Brookings: How migration of millennials and seniors have shifted since the Great Recession
Data shows that millennial and baby boomer migration have slowed down since the 2007-2009 Great Recession.
Data shows that millennial and baby boomer migration have slowed down since the 2007-2009 Great Recession.
It has been a common idea that upzoning, building taller buildings that lead to more housing supply, will translate into lower prices but a study of this practice in Chicago shows that prices went up.
CityLab: Does upzoning boost the house supply and lower prices? Maybe not. Read More »
From Black Codes— laws passed to ensure the least amount of economic mobility for newly freed slaves— to the burning down of wealthy Black neighborhoods, African Americans have had seemingly irremovable and systematic obstacles to entering the middle class.
Medium: An African American path to the middle class Read More »
Banks are stepping up their efforts to detect and deter financial elder abuse in response to a rise in such crime, and artificial intelligence software could become part of the solution.
American Banker: Can AI help banks thwart elder abuse? Read More »
Several Democratic presidential candidates have coalesced on a distinctive approach to fighting poverty — transferring people money — and are including it as part of bigger proposals that help poor and middle-class people alike, ensuring that these ideas have a more prominent spot in the campaign than past anti-poverty plans have had.
Vox: 5 anti-poverty plans from 2020 Democratic presidential contenders, explained Read More »
WASHINGTON, DC — Today, Senate Banking Committee Chairman Mike Crapo, R-Idaho, released a plan to significantly alter the U.S. housing finance system. The plan would eliminate the affordable housing goals, the government-sponsored enterprises’ (GSEs) Duty to Serve rule and repeal their charter obligation to facilitate the financing of affordable housing for low- and moderate-income families.Â
NCRC condemns Crapo GSE plan to drop affordable housing goals Read More »
Alfred M. Pollard, General Counsel Federal Housing Finance Agency, Eighth Floor 400 7th Street SW Washington, DC 20219 Attention: Federal Home Loan Bank Housing Goals Amendments, RIN 2590–AA82 Dear Mr. Pollard: The National Community Reinvestment Coalition (NCRC) appreciates the opportunity to comment on the Federal Housing Finance Agency’s (FHFA) proposal to change the housing goals
Residential segregation is still alive and well despite being outlawed 50 years ago.
Governing: Segregated in the heartland Read More »
The White House has planned to end government control of the two largest mortgage market companies, Fannie Mae and Freddie Mac.
Politico: White House plans to overhaul housing financing system, top regulator says Read More »
Sen. Elizabeth Warren will propose a new ‘wealth tax’ which she believes will mitigate wealth inequality. Warren is said to be a representation for the entire Democratic Party of a shift leftwards on economic policy.
Redfin calculated housing market data ranging from 2017 to 2018, focusing on the share of affordable active listings that were available to households making the median income across 49 metro areas.
Redfin: Middle class buyers are being priced out of housing market Read More »
Alexandria Ocasio-Cortez is at the front of another attack by conservatives. Ocasio-Cortez spoke out about the racial biases in facial recognition algorithms. After being mocked by conservative leaders, it turns out that she was right.
Journalists are tip-toeing around the term ‘racist’ and it seems because there is a shame associated with such title, as there should be. Because of the apprehension of the term, one would question where the threshold would lie for overt racism to be labeled just that.
NPR: Why some journalists have a hard time saying the word ‘racist’ Read More »
In Washington, D.C., 9/10 of the grandparents that are raising their grand children are African American. After fighting the complex custodial legal system, finding affordable, safe housing is a concern for these families.
Washington Post: The rise of the grandfamily Read More »
Hundreds of thousands of low-income families in rural America are facing a threat to their homes because the government shutdown froze federal funding for mortgage loans and rental assistance.
NBC News: How the shutdown could leave thousands of rural Americans without a home Read More »