Zohran Mamdani, a 34-year-old Democratic Socialist, has become a sensation among young voters across the United States. His campaign for New York City mayor focuses on affordability, resonating with many who feel ignored by traditional politicians. Lea Ash, a 26-year-old Democrat from Mississippi, is one of many who see Mamdani as a beacon of hope. Despite living far...
Peter Schiff, a well-known economist, has some strong opinions about why buying a home in the U. S. is becoming increasingly difficult. He points the finger at two big names in the housing market: Fannie Mae and Freddie Mac. According to Schiff, these institutions aren't helping people afford homes; they're actually making it worse. Schiff explains that by increasin...
Buying a home has been tough lately. Prices keep going up, and so do mortgage rates. But there's some good news. Experts think things might get better by 2030. First, let's talk about what "normal" means. A home is usually considered affordable if it costs about 30% of your income. That's the standard. Back in 2018, things were pretty balanced. Mortgage rates were l...
New York City has always been a beacon of opportunity. It's where many families, like those of Zellnor Myrie, came to build better lives. Myrie's parents moved from Costa Rica nearly 50 years ago, seeking work and a brighter future. They found it in New York, where Myrie was born and raised. He attended public schools, eventually graduating from Cornell Law School. H...
Many people are worried about a recent plan that could change how housing aid is given out. This plan would cut federal rental aid by 40%. The idea is to give states more control over how this money is used. The current system is seen as flawed, so the plan suggests ending programs like Section 8 and giving states the power to create their own rental assistance progr...
Hey, did you know that your vote isn't just about politics? It's about money. Big money. Today, when you head to the polls, think about how that ballot can really change your financial future. Politicians talk a lot about "economic policy" and "fiscal responsibility. " But what does that really mean? It's about your money – your salary, your savings, even your littl...
Kamala Harris recently unveiled her housing plan, which proposes to build 3 million new units and provide $100 billion in down payment assistance. Sounds good on paper, but history shows us this approach has consistently failed for decades. The subsidies will likely raise prices, as many first-time buyers would have bought anyway. And the construction incentives fac...
In the post-pandemic world, renters have witnessed a sharp increase in their monthly payments, leaving many to wonder why, especially when construction is booming in North Texas. Population growth may be a factor, but the Department of Justice has raised concerns about a Richardson-based real estate company, RealPage, and its alleged predatory practices. The DOJ's la...