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Treasury cracks the whip on money laundering
Source: Housing Wire --- The U.S. government is laser-focused on uncloaking bad actors hiding behind shell companies to engage in money laundering and other illicit activities and is seeking to adopt new regulations to accomplish that goal — rules that will impact the...
Hope for affordable housing? Single room occupancy units touted as model solution
Source: Norman Transcript --- When it comes to homelessness and affordable housing, a nonprofit has suggested Norman look to single room units modeled in Houston — an approach at least one organization has successfully implemented. U.S. Census data shows Houston is...
Millennials And Housing, Part 4: Mind The Gap: Intergenerational Housing Wars
Source: Forbes --- Our study on U.S. Millennials and their difficult path to home ownership has spotlighted the role family and older generations play in hindering—but also helping—25 to 40-year-olds in their quest to buy a home. Discussion of this issue requires both...
Returns on home flips drop to lowest level since first-quarter 2011
Source: Scotsman Guide --- Home-flipping profit margins fell to their lowest point in nearly a decade as of third-quarter 2021, according to Attom Data Solutions’ newest U.S. Home Flipping Report. From July through September, 94,766 single-family houses and...
LETTER: Offshore investors compound housing issues
Source: Vancouver Island Free Daily --- I’m not interested in the value of my home. I chose what was semi-rural because I don’t need amenities many younger people demand. My parents’ families had 3-5 kids, their parents had 10, so why can’t we find enough homes for...
Why building affordable housing in a resort community is difficult
Source: Ski-Hi News --- As Summit County and its leaders continue to puzzle out the complexity of the community’s lack of affordable housing, many community members suggest that building more units should be considered as a primary solution. But this is a convoluted...
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