User: demo Topic: Housing
Category: Foreclosure Impacts on Renters
Last updated: Feb 05 2016 22:45 IST RSS 2.0
 
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Gay groups seek to buy NYC church known for hateful messages 5.2.2016 Seattle Times: Nation & World

NEW YORK (AP) — The end may be nigh for a Harlem church known for hateful public messages condemning gays and President Barack Obama to eternal damnation, and two groups that serve gay New Yorkers are hoping to get an ironic last word on the matter. They want to buy the Atlah World Missionary Church […]
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Gay groups seek to buy NYC church known for hateful messages 5.2.2016 AP National
NEW YORK (AP) -- The end may be nigh for a Harlem church known for hateful public messages condemning gays and President Barack Obama to eternal damnation, and two groups that serve gay New Yorkers are hoping to get an ironic last word on the matter....
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Wall Street’s impact on Seattle’s housing affordability 4.2.2016 Seattle Times: Opinion

Cash-buyers in Seattle’s red-hot housing market are more often than not large investors whose first order of business is to hike up rents.
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'The Big Short' and '99 Homes' tackle the 2008 financial crisis from boom to bust 29.12.2015 LA Times: Commentary

So-called "losing the farm" movies in 1984 yielded Academy Award nominations for lead actress winner Sally Field ("Places in the Heart"), Sissy Spacek ("The River") and Jessica Lange ("Country.") But Hollywood has been slow in responding to more recent hardships caused by the 2008 economic crash...

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More than half of U.S. renters older than 40, study says 9.12.2015 Seattle Times: Business & Technology

WASHINGTON (AP) — The majority of U.S. renters are now older than 40, a fundamental shift over the past decade that reflects the lasting damage of the housing crash and an aging population. This finding in a report released Wednesday by Harvard University’s Joint Center for Housing Studies overturns the assumption that the rental boom […]
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More than half of US renters older than 40, study says 9.12.2015 AP Business
WASHINGTON (AP) -- The majority of U.S. renters are now older than 40, a fundamental shift over the past decade that reflects the lasting damage of the housing crash and an aging population....
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2 accused of renting vacant homes under false pretenses 12.11.2015 AP Washington
KENNEWICK, Wash. (AP) -- Two people have been arrested and accused of renting Kennewick vacant homes in foreclosure to others under false pretenses....
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'Working harder for less money' in Las Vegas, weary host of the Democratic debate 13.10.2015 LA Times: Nation

When the economy crashed in 2008, Rocky Jones was doing electrical work at the Fontainebleau, a $3-billion casino resort under construction on the Strip.

Before long, banks pulled the project's loans, builders abandoned the 63-story tower and Jones lost his job. He makes his living now as a handyman...

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The decadent, sometimes dangerous parties at the mansions next door 12.10.2015 Washington Post
Unregulated, crowded soirees pour into mansions in Prince George’s neighborhoods after the county cracked down on ...
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Hedge Funds: The Ultimate Absentee Landlords (Fall Preview) 29.9.2015 American Prospect
This article appears in the Fall 2015 issue of The American Prospect magazine.  Subscribe here . Each month, Esperanza Rosales sends $1,785 to the Blackstone Group, one of the world’s largest private equity firms. Steve Schwarzman, the CEO, has a net worth of $11.8 billion and last year earned $690 million. He owns a Park Avenue apartment, a villa in Jamaica, and large estates in Palm Beach, the Hamptons, and St. Tropez. Rosales, a 45-year-old seamstress, pays her rent to Invitation Homes, a Blackstone subsidiary established in 2012, which owns the modest 1,200-square-foot house in South Los Angeles where she lives with her husband (who is unemployed), her four children (one of whom is autistic), and her daughter Yuri’s three children. Rosales explains that her nine-member household lives “day to day, month to month” in order to pay the rent and the additional $400 to $500 a month in water and electricity bills. Invitation Homes has already told them that their rent will go up another $100 a month next ...
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Big Landlords Mull Merger, Betting on Rising Rents 21.9.2015 Wall St. Journal: Page One
Big Landlords Mull Merger, Betting on Rising Rents

Two big owners of single-family rental homes are in talks to merge, a bet that rents will keep rising and homes will remain difficult for many Americans to buy.

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Big Landlords Mull Merger, Betting on Rising Rents 21.9.2015 Wall St. Journal: US
Two big owners of single-family rental homes—Starwood Waypoint and Colony American—are in talks to merge, a bet that rents will keep rising and homes will remain difficult for many Americans to buy.
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Wheat Ridge police: Woman rented out home she didn't own on Craigslist 4.9.2015 Denver Post: News: Local
Police in Wheat Ridge arrested a woman Thursday for allegedly renting out an abandoned home she did not own through a Craigslist ...
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Under Jeb Bush, housing prices fueled Florida’s boom. Then it all went bust. 28.7.2015 Washington Post: Politics
The presidential hopeful points to his state’s economic success, but critics say the fallout hurt the middle ...
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How to save families from losing everything 28.7.2015 CNN: Top Stories
In 2013, Nicole, a 26-year-old single mother in Chicago, represented herself in eviction court. She thought she was agreeing to pay the rent so she could stay in her home, only to find out later she had agreed to an order awarding her landlord possession of the only decent housing she could afford.
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Theater gunman known as angry man with radical views 25.7.2015 Chicago Tribune: Nation
For decades before he opened fire in a Louisiana movie theater and killed two people, John Russell Houser was known as a man prone to anger, a loudmouth provocateur never afraid to share his ...
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Theater gunman known as angry man with radical views 25.7.2015 Seattle Times: Health
For decades before he opened fire in a Louisiana movie theater and killed two people, John Russell Houser was known as a man prone to anger, a loudmouth provocateur never afraid to share his opinion. His family said they feared him so much they hid his guns and had him hospitalized. A local TV host […]
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Theater gunman known as angry man with radical views 25.7.2015 AP Top News
For decades before he opened fire in a Louisiana movie theater and killed two people, John Russell Houser was known as a man prone to anger, a loudmouth provocateur never afraid to share his opinion....
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The millennial boom is over in D.C. Is that terrible news for the economy? 17.7.2015 Washington Post
For much of America, it was a long, slow crawl out of the Great Recession. Five years ago, auto and steel plants had shut their doors. Investments had collapsed. Foreclosures and unemployment were spiking.Read full article ...
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Fibbing on your abode 5.7.2015 Seattle Times: Business & Technology
Lenders increasingly are using more sophisticated methods to sniff out lies — and they are coming after perpetrators.
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