More housing is the solution for homeowners and renters alike

Make no mistake: it’s a difficult time for homebuyers right now, and California stands out as one of the nation’s toughest states to buy a home.in the country. High interest rates mean that even families that have enough for a down payment will be left with expensive, budget-busting mortgage payments. Experts are declaring right now asMillennials in California have growing families, and they’re going to need more housing options – not less.

For decades – renting has been synonymous with apartment buildings. The truth is many growing families need more space, but the only pathway to renting a single-family home is dealing with mom-and-pop owners who may not be great caretakers. For potential critics, it’s important to point out that single-family rental housing has no impact on the supply or cost of housing, a fact backed byhas found that roughly 574,000 single-family homes are owned by large companies or investors – just about one percent of the more than 46.6 million total rental properties available nationwide.

Property Property Latest News, Property Property Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Florida Homeowners Warned About Taking Squatters to CourtA Florida sheriff warned homeowners about a common solution to squatters in their homes.
Source: Newsweek - 🏆 468. / 52 Read more »

Park City reckons with how to house its priced-out workers serving luxury clienteleHousing in the resort town is getting more expensive, and lucrative short-term rentals are leaving few options for traditional Park City renters, including firefighters, teachers and service industry workers.
Source: sltrib - 🏆 316. / 61 Read more »

These Canadian cities are selling property for as low as $1 to get you to move thereThe dream for aspiring homeowners may look like scoring $1 worth of land amid rising housing prices and inflation.
Source: mercnews - 🏆 88. / 68 Read more »

Home Sellers Disappointed by Biden's $10,000 Tax CreditAmid housing supply challenges, Biden's tax credit offer faces scrutiny from homeowners locked in by low rates.
Source: Newsweek - 🏆 468. / 52 Read more »

How student housing around USC is transforming a historic Black and Latino neighborhoodDevelopers have been buying out longtime homeowners in South L.A., transforming a neighborhood west of USC away from single-family homes to modern student housing.
Source: latimes - 🏆 11. / 82 Read more »

More listings are hitting the housing market but relief from high prices isn't followingMore homes are starting to hit the housing market as the spring market approaches, a slight reverse of a trend of homeowners deciding to stay put.
Source: wsyx6 - 🏆 444. / 53 Read more »