Housing Affordability

President Donald Trump has voiced his opposition to the proposal of using 401(k) retirement funds for home purchases, despite the suggestion coming from his chief economic adviser, Kevin Hassett. Speaking to reporters on his Air Force One on Thursday, Trump said, “I’m not a huge fan....

Opendoor Technologies Inc. (NASDAQ:OPEN) CEO Kaz Nejatian praised President Donald Trump’s approach to housing affordability, arguing that recent policy actions are addressing long-standing barriers that have pushed middle-class families out of the single-family housing market. Trump Is Doing...

Sen. Elizabeth Warren (D-Mass.) slammed President Donald Trump's Justice Department, accusing it of siding with landlords over renters after the department settled an antitrust case with property-management software provider RealPage. DOJ Allows Landlords To ‘Rip Off Renters’ On Tuesday...

As housing affordability reaches a critical point, homebuilding company Toll Brothers Inc.  (NYSE:TOL) CEO Douglas Yearley gave insights about the customer base during the second-quarter earnings call on Wednesday.What Happened: Yearly said, “Over 70% of our business serves the move-up and...

In the midst of soaring home prices and surging demand for space stateside, the U.S. can take a lesson from a nation nearly 8,000 miles away: New Zealand. Known for its scenic landscapes and Lord of the Rings-inspired tourism, the island country caught the attention of economists and urban planners...

While many predictions indicate that home prices will drop next year as home sales stall, one expert predicts that housing will continue to be out of reach for many prospective purchasers. What Happened: Marc Norman, associate dean at the NYU Schack Institute of Real Estate said, "We have a...