Sentences with phrase «unaffordable housing market»

In the meantime, Brooklyn may be associated with a hipster image, but it was actually declared the most unaffordable housing market in the U.S. in 2015.
With an increasingly unaffordable housing market, consider contributing in some way towards your child's first home, possibly by helping out with the down payment.
Faced with an unaffordable housing market, forced to live in squalor, with tax break cuts and benefits slashed and inequality rates rising, it's no small wonder that some chose to channel their frustrations in violent or otherwise extremist ways in a pursuit of meaning.
In San Francisco, one of the most unaffordable housing markets in the country, homes valued at $ 1 million or more now make up two - thirds of the housing market — triple the share in 2012.
One school is building 140 - square - foot micro-housing units for students in Vancouver, Canada, which is ranked as having one of the most unaffordable housing markets in the world.

Not exact matches

Demographia rated six Canadian markets as «severely» unaffordable, including Vancouver, Toronto and Montreal, in a report on housing prices released last year.
Unaffordable housing is often a sign of strong investment demand from abroad, tight zoning and rental market regulations.
Under such conditions, housing markets become unaffordable to an increasing number of residents.
«There was nothing for the young who continue to face the worst job market in decades and unaffordable housing.
In a statement released Tuesday, Stringer claimed that the new affordable housing units created under the rezoning plan would in fact be unaffordable for 55 percent of East New York's current residents, and that the market rate units would be unaffordable for 84 percent.
Housing associations are forced to charge an unaffordable 80 % of market rent making them no longer «social» landlords, only for middle - earners.
Although Vancouver was the only Canadian city that made it to the top 10, housing markets in Toronto, Victoria, Kelowna, B.C., and the Fraser Valley in B.C. were also ranked as unaffordable.
There's been a lot of talk as of late about how unaffordable housing is in Canada's two hottest markets: Toronto and Vancouver.
The government has been actively supporting the growth of the multifamily market via the release of lease - only residential land plots in leading cities where house prices are becoming unaffordable for the younger generations as well as other policies to better regulate and increase transparency.
Congress must act quickly to ensure flood insurance rates do not make homeownership unaffordable or harm our housing market.
The Los Angeles housing market is one of the most unaffordable in the country, when you consider the median home price in relation to the median household income in the area.
This reinforces the idea that the local housing market is becoming unaffordable to the majority of buyers.
Buyers looking to get into the market may be under the impression that the increase in prices means housing is becoming unaffordable.
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