Tag #Homeownership

Showing 13 to 24 of 43 results

theglobeandmail.com
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BOF Capital Launches $150 Million Fund to Empower Black Canadian Entrepreneurs and Homeowners

BOF Capital, a new investment company launched by the Black Opportunity Fund, aims to raise $150 million by year-end for a private equity growth fund and a shared equity housing fund to address the economic empowerment of Black Canadians, tackling low homeownership rates and limited business investm...

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24% Bias Score

Reduced Inequality
smh.com.au
🌐 75% Global Worthiness
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Generation X: Unhappiness and Financial Hardship

A recent study reveals that Generation X, born between 1965 and 1980, reports the lowest happiness levels among generations, with 31% stating unhappiness, due to economic hardships during their peak earning years and facing potential pension cuts in retirement.

Progress

52% Bias Score

Reduced Inequality
lemonde.fr
🌐 75% Global Worthiness
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France Considers Eliminating Social Housing, Shifting Funds to Homeownership

French Justice Minister Gérald Darmanin and others propose redirecting billions of euros from social housing towards zero-interest home loans, potentially impacting 10.5 million people currently residing in social housing, despite a housing shortage and increasing vulnerability of residents.

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64% Bias Score

Reduced Inequality
forbes.com
🌐 85% Global Worthiness
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Young Adults Shun Homeownership, Prioritizing Flexibility Amidst Economic Uncertainty

A record-high 38-year-old median age for first-time homebuyers in 2024 signals a dramatic shift away from homeownership among young adults in the U.S., driven by economic uncertainty, job market precarity, and climate change concerns; this challenges the existing pro-homeownership tax code and could...

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56% Bias Score

Reduced Inequality
theguardian.com
🌐 75% Global Worthiness
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Australian Home Prices Surge After Rate Cut

Fueled by a February rate cut, Australian national home prices rose 0.4% in March 2025, reaching a new peak for the year; however, this increase is creating significant challenges for first-home buyers and renters.

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44% Bias Score

Reduced Inequality
smh.com.au
🌐 75% Global Worthiness
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Slight Dip in Australian House Prices Fails to Address Deepening Affordability Crisis

A minimal 0.1% drop in Australian house prices, amounting to less than \$1000 on average, fails to resolve the escalating housing affordability crisis, where young people now require 17 years of average household income to buy a home, compared to nine years 25 years ago. This has prompted discussion...

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40% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 75% Global Worthiness
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UK "Booster Mortgages": Helping First-Time Buyers, But With Shared Liability

New "booster mortgages," such as NatWest's "Family Backed Mortgage," allow family members to boost a buyer's income for higher loan approvals; the buyer is solely responsible for repayments, but the booster shares liability.

Progress

36% Bias Score

Reduced Inequality
smh.com.au
🌐 75% Global Worthiness
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Perth's Housing Crisis: Even High-Income Earners Priced Out

Soaring Perth property prices since 2019 have priced out even high-income earners, with new data showing that single individuals in 17 professions couldn't save enough for a 20% deposit, and only three out of seventeen analyzed couples could, highlighting the urgent need for housing policy changes.

Progress

56% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 75% Global Worthiness
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UK Over-60s Hold Nine Times More Housing Wealth Than Under-35s

New data reveals that Britain's over-60s hold £2.89 trillion of housing wealth—nine times more than those under 35—due to longer financial lifetimes, house price appreciation, and lower mortgage debt, creating significant intergenerational equity concerns.

Progress

48% Bias Score

Reduced Inequality
forbes.com
🌐 75% Global Worthiness
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Trapped Equity: The Paradox of America's $35 Trillion Housing Wealth

American homeowners collectively hold over $35 trillion in housing wealth, an 80% increase since 2020; however, rising property taxes, high interest rates, and the inclusion of home equity in financial aid calculations create a 'trapped equity' dilemma, limiting access to liquidity and challenging t...

Progress

56% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 75% Global Worthiness
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UK Homeownership: Outright Ownership Surpasses Mortgages

Government figures reveal 37% of British households owned their homes outright in 2023/2024, exceeding the 28% with mortgages, a trend attributed to previous low mortgage rates, and contributing to the housing market's resilience against recent economic instability.

Progress

44% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 85% Global Worthiness
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Florida Considers Eliminating Property Taxes Amid Soaring Home Costs

Florida lawmakers are considering eliminating property taxes, a move driven by soaring home costs and impacting fixed-income residents; the state would be the first to do so if approved, posing financial challenges but potentially alleviating homeowner burdens.

Progress

36% Bias Score

Reduced Inequality

Showing 13 to 24 of 43 results