The United States is currently facing a persistent shortage of affordable housing, which has spread from densely packed cities to many metropolitan areas across the country. Despite the recent improvements in housing output, the housing affordability crisis continues to deepen, driving up home prices and rental rates faster than wages. According to NLIHC, most renters spend 30% or more of their income on rent. This basically means that many Americans aren’t able to comfortably pay rent or buy a home, and still have enough money to cover all of their monthly expenses.
Manufactured Housing News
Thursday, 2 April 2020
Tags: affordable housing
Currently, the United States is facing an affordable housing shortage of approximately 7 million units. Under the circumstances, the fact that the H.R. 4351, also known as the “Yes in My Backyard” (YIMBY) Act, has recently passed the House comes as no surprise. To understand the legislative consequences of this bill and what it means for lower-income families, let’s analyze the proposed amendments that will come into effect if the bill is signed into law.
When establishing New Year’s resolutions, most financial institutions focus on two major aspects: future investments and money saving strategies. A good way to understand the factors that prevented you from achieving your financial goals in the past is to analyze previous performance reports. But analyzing business data won’t allow you to identify the best investment opportunities for 2016.