government to enact a housing program – part of President Franklin Roosevelt’s New Deal program”. (Macionis, p. 325, 2013) The New Deal program allowed public housing policies; which provides financial grant to homeowners and builders. Originally conceiving this ideas seems to be a good answer for urban housing problematic but this plan didn’t flourish with serious inadequacy. More than a decade ago, there were a flood of advertisement, mail-out and commercial from Real Estate companies and…
dream. The current real estate marketlets discredited clients know that the door is not completely closed on their future. Having a terrible credit rating does not mean you have to quit on your potential to have a house. Once someone is able to rebound from their pitfalls, there will be options towards helping you…
media has painted of the southern half of the peninsula. What first comes to mind, is there ferocious neighbor and enemy just north of the 38th parallel. However, what some fail to realize about South Korea is their monumental break throughs in real estate development and technology. Just south of one of the most populated cities in the world, lies a new and upcoming development with the name Songdo International Business District (IBD). Hailed as one of the worlds most futuristic cities,…
As I stood there, I could remember the day we moved in like it was yesterday. The house had been so beautiful, so large, so new, and I couldn’t believe it was mine. The day we had signed the papers, my husband had given me a nervous look and I had known exactly what he was thinking. ‘Are we sure we can afford this?’ The same thought had been bouncing around in my head too, a nagging feeling weighing down the excitement of owning a new home. My husband and I both worked full time, but even with…
reduction of black housing in the inner city of New Orleans is in a staggering position for a city having, record-setting economic growth post Hurricane Katrina. The longtime historically African-American lower to middle class warded off territories of New Orleans’ inner city, whether it may be uptown, downtown or in between are increasingly being overrun by a younger, more affluent race of white upper and middle class investors, eager with thoughts of redevelopment, real estate trends and…
administrator of New York City Housing Authority’s question regarding the New York Public Housing Law §37. Public housing disrepair and low maintenance is not a new issue to New Yorkers. Despite the government's effort to lower the percentage of public housing disrepair, a very small percentage was decreased. There are 520,103 residents in 378 housing projects, where more than 90% of those projects are in need of some kind of immediate repair. The new York’s Housing Authority Department proposed…
Gentrification, Groupthink, and the Right to Housing Introduction What does the right to housing mean? Many perceive the right to housing as a right to refuge from the world, shelter from the elements, a place where a person wants to be, or a place worth fighting for. One can say that the right to housing means less to the majority of housed people, who take this right for granted, than those whose very existence may hinge on this right. The United Nations states that everyone shall have “a…
Will the “Housing Denver” plan be a solution to affordable housing for the Metro area? After the Housing Market in Denver, Colorado declined back in 2012, the average house listing price has reached at $455,000 comparing back to 2012 when the average house listing was $207,000. This has become a major issue to new residents moving to the Denver area where the demand for a family home while the inventory is so low, which makes Denver one of the most unaffordable cities in the country. Rent on…
regarded as key to overcoming some issues of housing affordability \cite{yates_rhetoric_2001}. Particular the spatial inequality highlighted by many. Kelly and Donegan \cite*{kelly_city_2015} for example, noted individual examples and by Watling and Taylor \cite*{taylor_long_2011} who emphasised the increasing outward movement of relatively affordable housing as gentrification occurs. Reynolds and Wulff \cite*{reynolds_suburban_2005} identified similar housing market and economic spatial…
funding for federal housing programs and projects. Affordable housing continues to be a major barrier for low-income individuals. The availability of affordable continues to decrease, as does funds dedicated to affordable housing programs such as public housing and housing choice vouchers (HCV). It is dire that more funding be allocated to updating and increasing affordable housing programs, so that our most vulnerable populations have access to safe and affordable housing. The wait lists for…