economy
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News Round-Up: Housing Disasters, Natural and Man-Made
In this week’s News Round-Up, we find news stories showing that both natural disasters, and the disastrous economy, have combined with the nationwide shortage of rental housing affordable to low income people to create a crisis for many American families. In Vermont, manufactured home park residents whose homes were flooded during Hurricane Irene had no Continue reading
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Talk of the Town: The Long Slog
Oh, the jobs report. The first Friday of every month is a day of anticipation and anxiety as we await the release of the Department of Labors’ monthly employment situation summary. Will the unemployment rate finally drop? Will the U.S. create more jobs? Will the “long slog” towards economic recovery finally speed up a little? Continue reading
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Protecting Renters from Foreclosure- Permanently.
The housing market is sending decidedly mixed signals to Americans: On the one hand, increases in new home construction are suggesting to analysts that the housing slump might finally be over, which could mean positive economic impacts outside of the housing construction sector. On the other hand, banks are sending increasing numbers of homes into Continue reading
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News Round-Up: Doubling Up
This week’s news round-up shows the affects our nation’s high rental costs have on families and communities. According to the Coalition, Maryland is the 4th most expensive state for rental housing in the country. The Sentinel reports that many Maryland households are “doubling up” in response, putting a strain on households and putting more families Continue reading
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What Can FHFA Learn from the Banks’ Big Mistakes?
The National Fair Housing Alliance’s report, The Banks Are Back, Our Neighborhoods Are Not: Discrimination in the Maintenance and Marketing of REO Properties has people talking over at the National Low Income Housing Coalition. It’s not just the report’s finding that bank or “real estate-owned” (REO) properties in white neighborhoods are much better maintained and Continue reading