Damage from three storms in 1998 alone cost more than those during the previous 40 years combined. Since then, the pace of costly storms hasn’t let up.
Sales of existing homes fell 6.6 percent in February from the month before. Meanwhile, prices are up 16 percent over the past year, giving homeowners about $2 trillion more in equity and widening the wealth gap.
The Centers for Disease Control and Prevention is moving to extend an order aimed at preventing evictions during the pandemic. Housing groups say the order could prevent up to a million evictions.
The annual homeless count by the Department of Housing and Urban Development shows an increase in people living outside. The 2020 numbers in the report do not reflect the impact of the pandemic.
The latest COVID-19 relief bill passed by Congress has upward of $27 billion for rental assistance to prevent evictions. With so many renters not paying, many landlords are struggling.
A top aide to President Joe Biden recently said that the White House will “start acting now” on reparations for African Americans. Some say it’s long overdue. Reparations, they say, are important to start to address the moral injury slavery inflicted. Others say direct payments to African Americans will divide the Black community, exaggerate racial tensions and prove impossible to administer.
2020 made moving a reality for millions. Some moved to be near family. Others achieved their pipe dreams of moving to distant locations in pursuit of a better lifestyle and cheaper cost of living.
The Senate has confirmed Marcia Fudge to head the Department of Housing and Urban Development, placing the longtime Ohio lawmaker in charge of the agency just as Congress is poised to pass new benefits for renters and homeowners who have suffered economic losses amid the coronavirus pandemic.
Congress approved $25 billion in emergency rental assistance to keep people housed during the pandemic, but states are facing glitches on the federal moratorium for renters and landlords.
As the pandemic stretched on, some employees moved hundreds of miles from the offices they're supposed to return to once it's safe. Will their bosses really make them come back?
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