Posts tagged Mortgages
-
To escape poverty, buying a home beats investing in stocks
When lower income people rise to the middle class, it's good for everyone. It makes the city safer, improves the economy, and of course it's a huge social good on its own terms. Finding ways to help that happen is one of the most important things cities can do. And few things matter more to that equation than urban housing. Keep reading…
-
What top government officials remember about the 2008 housing crisis
It’s been more than eight years since the United States plunged into a recession and an enormous housing crisis. Shortly after President Obama took office, top officials scrambled to remedy a housing crisis and stabilize the economy. This post highlights the major themes of a recent event at the Urban Institute called “Housing Policy Past and Future: Lessons Learned Through the Crisis and the Path Forward,” where a number of these officials discussed their experience. Keep reading…
-
National links: Trump on transit, housing, and more
This week's national links are going live at a unique time in history, to say the least. Here's a rundown of what might be on tap in the world of transportation, land use, and other related areas now that Donald Trump is the president. Keep reading…
-
More on why buying your first home in the DC region is so hard
For first-time homebuyers, saving up for a down payment or taking on another loan to buy a house can be all but impossible. But those aren’t the only big challenges to buying a house. Here’s how competing against buyers who can afford not to use a mortgage, risk having to pay for unexpected repairs after making a deal, or simply offer more than the highest amount you’re willing to pay can… Keep reading…
-
Buying a house is incredibly difficult for me. Here’s why.
As a young person in DC paying what feels like a ridiculous amount in rent, I wonder about buying my own place. With these crazy prices, wouldn’t it be worth just making the jump to ownership? Well… no. When it comes down to it, buying a home of any size in DC is just not possible for me. And I’m not alone. Keep reading…
-
The biggest beneficiaries of housing subsidies? The wealthy.
It’s almost the first of the month, and that means rent’s due. That rent or mortgage check is the single biggest expense in most Americans’ budgets, so it’s no wonder that Congress directs a ton of federal dollars to housing. But what should be surprising—and infuriating—is that a lot of this support goes to housing the wealthy, while very little… Keep reading…
-
Breakfast links: A fresh start
Starting over; Another palooza; Not in my front yard; Uneven; High/low; Arlington candid camera; BRT in Baltimore?; Wanted: women on wheels; And…. Keep reading…
-
Breakfast links: Policy problems
Serving all vs curbing fraud; Gas stations forever; Working on the railroad; Artistic vision; Pay to play; No AP for you!; Subsidy subversion; Bike Blitzkrieg; And…. Keep reading…
-
Breakfast links: Out of batteries
Less money from cameras; Watch out for drivers; Black gold in Virginia?; Broke in Bethesda; Homeless hotels; A county underwater; Boost biking; Bowser meets Boehner; Dig into Metro ridership; And…. Keep reading…
-
Breakfast links: Life of a Mayor
Marion Barry dies; Olympics group eyes venues; Improve the stadium deal; Wilson changes popular; From nowhere to NoMa; What’s next for streetcars; No Hollywood here; And…. Keep reading…