The U.S. real estate markets remain broadly healthy but there are small signs that suggest otherwise in some spots. Affordability has declined, home ownership is at its lowest in 50 years and more consumers are renting versus buying.
The Local Initiatives Support Corp, a large, national non-profit and a CDFI, is tapping the bond market to raise $100 million in capital, a first of its kind, "game-changing" public investment. A brief look into why this timely news matters.
Hon. Morrison’s “fact-finding” housing affordability tour to London gave the treasurer ideas and motivation to innovate government funding and deliver better services. But advocates against the program say it may take a long time, if ever, before his new investment fund builds even one new affordable home.
The prefab is low impact, portable and inexpensive, concrete, solar-powered that is designed to move with its owners. The prefab can be assembled in less than seven hours, and disassembled in four days.