housing crisis


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Assemblyman David Chiu and Gov. Gavin Newsom (Credit: Wikipedia and iStock)

California passes landmark rent control law

California has become the third state in the nation to pass rent control legislation. On Tuesday afternoon, Gov. Gavin Newsom signed into law the sweeping measure, which aims to strike at the heart of...

California passes landmark rent control law
This hedge fund is making billions off distressed borrowers

This hedge fund is making billions off distressed borrowers

Just before the 2008 financial crisis, Fir Tree predicted that homeowners would keep making mortgage payments even as the...

This hedge fund is making billions off distressed borrowers
NYC home prices surpass pre-crisis peak, but savvy investors should have put their money elsewhere

NYC home prices surpass pre-crisis peak, but savvy investors should have put their money elsewhere

A decade later, New York City housing prices have surpassed the peak levels from before the financial crisis. Sales prices for houses and apartments...

NYC home prices surpass pre-crisis peak, but savvy investors should have put their money elsewhere
(Credit: Nathan via Flickr, Pixabay)

Two Americas: Half of U.S. homes are worth more than their bubble-era price

Recovery is an uneven game. Though half of American homeowners have seen their property values climb even higher than...

Two Americas: Half of U.S. homes are worth more than their bubble-era price
Nearly one-third of American households are cost-burdened: report

Nearly one-third of American households are cost-burdened: report

Nearly 40 million American households were cost-burdened in 2016, meaning that they spent more than 30 percent of their...

Nearly one-third of American households are cost-burdened: report
(Credit from back: Jagz Mario, C-Span)

Countrywide CEO Angelo Mozilo reflects on the 2008 crash

Ever wondered where the so-called villains of the 2008 crash ended up? The Wall Street Journal is doing a...

Countrywide CEO Angelo Mozilo reflects on the 2008 crash
Could tiny homes solve the housing crisis?

Could tiny homes solve the housing crisis?

With construction and land costs increasing in cities across the country, some companies are turning to tiny houses to help combat these issues. There were 10,000 tiny homes in the U.S. as of 2016,...

Could tiny homes solve the housing crisis?
Could legalizing basement apartments be the answer to NYC’s housing crisis?

Could legalizing basement apartments be the answer to NYC’s housing crisis?

With New York City’s population on track to reach 9 million over the next two decades, housing experts are...

Could legalizing basement apartments be the answer to NYC’s housing crisis?
The “new housing crisis” is already slowly being solved

The “new housing crisis” is already slowly being solved

  The US housing market looks very different from its shape in 2008. It reached a breaking point and nearly...

The “new housing crisis” is already slowly being solved
The next housing crisis is here

The next housing crisis is here

The next housing crisis is here. And this time the crisis is all about one thing: supply. Following the mid-aughts housing bubble that saw homeowners across the country get themselves upside down in homes and...

The next housing crisis is here
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