All articles tagged with #housing
Fortune argues that Baby Boomers, by dominating jobs, owning most large homes, and aging in top roles, suppressed wages and constrained housing for younger Americans for decades; as Boomers retire, a tighter labor market, housing shortages, and weak leadership succession threaten the economy and compel institutions to reinvent transitions.
The House passed the 21st Century ROAD to Housing Act in a rare 396-13 vote, signaling bipartisan will to boost housing supply through incentives and local-approval reforms; a Senate provision that would require seven-year resale of certain rental homes is not in the House bill, creating potential path hurdles and a conference process. The Trump administration signaled support, and leaders want to move quickly before July. April housing starts were 1.465 million annualized, down 2.8% from March, underscoring ongoing underproduction; a shared element is relaxing manufactured-housing rules (no chassis) to lower costs and boost productivity.
The House approved a bipartisan housing affordability package (an amended ROAD to Housing Act) aimed at expanding supply through streamlined environmental reviews, local planning grants, and easier access to manufactured housing, while adopting a softer restriction on institutional investors than the Senate by not requiring sell-offs of build-to-rent/renovate-to-rent properties and instead creating a tenant hotline; the bills must be reconciled with the Senate version and sent to the president, potentially making it one of the broadest federal housing efforts in decades.
House Speaker Mike Johnson and the White House struck a compromise on the 21st Century ROAD to Housing Act, with the House set to vote to send the package back to the Senate. The updated House text narrows its differences with the Senate by aligning ownership restrictions on single-family rentals and adding prevailing-wage requirements for federally funded projects, while preserving other changes. The bill aims to address housing affordability, supply, and homeownership ahead of the midterms, after prior pushback from the White House and Senate.
Rising prices and stagnant wages are pushing more American families to live under one roof across generations, with grandparents helping care for kids and adult children teaming up to buy homes. Builders are responding with plans that include attached or separate living spaces to balance togetherness and privacy, and data show multigenerational home purchases rose from 14% to 17% of buyers between 2023 and 2024.
Colorado’s 2026 legislative session ended after 120 days with roughly 650 measures considered; a curated list highlights 101 bills that passed or failed, spanning housing, homelessness, gun policy, budget and taxes, elections, AI regulation, and education. Many measures await the governor’s signature, veto, or enactment timing, while others died in committees; the year featured major housing groundwork, budget-balancing moves, and policy shifts across energy, health and technology as part of a Capitol News Alliance project.
Senior House lawmakers reached a bipartisan deal to amend the Senate housing bill, preserving limits on Wall Street’s single-family home purchases while broadening who counts as a single-family home; the plan would pass next week under suspension of rules and go back to the Senate for final approval, before possible White House action. The amended text also keeps a five-year ban on a digital dollar, includes 12 community banking provisions, and drops a controversial seven-year divestiture for investor-built rentals, among other changes.
Trump and MAGA-aligned voices are pressuring House Republicans to pass the Senate’s 21st Century ROAD to Housing Act to expand housing supply and affordability, but GOP members have yet to move and want tweaks. The White House is leveraging right-wing influencers to cast the bill as an affordable-win ahead of the midterms, while internal GOP divisions—such as opposition to large-investor ownership caps and a temporary ban on a Federal Reserve digital dollar—complicate any swift deal and leave the outcome uncertain.
House GOP leaders plan to bring an amended version of the Senate housing bill to the floor for a fast-track vote next Wednesday, signaling bipartisan changes are needed even as the White House pushes to pass the Senate measure as written. The proposed changes aim to scale back some constraints on large investors and address a seven-year divestiture for single‑family rentals, with the revised text likely returning to the Senate for consideration amid ongoing legal and policy concerns.
President Trump urged Congress to pass the Senate’s 21st Century ROAD to Housing Act, pushing back against House efforts to modify language that would curb Wall Street investors in single‑family homes, as Senate moves forward on Fed nominee Kevin Warsh; the day also included an Ethics Committee update on Rep. Cory Mills, talk of a possible gas‑tax holiday, and broader Capitol Hill jockeying ahead of the midterms.
After years of homelessness shared with her mother, Ana Duarte built a life in Florida, earned a social-work degree, moved into a two-bedroom apartment, and then invited Anette to move in, giving her the master bedroom and a renewed sense of stability.
New York City’s Rent Guidelines Board approved preliminary ranges that effectively allow a rent freeze for rent-stabilized units: 0-2% on one-year leases and 0-4% on two-year leases, with final numbers due June 25. The seven-to-one-one vote occurred after Mayor Zohran Mamdani pushed to ease the city’s affordability crisis and amid loud debate between tenants and landlords. Tenant advocates praised the move as protecting renters, while landlords argued it threatens property finances. The panel’s decision comes as data show rising net operating income citywide, though opinions differ on the true costs and benefits of rent stabilization across boroughs.
Democratic gubernatorial contenders Tom Steyer, Xavier Becerra, Katie Porter and Matt Mahan roll out ambitious housing plans for California, proposing targets like 1 million homes in four years (Steyer), 40,000 shovel-ready units in 100 days (Becerra), and a 20% reduction in construction costs (Porter) plus cost-cutting and modular-building strategies from Mahan. Analysts warn such lofty goals risk overpromising due to local control, permitting bottlenecks, and funding limits, echoing lessons from Newsom’s tenure about translating promises into delivery.
President Trump is privately voicing objections to a Senate-approved housing bill, focusing on a build-to-rent provision that would require large institutional investors to sell certain single-family homes after seven years. He paused before publicly weighing in, and his private concerns could complicate House-Senate negotiations on the landmark measure, despite the White House previously backing the package.
New York’s prewar buildings still rely on loud, aging analog intercoms; a patchwork of small repair shops keeps them buzzing while residents and boards debate costly upgrades to video systems.