affordable housing

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The Country's 10 Most Affordable Housing Markets

Tennessee, Michigan each hold 3 spots

(Newser) - 24/7 Wall St. looked at rental affordability and home buying affordability based on average area wages in order to come up with the 25 most affordable housing markets in the US. (Monthly house payments were based on a 3% down payment and included the mortgage, property tax, homeowner's... More »

Lawyer, Engineer Say Even They Can't Afford Palo Alto

City's planning and transportation commissioner explains why as she resigns

(Newser) - Palo Alto's planning and transportation commissioner sat down and did the math: For Kate Vershov Downing and husband Steve to purchase a home similar to the 4-bedroom, 2,300-square-foot dwelling they currently rent (with another couple, at $6,200 a month), their monthly payment would be $12,177. That'... More »

One in 30 US Kids Is Homeless

Figure up 8% from 2012 to 2013

(Newser) - The number of homeless children in the US has surged in recent years to an all-time high, amounting to one child in every 30, according to a comprehensive state-by-state report that blames the nation's high poverty rate, the lack of affordable housing, and the impact of pervasive domestic violence.... More »

DC's New Cheap Housing: Shipping Crates

An innovative project may boost the next trend

(Newser) - Off-campus housing isn’t known for being particularly innovative, but two real estate entrepreneurs are putting up housing near Catholic University made out of decidedly unusual materials: 8-by-40-foot steel shipping containers, reports the Washington Post . Each level hosts six containers and serves as its own apartment, with six bedrooms and... More »

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