Posts with tag affordable housing

George Lucas Proposes Affordable Housing Plan

By Les Christie The film emperor may be striking back. For 25 years, filmmaker George Lucas tried to persuade his Marin County, Calif., neighbors to let him build a digital production studio on his ranch there, but the area's residents thwarted the plan. So Lucas has come up with an alternative for his Grady Ranch... Continue Reading »

1 in 4 Spend More Than Half of Income on Housing, Study Says

In the wake of the housing bust, almost 1 in 4 working families spend more than half their income on housing costs, according to a new study. The study by the Center for Housing Policy found that both homeowners and renters continue to struggle with housing costs since the market tanked in 2008. Between 2008 and 2010,... Continue Reading »

Obama May Turn 250,000 Foreclosures Into Rentals

WASHINGTON -- The Obama administration may turn thousands of government-owned foreclosures into rental properties to help boost falling home prices. The Federal Housing Finance Agency said Wednesday it is seeking input from investors on how to rent roughly 250,000 homes owned by government-controlled mortgage companies... Continue Reading »

Affordable Rentals -- in a Mansion?

Affordable rentals are becoming harder to come by as people decide against buying a home in the current distressed market. Well, here's an option you may not have thought of: Rent a room in a mansion. Alyssa Abkowitz of SmartMoney reports on this emerging trend that has average renters curling up in the lap of... Continue Reading »

Second Homes for the Rest of Us

Second homes were once only the provenance of the very rich. But decades of American prosperity (the last few years excepted) made the weekend home a middle-class dream. For many, however, it remains just that: a dream. But Kristine Hansen of our sister site, Shelterpop.com, explores how to make a home away from home... Continue Reading »

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