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Housing

All articles tagged with #housing

Bipartisan Housing Bill Becomes Law Despite Presidential Protest
politics2 hours ago

Bipartisan Housing Bill Becomes Law Despite Presidential Protest

The 21st Century Road to Housing Act—aimed at lowering costs and boosting housing supply—became law automatically after Congress passed it and Trump, who opposed signing in protest of a voter ID bill, did not veto. The package, with more than 40 provisions, includes measures to speed up construction and curb large institutional purchases of single‑family homes, marking a rare bipartisan milestone as housing affordability remains a pressure point for Americans.

Cost Pressures Push Record Number of Young Adults Back to Living with Parents
economy2 hours ago

Cost Pressures Push Record Number of Young Adults Back to Living with Parents

A 2025 Realtor.com/Census analysis shows more than 25 million adults under 35 live with their parents, about one in three, the highest on record. The shift stems from housing costs—medians around $430,000 for homes and $1,673 for rent, with mortgage payments rising sharply—which keeps many employed young adults at home to save for a future purchase. First-time buyers remain scarce (a record low share), and marriages are delayed, further boosting two-income or shared-parent-home living as the path to independence becomes harder.

Record share of young adults living with parents as housing costs stay high
business6 hours ago

Record share of young adults living with parents as housing costs stay high

A Realtor.com analysis of Census data shows a record 25 million young adults aged 18–34 lived with their parents in 2025 — about one in three in that age range — driven by persistently high home prices. The share rose after the pandemic-era price swings and remains high even as most of these adults are employed, with many having bachelor’s degrees. The age a person was during the pandemic shaped their housing trajectory: those who were 28–29 when rates were low in 2021 were likelier to own now, while those who were college-age then remain more likely to be shut out. The article also notes a federal housing law going into effect intended to ease the housing crunch.

New housing reform becomes law, betting on supply despite political drama
politics10 hours ago

New housing reform becomes law, betting on supply despite political drama

Congress enacted the bipartisan 21st Century Road to Housing Act into law, aiming to ease affordability by expanding housing supply through incentives for manufactured housing, office-to-apartment conversions, and a grants/loans program to repair older homes, plus prompts for state and local zoning reform. Implementation now hinges on HUD staffing and local action, so benefits may take years. The bill also imposes a first-of-its-kind cap on institutional buyers of single-family homes (no more than 350 per owner) but doesn’t force sales from large holders, and it does not address current high mortgage rates or the “lock-in” effect.

Bipartisan housing bill becomes law as Trump withholds signature
us-politics11 hours ago

Bipartisan housing bill becomes law as Trump withholds signature

The 21st Century ROAD to Housing Act, the first major federal housing-affordability bill in three decades, became law after Congress passed it with broad bipartisan support and President Trump did not sign it; under a 10-day waiting period it took effect without his signature. The law aims to boost housing supply by encouraging local zoning reforms, streamlining environmental reviews, reducing costs for manufactured homes, and restricting large investors from buying single-family homes, a package welcomed by homebuilders, lenders and related groups as median U.S. home prices rise to record highs.

Pressure grows to sign housing bill as prices hit a record high
politics1 day ago

Pressure grows to sign housing bill as prices hit a record high

As U.S. housing costs reach an all-time high, lawmakers urge President Trump to sign the bipartisan ROAD to Housing Act, which would curb large investors buying single-family homes, streamline NEPA reviews, and fund grants to boost housing; Trump’s refusal to sign—paired with calls from Warren, Klobuchar, and Pappas—has sparked renewed outrage even as the National Association of Realtors reports a record $440,600 median existing-home price.

California’s 2026 ballot pits wealth taxes, housing funding, and voting rules on the line
politics4 days ago

California’s 2026 ballot pits wealth taxes, housing funding, and voting rules on the line

California voters will decide 14 statewide propositions on the November ballot, including a billionaire wealth tax and its anti‑tax “poison pills,” a major $11.25 billion affordable housing bond, public campaign financing, a voter-ID requirement, and a suite of tax/financing and governance reforms (including a permanent high‑income tax for schools and healthcare, a homeownership down‑payment program, and CEQA reforms). Campaigns have already raised well over $100 million, and the wealth-tax proposal faces opposition from Gov. Newsom and others who warn it could drive out residents or hinder budgeting.

ADUs turn backyards into multigenerational hubs
business5 days ago

ADUs turn backyards into multigenerational hubs

State laws expanding accessory dwelling units (ADUs) are letting families live multigenerationally on one property, turning backyards into small compounds and boosting housing options. While California leads adoption and ADUs can serve as family homes or rentals, builders still face zoning hurdles and high costs; experts say ADUs have potential to stabilize families and expand housing stock, though data on scale is limited.

A 50-year housing reboot could reshape America’s suburbs into walkable, mixed-use neighborhoods
future-perfect9 days ago

A 50-year housing reboot could reshape America’s suburbs into walkable, mixed-use neighborhoods

America’s housing crisis stems from a century-old suburban model built on single-family zoning; over the next 50 years, reforms like YIMBY policies, ADUs, and smarter urban planning could turn suburbs into denser, walkable, mixed-use places—and even launch new cities—though outcomes depend on immigration, financing, and political will.

California’s July 1 Law Overhaul: Bathrooms, Food Dates, and Housing Near Transit
politics9 days ago

California’s July 1 Law Overhaul: Bathrooms, Food Dates, and Housing Near Transit

California kicks off July 1 with a broad wave of laws affecting schools (all-gender restrooms and smartphone-use limits; LGBTQ+ and privacy protections), food labeling (standardized date labels ‘BEST if Used by’ and ‘USE by’ plus allergen disclosures), housing near transit (taller, denser development), gun restrictions (ban on Glock-style pistols, dealer training, ghost-gun reporting), retiring Native American mascots, streaming ad loudness limits, and emergency lines for autonomous-vehicle services, plus printing the Trevor Project LGBTQ+ suicide hotline on student IDs.

Johnson pushes Bipartisan Housing Bill to White House, Trump Calls It a 'Yawn'
politics11 days ago

Johnson pushes Bipartisan Housing Bill to White House, Trump Calls It a 'Yawn'

Speaker Mike Johnson sent the bipartisan 21st Century Road to Housing Act to the White House, starting a 10-day clock for President Trump to sign or let it become law. Trump dismissed the measure as “a yawn” and signaled he may not support it while pursuing his own federal elections overhaul. The bill aims to tackle affordability by boosting housing supply and prohibiting large private-equity buyers of single-family homes, a priority for Republicans ahead of the 2026 midterms, though its Senate prospects and Trump’s stance remain uncertain.

Johnson pushes housing bill toward Trump with 10-day sign-or-veto clock
politics11 days ago

Johnson pushes housing bill toward Trump with 10-day sign-or-veto clock

House Speaker Mike Johnson will send a major housing bill to President Trump on Monday, starting a 10-day window to sign or veto. If Trump takes no action while Congress is in session, the bill becomes law. Trump has tied signing to a separate elections-rules measure that lacks Senate support, leaving the bill’s fate uncertain despite bipartisan backing.