The phrase
"housing crisis" refers to a situation where there is a shortage, lack of affordable, or insufficient housing options available for people. It means that many individuals or families may struggle to find suitable and affordable places to live.
Full definition
It is an emergency shelter committed to providing safe, secure, short - term accommodations to individuals who are experiencing some type
of housing crisis.
But the reality is that the tax will also hit relatively ordinary people who just happen to have lived through a deep and
growing housing crisis.
Despite legislative reforms that have occurred since the
last housing crisis, it's still possible to take on a home loan that stretches your budget to the max.
The
recent housing crisis taught us that first - time home buyers need to be better educated before taking the plunge.
Also, the state's
housing crisis means that people are living farther from their jobs and commuting farther.
The 2008
housing crisis left many homeowners owing more on their mortgages than their homes were worth.
With the 2008
housing crisis still fresh in our country's history, you'll learn from history and be the best homeowner.
In other words, more than 2 out of 3 Millennial prospective homebuyers do not rule out the possibility of experiencing another
major housing crisis.
The Canadian economy has been one of the outstanding performers in recent years, after the country largely escaped a
serious housing crisis, and has a better financial position than other rich countries.
The
next housing crisis is here... and this time the crisis is primarily about one thing: lack of inventory!
The party said local authorities must be sanctioned to create more social housing and address the
rural housing crisis by abandoning national targets.
It boasts a timeline that wraps around its walls with facts and significant events including the
notorious housing crisis.
The rents would more than cover the interest payments and the
council housing crisis status would be solved; as property prices increase so would the council's asset base.
The
past housing crisis has prompted buyers — particularly the younger generation — to be more cautious, as they've learned that home prices don't always appreciate.
Though the return of tourists is welcome news to workers and businesses, they do little to solve the
affordable housing crisis.
Yes, lenders are more wary of people with average credit now after the
last housing crisis, but that doesn't mean you won't qualify for a mortgage.
The likelihood of that is the default risk or credit risk, which was a factor in the
recent housing crisis.
In order to prevent the outbreak of a
serious housing crisis, it will not be sufficient to only respond to already apparent problems.
Gordon said his report blames Vancouver's
housing crisis on foreign buyers, particularly from China, because «this is where the evidence points, not because of some anti-Chinese animus.»
In the wake of the success of the Urban Design Project, the North Carolina Manufactured Housing Institute (NCMHI) began another venture to demonstrate that manufactured homes can be architecturally compatible with existing homes in urban settings and also be a solution to the affordable
housing crisis facing many of the state's urban and inner suburban areas.
May's pre-written jokes might be entertaining Tory MPs but when played on news alongside qs
about housing crisis, not many will be laughing
To protect taxpayers and enable the mutual companies to continue operating
through housing crises, Davidson recommends that up to 75 % of risk on new GSE loans be «reinsured» through credit risk sharing programs with mortgage insurers, reinsurers, REIT's, banks, loan originators and others.
True, the optimum time to do this would have been soon after the
U.S. housing crisis after 2007 and / or when the loonie was briefly closer to parity with the greenback.
«As we move forward, I will continue to work with advocates and elected officials to solve our affordable
housing crisis so that New York City can become a place for all to thrive,» Williams said.
It was refreshing to hear Dromey admit that the previous Labour should have done more in terms of housing and that the UK's current
housing crisis didn't start in May 2010 when the coalition government came to power.
This practice further pushes the cost of rental housing out of reach of low - income families and fuels an already pandemic
rental housing crisis in Ontario.
More pointedly, less than one third — or 31 % — say they are confident there will not be another 2008 -
style housing crisis in their lifetime.
«She was one of the early members of the Federal Open Market Committee to see that this [
housing crisis] was not just a financial catastrophe.
Heads of the country's 31 local authorities and senior civil servants are meeting to discuss additional solutions to alleviate the
unprecedented housing crisis.
In the second quarter of 2017, real estate values in the United States surpassed their pre -
housing crisis levels.
More than a decade after the
worst housing crisis in U.S. history, it seems we're finally in a sustainable recovery period.
Even in the boom times, B.C. has developed a
huge housing crisis with 15,000 or more people homeless.
We also have a
massive housing crisis in successful cities like New York or Seattle in the States or Toronto and Vancouver in Canada where young people can not afford to live, because new mid-rise housing is almost impossible to build thanks to NIMBY zoning.
But in the nutso
housing crisis plaguing the Bay Area, where one - bedroom apartments in Oakland rent for more than $ 2,000 a month — never mind a home with space for a family of six — they found themselves, like so many others, hopelessly priced out.»
«While we appreciate that the increase was kept to a minimum, as our city's
housing crisis comes to a head, it's crucial that we utilize every opportunity to fight for and preserve affordability for the New Yorkers who call this city home,» she wrote in a press release.
Phrases with «housing crisis»