March 4, 2021 New Orleans One story after another in the mainstream media is now focusing on the shortage of homes for sale in city after city. The curious American dream of homeownership is another endangered species it seems, while at the same time the corporate and private equity grip on rental properties as …
Tag: housing market
Pandemic is Pushing Wall Street Suburbs and Home Garden Space
https://chieforganizer.org/wp-content/uploads/2020/05/CN05122020.mp3Podcast: Play in new window | DownloadSubscribe: Apple PodcastsNew Orleans Rumor or reality? I wasn’t sure. My daughter had heard from a real estate agent who specializes in New Orleans historic districts like the French Quarter, Marigny, Bywater, and elsewhere that, contrary to nationwide home sale collapses of 50% during the pandemic, sales were …
Crisis in Home Ownership for Working Families and Minorities
New Orleans Something big is happening in housing. Maybe big and bad. Maybe big and unknown, but scary in its uncertainty for the future. Here are the facts that frighten. Home ownership dropped again in the last quarter of 2016 and when it did so, it fell below 63% to the lowest level in …