Sentences with phrase «housing crisis»

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.
After the worst housing crisis in history, can you blame them?
The plan is being pitched as a temporary solution to the area's affordable 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.
It's harder to get a mortgage loan today, due to the ongoing housing crisis.
The 2008 housing crisis left many homeowners owing more on their mortgages than their homes were worth.
It has been 10 years since the great American housing crisis that began in 2006 and came to a halt in 2008.
With the 2008 housing crisis still fresh in our country's history, you'll learn from history and be the best homeowner.
Find out more about the next looming housing crisis.
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!
Our history, as well as the current economic situation left this beautiful country with an incredible housing crisis.
This centuries - old project could be the solution to a very modern housing crisis.
Note that that recession was exceptionally persistent (and likely started early) due to the simultaneous housing crisis.
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.
Successfully implemented these changes during the most critical housing crisis in decades.
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.
Find out more about the next looming 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.
As the statewide housing crisis continues, low - and middle - income families can not afford any further delay.»
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 is the main reason we have a social housing crisis in Britain.
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.
Prices have climbed steadily for the last seven years after the market crashed during a national housing crisis.
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.
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