Doomed to fail? Hong Kong’s attempt to tackle ‘shoebox housing’ runs into trouble | Hong Kong
Lai Shan Zse moves quickly through the dingy, dimly lit stairwell of a unit block in Hong Kong's Mong Kok district. The social worker knocked on the door to announce her arrival, entered a small foyer, passed a tiled kitchenette where an elderly woman waved, and entered a narrow hall lined with what looked like […]
Housing supply jumps to 4-year high as homes sit unsold
Claman Countdown panelists Dorie and Jenny Lentz break down the top places Americans want to live. The housing shortage that has long plagued the United States may finally be easing, but the big factors driving supply aren't helping the stagnant market pick up again anytime soon. new Report from Redfin According to the report, the […]
Homelessness hit record high this year amid affordable housing shortage
Homelessness in the US has taken a hit highest level ever Federal regulators announced Friday as the affordable housing crisis intensifies this year. Department of Housing and Urban Development (HUD) Total of over 770,000 people The number of people experiencing homelessness on a single night in January has increased by 18% since 2023, but this […]
These were the 10 most popular housing markets in 2024
(news nation) — For the second year in a row, the Northeast dominated Zillow's list of hottest housing markets. Manchester, New Hampshire ranks top on real estate website 2024 rankingThis was based on consumer demand metrics such as page view traffic, home value growth, and home sales velocity. Typical home prices in Manchester have increased […]
Gavin Newsom Falls 2/3 Short of Housing Goal While Homelessness Rises
Newsom rescinded the 3.5 million figure in 2022, when his administration set a new, less ambitious goal while running for re-election. It required cities to plan for 2.5 million new housing units by 2030. During Newsom's tenure, 1.1 million new homes were built through the housing program, said Tara Gallegos, a spokeswoman for the governor's […]
6 Decades of Communism Leave a Third of Island’s Housing in Ruins
Cuba's collapse, caused by decades of disastrous communist policies, is underway, and a significant portion of the country's housing is in ruins, posing a high risk to poor residents living in buildings that may collapse at any time. is bringing about. Building collapses are a recurring and deadly problem for Cubans. The communist Castro regime, […]
New Hudson Yards project to add much-needed housing, hotel near Javits Center
It won't pop out of the ground overnight, but the fast-growing Far West Side, also known as the Hudson Yards neighborhood, will see future construction of a 72-story skyscraper apartment tower and a 28-story hotel. Gov. Cathy Hochul gave a “conditional designation” to a four-member development partnership to build a tower and Hilton-branded hotel at […]
Affordable housing is America’s top issue. What will Trump do about it?
There are many issues that President-elect Trump will have to tackle in the run-up to his inauguration. Nothing is more pressing than affordable housing. First, mortgage rates have risen sharply in recent years, from less than 3% in 2020.Today it's close to 7%. House prices in the US arerose nearly 50%The past four years have […]
Top housing markets for 2025 revealed in new forecast
Corcoran Group founder Barbara Corcoran argued during an appearance on “Kabuto: Coast to Coast” that a significant drop in mortgage rates would be “tremendous” for the market. Although the housing market has been depressed over the past few years due to soaring house prices and rising interest rates, there is ample latent demand and some […]
Protestors attempt to stop removal of hundreds of migrants from public-funded housing
Activists and several elected officials gathered outside New York Gov. Kathy Hochul's office at the Capitol in Albany on Monday to open two hotels in the state's capital region housing hundreds of migrants. protested the closure. New York City has a “right to shelter” law that requires the city to provide shelter to those who […]