Monte Anderson opened a broom closet in his kitchen and pointed to a door handle near a mop and a trash can. Somewhere on the other side lay one small solution to America’s affordable housing crisis. Mr. Anderson is a developer who rehabs commercial and residential buildings in and around Dallas, including the ranch-style house…
During his presidential campaign, Donald J. Trump pledged to quickly bring down prices for American households, including making housing more affordable. “We’re going to open up tracts of federal land for housing construction,” Mr. Trump said in August. “We desperately need housing for people who can’t afford what’s going on now.” The Trump administration is…
Janet Robertson had few choices after being evicted from her apartment of two decades in Vancouver, Canada’s most expensive city. Even listings in nearby suburbs were out of reach after years of paying 900 Canadian dollars, or $650, monthly for her studio apartment. She kept going until she could find something she could afford and…
“The capital need is in the trillions, not billions,” Ms. Anadu said. “It’s no secret that there’s a big market opportunity,” said Bennett Goodman, the executive chairman and a co-founder of Hunter Point Capital, an investment firm that backed Vistria in 2022. “What’s hard is being able to put together a scalable platform where you…
In 33 years, Marga Aguilar never missed a rent payment on her apartment in a Modernist-style building in the heart of Barcelona. The owner of the building had always treated her and the other tenants as if they were family, and kept rents reasonable. But when the owner died recently, Ms. Aguilar, 62, got a…
In Barcelona, thousands took to the streets to protest the soaring costs of renting apartments in the city. Demonstrators disrupted traffic in major city center avenues, carrying signs in Spanish advocating for fewer investment properties and more affordable housing options. Source link