affordable housing

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Seattle Kills Tax in Face of Formidable Foe: Amazon

City council rolls back tax it had unanimously approved last month

(Newser) - What does defeat sound like? This: "We have reached the conclusion that this is not a winnable battle at this time." That was the pronouncement of Seattle Councilwoman Lisa Herbold Tuesday in advance of what ended up being a 7-2 vote to reverse a new tax the council... More »

Amazon Not Thrilled With Seattle's New 'Amazon Tax'

Tax on city's largest employers will bring in about $45M a year

(Newser) - "People are dying on the doorsteps of prosperity." That's per a city councilwoman in Seattle, where local politicians hope a new tax on big business will alleviate homelessness. On Monday, the Seattle City Council passed a "head tax," which starting in 2019 will be imposed... More »

The Eviction Process in the US: 'Efficient and Surreal'

The middle class is now being affected, thanks to gentrification, among other factors

(Newser) - John Williams once had a white-collar career as a political reporter and a $2,000-a-month apartment in suburban DC. Then he lost his job, fell behind on his rent to the tune of five figures, and was kicked out of his home by housing court. It was a "smooth,... More »

10 Least Affordable Housing Markets in US

You may need a golden ticket to live in many parts of the Golden State

(Newser) - California dreamin' may be just that, especially when it comes to being able to afford to live there. 24/7 Wall St. examined data from real estate company ATTOM Data Solutions—including wage info, monthly homeownership expenses, and median fair-market rent—to figure out which US counties offer the least affordable... More »

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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