New research by the Royal Bank of Canada (RBC) indicates that the percentage of average household income required to cover home payments has increased in the last two quarters as a result of both higher prices and interest rates.
Nov 30, 2013 The Huffington Post
As housing (un)affordability continues to plague Canada’s big cities, some would-be city dwellers are looking to the suburbs to meet the budget. Using a hypothetical Toronto couple as its basis, number-crunching suggests little long-term savings.
Oct 11, 2013 The Globe and Mail (Toronto)
OPB investigates the flood of new apartment buildings going up in downtown Portland and finds that two-thirds lack any motor vehicle parking - which is great for renters without cars seeking affordable housing, but can anger the neighbors.
Aug 19, 2012 Oregon Public Broadcasting
Nate Berg reports on information compiled in the <em>8th Annual Demographia International Housing Affordability Survey</em>, and asks to what extent the affordability of housing is tied to land use policies and how much is related to other factors.
Jan 25, 2012 The Atlantic Cities
A new report from NYU's Furman Center for Real Estate and Urban Policy reveals that the parking minimums required for new developments are a significant part of why housing in New York is so expensive.
Feb 13, 2011 Streetsblog
The housing affordability rule of thumb is that you should not pay more that 30% of your income in rent or mortgage payment. Yet that ratio doesn't include the transportation costs that vary by community. What would it be if it was included?
May 12, 2010 The Arizona Republic
How can one measure the housing affordability of a city or region? One common option is to focus on a
region's median home price (or the median home price divided by median
income). I've used this method myself, and Opinion
May 5, 2010 By
CNN ranks 10 American cities according to housing affordability, and finds that foreclosures, median incomes and the availability of developable land all influencing housing affordability.
Feb 18, 2010 CNN Money
As the economy continues to lumber through the most protracted period of recession since the early 1980s, the financial sector has received the brunt of the blame. Opinion
Mar 7, 2009 By