Sentences with phrase «high housing costs»

Bad loans started to emerge when borrowers were not able to repay because of high housing cost.

That is, areas with higher housing costs have higher limits.

Residents can also avoid high housing costs by renting their homes, giving them greater flexibility and less responsibility.

Higher housing costs means less money in your bank account, which is guaranteed to cause some stress.

We've all worked with people who can't find affordable housing near their workplace or employers who can't attract workers because of high housing costs.

How «public» is a school in an exclusive suburb with high housing costs, especially when compared with a Catholic school that costs around $ 2,500 a year?.

«The level of economic hardship in California has a lot to do with high housing costs in many parts of our state.

So buyers who postpone their purchasing plans until 2019 could encounter higher housing costs.

That's what makes higher housing costs as a percentage of income in Glendale so concerning, because all it takes is one delayed paycheck to send the whole house of cards crashing down for more and more American families.

That's what makes higher housing costs as a percentage of income in Glendale so concerning, because all it takes is one delayed paycheck to send the whole house of cards crashing down for more and more American families.

On average, home buyers in California cities like Los Angeles, San Diego and San Francisco make larger down payments than buyers in other markets across the U.S. And when you factor in the relatively high housing costs in the Golden State, this initial investment can seem like quite a hurdle.

It could be that the extremely high housing costs in LA / OC / IE are pushing people out and forcing them to look in the cheapest locations possible.

Only 2 per cent of households with children that have one adult working full - time and one part - time are in poverty — and that is despite the UK's extremely high housing costs caused by planning policies.

And it's an insult to New York's middle - class families now struggling to find a good - paying job, afford higher housing costs and skyrocketing property taxes.»

Center President E.J. McMahon said high housing costs downstate and a lack of jobs upstate are propelling the exodus.

Entrepreneurs willing to endure scorching summers, punishingly high housing costs, and a dearth of local tech talent are able to exploit the emirate's unmatched investments in infrastructure, low taxes, and tolerance for expatriates.

The state's high housing costs take a big bite out of paychecks.

Long Island's chronically high housing costs were underscored in hew U.S. Census Bureau data that show nearly 40 percent of homeowners with a mortgage spent 35 percent or more of their household income for housing — much higher than experts say is financially prudent.

In other words, London's high housing costs subsidise the lack of new homes on green belt land.

A quarter of respondents say they've had trouble meeting their housing costs in the past year, and two - thirds say high housing costs impede their ability to pay for other necessities, including food and transportation, and to save for retirement.

Home purchases by millennials ticked up over the past year, but inventory constraints and higher housing costs kept their overall activity subdued and prevented some from leaving the more affordable confines of their Gen X and baby boomer parents» homes.

«From what we have seen so far, limiting the mortgage interest deduction to $ 500,000 will no doubt hurt homeownership in states with high housing costs such as California.

That's because so many borrowers there, facing high housing costs, turned to risky subprime loans during the boom and now are in trouble as rates reset to levels they can't afford.

Tight supplies of for - sale and for - rent homes are fueling higher housing costs and adding to more pressing concerns about affordability, the report states.

However, if you swap San Francisco with Chicago, Illinois, New Haven has a 3 % higher housing cost on average mainly due to all three factors: tax, housing and food costs.

Respondents also shared some concerns common among all home buyers, including high housing costs (90 per cent), and saving for a down payment (83 per cent).

«We certainly applaud government's efforts on easing the burden of high housing costs and increasing access to child care, but in introducing a payroll tax to offset lost MSP premium revenues this Budget delivers another meaningful blow to small to medium employers, especially in the service and technology sectors,» adds Black.

So buyers who postpone their purchases until 2018 could encounter higher housing costs.

«To me, that's a clear example of how Kirsten Gillibrand's ineffectiveness is impacting all of us and it's an insult to New York's middle - class families now struggling to find a good - paying job, afford higher housing costs and skyrocketing property taxes.»

Conforming loan limits for conventional loans are generally $ 417,000 nationwide, with higher limits for counties with higher housing costs.

As a whole, young adults in America are faced with two major financial hurdles that prevent them from having a lot of extra wealth to invest for retirement: high housing costs and student - loan debt.

Already, the U.K. press has pounced on his wife's tweet about the availability of a decent home in the city — in reference to French tax exiles leaving, and perhaps easing, the sky - high housing costs in London.

There is too little manufacturing to make the economy more «competitive,» given its high housing costs, transportation, debt and tax overhead.

I already see many more people rejecting offers to relocate into lucrative Silicon Valley jobs once they realize the essential drop in living standards that the high housing costs entail.

«The city has the highest housing costs out of the 62 cities we analyzed, as well as the lowest homeownership rate, at 31 %,» she says.

Australian Retailers Association executive director Russell Zimmerman said the August retail sales figures underlined the challenges facing retailers as consumers grappled with rising energy bills, higher housing costs, stagnant wages and political uncertainty.

High housing costs — and the growing gap between those on the property ladder and those who are not — lie at the heart of falling social mobility, falling savings and low productivity.

b) Because of high housing costs, London and the South East will be hit the hardest.

They show that 63,000 families have had their benefits capped to date, and the people most likely to be affected remain those with a large number of children and those with high housing costs.

While most New Yorkers scratch and scape to afford the city's sky - high housing costs, a group of millionaires has found an underhanded way to take advantage of a major middle - income - apartment program and pay minuscule rents, a state audit determined.

While most New Yorkers scratch and scape to afford the city's sky - high housing costs, a group of millionaires has found an underhanded way to take advantage of a major middle - income - apartment program and pay minuscule rents.

The government needs to scrap this proposal and start helping ordinary families struggling with sky - high housing costs

«The government needs to scrap this proposal and start helping the millions of ordinary families struggling with sky - high housing costs.»

It's a common scenario in cities nationwide: Due to high housing costs and historical discrimination, low - income and minority neighborhoods are clustered around industrial sites, truck routes, ports and other air pollution hotspots.

At a post-Irma summit in South Florida, officials said the key to preparing the region for future storms goes beyond dealing with sea level rise — it requires addressing chronic issues like low wages, aging infrastructure, and high housing costs.

How «public» is a school in an exclusive suburb with high housing costs, especially when compared with a Catholic school that offers financial aid to assist with its tuition (which, in turn, is usually only around $ 2,500 a year)?

California has been long recognized as having some of the nation's highest housing costs — a barrier for some districts to hire and keep effective teachers, Leno said, noting the lack of affordable housing is a key contributor to high rates of teacher turnover.