to offer respite for overstimulated city folk seeking to unplug and “find themselves.” The company was founded by business student Jon Staff and law student Pete Davis, both fromHarvard University, out of discussions with other students about theissues with housingand the need for new ideas ...
It was to have been an extension of the Mancunian Way, forming a trans-pennine motorway. Much of the property lining the route was cleared in preparation, it was never built, and for years a strange semi-deserted ambience hung over the A57. Bus Depot Railway Bridge The car showrooms ...
Income is the primary eligibility criterion for public housing, whereas, in the event of a disaster, place of residence, construction funding source, and monthly rent are considered, depending on the magnitude of the disaster impact (i.e., general or severe). In the case of a severe ...
However, the federal government’s building savings policy offers loans to those who save for a prescribed period to build or purchase a home. Much of the housing built with government subsidies is allocated to “social housing”—dwellings provided at “cost rent” far below the market rental ...
Oftentimes, affordable housing is rated at 100% to 120% AMR because this is still cheaper than “real” or “vacant unit” market rent, so going below this to 80% will be a challenge for the city to have rents cover basic costs, especially when the plan is to leverage new rental ...
Since you are paying it off over time, you are using “cheaper dollars” due to inflation to pay off the mortgage. Houses are tangible assets (not paper), so their value tends tokeep upwith inflation (but not necessarily exceed inflation). ...
premium, in which the tenant pays a small monthly, nonrefundable fee instead of an upfront deposit; an installment plan to spread the deposit equally over six months (or more if the landlord agrees); or a reduced security deposit, paid upfront, of no more than half the monthly rent. ...
- Median rent: $1,327 (24% rent) - Median household income: $93,489 Timonium is a Baltimore suburb that gets high marks for accessibility to restaurants, shops, and transportation. It is served by a light rail system that carries passengers to downtown Baltimore and to Baltimore/Washington...
These two concepts – the rent gap theory and the racial arbitrage theory – are both, I think, really helpful in understanding how Chicagoland’s economic geography has changed over the last 40 years, and how it’s likely to change in the future. The foundation is a tendency for an expa...
Even a HINT of Fed taper will collapse the stock market because everybody has been forced to be risk on or debt dependent for over a decade. The people that get hammered are those who can’t afford a downturn. Problem is that real yield on stocks is now garbage too. The reali...