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Housing affordability

Can an Airbnb crackdown really make New York more affordable?

by Samantha Fields
Aug 24, 2023
The explosion of short-term rentals has exacerbated the city's housing crisis.
A New York City study found that the larger the number of Airbnbs, the higher the rents in a neighborhood. Above, a view of the Manhattan skyline.
Roy Rochlin/Getty Images
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High mortgage rates recall an era of ... high mortgage rates

by Meghan McCarty Carino
Aug 18, 2023
The highest mortgage rates in 20 years are now coupled with high home prices — bringing angst to many homebuyers.
The last time mortgage rates were this high was the early 2000s. Even then, those rates were low compared to the 1980s.
Paul J. Richards/AFP via Getty Images
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New study examines the viability of turning empty office blocks into homes

by Henry Epp
Aug 9, 2023
The paper considers whether tax breaks might incentivize developers to take on the conversions.
Converting empty office buildings into apartments can add affordable housing, bring more people into downtowns and cut carbon emissions, according to the paper.
Justin Sullivan/Getty Images
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U.S. asking rents decline (slightly), but continue to rise in some regions

by Samantha Fields
Jul 28, 2023
Asking rents are down 1% nationally, though they're still rising in some regions.
A man watches apartment construction in Austin, Texas. The increase in apartment supply is one reason for cooling rents.
Brandon Bell/Getty Images
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Adventures in Housing

Co-buying a house with your best friend

by Maria Hollenhorst
Jul 27, 2023
The lack of affordability has spurred “nontraditional setups” like this partnership between women who trust each other and work well together.
In 2022, Cass Lang, left, and Jordan Heiden bought a home together in Vermont. “We both wanted the same thing at the same time, so why would we not do it?” Lang said.
Courtesy Lang
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With housing in short supply, some resort towns pay landlords to rent to locals

by Rachel Cohen
Jun 1, 2023
Resort communities that saw growth during the pandemic are trying to stop the bleed of local workers being priced out.
Amber Kennedy’s roommate in the house they rent through Lease to Locals, a program that encourages property owners to rent to local workers.
Rachel Cohen
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Millions of dilapidated houses sit vacant in the U.S. A Colorado college program aims to change that.

by Dan Boyce
May 11, 2023
Construction students get blighted homes back on the market under the auspices of a community college program.
Jerry Begley, construction training program manager at Trinidad State College, points to the century-old earthen interior of a COPERR program project in the west end of town.
Dan Boyce
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Lower mortgage fee will help some buyers with Fannie and Freddie loans

by Samantha Fields
Apr 25, 2023
The Federal Housing Finance Agency will lower the loan-level price adjustment fee for people with smaller down payments.
The number of new home sales was up almost 10% in March, according to the U.S. Census Bureau and Department of Housing and Urban Development.
Justin Sullivan/Getty Images
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What high mortgage rates have to do with your rent

by Sabri Ben-Achour
Apr 11, 2023
Rising mortgage rates have kept would-be buyers renting — straining the supply of available apartments and pushing prices up.
Despite slowing rent inflation, high mortgage rates are keeping some would-be homebuyers in apartments — which can increase competition and boost the cost of rent.
Justin Sullivan/Getty Images
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Western resort towns see record-breaking real estate prices — and housing woes

by Will Walkey
Mar 6, 2023
More wealthy people are moving to mountain communities, pushing up home values and pushing out some local workers.
Ariel Kazunas says she’s dealt with unstable housing for most of the decade she's lived in Jackson Hole, Wyoming. For one season, she lived out of a vehicle.
Courtesy Joey Sackett
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