Business and Finance


Housing is Out of Reach

How Much do you Need to Earn to Afford a Modest Apartment in Your State? Millions of Americans struggle to find affordable rents. In order to afford a modest, two-bedroom apartment in the U.S., renters need to earn a wage of $20.30 per hour. In six states and the District of Columbia they need to earn more than $25 per hour. The Housing Wage for a two-bedroom unit is $13.05 higher than the federal minimum wage of $7.25, and $4.88 higher than the

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SOCIAL JUSTICE WEDNESDAY 8, FEBRUARY 2017 Amid soaring rents, low-income residents win protection

On August 11, 2016, Toya Thomas came home to find a note pinned to her apartment door stating that her lease was being terminated. It was from Calibrate Property Management Company, which had recently taken ownership of the Renton Woods apartment complex. Thomas is a single mother with three children, including a 25-year-old son with special needs. She was given 60 days to vacate the apartment.

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At Home, Many Seniors Are Imprisoned by Their Independence

Almost two million people over age 65, or nearly 6 percent of those Americans (excluding nursing home residents), rarely or never leave their homes, researchers recently reported in JAMA Internal Medicine. The homebound far outnumber the 1.4 million residents of nursing homes. Using data from the 2011 National Health and Aging Trends Study, the study authors defined as homebound those who in the past month had not left their homes at all or had gone

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Growth game: Housing prices challenge Puget Sound

The growth game is back: How many construction cranes are visible from Lake Union? Sixteen? Twenty? New ones seem to sprout weekly, signaling a remarkable rate and concentration of growth. Although Emmett Watson turns in his grave at all this change, growth does provide jobs, tax revenues and a promising future for those emerging from school. And it is far easier to engage in progressive public policy when the private sector is booming. But enthusiasm

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New Law Gives Renters Protection During Foreclosure

May 21, 2009 important protections for tenants living in foreclosed properties were signed into law by President Obama.  The renter protection provision took effect immediately and expire at the end of 2012.  S.896 contains key renter protections, advocated for byNational Low Income Housing Coalition (NLIHC) and other organizations.   For More, see New Law Give Renters Protection

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