Marble Falls The Census Bureau reports that for a second straight year more than half of America’s 42.5 million households who rent are “cost burdened,” meaning that the rent is sucking up more than 30% of their income. In short, rents continue to be too darned high. The Washington Post reports that the burden …
Category: Affordability
Tourism Double Bind
New Orleans New Orleans is a tourist town, so this is an ever-present concern for local residents. Tourism drives a lot of the economy, although over the years the biggest numbers have accumulated from conventions along with the hotels, restaurants, and venues that serve that sector. The economic drivers there are more geographically …
Plenty of Land, Just Not Enough Housing
Marble Falls Affordable housing is a crisis throughout the country. The shortage has meant that housing prices are rising, even as interest rates and some inflation have made them less affordable and reduces sales to record levels. And, as I learned to chant in Glasgow several years ago, Rents Are Bananas, B-A-N-A-N-A-S. Developers …