Tag #Housing Crisis

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us.cnn.com

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Jul 4, 16:12

Mamdani's Ambitious NYC Housing Plan Faces Steep Challenges

New York City mayoral frontrunner Zohran Mamdani plans to build 200,000 affordable apartments and double public housing funding within a decade, facing challenges from rising development costs, potential federal funding cuts under the Trump administration, and the complexity of affordable housing de...

Mamdani's Ambitious NYC Housing Plan Faces Steep Challenges

New York City mayoral frontrunner Zohran Mamdani plans to build 200,000 affordable apartments and double public housing funding within a decade, facing challenges from rising development costs, potential federal funding cuts under the Trump administration, and the complexity of affordable housing de...

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How might Mamdani's proposed rent freeze affect both tenants and affordable housing owners, and what are the potential unintended consequences?

Mamdani's plan faces hurdles from escalating expenses for rent-regulated units (up 22% since 2020), a proposed 40% reduction in federal rental assistance, and the already strained financial state of many affordable housing owners. His proposed rent freeze, while potentially helping tenants, might worsen the financial condition of some landlords, hindering new construction.

forbes.com

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Jul 3, 19:18

Apartment Property Taxes Drive Rent Hikes, Exacerbating Housing Crisis

A study by the Lincoln Institute of Land Policy and the Minnesota Center for Fiscal Excellence reveals that apartment buildings pay 44% higher effective property taxes than single-family homes on average, forcing rent increases and exacerbating housing affordability issues.

Apartment Property Taxes Drive Rent Hikes, Exacerbating Housing Crisis

A study by the Lincoln Institute of Land Policy and the Minnesota Center for Fiscal Excellence reveals that apartment buildings pay 44% higher effective property taxes than single-family homes on average, forcing rent increases and exacerbating housing affordability issues.

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Reduced Inequality

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How do variations in property tax rates across different jurisdictions directly impact the affordability and viability of apartment buildings and renters?

Property taxes significantly impact apartment building operations, forming a substantial portion of fixed costs. Increases in property taxes necessitate rent hikes, potentially impacting affordability and building viability. This dynamic is particularly acute given that property tax increases are unavoidable and often disproportionately affect apartment buildings.

news.sky.com

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Jul 2, 10:12

UK to Build 180,000 Social Homes by 2035

The UK government plans to build 180,000 new social homes by 2035, a sixfold increase over the last decade, backed by a £39bn investment, aiming to alleviate the housing crisis despite challenges from rising construction costs.

UK to Build 180,000 Social Homes by 2035

The UK government plans to build 180,000 new social homes by 2035, a sixfold increase over the last decade, backed by a £39bn investment, aiming to alleviate the housing crisis despite challenges from rising construction costs.

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Sustainable Cities and Communities

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What is the immediate impact of the announced plan to build 180,000 new social homes?

Angela Rayner announced plans to build 180,000 new social homes in the next 10 years, a sixfold increase compared to the previous decade. This is part of a larger plan to build 300,000 social and affordable homes by 2035, backed by a £39 billion investment.

elpais.com

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Jun 27, 07:15

Sumar Pushes for Ninefold Increase in Spain's Housing Plan Budget

Spain's junior coalition partner, Sumar, demands a ninefold increase—to €65 billion—in the State Housing Plan budget (2026-2029), contrasting with the PSOE's €7 billion proposal, to tackle soaring housing prices (64% since 2014) and stagnating wages (23%).

Sumar Pushes for Ninefold Increase in Spain's Housing Plan Budget

Spain's junior coalition partner, Sumar, demands a ninefold increase—to €65 billion—in the State Housing Plan budget (2026-2029), contrasting with the PSOE's €7 billion proposal, to tackle soaring housing prices (64% since 2014) and stagnating wages (23%).

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How does Sumar's proposed plan aim to address the widening gap between housing prices and wages in Spain?

Sumar's proposal aims to address Spain's housing crisis, marked by a 64% increase in housing prices since 2014 versus a 23% rise in wages. Their plan involves using the State Land Entity (Sepes) as a direct real estate developer to avoid private sector markups and create affordable public housing.

elpais.com

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Jun 26, 07:16

Spanish Food Companies Predict Decline in Home Cooking by 2050

Mercadona and Ebro Foods executives forecast a decrease in home cooking by 2050 due to time constraints, smaller living spaces, and the housing crisis, leading to increased demand for ready-made meals.

Spanish Food Companies Predict Decline in Home Cooking by 2050

Mercadona and Ebro Foods executives forecast a decrease in home cooking by 2050 due to time constraints, smaller living spaces, and the housing crisis, leading to increased demand for ready-made meals.

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Zero Hunger

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How does the current housing crisis in Spain specifically contribute to the shift away from home-cooked meals?

The executives' statements highlight a shift in consumer behavior, driven by limited time, space, and energy resources, especially impacted by the current housing crisis. Smaller, more expensive apartments farther from work limit time and energy for cooking, favoring convenience.

bbc.com

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Jun 25, 13:17

Manchester Social Housing Tenants Protest Unsafe Living Conditions

Social housing tenants in Middleton, Manchester, are protesting unsafe living conditions, including damp, mold, and rat infestations, causing serious health issues for children; Riverside Housing Association, despite investments, faces criticism for insufficient action.

Manchester Social Housing Tenants Protest Unsafe Living Conditions

Social housing tenants in Middleton, Manchester, are protesting unsafe living conditions, including damp, mold, and rat infestations, causing serious health issues for children; Riverside Housing Association, despite investments, faces criticism for insufficient action.

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Good Health and Well-being

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What immediate actions are needed to address the health and safety crisis in Middleton's social housing, ensuring children's well-being and preventing further harm?

In Middleton, Manchester, social housing tenants are protesting the conditions of their homes, citing health issues like breathing problems and skin lesions in children due to dampness, mold, and rat infestations. Two tenants, Natalie and Becky, detailed their families' experiences, including hospitalizations and severe distress from living in these conditions. Riverside Housing Association, the landlord, has invested £4.3 million in improvements but faces continued criticism for the ongoing issues.

elmundo.es

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Jul 4, 01:13

Madrid Receives Addresses of 3,565 Illegal Tourist Apartments

The Spanish Ministry of Social Rights has given Madrid City Hall addresses for 3,565 illegal tourist apartments, following previous warnings and data sharing, aiming for closure and sanctions to address Spain's housing crisis.

Madrid Receives Addresses of 3,565 Illegal Tourist Apartments

The Spanish Ministry of Social Rights has given Madrid City Hall addresses for 3,565 illegal tourist apartments, following previous warnings and data sharing, aiming for closure and sanctions to address Spain's housing crisis.

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Sustainable Cities and Communities

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How do the ministry's actions against illegal tourist rentals connect to broader efforts to address Spain's housing shortage?

This action is part of a broader effort to combat the proliferation of illegal tourist rentals and address Spain's housing crisis. The ministry has also secured the removal of thousands of illegal listings from platforms like Booking and Airbnb, and initiated several sanction procedures against platforms and agencies.

cincodias.elpais.com

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Jul 3, 07:15

Spain to Use "Bad Bank" Assets to Boost Housing Supply

The Spanish government plans to use Sareb, the "bad bank," holding enough land to build 311,728 additional homes, to alleviate the housing shortage by transferring 40,000 finished homes and land for 55,000 more to a new state-owned housing company.

Spain to Use "Bad Bank" Assets to Boost Housing Supply

The Spanish government plans to use Sareb, the "bad bank," holding enough land to build 311,728 additional homes, to alleviate the housing shortage by transferring 40,000 finished homes and land for 55,000 more to a new state-owned housing company.

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How does Sareb's past lack of investment in land development contribute to the current housing shortage in Spain?

Sareb's land reserves, totaling 24,268 plots suitable for 311,728 homes, represent a significant untapped resource. This contrasts with Sareb's past lack of investment in developing these plots, resulting in diminished value. The government's plan leverages these assets to increase housing affordability.

bbc.com

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Jun 29, 16:16

Northern Ireland's Housing Crisis Exacerbated by The Open

The Open golf tournament's economic benefits are offset by exacerbating Northern Ireland's housing crisis, as evidenced by a mother facing homelessness due to her rental property's conversion into a holiday let; this highlights the need for increased local authority powers to regulate short-term ren...

Northern Ireland's Housing Crisis Exacerbated by The Open

The Open golf tournament's economic benefits are offset by exacerbating Northern Ireland's housing crisis, as evidenced by a mother facing homelessness due to her rental property's conversion into a holiday let; this highlights the need for increased local authority powers to regulate short-term ren...

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How do short-term rentals contribute to the housing crisis in Northern Ireland, and what are the broader societal impacts?

The increased demand for housing during major events like The Open leads to inflated rental prices, forcing long-term residents from their homes to make way for short-term holiday rentals. This trend, observable in other areas of the UK and Europe, demonstrates a systemic failure to balance the economic benefits of tourism with the needs of local communities. The consequence is the displacement of families and the potential depopulation of affected areas.

elpais.com

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Jun 26, 07:16

Madrid's Housing Boom Halted by Environmental Lawsuits

In Madrid, Spain, over 9,650 planned homes face legal challenges due to insufficient environmental impact assessments, with ecologists and residents successfully halting projects in Pozuelo de Alarcón and Alcobendas, and targeting others in San Sebastián de los Reyes, Alcorcón, and Cercedilla, while...

Madrid's Housing Boom Halted by Environmental Lawsuits

In Madrid, Spain, over 9,650 planned homes face legal challenges due to insufficient environmental impact assessments, with ecologists and residents successfully halting projects in Pozuelo de Alarcón and Alcobendas, and targeting others in San Sebastián de los Reyes, Alcorcón, and Cercedilla, while...

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Sustainable Cities and Communities

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What are the immediate consequences of the court rulings halting thousands of planned homes in Madrid, and what is the broader impact on the region's housing plans?

More than 9,650 planned homes in Madrid have been halted due to environmental concerns, despite approval from local councils. This follows legal challenges by environmental groups and residents, who are targeting additional projects totaling over 7,000 homes. A regional government initiative to accelerate urban development is raising further environmental concerns.

elpais.com

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Jun 26, 07:16

Spanish Startup Offers Fractional Homeownership to Combat Housing Crisis

Barcelona-based startup Habitacion.com, founded in 2023 by Oriol Valls and Anna Bedmar, facilitates the purchase of individual rooms in shared apartments, addressing Spain's housing crisis by enabling fractional homeownership; in 2024, they brokered €3.4 million in transactions, with over 21,000 peo...

Spanish Startup Offers Fractional Homeownership to Combat Housing Crisis

Barcelona-based startup Habitacion.com, founded in 2023 by Oriol Valls and Anna Bedmar, facilitates the purchase of individual rooms in shared apartments, addressing Spain's housing crisis by enabling fractional homeownership; in 2024, they brokered €3.4 million in transactions, with over 21,000 peo...

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What is the impact of Habitacion.com's fractional ownership model on Spain's housing affordability crisis?

Habitacion.com, a Spanish startup, allows young people to purchase individual rooms in apartments instead of renting, addressing Spain's housing crisis. In 2024, they facilitated €3.4 million in transactions, involving over 80 room sales. The company aims for profitability by 2026.

english.elpais.com

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Jun 22, 10:14

Dallas Eviction Center Fights Systemic Inequalities

The Dallas Eviction Advocacy Center (DEAC) prevents evictions in Dallas, Texas, by providing free legal aid to vulnerable defendants, achieving a 60% success rate while highlighting systemic inequalities in housing laws and assisting around 30,000 people since its founding in 2020.

Dallas Eviction Center Fights Systemic Inequalities

The Dallas Eviction Advocacy Center (DEAC) prevents evictions in Dallas, Texas, by providing free legal aid to vulnerable defendants, achieving a 60% success rate while highlighting systemic inequalities in housing laws and assisting around 30,000 people since its founding in 2020.

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How does DEAC's approach expose and challenge systemic inequalities within the Texas eviction system?

DEAC's "movement advocacy" approach involves directly confronting systemic issues within the legal framework of evictions, challenging the often-unsympathetic court system that prioritizes payment over extenuating circumstances. By acting as "shield lawyers", they expose flaws in the system and fight for tenants, impacting thousands annually. The center's success rate, while initially high (96%), has decreased to around 60% as caseloads increase, reflecting the overwhelming need for legal aid in the face of high eviction rates in Dallas.

Showing 37 to 48 of 564 results