Tag

Housing Crisis

All articles tagged with #housing crisis

Both Newsom and Trump Point to Wall Street's Role in the Housing Crisis

Originally Published 4 days ago — by CalMatters

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Source: CalMatters

California Governor Gavin Newsom plans to propose regulations targeting large corporate landlords to address housing affordability, aligning with similar rhetoric from President Trump, as part of a broader populist approach to blame big investors for the housing crisis, though experts debate the effectiveness of such measures.

NYC to Hold 'Rental Rip-off' Hearings Across All Boroughs

Originally Published 7 days ago — by CBS News

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Source: CBS News

NYC Mayor Zohran Mamdani announced upcoming 'Rental Ripoff' hearings across all five boroughs to address housing issues, gather tenant testimonies, and combat unfair practices, with a report to follow. He also appointed Dina Levy as the new housing commissioner to help tackle the housing crisis.

NYC Mayor Mamdani Promises Bold Governance and Housing Reforms

Originally Published 9 days ago — by Axios

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Source: Axios

Zohran Mamdani was sworn in as NYC's first Muslim mayor and the youngest in over a century, promising to govern expansively as a Democratic socialist. On his first day, he signed executive orders to address the housing crisis, rescinding those from his predecessor, and emphasized a commitment to housing quality and combating antisemitism, while affirming his principles and bold approach to governance.

Cary Mobile Home Residents Face Displacement Amid Chatham Estates Sale

Originally Published 9 days ago — by WRAL

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Source: WRAL

Over 100 families in Cary's Chatham Estates mobile home park are facing eviction by June 2026 due to the sale and redevelopment plans, which include building new multifamily units and townhouses, raising concerns about affordability and displacement, with some residents seeking alternative housing options.

Federal Policy Shifts Threaten Housing Stability Across Multiple States

Originally Published 25 days ago — by Oregon Public Broadcasting - OPB

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Source: Oregon Public Broadcasting - OPB

Federal policy changes threaten to cut over $25 million in funding for homelessness programs in Multnomah County, risking the displacement of around 800 households, as the county prepares to seek alternative funding sources and potentially halt new housing projects amidst ongoing legal and political challenges.

Spain penalizes Airbnb with $75 million fine for unlicensed rentals

Originally Published 27 days ago — by AP News

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Source: AP News

Spain has fined Airbnb 75 million dollars for advertising unlicensed tourist rentals, as part of efforts to address housing affordability issues and regulate short-term rental platforms. The government is cracking down on unlicensed listings, which are believed to contribute to rising housing costs, especially in city centers. Airbnb plans to challenge the fine and is working to comply with new registration requirements.

LA considers 3% cap on rent hikes for stabilized apartments

Originally Published 2 months ago — by LAist

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Source: LAist

Los Angeles City Council has approved reforms to its rent control laws for the first time in 40 years, capping annual rent increases at 4% and eliminating a utility surcharge, aiming to make housing more affordable amid a housing crisis, though critics argue it could hinder new development.

Maxwell House Rebrands as 'Maxwell Apartment' After 133 Years

Originally Published 3 months ago — by The Guardian

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Source: The Guardian

Maxwell House launched a viral marketing campaign rebranding as 'Maxwell Apartment Coffee' to humorously address the US housing crisis, highlighting the unaffordability of homes with a playful 'lease' of coffee, while the real housing market remains increasingly inaccessible for first-time buyers.

Rising Housing Costs Drive More Americans to Live in RVs

Originally Published 3 months ago — by NBC News

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Source: NBC News

As housing costs rise, more Americans, especially low-income families, are living full-time in RVs due to affordability issues, facing challenges like limited space, maintenance costs, and lack of traditional amenities, highlighting a growing housing crisis and the need for affordable housing solutions.

Overtourism Sparks Crisis in Santiago de Compostela

Originally Published 3 months ago — by AP News

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Source: AP News

Santiago de Compostela faces overtourism challenges as the influx of pilgrims and tourists, driven by social media and the popularity of the Camino de Santiago, has led to increased housing costs, displacement of residents, and community decline, despite efforts to promote good manners and regulate tourism.

AI Boom Sparks Rental Surge and Evictions in San Francisco

Originally Published 4 months ago — by Mission Local

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Source: Mission Local

Amid a booming AI industry in San Francisco, rents have surged to near pre-pandemic levels, leading to a spike in eviction notices, especially for nonpayment, as affordability declines and landlords become less flexible. City officials view the economic growth driven by AI as positive, despite the negative impact on tenants, with many newcomers and high venture capital investment fueling the housing market rebound.