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Page 12 - ஹார்வர்ட் பல்கலைக்கழகம் கூட்டு மையம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

COVID Has Put Millions of Renters and Landlords Behind — and Worried

Image zoom From left: a rental notice in Illinois; A Phoenix apartment resident carries out a bag of clothing while being evicted for non-payment of rent in October; a vacant apartment unit damaged by burst pipes following winter weather in Texas. | Credit: Max Herman/NurPhoto via Getty; John Moore/Getty; Courtesy Angela Wiley I cried all day today, says 25-year-old Victoria Williams, who lost her housekeeping job last March at an all-suite hotel near the French Quarter in New Orleans as COVID-19 spread. I wake up every day and think, What next? Williams says. I don t know who to call.

Demographia: Australia 3rd most unaffordable housing market

MacroBusiness Access Subscriber Only Content at 12:10 am on March 4, 2021 | 22 comments The 2021 Demographia International Housing Affordability Survey has been released and, once again, it ranks Australia as having one of the most expensive housing markets out of the countries surveyed. This year’s report assesses 92 major markets (metropolitan areas) in eight nations for the third quarter of 2020. The nations assessed are: Australia, Canada, Hong Kong, Ireland, New Zealand, Singapore, United Kingdom, and the United States. The survey employs the “Median Multiple” (median house price divided by gross annual median household income) to rate middle-income housing affordability. This measure is widely used for evaluating urban markets, and has been recommended by, amongst others, the World Bank and the United Nations, and is used by the Harvard University Joint Center on Housing.

Biden extends foreclosure moratorium for struggling US homeowners

United States President Joe Biden extended a federal moratorium on foreclosures and mortgage forbearance policies on Tuesday, giving the more than 10 million homeowners who are behind on payments additional months of assistance as the coronavirus pandemic continues to ravage the US economy. Biden’s announcement extends the moratorium on foreclosures through the end of June after it was due to expire at the end of next month. The policy also extends the mortgage forbearance window until June 30 and provides up to six months of additional mortgage payment relief for the 2.7 million Americans who are already receiving it, the White House said in a statement.

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