Health/Food Posts Tagged as 'Home'
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Loads of houses are up for sale -- but middle-class buyers are still shut out
Despite an uptick in homes on the market and weakening home sales across the country, home ownership is out of reach for a growing number of middle-class buyers, according to a recent report from real estate brokerage Redfin.
An analysis of U.S. homes on the market in 2017 and 2018 found that the number of affordable homes for sale has decreased in 86 percent of metro areas (of 49 included in the study), even as the number of homes on the market grew. While buyers normally benefit from better availability in competitive housing markets, it doesn’t help if the majority of available homes are priced for the wealthy.
“For the past few years, home prices have gone up faster than wages,” said Daryl Fairweather, chief economist at Redfin. “That kind of growth really isn’t sustainable. At a certain point, there won’t be enough buyers left for the homes left on the market.”
Rising Rents Are Pushing More Tenants Past the Breaking Point
Rents have increased rapidly across U.S. housing markets as the share of renting households has risen faster than the number of new units. Now, in a survey published Thursday by an apartment-listing service, nearly one in five respondents reports struggling to make the monthly payments.
While big landlords seem to be succeeding at finding tenants who can keep up, the survey, by Apartment List, suggests escalating housing costs may be straining renters’ resources. Eighteen percent of respondents couldn’t pay the full rent due in at least one of the past three months, according to the poll of 40,000 renters. Of those who have registered for the listing site this year, 3.3 percent said they had been evicted in the past, up from 2.8 percent in 2015.
San Francisco will open first affordable housing for senior citizens
'In a city that is in some ways very youth-focused, it’s nice to have a home that’s specifically about seniors.'
San Francisco is to build affordable housing for queer senior citizens, a first for the city.
The housing comes as a result of a partnership between the Mayor’s Office of Housing, Openhouse, a nonprofit LGBT organization, and Mercy Housing.
On 23 March, the city celebrated the gran opening of their first LGBTI-welcoming senior apartments.
Gay Star News
8 Things You Should Never Put in the Dishwasher
Stick to the Sink
The dishwasher is one of those “best things since sliced bread” inventions, saving you countless hours otherwise spent stooped over the sink. But, of course, we’ve yet to create a device that’s a kitchen-cleanup panacea — there are some things the dishwasher just shouldn’t tackle.