«Price appreciation has been strong for a while, and some areas are seeing demand hurt
by affordability problems, especially for high - end homes; however, the slowdown this year will only be modest because of continuing lack of inventory, especially at the low - to - middle price ranges.»
Not exact matches
This
problem is exacerbated
by non-local buyers purchasing houses as speculative investments and not actually occupying them, a practice which further reduces housing
affordability by removing housing stock from the market.
He was invited
by the senator to highlight the
problem of student loan debt and college
affordability.
That could be a
problem as FEMA begins raising rates on subsidized homes, as required
by Congress in the Homeowner Flood Insurance
Affordability Act of 2014.
Certainly there are advantages to a tiered system, but those benefits may do little to address the
affordability problems faced
by home buyers, nor will it significantly reduce the government's risk when it comes to insured mortgages.
So if the homeowners can no longer make their mortgage payments (perhaps due to job loss or
affordability problems), the bank will be insured
by the federal government though the FHA.
Law societies are fated to either be: (1) abolished because of their refusal to try to solve the
problem of
affordability; or, (2) greatly diminished in purpose, power, and prestige
by the commercial production legal services.
Mr. Wright states with respect to the civil / family / criminal
affordability problem that this is one caused «mostly»
by a poorly designed system.
The mandatory mediation stage was put in place
by the government with good intentions, but I think at the end of the day it just exacerbates the
problem of
affordability.
That requires that blog articles like this one deal with the, «
affordability of legal services
problem,» rather than merely the statistics generated
by the
problem's unattended consequences.
The study, conducted for NAR
by Wade R. Ragas, professor of finance with the University of New Orleans Real Estate Market Data Center, shows that slow job growth and modest wages have worsened
affordability problems for the area's low - and moderate - income households.
Statistic Canada says those who spend 30 per cent or more of their household income on shelter may do so
by choice or they may be at risk of experiencing
problems related to housing
affordability.
This bicameral, bipartisan legislation introduced
by Reps. Michael Grimm, R - N.Y., and Maxine Waters, D - Calif., and
by Sens. Bob Menendez, D - N.J., and Johnny Isakson, R - Ga., would delay further implementation of major rate changes until the Federal Emergency Management Agency completes an
affordability study required
by Biggert - Waters; creates an office of the Advocate to investigate flood insurance rate increases; and reports to Congress with proposed solutions to any identified
problems.
Additional findings reported
by NAHB show that few owners and renters of inadequate units also have
problems with housing
affordability (paying 30 percent or more of income for housing), so they represent a net increase in the count of Americans with housing
problems.