Owning just one home in your lifetime could be the most powerful decision you ever make, both financially and for overall stability and well-being. The tax laws, monetary system, and property-rights based society that we live in are all designed for it, and we explore how it creates an incredible investment over time, and many other reasons why it’s so powerful.
With home prices rising throughout the country, many people cannot keep up with the cost of payments to own them. Attom Data Solutions’s great visual explores the affordability numbers in each location as it relates to slower wage growth that makes it increasingly harder for everyone to be a homeowner.
You might think that the cost to build a zero-energy (ZE) or zero-energy ready home (ZERH) is much higher than the cost of traditional building. But building to zero-energy standards only costs from one to eight percent more up-front than simply building to code.
California needs as many as 3.5 million new homes by 2025. But analysis of 2018 data shows a huge shortfall in the number of building permits being issued.
Housing innovator Module is making progress on the first of a block of new houses in the Pittsburgh neighborhood of Garfield. It’s an exciting step forward for revitalizing the neighborhood with homes that are easy to construct and modify, energy efficient, and attractive.
Previous generations were further ahead financially than us millennials at the same age. This chart shows the average wealth by age for the baby boomers, generation X, and millennials, and how far behind millennials are in accumulating wealth versus the previous generations.
In the conclusion of our three-part series, we explore the four tools used to get out of a recession or depression, how to get the economy back on track, and the rules for us personally to prosper in this economic system we live in.