“Worst of them all is Kings County, New York, where a Brooklyner making a median income would need to…”

December 04 Comments Off on “Worst of them all is Kings County, New York, where a Brooklyner making a median income would need to…” Category: Feed, Tumblr

“Worst of them all is Kings County, New York, where a Brooklyner making a median income would need to set aside 98 percent of their salary to pay for a median-priced home of $615,000. But you can make do on 2% right? Food is too fattening anyway.”

Brooklyn is now the most unaffordable place to buy a home in America

UK House prices rise to four-year high, insurers deny an inflating bubble.

February 28 Comments Off on UK House prices rise to four-year high, insurers deny an inflating bubble. Category: Feed, Tumblr

UK House prices rise to four-year high, insurers deny an inflating bubble.: Financial contagion anybody?

How Student Debt Is Holding Back The Housing Market

May 03 Comments Off on How Student Debt Is Holding Back The Housing Market Category: Feed, Tumblr

How Student Debt Is Holding Back The Housing Market:

College grads should be getting ready to live the American Dream and buy a house of their own. But they’re being held back by their crushing debt loads […] Students got caught in a housing market spiral: many parents who had once used home equity to help finance college costs had to pull back when the market tanked, leaving students to take on more debt, which is now getting in their way of owning their own homes. […]

BTW: the housing market is rebounding on speculation of an increase in homeownership that WILL NEVER HAPPEN. Prepare for student debt to crash the US economy not just once, but twice. 

Over 300,000 empty homes…

April 07 Comments Off on Over 300,000 empty homes… Category: Feed, Tumblr

Over 300,000 empty homes…: the-money-in-the-matress:

nilskidoo:

Where did the people go? Are they all homeless now, or did the housing boom create 300,000 extra houses, maybe for the benefit of folks who were already homeless? And in light of all …