Michael Burry, the investor who made a name for himself by predicting the 2008 housing market crash, is now betting big on Fannie Mae and Freddie Mac. He thinks these two companies could see a significant rise in value if they go public again. In a recent post on his Substack newsletter, Burry shar
In the U. S. , finding a place to live is getting harder. Many people struggle to pay rent or buy a home. This is not just a personal problem; it affects the whole economy. Lawmakers from different parties are starting to agree on solutions. They know that having a stable home helps people work bet
A shift in the housing market is expected next year. For the first time since the Great Recession, incomes might grow faster than home prices. This change could make buying a home a bit easier for some people. Mortgage rates are predicted to drop slightly, and home prices might not rise as much as t
In Hong Kong, a recent fire has left a huge mess. It's been more than a week since the fire destroyed a big housing complex. At least 159 people died. Now, the city has a big problem: finding new homes for the thousands of people who survived. They lost almost everything in the fire. The government
The recent missile strikes on boats suspected of drug trafficking have sparked intense debate. Critics argue that the second strike, which targeted survivors of the initial attack, was a serious misstep. They question the decision-making process, especially since there was no opposing fire and ample
Idaho, once celebrated for its affordability, is now facing a tough economic situation, especially for young people. The state has the highest debt-to-income ratio in the country, tied with Hawaii. This is largely due to the rising cost of housing and the arrival of new residents. Young people in I
The housing market is changing. More apartments are being built, but fewer people are renting them. This is pushing rent prices down. In November, the average rent for an apartment in the U. S. was $1, 367. This is a 1% drop from October. It's also down 1. 1% from November 2024. Rents have fallen 5.
In a recent legal showdown, a California court backed Santa Rosa's plan to sell a downtown parking garage. The case, which started nearly three years ago, was all about whether the city followed the rules in declaring the garage as surplus property. The garage, known as Garage 5, is located on Thir
Maine is struggling with a housing crisis that's affecting everyone. From young adults to families, people are finding it hard to afford homes. But it's even worse for those with low incomes or facing challenges like disabilities or addiction. For them, finding affordable housing can mean the differ
Anchorage is in the midst of a heated debate about housing and neighborhoods. The proposed Transit-Supportive Development Overlay (TSDO) ordinance has sparked intense discussions. While some see it as a way to create more affordable housing, others worry about the impact on their neighborhoods. The
