Housing Equality & Policy
Policy
New Tax Credit Would Make Rent Affordable for Half a Million American Families With Children
The newly enacted child tax credit has the potential to reduce the number of rent-burdened households with children by nearly 9%. The newly enacted child tax credit, which will put an average of $221 per month into the pockets of families earning $150,000 or less with children, would make housing go from unaffordable to affordable
It’s About to Become Less Expensive to Sell Your Home. Here’s Why.
The fees that sellers pay to buyers’ agents are expected to decline as a federal legal battle ushers in a new era of transparency around real estate commissions. Some home-selling businesses have already started offering lower commission rates. Buyers also stand to benefit, as lower commissions can translate to lower home prices. The typical U.S.
The Biden Administration Could Create Three Times as Many Affordable Homes By Building in Places Already Affordable
In order to solve the housing shortage, the Biden administration should spend its affordable housing budget outside of expensive California cities and focus instead on building housing in already affordable places like the Midwest and South. The U.S. currently faces a housing shortage of 2.5 million homes. The number of homes for sale is at
More Than 40% of Lower-Income Households in the Bay Area and Seattle Are Rent-Burdened
Amazon’s recent pledge aims to help address the housing affordability problem in certain areas. Even huge amounts of money–like Amazon’s commitment of $2 billion–will only have a minor impact on the share of families who spend more than 30% of their income on rent. The hot housing market is good for homeowners, but it also
Migrants Likely Helped Flip Georgia Blue, With 50,000 More People Moving Into the State Than Out Last Year
Georgia had the sixth-biggest net inflow of any state in 2019, and affordable Atlanta is perennially one of the most popular destinations for Redfin.com users leaving expensive coastal areas. People moving to the Atlanta area from pricey, liberal metros like New York, Washington, D.C. and Los Angeles is likely one factor helping tilt Georgia blue
42% of Americans Are Hesitant to Move to a Place Where They’d Be in the Political Minority, Up From 32% in June
The share of people who are hesitant to relocate to an area where they’d be in the racial, ethnic or religious minority also increased—to 28% from 20%—according to a Redfin survey. Forty-two percent of U.S. residents would be hesitant to move to an area where most people have political views different from their own, up
New Tax Credit Would Make Rent Affordable for Half a Million American Families With Children
The newly enacted child tax credit has the potential to reduce the number of rent-burdened households with children by nearly 9%. The newly enacted child tax credit, which will put an average of $221 per month into the pockets of families earning $150,000 or less with children, would make housing go from unaffordable to affordable
It’s About to Become Less Expensive to Sell Your Home. Here’s Why.
The fees that sellers pay to buyers’ agents are expected to decline as a federal legal battle ushers in a new era of transparency around real estate commissions. Some home-selling businesses have already started offering lower commission rates. Buyers also stand to benefit, as lower commissions can translate to lower home prices. The typical U.S.
The Biden Administration Could Create Three Times as Many Affordable Homes By Building in Places Already Affordable
In order to solve the housing shortage, the Biden administration should spend its affordable housing budget outside of expensive California cities and focus instead on building housing in already affordable places like the Midwest and South. The U.S. currently faces a housing shortage of 2.5 million homes. The number of homes for sale is at
More Than 40% of Lower-Income Households in the Bay Area and Seattle Are Rent-Burdened
Amazon’s recent pledge aims to help address the housing affordability problem in certain areas. Even huge amounts of money–like Amazon’s commitment of $2 billion–will only have a minor impact on the share of families who spend more than 30% of their income on rent. The hot housing market is good for homeowners, but it also
Migrants Likely Helped Flip Georgia Blue, With 50,000 More People Moving Into the State Than Out Last Year
Georgia had the sixth-biggest net inflow of any state in 2019, and affordable Atlanta is perennially one of the most popular destinations for Redfin.com users leaving expensive coastal areas. People moving to the Atlanta area from pricey, liberal metros like New York, Washington, D.C. and Los Angeles is likely one factor helping tilt Georgia blue
42% of Americans Are Hesitant to Move to a Place Where They’d Be in the Political Minority, Up From 32% in June
The share of people who are hesitant to relocate to an area where they’d be in the racial, ethnic or religious minority also increased—to 28% from 20%—according to a Redfin survey. Forty-two percent of U.S. residents would be hesitant to move to an area where most people have political views different from their own, up
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