Page 175 - Affordability News Today

A TikToker's video about the affordability of Trader Joe's versus other supermarkets struck a chord online.

Calculations for themselves in their lives not to take out big loans and whats the reward for them here? i think theres a moral hazard here. >> sandra: you know what i say with all this, ask somebody who supports it being done, then what. what does this incentivize? you will drive up tuition prices. >> even more. >> sandra: affordability goes down even further. and those that then get into this debt are going to expect it to happen again only with more debt on the books because it drove prices h...

The easter long weekend gives way to further election pledges, a dim view on affordability, and the potential end of a 25-year property supercycle: here are the biggest property and real estate stories from the past week.

Address broadband affordability.

But inflation go up, real wage growth is actually negative. bidens budget calls for 2.5 trillion in tax hikes, 36 total tax hikes to your point. 11 new taxes on energy. again, timing is everything at a time where the american family is really being hit hard and feeling the pain of rising fuel prices. i want to finish off by asking about what is going on with the u.s. housing market. seems to be what everyone is talking about. its extremely tight. we are seeing record prices for u.s. house sales....

Lack of social and affordable housing costs tens of millions of dollars every year in employment, health care, and justice services costs, according to recent research.

House rents have seen the strongest annual growth in 13 years, new analysis has revealed.

Then when we had those issues, right? so all in all i think its -- but i also think theres other things we can do to combat affordability outside of just interest rates. >> and what is that? >> so other things i would recommend to combat this issue is, i mean, on the front end you can be pretty creative and tactical about how you spin offers. you can submit offers with a seller credit back. we can then use that to buy down the rate to lower the monthly payment. we can leverage different new loan...

Think we have to pay attention to that. >> thats a really -- thats really great advice. so you mentioned inflation. lets talk mortgage rates. with the fed raising interest rates to fight inflation this year, rates have hit nearly 5%. that is the highest its been in a decade. so how does that affect buyers? >> yeah, thats a very good question. i mean, interest rates have definitely made it tougher in terms of an affordability standpoint for some. but i also think its a good thing. i think its goo...

The latest survey of sentiments among professionals in the property industry has revealed that confidence in the sector is still high, though concerns around housing affordability and supply are worse