Posts with tag affordable housing

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 »

Cheap Housing? Beijing Man Builds Egg Home

Environmentalists might just approve of this cheap housing, a mobile egg-shaped home covered in bamboo and grass seed-filled burlap sacks. But will it catch on as a real living space? Dai Haifei, a 24-year-old Beijing architect who developed the egg home, had been living in it on a sidewalk in the high-rent Chinese city... Continue Reading »

Long Island Real Estate: Levittown Suburb Abandons Its Affordable Roots

You might not notice it while cruising down the Long Island Expressway on the Hampton Jitney, but Long Island, N.Y. -- once the epitome of the suburban dream -- is having something of a midlife crisis as politicians, civic organizations and developers debate how to create more affordable housing. Yes, the place that... Continue Reading »

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