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Tag: housing crisis

Free Home Loans for Illegal Migrants in California

Liberal California lawmakers are proposing new legislation that would grant illegal migrants zero-down, zero payment home loans. Assemblyman Joaquin Arambula,...

Inflation Dropped in Canada – So Why is the Cost of Living Unaffordable?

Statistics Canada reported that inflation slowed in January to 2.9%, beating expectations of 3.3%. So why are Canadians still struggling to afford basic necessities...

Canada to be Short 3.45 Million Homes by 2030

The demand for housing in Canada drastically outweighs the supply. The Canada Mortgage and Housing Corporation (CMHC) has confirmed that fewer new builds are...

US Real Estate Market

  QUESTION: Mr. Armstrong, You were the only one who forecasted that real estate would continue to rise in conjunction with the rate increases by the Fed. I...

The Cost of Homeownership in the US Spiked 91% in Two Years

The US housing market has not been this unaffordable since 1984, a new study finds. Analysts at Black Knight analyzed home prices, income, and interest rates on a...

Homelessness in the US at All-Time High

The housing crisis has become a massive issue in America. People with decent jobs are unable to afford housing, and those who were already down and out have little...

Anchorage Mayor to Fly Homeless to Los Angeles

“We are going to offer them a chance to stay warm this winter,” Anchorage, Alaska, Mayor Dave Bronson stated regarding the growing homeless population. Eight...

US Housing Prices Push Higher

  Fannie Mae admitted their forecast of declining home prices was incorrect. They initially projected that housing would fall by 1.2% in 2023, followed by 2.2%...

Vanlords – A New Form of Urban Encampment

  I’ve discussed Accessory Dwelling Units (ADUs) at length as they have been marketed as a new way to force people into perpetual renting. They have even...

Dutch Study on Banning Investors from Buying Real Estate

Dutch researchers at the University of Amsterdam and Erasmus released a study entitled “Buy-to-Live vs. Buy-to-Let: The Impact of Real Estate Investors on Housing...