April 6, 2015
Housing and Transportation Affordability Index
The Center for Neighborhood Technology has a Housing and Transportation Affordability Index which provides a more comprehensive way of thinking about the true affordability of place. It presents housing and transportation data as maps, charts and statistics for 917 metropolitan … Continue reading
April 6, 2015 in Equity | Permalink | No Comments
April 2, 2015
Housing Affordability for Moderate-Income Households
The Center for Housing Policy’s most recent issue of Housing Landscape gives its Annual Look at The Housing Affordability Challenges of America’s Working Households. The Center finds that Overall, 15.2 percent of all U.S. households (17.6 million households) were severely housing cost … Continue reading
April 2, 2015 in Equity | Permalink | No Comments
April 1, 2015
Mortgaging the Future
The Federal Reserve Bank of San Francisco’s most recent Economic Letter is titled Mortgaging the Future? In it, Òscar Jordà, Moritz Schularick, and Alan M. Taylor evaluate the “Great Mortgaging” of the American economy: In the six decades following World War … Continue reading
April 1, 2015 in Equity | Permalink | No Comments
March 20, 2015
Foreign Funding for Real Estate Projects
Jeanne Calderon and Gary Friedland have posted A Roadmap to the Use of EB-5 Capital: An Alternative Financing Tool for Commercial Real Estate Projects. The paper provides a great overview of a relatively new source of funding for real estate deals. … Continue reading
March 20, 2015 in Equity | Permalink | No Comments
March 19, 2015
Tax Expenditure Wars: Wealthy Households v. Poor
Henry Rose has posted How Federal Tax Expenditures That Support Housing Contribute to Economic Inequality to SSRN. This short article examines “how federal income tax laws benefit more affluent owner households but provide no benefits to economically-strapped renter households.” (1) Housing … Continue reading
March 19, 2015 in Equity | Permalink | No Comments
March 12, 2015
Reiss on Being Financially Overextended
US News & World Report quoted me in 5 Signs You’re Financially Overextended. It reads in part, Are you managing your debt? Or is it managing you? If you’re stuck in a money quicksand trap, you may not even realize at first … Continue reading
March 12, 2015 in Equity | Permalink | No Comments
March 3, 2015
Salary Needed for a House in 27 Cities
HSH.com has posted a study to answer the question — How much salary do you need to earn in order to afford the principal, interest, taxes and insurance payments on a median-priced home in your metro area? The study opens, … Continue reading
March 3, 2015 in Equity | Permalink | No Comments