Sentences with phrase «of high housing costs»

Approximately one - third of the area's residents are prepared to pack and move — most of them out of the state — because of high housing costs, according to researchers at California State University in Sacramento.
California, stricken with tragic wildfires, the incessant risk of tectonic upheaval, and almost just as bad, the never - ending burden of high housing costs.
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.
The lessons we personally learned from the ’08 real estate crash were in large part what motivated us to break from the shackles of high housing costs and to downsize into our 207sf tiny hOMe.
Pam Baldwin is superintendent for Asheville City Schools, where a new teacher complex is in the works because of high housing costs.
b) Because of high housing costs, London and the South East will be hit the hardest.
«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.
Most households with young children are being pinched by a combination of higher housing costs and standstill income growth.

Not exact matches

If we can get the cost of moving to Mars to be roughly equivalent to a median house price in the US, which is around $ 200,000, then I think the probability of establishing a self - sustaining civilization is very high.
The cost of living today is very high, especially when you factor in housing costs.
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.
Wolf posits several possible explanations — the relatively high cost of childcare in the United States, higher participation rates for older workers relative to Europe, and the lack of affordable housing in the most economically vibrant cities in the United States.
However, it ranks high in both house - flipping market potential and costs of renovation and remodeling, placing 10th and 13th respectively.
Boise's house - flipping market potential is a bit lower than that of other cities in the top 10, ranking 80th, but Boise's strengths lie in its low renovation costs and high quality of life.
Even high - paid startup and tech employees are known to feel the sting of rising housing costs.
Pharmaceutical companies are concerned about an onslaught of legislative proposals percolating in state houses around the country, among them: changes to Medicaid programs to rein in the high cost of prescription drugs, intellectual property issues, and the fight over biosimilars.
Installation costs of traditional solar panels are high, running at $ 15,000 or more depending on the size of the house.
The center's latest report, released on October 27, highlights some of the ways that governments in high - cost cities have been responding to the affordable housing issue.
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.
All told, the jump in Treasury yields has yet to make its way into the broader economy in the form of higher borrowing costs, yet it will likely start to dampen the housing and auto markets as consumer loans become more expensive, said Gary Cloud, a portfolio manager of the Hennessy Equity and Income Fund.
WASHINGTON, Jan 11 - U.S. House Ways and Means Committee Chairman Kevin Brady said on Thursday getting rid of the so - called Cadillac tax on high - cost employer - provided health insurance could be part of the spending deal now under negotiation in Congress.
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.
WASHINGTON, Jan 11 (Reuters)- U.S. House Ways and Means Committee Chairman Kevin Brady said on Thursday getting rid of the so - called Cadillac tax on high - cost employer - provided health insurance could be part of the spending deal now under negotiation in Congress.
The fees are one of many factors driving up the cost of buying or renting a home, including income inequality, restrictive zoning, low construction productivity, a historic slowdown in housing production, and high prices for land, materials, and labor.
Respondents to the Palo Alto Weekly's survey cited the area's chronic housing crisis and high cost of living as reasons for identifying as middle - class instead of upper - class.
Any number of shocks could send Canada's house of cards tumbling, the bank says, particularly higher borrowing costs that pinches households already carrying record high levels of debt.
Housing - related costs for renters and homeowners are 94 % higher than the U.S. average, according to the Cost of Living Index, and they're only going up.
In addition, renters may lose the incentive to buy a home in high - cost areas if they can't use the mortgage interest deduction or the ability to deduct some of those other housing - related costs from their taxes.
Housing markets of course don't look the same in every city or state, so for some places the maximum threshold is even higher, particularly if an area has been identified as a high - cost community.
Furthermore, California because of prop 13 and enormous housing costs is pushing out young people, leading to higher dependency ratios which are correlated with lower GDP in the long run.
On Monday, a group of 25 retail giants including Walmart and Costco sent a letter to the White House on arguing that «higher tariffs will mean higher costs to businesses and in turn higher prices for American families.»
Expensive houses and a high cost of living make Hawaii the No. 1 state where you're likely to live paycheck to paycheck, found a recent GOBankingRates study.
The state's high housing costs take a big bite out of paychecks.
Housing in Marvin is 250 percent more expensive than North Carolina overall and the median household income is 239 percent higher, making the cost of living 62 percent higher than the entire state, according to AreaVibes.
Millennials have grown up in the shadow of the Great Recession, are saddled with higher education debt and housing costs, and are forming households later.
There's an opportunity cost lost either way, I put 30K into buying a house to rent, with lots of work day - to - day but potential higher cash flow forever, or I lock 30K into a retirement account now, never to be seen again, to hope for compounding and just enough passive income from dividends to live off way later...
Meanwhile, high - income earners make up just 12.5 percent of cost - burdened households but receive 60.1 % of federal housing assistance.
At one extreme, some places with low housing costs might appear to be very affordable, but incomes might also be much lower than elsewhere; at the other extreme, some places that appear to be extremely expensive when looking at prices, might be more manageable as a result of relatively high wages and salaries.
In California, jumbo mortgage products often exceed $ 1 million, due to the high cost of housing in our state.
And, despite historically low interest rates, affordability measures such as the RBC Housing Affordability Index, which measures home ownership costs as a percentage of household income, remain stubbornly high.
Therefore, the cost of housing in those counties is quite high.
Your cost of living would increase 14 % on average if you were a single - income earning household making $ 60,000 a year due to higher taxes, housing and food costs.
A move from Chicago, Illinois to Cambridge, Massachusetts would see an average 12 % increase in cost of living due to all three factors, with housing almost 25 % higher.
* Cities are ranked from highest to lowest student loan & housing costs as a percentage of monthly income (i.e. highest to lowest student loan and housing costs burden).
Their self - destructive real estate bubble has loaded down their labor force with high debt service and housing costs, whilst their giveaway of public infrastructure to insiders (with no price regulation) has led to high basic living costs.
Find a house that has potential to sell for a higher dollar amount if cosmetic changes are made, and then compare the cost of the home and the repairs to the price at which you could sell it in the end.
However, while cost of living for many daily needs and activities are lower than other major cities, housing prices in Kansas City are definitely on the rise and demand is high.
Inflation in the non-traded sector of the economy remains relatively high, at over 4 per cent, reflecting the overall strength of the domestic economy, strong demand conditions in the housing sector and continuing cost pressures in some service industries.
This increase was largely attributable to house purchase costs — which rose by 1 per cent in the quarter, to be 6.4 per cent higher over the year — in turn reflecting higher costs of labour and materials.
Basically, the rest of the country is subsidizing the ridiculous cost of housing and other high living costs in the most expensive cities.
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