New Orleans In Scotland, ACORN’s tenant union chants “The rent is bananas.” Affordable housing is a global issue. Some cities concoct schemes to maintain affordable housing and block second homes and Airbnbs, but most don’t. Few actually break ground for affordable apartment complexes or create equitable zoning rules to allow them. Minnesotans voted …
Category: Affordability
Pressure on Rising Rents Not Just Landlord Greed
New Orleans Listening to ACORN members on their weekly conference calls during the pandemic, one of the hardest balancing acts centered on the rent freeze. Don’t get me wrong, the rental freeze was a good thing. People couldn’t work. There was more month than money. Tenants were already under pressure across the country …
Another Strategy to Revive the Faded Dream of Homeownership
New Orleans The US government says that in 2023, through various intermediaries, they will insure mortgages as up to one-million-dollars for the first time. Wow, that’s a big number, way out of reach for most of our neighborhoods! In low-and-moderate communities the issues are insuring mortgages, accessing loans, soaring interest rates, stringent deposit …