New York City Mayor-elect Zohran Mamdani won after campaigning on expanding rent stabilization to improve housing affordability. When he becomes mayor in January, Mamdani will face a lawsuit challenging New York’s rent stabilization law. A group of New York City landlords sued, arguing that the law sets rents too low to justify spending thousands of […]
NYC landlords sue over rent law as vacant units climb Read More »
Eliminating or reducing parking minimums for new housing developments near public transit has become an increasingly popular policy tool for cities and states across the U.S., with the primary objective of lowering the cost of building new housing. The idea is to create walkable, transit-friendly communities that buyers and renters can better afford. In June,
Illinois moves to boost housing by curbing parking mandates Read More »
The Supreme Court could decide on the legality of many of the Trump administration’s tariffs within months, but the ruling won’t impact many of the administration’s levies on imported construction materials such as lumber, steel, aluminum and copper. The case before the Supreme Court contests the legality of the president’s use of the International Emergency
A 50-year mortgage sounds like the next big innovation in housing finance, a way to make homes “affordable” again in an era of high prices and stubborn interest rates. But the way I was raised and educated, financial independence and straight talk count. Having studied economics at Texas A&M, I see this for what it
The 50-year mortgage: I’m not buying the “forever loan” Read More »