#housing-costs
#housing-costs

2 weeks ago

Retirement

How To Budget for Owning a Home in Retirement-Before Costs Get Out of Hand

Rising housing costs challenge retirees' budgets, making careful financial planning essential for homeownership during retirement.

Real estate

Nearly half of retirees worry they'll outlive their savings, while 25% are burdened by housing costs

Many retirees are deeply concerned about outliving their savings, with anxiety affecting their perceived quality of life.

2 weeks ago

Retirement

How To Budget for Owning a Home in Retirement-Before Costs Get Out of Hand

Rising housing costs challenge retirees' budgets, making careful financial planning essential for homeownership during retirement.

Real estate

Nearly half of retirees worry they'll outlive their savings, while 25% are burdened by housing costs

Many retirees are deeply concerned about outliving their savings, with anxiety affecting their perceived quality of life.

more#retirement-planning

Retirement

2 weeks ago

A boomer struggled on $1,764 monthly in Social Security until she moved into a trailer to work at America's parks: 'It literally saved me'

Lisa Williams found a new life through work camping in national and state parks after facing housing insecurity.

#affordability

Business

Best US cities for renters as minimum wages rise and cost of housing falls

Rents across the US declined in November, providing relief to renters, especially minimum wage earners, amid ongoing affordability challenges.

SF real estate

Rent Burden by City: Where Residents Spend the Highest Share of Income on Rent

Typical renters spent 31% of their income on rent, highlighting a significant affordability issue compared to homeowners.

SF politics

Tim Walz is a YIMBY. He's supported a ton of new housing that's kept rents down in Minnesota.

Housing costs and affordability are top concerns for American voters. Minnesota Governor Tim Walz, known for boosting housing supply, is seen positively by pro-housing advocates.

3 weeks ago

NYC real estate

This unassuming Midwestern city is the most affordable for renters

Affordable rent is increasingly scarce as housing costs rise faster than wages.

WalletHub's report identifies cities where rent takes a lesser percentage of income, providing financial relief to renters.

fromMiami Herald

Miami

Miami Herald adds economic mobility reporter through support from 15 local contributors

South Florida's high housing costs hinder home ownership and economic mobility for many residents.

Business

Best US cities for renters as minimum wages rise and cost of housing falls

Rents across the US declined in November, providing relief to renters, especially minimum wage earners, amid ongoing affordability challenges.

SF real estate

Rent Burden by City: Where Residents Spend the Highest Share of Income on Rent

Typical renters spent 31% of their income on rent, highlighting a significant affordability issue compared to homeowners.

SF politics

Tim Walz is a YIMBY. He's supported a ton of new housing that's kept rents down in Minnesota.

Housing costs and affordability are top concerns for American voters. Minnesota Governor Tim Walz, known for boosting housing supply, is seen positively by pro-housing advocates.

3 weeks ago

NYC real estate

This unassuming Midwestern city is the most affordable for renters

Affordable rent is increasingly scarce as housing costs rise faster than wages.

WalletHub's report identifies cities where rent takes a lesser percentage of income, providing financial relief to renters.

fromMiami Herald

Miami

Miami Herald adds economic mobility reporter through support from 15 local contributors

South Florida's high housing costs hinder home ownership and economic mobility for many residents.

The average cost of a breakup is almost $4K - here's where sad single people are spending their money

The cost of a breakup for Gen Z can exceed $3,800, driven by impulsive spending and housing costs.

Many Gen Z individuals stay in unfulfilling relationships to share living expenses and avoid higher rents.

#income-levels

fromwww.ocregister.com

California

How Californians spend so much more than fellow Americans

Californians earn more but spend differently than the national average, especially on housing.

fromIrish Independent

UK news

Immigrants better educated and more likely to be in work, ESRI report finds

Foreign-born residents in Ireland face economic challenges, including lower incomes and high housing costs.

California

fromwww.ocregister.com

How Californians spend so much more than fellow Americans

Californians earn more but spend differently than the national average, especially on housing.

fromIrish Independent

UK news

Immigrants better educated and more likely to be in work, ESRI report finds

Foreign-born residents in Ireland face economic challenges, including lower incomes and high housing costs.

more#income-levels

fromIrish Independent

UK news

Migrants more likely to be in work compared with Irish-born but face greater poverty, ESRI report finds

Foreign-born residents in Ireland face significant income disparities and poverty despite being more educated and employed than Irish citizens.

#economic-challenges

Retirement

fromwww.theguardian.com

I feel trapped': how home ownership has become a nightmare for many Americans

Many homeowners in the U.S. are struggling financially due to rising ownership costs and unexpected expenses.

fromLos Angeles Times

California

Sunny but expensive: Thousands more workers left California than arrived during a stretch last year. Here's where they went.

California is losing workers to states with lower living costs, primarily due to high housing costs and the inability to attract and retain talent.

Retirement

fromwww.theguardian.com

I feel trapped': how home ownership has become a nightmare for many Americans

Many homeowners in the U.S. are struggling financially due to rising ownership costs and unexpected expenses.

California

fromLos Angeles Times

Sunny but expensive: Thousands more workers left California than arrived during a stretch last year. Here's where they went.

California is losing workers to states with lower living costs, primarily due to high housing costs and the inability to attract and retain talent.

more#economic-challenges

#housing-market

Remodel

NAHB to Congress: Ease regulatory burdens for builders

Reducing regulatory costs and permitting burdens is critical to lowering housing prices and increasing supply.

Business

Get a Good House for Dirt Cheap Prices in These Towns

Macon County, Illinois and Schuylkill County, Pennsylvania have the most affordable housing markets, with Hawaii and Idaho showing significant burdens on annual wages for housing.

Remodel

NAHB to Congress: Ease regulatory burdens for builders

Reducing regulatory costs and permitting burdens is critical to lowering housing prices and increasing supply.

Business

Get a Good House for Dirt Cheap Prices in These Towns

Macon County, Illinois and Schuylkill County, Pennsylvania have the most affordable housing markets, with Hawaii and Idaho showing significant burdens on annual wages for housing.

Two reports say Mass. is one of the most-moved-from states, but that's not the full story

Massachusetts' population growth is largely driven by international immigration despite residents leaving for more affordable areas.

Miscellaneous

I just bought a house and I'm considering easing up on my retirement savings - is this a bad idea?

Temporary reductions in retirement savings for home expenses may be acceptable.

Keep housing costs manageable to avoid long-term financial pressure.

Maximize employer 401(k) matches regardless of savings adjustments.

fromSun Sentinel

Miami

Florida senator wants to ease reserve cost burden for owners of low-rise condos away from ocean

Skyrocketing condo maintenance fees due to new reserve funding law are burdening residents, especially those on fixed incomes.

#retirement

Miscellaneous

Suze Orman Reveals Hidden Danger of Renting in Retirement - 'Make Sure You Are Not Blind to One Risk'

Renting is becoming increasingly popular among older Americans, with 1 in 5 renting to avoid maintenance costs.

Rent inflation poses a hidden risk for older renters considering long-term stability.

Digital life

The Silent Retirement Killer Draining Baby Boomer Savings

Rising housing costs severely impact baby boomers' retirement security.

Many baby boomers may need to downsize or return to work due to financial strain.

New York City

A boomer who couldn't afford retirement in the US moved to Ecuador and said she's living an 'upscale life on a modest budget'

Gretchen and Robert moved to Ecuador for affordable healthcare and housing, allowing them to retire comfortably on $3,000 a month.

Miscellaneous

Suze Orman Reveals Hidden Danger of Renting in Retirement - 'Make Sure You Are Not Blind to One Risk'

Renting is becoming increasingly popular among older Americans, with 1 in 5 renting to avoid maintenance costs.

Rent inflation poses a hidden risk for older renters considering long-term stability.

Digital life

The Silent Retirement Killer Draining Baby Boomer Savings

Rising housing costs severely impact baby boomers' retirement security.

Many baby boomers may need to downsize or return to work due to financial strain.

fromRedfin | Real Estate Tips for Home Buying, Selling & More

New York City

A boomer who couldn't afford retirement in the US moved to Ecuador and said she's living an 'upscale life on a modest budget'

Gretchen and Robert moved to Ecuador for affordable healthcare and housing, allowing them to retire comfortably on $3,000 a month.

more#retirement

#cost-of-living

fromRedfin | Real Estate Tips for Home Buying, Selling & More

Chicago

Chicago vs Milwaukee: Which City is Right for You? Comparing Real Estate, Cost of Living, Culture, and More

Chicago offers a vibrant urban landscape but higher costs, while Milwaukee provides affordable living with a more laid-back lifestyle.

fromRedfin | Real Estate Tips for Home Buying, Selling & More

Real estate

Pittsburgh vs Philadelphia: Which City is Right for You? Comparing Real Estate, Cost of Living, Culture, and More

Pittsburgh is generally more affordable than Philadelphia, with lower costs in housing, groceries, and healthcare.

fromRedfin | Real Estate Tips for Home Buying, Selling & More

Chicago

Chicago vs Milwaukee: Which City is Right for You? Comparing Real Estate, Cost of Living, Culture, and More

Chicago offers a vibrant urban landscape but higher costs, while Milwaukee provides affordable living with a more laid-back lifestyle.

Real estate

Pittsburgh vs Philadelphia: Which City is Right for You? Comparing Real Estate, Cost of Living, Culture, and More

Pittsburgh is generally more affordable than Philadelphia, with lower costs in housing, groceries, and healthcare.

more#cost-of-living

Rising housing and energy costs continue to have a significant impact on inflation.

more#inflation

Miscellaneous

fromABC7 San Francisco

Landlords are using AI to raise rents - and California cities are leading the pushback

Landlords using a single company's software to set rent prices is seen as an unlawful scheme inflating housing costs.

fromAustin Monitor

fromLondon Business News | Londonlovesbusiness.com

Austin

Local housing, child care costs remain high as analysts expect strong economy overall - Austin Monitor

Local leaders in Austin are concerned about housing costs, child care, and wages as key issues entering 2025.

Miscellaneous

Starmer sees 8 point drop in approval rating in the last two weeks - London Business News | Londonlovesbusiness.com

Keir Starmer's net approval rating drops to -32%, marking a significant decline in public support.

Business

fromShopify

How Much Does the Average Person Spend per Year? (2023) - Shopify

Understanding consumer spending patterns is crucial for businesses targeting the US market.

Consumer spending in the US increased significantly from 2020 to 2022, outpacing income growth.

fromPortlandTribune.com

SF politics

Portland voters passing 4 of 5 city ballot measures

Portland voters are largely favoring measures promoting environmental initiatives, while Measure 26-253 faces defeat due to housing cost concerns.

fromwww.mercurynews.com

East Bay (California)

Opinion: Proposition 5 would turbo-charge tax hikes, increase local debt

Proposition 5 threatens to raise property taxes and revert to pre-Proposition 13 conditions, endangering homeowners' finances.

fromThe Mercury News

California

18% of California households enjoy mortgage-free living

Only 18% of California households are mortgage-free, far below the national average of 26%.

SF real estate

Why Japan is one of the only countries that isn't fed up with housing costs

Rising housing costs frustrate many Americans, unlike Japan where satisfaction exceeds 70%.

The US experienced a notable decline in housing satisfaction from 61% in 2020 to 39%.

fromwww.cnbc.com

8 months ago

Remote teams

7 places across the U.S. that will pay you thousands of dollars to move there

Remote work enables job seekers to consider living in more affordable areas outside major cities.

California

fromSacramento Bee

How much money do you need to make to afford rent in California? What new study says

California has the highest housing costs in the country, with residents needing high hourly wages to afford rent.

fromBoston.com