From the 1920s to the 2020s, cash-strapped homebuyers turn to smaller homes

May 13, 2024
Home builders are making new homes smaller to keep prices down. In Southern California, where land is scarce and housing is expensive, buyers are turning to small pre-war homes or ADUs.
Smaller pre-war homes, built before 1940 and under 1,500 square feet, vary in price based on location, size and condition. In South L.A., price per square foot can range from $300-800.
Courtesy Michael Robleto

How a new house turned into a "starter, middle, and ending" home for this Texas woman

May 10, 2024
"I'm just attached to it because it's taken care of me and I'm taking care of it," said Violet O'Brien on why she's choosing to age in place in her Houston home.
Violet O'Brien has decided to age in place in her Houston home.
Courtesy Violet O'Brien

U.S. rents have grown faster than wages for the past 5 years

May 8, 2024
Rent growth is slower in some places, but much faster in others. We're looking at you, New York City.
Rent grew seven times faster than wages last year in New York City; rents also outpace wages in Boston, Cincinnati, Buffalo and Chicago.
Spencer Platt/Getty Images

For retirees, homeownership may not be the asset it used to be

May 7, 2024
Paula Span of The New York Times says that these days, aging in place might feel more like being stuck in place .
Many older couples want to downsize, but in a competitive, high-priced market, moving to a smaller home can be a challenging option.
David Ramos/Getty Images

Homeownership in the The Sims meets homeownership IRL

Apr 29, 2024
"The Sims had really kind of seeded that desire for homeownership in me at a young age," said Elle Hunt, a journalist based in the U.K. "And I'd spent the interim 20 years walking away from that dream a bit."
"The Sims had really kind of seeded that desire for homeownership in me at a young age," said Elle Hunt.
David McNew/Getty Images

SCOTUS weighs policy on policing homeless people amid a national housing shortage

Apr 22, 2024
The justices will debate if enforcing a public camping ban in Grants Pass, Oregon, violated the Eighth Amendment.
Communities are grappling with how to address record-high homelessness across the country.
John Moore/Getty Images

Cash for your backyard? Companies, homeowners try to capitalize on a California law.

Apr 22, 2024
Housing shortage-plagued California recently started allowing property owners to split their lots and have developers build new homes there.
Courtesy Peter Taormina

For public good, not for profit.

Why it's gotten more expensive to house people experiencing homelessness

Apr 22, 2024
Higher interest rates and insurance costs make building low-income and supportive housing more costly —  especially in California, home to 28% of the U.S. homeless population.
The costs of constructing housing for the unhoused are being hammered by higher interest rates.
Mario Tama/Getty Images

A window into the world of deconstruction

Apr 17, 2024
Chris Rutherford, executive director of Salvage Warehouse of Detroit, shares how the deconstruction business is a huge benefit for communities economically, environmentally and socially.
Deconstruction workers from the Architectural Salvage Warehouse of Detroit sort housing material from a run-down building.
Courtesy Architectural Salvage Warehouse of Detroit

RealPage rent-fixing lawsuit highlights use of algorithms to set rents

Apr 16, 2024
Lawsuits allege that RealPage, a company many large landlords use to price their apartments, uses confidential data in an anti-competitive way.
"The lack of transparency encourages rents to spiral upwards," said Shanti Singh of the advocacy group Tenants Together.
Joe Raedle/Getty Images