Sentences with phrase «said high housing costs»

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.

Not exact matches

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.
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.
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.
I'm ashamed to say that I used to sit in front of a House or Senate committee on Capitol Hill and say, «Every dollar you invest in Headstart will save $ 6.00 later on in higher productivity or in lower prison cost,» or some other obscene argument of that sort.
Moreover, Tuohy said, the Park District already controls several high - cost historic buildings that remain largely unused, such as the Colonel Palmer house, another prominent 19th Century mansion.
Unite, the country's biggest union, said that the postponement of Paul Blomfield MP's High Cost Credit Private Members» Bill in the House of Commons must not be the last word on measures to tackle this growing and worrying industry.
Freimuth said CRDA's housing committee did review the proposal in June 2015 but found the cost to CRDA was too high, $ 125,000 a unit, or nearly twice CRDA's average investment in a housing project.
But Zemsky said he recognizes the challenges facing Long Island, including an exodus of young people, high costs, the need to nurture technology companies and to build more housing near LIRR stations.
This figure, she said, meant «jeopardizing» some 17,000 potential apartments because of higher costs — unacceptable given what she called the city's «housing emergency.»
«When I talk to people involved in commercial real estate, and I don't have the exact number, but they're saying land costs are astronomically high, and taxes are one of the big reasons why it's very difficult to build affordable housing,» Flanagan said.
High land costs are a side effect of a lack of supply due to preservation efforts, she said, adding the current town zoning code has also hindered efforts to attract affordable housing to the area.
«The combination of a high cost of living, shortage of good jobs, lack of affordable housing and poor performing schools makes it hard for middle class families — and their children — to get ahead, or even hold their own,» she said.
«A lot of jobs in the Washington, D.C., area look like good positions,» he says, but he's scared off by the higher cost of living, in particular the disparity with the deep South on housing.
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.
Eric Heins, president of the California Teachers Association, said that multiple strategies are needed to close the diversity gap, beginning with reducing the student loan burden for prospective teachers, providing mentorship when they begin teaching, and tackling other challenges such as the high costs of housing.
According to the Bloomberg news service, «President - elect Barack Obama agreed with House Democrats to increase the limit on loans Fannie Mae and Freddie Mac can purchase to $ 729,750 in high - cost areas, House Financial Services Chairman Barney Frank said
That said, they often come with high closing costs, and if you default on the loan, you could lose your house.
State Senator Joseph Griffo, Chair of the Senate Energy Committee, said, «As many New Yorkers struggle to afford the high energy costs of their homes, this funding to build new energy - efficient housing will help lower - income families save money while protecting them from sporadic spikes in utility rates.»
That said, if each house was given a dividend of $ 180 / year from the program to offset higher energy costs, two - thirds of people supported the program.
«While the rankings shift every year, we see certain trends across many counties, including increasing child poverty, unemployment and high housing costssaid Cecilia Zalkind, executive director of Advocates for Children of New Jersey, which publishes the Kids Count reports.
In St. Louis, Mo., REALTOR ® Eric Friedman said his state's historic tax credits program was initially passed in 1997 «because we have a low - housing - cost market in St. Louis, but high construction costs.
«We've held back from opening an online store because the majority of the items sold — like yard signs, brochure boxes, and open house banners — have packaging and shipping costs that are higher than the cost of the item itself,» says Perry Crume, senior vice president at the Kansas City Regional Association of REALTORS ®.
High housing costs make it difficult for 27 percent of likely voters to pay for health care, including medical insurance, the National Low Income Housing Coalitiohousing costs make it difficult for 27 percent of likely voters to pay for health care, including medical insurance, the National Low Income Housing CoalitioHousing Coalition says.
«Builders» optimism in the housing market is solidifying, even as they deal with higher building material costs and shortages of lots and labor,» said Granger MacDonald, chairman of the NAHB, in a statement on the Index.
Several economists have said it will affect housing prices in high cost markets, and yet you claim they and I are all wrong.
The steady price increases of the past three years and the expected rise in mortgage rates will push mortgage carrying costs higher and will cause housing demand to ease gradually, it says.
In Saskatchewan, even with slower house price growth, the province still saw a mild deterioration in affordability as a result of a slowdown in the pace of year over year income growth, higher utility costs and higher mortgage rates, says the report.
Despite stricter mortgage lending guidelines and the possibility of slightly higher borrowing costs, on average, there will be many buyers who remain upbeat on the purchase of ownership housingsaid Jason Mercer, TREB's Director of Market Analysis.
Single - family, detached homes typically carry higher price tags than townhouses and condos, depending highly on location, and have higher home maintenance costs, but house owners have all of the say in what get fixed when and how much they are willing to spend.
«Conceal a couple of portable outdoor lamps and aim them at the house or a beautiful tree for low - cost, high - value impact,» Vail says.
«Housing affordability conditions have been at a record high this year, rents are rising and homes are selling for less than the cost of construction in most of the country,» he said.
«Canada's housing market in 2008 should continue to thrive on a balanced diet of strong economic fundamentals, including high levels of employment, resilient consumer confidence, modest levels of inflation and the relatively low cost of borrowing money,» says Phil Soper, president and chief executive of Royal LePage Real Estate Services.
We believe projects like this serve to increase the stock of affordable housing in high costs areas such as New York,» says Ken Bacon, senior vice president of multifamily for Fannie Mae.
«This study highlights the real effects that building regulations have on housing affordability,» says NAHB Chairman Kevin Kelly, a home builder and developer from Wilmington, Del. «Local, state and federal government officials need to know that higher regulatory costs have real consequences for working American families.
Right off the bat I would say you don't count yourself in your projections unless your current housing expenses are equal to or higher than the cost of the unit In other words, if your current rent is $ 1000, it is disingenuous to consider $ 2000 as «rent to yourself».
Beasley says investors are particularly interested in buying in less costly markets, such as Florida, Atlanta, Texas, North Carolina and Las Vegas, especially when they live in high - cost housing markets.
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