Discussion: Housing, Homelessness, Urban Development, Gentrification, and Other Housing Issues

[blueharvest]

President Biden wants to give homebuyers a $10,000 tax credit. Here's who would qualify.

The White House is proposing a "mortgage relief credit" that would give homebuyers an annual tax credit of $5,000 for two years.

www.cbsnews.com

 

[MagnarTheGreat]

Powell: ‘There will be bank failures’ caused by commercial real estate losses

Federal Reserve Chair Jerome Powell said Thursday he expects to see some banks fail due to their exposure to the commercial real estate sector, which has declined significantly in value following t…

thehill.com

Yeah well we need more affordable housing, not unaffordable office spaces.

That also tracks with the all the ****ing and moaning about their forcing workers to only work in the office and not remotely.

 

[blueharvest]

In Florida, skyrocketing insurance rates test resolve of homeowners in risky areas

Research shows the soaring costs hint at widespread, unpriced risk as the global climate warms, with states like California, Florida and Louisiana hit hardest.

www.wusf.org

 

[squeekness]

In Florida, skyrocketing insurance rates test resolve of homeowners in risky areas

Research shows the soaring costs hint at widespread, unpriced risk as the global climate warms, with states like California, Florida and Louisiana hit hardest.

www.wusf.org

I can't blame the insurers for this. If you want to build in a high risk area they shouldn't have to keep footing the bill.

 

[MagnarTheGreat]

HUD Secretary Marcia Fudge to resign, says affordable housing is 'an American issue'

HUD Secretary Marcia Fudge will step down from Biden administration, saying the agency has done much to help families but more needs to be done.

www.usatoday.com

 

[MagnarTheGreat]

The rent is too damn high. And Joe Biden knows it.

The president has raised concerns in private and made a push in public. But his tool kit is limited.

www.yahoo.com

 

[blueharvest]

Why are so many voters frustrated by the US economy? It's home prices

The lack of housing has caused a record number of renters to devote an excessive amount of income to housing, according to a Harvard University analysis.

apnews.com

 

[squeekness]

Groceries, too. Lots of prices are still quite high.

 

[MagnarTheGreat]

Powerful Realtor Group Agrees to Slash Commissions to Settle Lawsuits

The National Association of Realtors will pay $418 million in damages and will amend several rules that housing experts say will drive down housing costs.

www.nytimes.com

 

[squeekness]

Powerful Realtor Group Agrees to Slash Commissions to Settle Lawsuits

The National Association of Realtors will pay $418 million in damages and will amend several rules that housing experts say will drive down housing costs.

www.nytimes.com

Hope it works. I don't see how young folks afford to buy anything beyond a shack.

 

[blueharvest]

Honolulu Mayor Announces Plan To Speed Up Affordable Housing In State Of The City Address

Mayor Rick Blangiardi also announced $25,000 recruitment bonuses to help entice new applicants to the police force.

www.civilbeat.org

 

[MagnarTheGreat]

Neighbors in a wealthy Bay Area enclave created a 'heritage alliance' to become a historic district—and it all started with one home and a new family

It metastasized into what appears to be an effort to skirt state housing laws altogether.

fortune.com

 

[blueharvest]

The long-awaited real-estate revolution is finally here

New rules as part of a $418 million settlement could push down the commissions buyers and sellers pay their agents — but that's just the beginning.

www.businessinsider.com

 

[MagnarTheGreat]

Controversial bill or not, a governor must have an alternative plan for more lower cost and multiunit housing. It is not acceptable otherwise.

 

[blueharvest]

Florida is seeing an increase in homelessness. A Republican bill could make it worse

‘Inhumane’ legislation on Governor Ron DeSantis’s desk will require cash-strapped counties to build remote camps

www.theguardian.com

 

[MagnarTheGreat]

PA housing shortage prompts $80M proposed budget boost

Gov. Shapiro’s proposed budget would put state money behind a popular home repair program, anti-homelessness initiatives, and public legal defense against evictions.

www.spotlightpa.org

 

[blueharvest]

Biden to target 'rent gouging' landlords, as high housing costs factor into 2024 race

February's 0.4% rise in consumer prices was driven largely by housing and energy costs.

www.cnbc.com

 

[blueharvest]

 

[blueharvest]

 

[MagnarTheGreat]

Embattled LA developer accuses its financial chief of looting millions intended for homeless housing

Shangri-La Industries, tasked with converting motels to public housing in San Bernardino, Redlands and Thousand Oaks, alleges its fired CFO used embezzled funds to live an opulent lifestyle.

www.ocregister.com

 

[blueharvest]

Florida insurance companies announce profits as crisis plagues residents

The state's group of about insurers said they made $147.3 million in net income in 2023 after seven consecutive years of losses.

www.newsweek.com

 

[blueharvest]

Gov. DeSantis signs bill targeting residential 'squatters'

Gov. Ron DeSantis on Wednesday signed a bill aimed at quickly removing residential "squatters."

www.cbsnews.com

 

[blueharvest]

Home Depot’s largest acquisition ever is an $18.25 billion bet on the housing market’s severe shortage of new homes

The acquisition target, SRS Distribution, provides materials for professionals like roofers, landscapers and pool contractors.

fortune.com

 

[MagnarTheGreat]

NYC’s government chatbot is lying about city laws and regulations

You can be evicted for not paying rent, despite what the "MyCity" chatbot says.

arstechnica.com

 

[blueharvest]

AOC and Sanders aim to place public housing at center of Green New Deal

Proposal aims to decarbonize all of nation’s public housing units, with an investment of between $162bn and $234bn over next decade

www.theguardian.com