, eventually landing an account director role. But by 31, she realized that despite the long hours and above-average paychecks, she was still broke at the end of the month—and had almost no work-life balance to show for it….

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Housing costs are crippling many Americans. Here’s how the two parties propose to fix that

Ravi Singh2 weeks ago07 mins

WASHINGTON — Donald Trump’s promises on affordability in 2024 helped propel him to a second term in the White House. Since then, Trump says, the problem has been solved: He now calls affordability a hoax perpetrated by Democrats. Yet the high cost of living, especially housing, continues to weigh heavily on voters, and has dragged down the…