Housing Bubble 2: Return of the Ugly

cross-posted from: https://lemmy.world/post/15197917

Washington State Ban on the Unhoused

Original Article

cross-posted from: https://lemmy.ca/post/21041217

Toronto developers are getting desperate as no one is buying condos anymore

Condo sales numbers in and around Toronto have taken a drastic tumble so far this year, and now that the market is starting to lean towards buyers ...

cross-posted from: https://lemmy.ca/post/21108234

He was evicted and his home was later listed on Airbnb. Meanwhile, his landlord hosted a charity event to end homelessness

The Landlord and Tenant Board found the landlord's conduct 'deplorable,' saying they clearly took advantage of a vulnerable tenant.

cross-posted from: https://lemmy.world/post/15333703

How Airbnb accidentally screwed the US housing market and made $100 billion

cross-posted from: https://lemmy.world/post/15303533

Renters need to make roughly $20,000 more a year to afford the typical rent than they did 5 years ago

cross-posted from: https://kbin.earth/m/nottheonion@lemmy.world/t/90648

American Airlines is Issuing 'Poverty Verification Letters' For New-Hire Flight Attendants Because Their Wages Are So Low

cross-posted from: https://lemmy.world/post/15328289

Have you tipped your landlord for Mother's Day?

cross-posted from: https://lemmy.world/post/15259571

bOth sIDeS aRe ThE SaME!!1!

An estimated 7000 AirBnB rentals to be eliminated by 2026.

cross-posted from: https://lemmy.world/post/15237248

Wall Street has spent billions buying homes. A crackdown is looming.

Lawmakers say investors that scooped up hundreds of thousands of houses to rent out are driving up home prices

Wall Street went on a home-buying spree. Now, more lawmakers want to stop it from ever happening again.

Democrats in the U.S. Senate and House have sponsored legislation that would force large owners of single-family homes to sell houses to family buyers. A Republican’s bill in the Ohio state legislature aims to drive out institutional owners through heavy taxation.

Lawmakers in Nebraska, California, New York, Minnesota and North Carolina are among those proposing similar laws.

While homeowner associations for years have sought to stop investors from buying and renting out houses in their neighborhoods, the legislative proposals represent a new effort by elected officials to regulate Wall Street’s appetite for single-family homes.

These lawmakers say that investors that have scooped up hundreds of thousands of houses to rent out are contributing to the dearth of homes for sale and driving up home prices. They argue that investor buying has made it harder for first-time buyers to compete with Wall Street-backed investment firms and their all-cash offers.

Non-paywall link