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Older Workers in U.S. Moving Less While Working Longer in Life
Source: The World Property Journal --- According to a new report released by the Mortgage Bankers Association's Research Institute for Housing America (RIHA), older college-educated homeowners are two times more likely to leave the workforce after a job loss than home...
Biden’s new dilemma: How to slash housing costs for low-income borrowers
Source: Politico --- President Joe Biden’s move to fire the top U.S. mortgage regulator is triggering calls from fellow Democrats to use the agency to expand access to loans for lower-income people, who have struggled to buy homes since the financial crisis. That’s...
With house prices through the roof, young buyers’ hopes go out the window
Source: The Guardian --- House prices are soaring and gazumping has returned in property hotspots. The average cost of a home jumped by 13.4% in June from the same month last year, according to Nationwide building society. This is more than four times the 3% annual...
Sublease or buyout? Each scenario is messy for tenants
Source: Daily Bulletin --- Situations change rapidly in California’s business climate. What happens when a business needs to pivot, quickly? Recently, I wrote of the ways in which you can extract yourself or your company from a lease obligation.
What Problem? Canadian Boomers Love This Real Estate Market: Royal LePage
Source: Better Dwelling --- Soaring home prices may be a pain for some generations, but not for Boomers. Royal LePage released the results of its 2021 Boomer Survey. The survey found the majority are homeowners, with many having most of their net worth in real estate....
Demand for Life Sciences Lab Space Heats Up in 2021
Source: The World Property Journal --- According to a new report from CBRE, life-science lab space in the U.S. has emerged as a coveted sector of commercial real estate as hefty increases in funding and employment have fueled both demand for lab space and construction...
The housing affordability crisis is likely worse than you think
Source: Stuff--- A few years ago, an essay in the New Yorker began with this ominous opening line: “It is, I promise, worse than you think.” That story was about climate change, but the same sentiment applies to Aotearoa New Zealand's housing market. Anyone who...
Adirondack housing crisis is pricing out local families, workers
Source: Adirondack Daily Enterprise --- The pandemic spurred the sale of second homes and the short-term vacation rental market is booming, leaving locals and seasonal workers with few affordable options and forcing some to leave town. Rick Kipp and his wife Samantha...
Douglas Todd: Sky-high housing prices causing psychological harm
Source: Vancouver Sun --- In the almost two years since Sunny and Shilpi moved from Delhi and became permanent residents through Canada’s express-entry program, they have been patching together beginner-level jobs in technology while running a small business. That way...
How Does Real Estate Perform During Inflation?
Source: NASDAQ --- Is your house an investment? With housing prices on the rise, it sure seems like it is. But over the long run, it's a different story. On a Motley Fool Live episode recorded on June 17, Motley Fool contributor Matthew Frankel discusses the...
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