Ever felt like housing is becoming way too expensive? You're right, and it's not just because of the pandemic. The truth is, it's more about how much land costs these days. Prices have gone up even faster than housing costs, making land about 40% of what we pay for a home. In big cities like San Jos
Imagine you're Australian, and the cost of your housing keeps rising. What happens to your health and happiness? Researchers looked into this, using a special method to compare locals' health and life satisfaction when housing prices go up. They found that high housing costs can make your body feel
LA's rental market is seeing a sudden boost in prices due to the recent fires devastating homes. For instance, a furnished Bel Air home's listed price jumped from $15, 900 to $29, 500 per month in just a few months. Real estate agent Fiora Aston mentioned dozens of displaced families contacting her,
In Colorado, the mayors of the state's three largest cities—Colorado Springs, Aurora, and Denver—have joined forces to write a letter to Governor Jared Polis and other state leaders. They're kicking off the 2025 legislative session by urging a focus on public safety, specifically juvenile crime and
Boston has rolled out some new building rules for Chinatown, aiming to preserve its unique charm and make housing more affordable. But not all locals are sold on the idea. The proposed changes allow buildings to reach up to 35 stories in specific areas. This has some residents worried about overcrow
As 2024 draws to a close, mortgage rates are on the rise again. The average 30-year fixed-rate mortgage is now just below 7%, the highest it's been in six months. This increase comes despite the Federal Reserve's recent rate cut. The central bank, however, is less optimistic about further cuts this
As we wrap up 2024, the housing market has seen a growth in supply, but there's a catch. Many homes have been on the market for quite a while without finding buyers, a trend not seen since 2019. In November 2024, active listings were up by 12. 1% compared to the same month in 2023, hitting the highe
Recent global events like the digital revolution, health crises, and economic turmoil have shaken up both digital and traditional asset markets, changing how we invest. This study looks at how Non-Fungible Tokens (NFTs), Decentralized Finance (DeFi) assets, and the housing market interact during ext
In the United States, the number of homeless people has risen by 18% this year. This is mainly because many people can't afford decent housing. Natural disasters and a wave of migrants in big cities have also played a part. The government did a count in January and found over 770, 000 homeless peopl
Scientists are curious about how room temperature affects exercise benefits in mice. They put male mice in two different conditions: room temperature (21°C) and a warmer, comfy temperature (29°C). These mice either exercised for six weeks or did a quick workout. Guess what? Mice in the warmer enviro
