Online retail giant Amazon announced this week that it is committing an additional $1.4 billion to its Housing Equity Fund that will go toward the creation and preservation of roughly 14,000 affordable housing units across three major metropolitan areas in which it maintains a corporate presence. The funds — to be invested in the metro [...]read moreAmazon commits additional $1.4B to affordable housing fund
Housing affordability has plummeted to its lowest level since the 1980s, keeping many Americans in the rental market. As a result, some homebuilders have doubled down on the construction of built-to-rent (BTR) homes. In 2023, a record 93,000 new single-family homes for rent were completed, up 39% from 2022, according to a report by The [...]read moreBuilt-to-rent construction gains momentum amid affordable housing shortage
In 1904, the first world’s fair opened in St. Louis. It was there that the world learned how to host a fair and pack on pounds. An ice cream vendor who ran out of cups while working next to a waffle stand had a stroke of genius — he married warm waffles with cold ice [...]read moreOpinion: Will new changes make houses more affordable?
In This Article With median house prices in the U.S. inching towards half a million dollars and mortgage rates back over 7%, homebuyers and investors alike are getting choked out of the market. Although there are several cities in the Midwest and South where you can still buy homes for $100,000, they tend to be the exception rather [...]read moreThese U.S. Cities Are Overflowing with Affordable Single-Family Homes Under $300k
America is in need of affordable housing; we’re all aware. Buying your first home has become increasingly challenging for everyday people. This is where housing subsidies come in. Federal housing subsidies were created over ninety years ago to help Americans get into the housing market and strengthen the economy, but in 2024, much of that [...]read moreThe New Reform That Could Unlock $1B+ for Affordable Housing
Tesla shares surged nearly 14% on Wednesday after the electric-car maker eased some worries about slowing growth with a prediction that sales would rise this year and plans to roll out more affordable models in early 2025. Investors had been bracing for the worst after a tumultuous week at Tesla that saw big layoffs, [...]read moreMusk promises ‘more affordable’ cars — but what did he mean?
Moving is hard. But could relocating to a low-cost-of-living area help you lead a more fulfilling life and achieve financial freedom? As today’s guest came to find out, the benefits of living in an affordable area often outweigh the glitz and glamor of a big city! Welcome back to the BiggerPockets Money podcast! Today, we’re [...]read moreHow to Get PAID to Live in an Affordable City & Fast-Track Financial Freedom
Elon Musk has kept investors hanging since he issued cryptic social posts following an exclusive April 5 Reuters report that Tesla had scrapped its plans for a $25,000 “Model 2” electric vehicle. “Reuters is lying,” Musk wrote in one post that day, without identifying any inaccuracies. Nearly two weeks later, with no [...]read moreWall Street wants answers from Musk on Tesla’s affordable car
The Kia EV2, the automaker’s small, affordable electric crossover, has been spotted on the street in camouflage. It’s the first time the model has been seen in the wild, although the EV2 is not currently confirmed for the US. The timing of the sighting is particularly significant given recent news that Tesla may have canned [...]read moreKia’s affordable EV2 electric crossover is spotted as Tesla reportedly cancels Model 2
Spring is here and summer is right around the corner. All of that sunshine means swimsuit season is here again. If you’re looking at your swimsuit stash sideways because your bikinis and one-pieces have seen better days, now is a good time to stock up on new swimwear before vacation season. A one-stop-shop brand with [...]read moreThe Best Cupshe Swimsuits 2024: Our Review of the Affordable Swimwear Brand