As the affordable housing crisis deepens, it’s now threatening the ability of middle class Americans to keep a roof over their families’ heads. Home and rental prices continue to surge nationwide and 49 percent of Americans consider housing costs a significant problem in their area, according to a Pew research study. Roughly seven out of 10 Americans…
Middle Class Struggling to Afford Housing Amid Surging Prices and Inflation
Military Members Urged to Contact Habitat for Humanity Amid Housing Crisis
An email encouraging members of the Canadian Armed Forces to consider contacting Habitat for Humanity if they can’t find affordable housing is casting a spotlight on a growing challenge facing many military personnel and their families. The email was sent by a senior officer at 19 Wing Comox to other members at the Royal Canadian…
Out of State Buyers Fuel Surge in Housing Costs, Shortages in Tennessee
Housing woes continue to plague American homebuyers this year after purchase prices and rents hit unprecedented levels in 2021. Meanwhile, locals in Tennessee have found themselves between a rock and a hard place due to inflated prices resulting from people moving in from other states. Many out-of-state buyers arrive from areas with more expensive housing markets…
More Australians Feeling the Crunch From Rental Crisis
Helen Howell is planning to pitch a tent outside her mother’s house in Launceston if she can’t find a place to live in the next month. The 48-year-old Tasmanian has applied for 10 rentals in the past three weeks, but has found many are being snapped up even before they are open for inspection. “We’ve…
Sen. Pauline Hanson Calls for Ban on Foreign Ownership of Australian Properties
One Nation leader Senator Pauline Hanson has called on the federal government to ban foreigners from owning properties and reduce the immigration level to tackle the current housing crisis. In a statement released on April 21, Hanson said that Australia should follow the lead of New Zealand and Canada. “Many countries don’t allow foreign ownership…
Conservatives Blame Excessive Spending for Rising Cost of Living Ahead of Budget
Conservatives blamed on Tuesday the “out of control” spending by the Liberal government for the rising cost of living and pressed for more fiscal responsibility ahead of the tabling of the budget on April 7. “Thursday is fast approaching and with that, we will see our first ever NDP-Liberal budget, a budget that promises a…
Queensland’s Housing Shortfalls Cause No End of Troubles to Regional Employers
A severe shortage of housing is causing businesses in the Australian state of Queensland to run with insufficient staff and shorter operating hours, according to chambers of commerce across the state. The scant supply of accommodation has a disproportionate effect in regional areas, resulting in employers having to offer wage incentives or taking up the…
California Facing Affordable Housing Shortage: Report
March 22, 2022
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California is facing an affordable housing crisis as the state is 2–3 million homes short of being able to house the entire population, according to a recent study (pdf). The Little Hoover Commission—a bipartisan oversight agency that makes recommendations to the governor and state legislature on how to improve the efficiency of state leadership—began discovering…
Ban On Foreign Buyers to Ease Housing Crisis Voted Down by Liberals, Bloc
A Conservative Party amendment to ease the housing crisis by temporarily banning foreigners from purchasing Canadian real estate in order to stem demand has been voted down by Liberal MPs, despite this being part of their party’s platform during the last election campaign. Conservative MP Adam Chambers presented the amendment of the Underused Housing Tax…
Housing Crisis Driven by Higher Immigration and Lower Interest Rates, Committee Hears
Due to a sharp imbalance between demand and supply fuelled by factors such as population growth and low interest rates, there will be no quick fix for Canada’s housing crisis, the House of Commons Finance Committee heard on Jan. 24. “The overwhelming cause of the deterioration of affordability lies in a structural imbalance between the…
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