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+21 +1
Homeless man becomes first person to live in 3D-printed house — see inside
“I hope I stay here until my last dying days.” Those are the words of Tim Shea, who has come a long way since his days as a homeless man once struggling with heroin addiction. He is now the first person ever to live in a 3-D-printed house, according to the home’s maker. On the outskirts of Austin, Texas, 70-year-old Shea has settled into his 400-square-foot home constructed by 3-D printing. His new home is situated in the Community First! Village site, which is comprised of houses for the chronically homeless.
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+18 +1
New Projects Combine Vertical Farming With Affordable Housing
A new project utilizes unused space inside affordable housing blocks to implement multistory vertical farming greenhouses. In an interview with Fast Company, Nona Yehia, CEO of Vertical Harvest, describes how "bringing the farm back to the city center can have a lot of benefits."
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+17 +1
Nearly 19 million Americans could lose their homes when eviction limits expire Dec. 31
Millions of households are behind on their rent and face a potential "fiscal cliff" early next year.
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+15 +1
Canada’s House Prices Are Soaring Because Reality Doesn’t Matter Anymore
Many people have been scratching their heads lately trying to understand how it is that Canada’s average house price jumped more than 17 per cent during the worst economic crisis to hit the world in decades. On its face, it seems senseless.
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+15 +1
Struggling Rental Market Could Usher in Next American Housing Crisis
Fallout from missed rent payments is threatening a swath of the U.S. population, as the expiration of eviction bans draws near. A large number of renters have been unable to pay some or even all of their rent since March, when the pandemic temporarily shut down most businesses. Many businesses remain closed or only partially open, pushing renters into unemployment and draining their savings.
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+12 +1
Mortgage applications fall 1.8 percent from previous week
Mortgage applications around the country dropped 1.8 percent last week from a week earlier even though rates tumbled to a new low, a new national report from the Mortgage Bankers Association said Wednesday.
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+14 +1
3 Million Americans Are Not Paying Their Mortgages Right Now
The number of Americans struggling to pay their mortgages has skyrocketed as the economy reels from the coronavirus pandemic, with nearly 3 million Americans behind by at least one month on their mortgage payments in the week ending April 12, according to the Mortgage Bankers Association.
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+4 +1
Rent Control: A Bad Idea Has Spread Again
Rent control is back in style. Despite real-world failed examples and bipartisan criticism from economists, it’s being revived in places and by people who thrive on emotion-based politics. New York, California and Oregon have all passed recent bills imposing some variation of rent control on housing statewide. Even some national politicians have called for it, including Alexandria Ocasio-Cortez, who said it should be universal.
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+1 +1
The 6 Best Ways to Save Money on Housing - The Frugal Fellow
Housing doesn't have to be expensive. If you'd like to save money on housing, check out this list, where I give you all my best tips.
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+17 +1
Could Co-Living Be Right For You?
If you could live in a luxury apartment (furnishing included), make new friends, and help reduce your carbon footprint, would you jump at the chance? Turns out, it could be within your reach. You already know about shared rides and shared working spaces, but now, sharing has made it to your residence. Introducing: co-living.
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+15 +1
US housing starts race to 12-year high in August
U.S. homebuilding surged to more than a 12-year high in August as both single- and multi-family housing construction increased, suggesting that lower mortgage rates were finally providing a boost to the struggling housing market. Housing starts jumped 12.3% to a seasonally adjusted annual rate of 1.364 million units last month, the highest level since June 2007, the Commerce Department said on Wednesday.
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+17 +1
These 'Lego' houses take a few days to build and are completely carbon-neutral
Not much has changed when building homes in the US. Dozens of workers show up at a dirt lot. Tons of materials are delivered. Crews hammer, pour, and nail them together over weeks and months, according to an architect’s drawings. One more family is housed, albeit often late and over budget, at an average cost of $428,000.
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+5 +1
Why Did Berlin Just Buy 674 Apartments?
Once state-owned housing, the apartment buildings of Karl Marx Allee have become the target of a bold city plan to keep rents affordable.
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+16 +1
Housing Can’t Be Both Affordable and a Good Investment
Promoting homeownership as an investment strategy is a risky proposition. No financial advisor would recommend going into debt in order to put such a massive part of your savings in any other single financial instrument—and one that, as we learned just a few years ago, carries a great deal of risk. Even worse, that risk isn’t random: It falls most heavily on low-income, black, and Hispanic buyers, who are given worse mortgage terms, and whose neighborhoods are systematically more likely to see low or even falling home values, with devastating effects on the racial wealth gap.
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+19 +1
It’s now cheaper to rent than buy in San Francisco, says report
In 2017, the real estate site Trulia crunched numbers and determined that it was still cheaper to buy than to rent in San Francisco, albeit by a very slim margin. At the time, San Jose had even worse figures: buying was cheaper than renting in the South Bay city too, but the difference was only 3.5 percent. Respectively, the two Bay Area cities had the most anemic returns for buyers nationwide in over seven years.
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+2 +1
House-hunting in Silicon Valley: tech's newly rich fuel a spectacle of excess
In Silicon Valley, an open house can be more than an open house. At a six-bedroom, seven-bath home in the town of Menlo Park, a flamenco dancer swirled and a guitarist fingerpicked in a kitchen alcove. Outside, pesto pizza was pulled from the pizza oven. A face painter splotched unicorns on pudgy cheeks. A barista whipped up lattes. There were squishy toys for kids and videos of the house for potential homebuyers, who could keep the video-players.
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+22 +1
Is buying with friends the future of housing?
With house prices having risen over the last decade, many young people have found it tough to get on the property ladder. Some are choosing to co-buy with friends, but it is not without its risks. Courtney McClure is buying a six-bedroom house with her husband Alex and another couple in south London. The deal is almost complete and the group is excited to make the property in Sydenham, which has a large garden and big communal spaces, their own.
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+2 +1
Millennials are struggling. Is it the fault of the baby boomers?
he late 1940s were about bombsites, rationing, loss and mourning, but amid the gloom a new generation was emerging. In the grim, grey aftermath of war, children were born on an unprecedented scale in a population explosion: the baby boomers – born between 1946 and the mid-60s – had arrived. It was time for a new life. It was time for the young to grow up with faith in a better tomorrow.
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+26 +1
Microsoft Pledges $500 Million for Affordable Housing in Seattle Area
The Seattle area, home to both Microsoft and Amazon, is a potent symbol of the affordable housing crisis that has followed the explosive growth of tech hubs. Now Microsoft, arguing that the industry has an interest and responsibility to help people left behind in communities transformed by the boom, is putting up $500 million to help address the problem.
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+30 +1
Landlords developing house rules on cannabis
If you’re a tenant who shares your building with other renters, you’ll likely have to hold off on sparking up in celebration of legalized marijuana next month. When recreational cannabis becomes legal on Oct. 17, one of the few places Canadians can legally smoke will be in private homes. For renters who live in multi-dwelling buildings, where they’re allowed to light up is a bit more complicated.
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