Renters’ hopes of being able to buy a home have fallen to a record low, New York Fed survey shows
The dream of home ownership has gotten even further away for renters, with higher housing costs and elevated interest rates…
Biden targets ‘rent gouging’ landlords as high housing costs factor into 2024 race
President Joe Biden visited the battleground state of Nevada on Tuesday to take aim at corporate landlords, who the White…
Germany’s housebuilding sector is in a ‘confidence crisis’ as the economy struggles
Germany’s housebuilding sector has gone from bad to worse in recent months. Economic data is painting a concerning picture, and…
Court blocks Florida law barring Chinese citizens from owning property
A U.S. appeals court has blocked Florida from enforcing a ban on Chinese citizens owning homes or land in the…
Sen. Elizabeth Warren pushes Fed Chair Powell to cut ‘astronomical’ rates, ease housing pressure
Sen. Elizabeth Warren, D-Mass., and three other Democratic lawmakers are pushing Federal Reserve Chairman Jerome Powell to lower interest rates…
The 2023 U.S. economy, in a dozen charts
The state of the U.S. economy may be a chief concern among Americans, but 2023 wound up as a pretty…
Net worth surged 37% in pandemic era for the typical family, Fed finds — the most on record
Net worth surged for the typical family during the pandemic era, largely on the back on higher home and stock…
Fed banking regulator warns A.I. could lead to illegal lending practices like excluding minorities
The Federal Reserve’s top banking regulator expressed caution Tuesday about the impact that artificial intelligence can have on efforts to…
3 reasons it can be smarter to rent, even if you can afford to buy
Have the money to buy a home? If you follow through, it may not be money well spent. For generations,…
Here’s the inflation breakdown for April 2023, in one chart
Inflation in April notched its lowest reading in two years, as price pressures for consumers continue to moderate from multidecade…
