We found people who own their home outright were 1.5 times as likely to be highly satisfied with life as renters. But it can be a different story if you have a mortgage – especially if you’re 50-plus.
Corporate investors own nearly one-third of all single-family rental properties in Atlanta.
Kruck20/iStock via Getty Images
A scholar who examines the impact of property ownership explains why purchasing a home comes with many moral obligations.
A new act in Canada bans non-citizens, non-permanent residents and foreign commercial enterprises from buying Canadian residential properties.
(Shutterstock)
Since foreign owners only represent a tiny segment of the housing market, it’s unlikely that Canada’s new ban on foreign homebuyers will make homes more affordable for Canadians.
Younger generations are finding it harder to meet traditional financial milestones.
Kmpzzz / Shutterstock
Routine maintenance is necessary for every homeowner. But for Black women, that burden is complicated by decades of redlining and the impacts of climate change.
The rebuilding in places like Matlacha, Fla., won’t happen overnight.
AP Photo/Gerald Herbert
Labor’s scheme will get people into homeownership who would have otherwise missed out. The Coalition’s will get people already likely to buy into houses sooner.
Several lawmakers from high-tax states like New York are pushing for changes to a key tax deduction in Democrats’ $3.5 trillion spending package.
Kent Nishimura/Los Angeles Times via Getty Images
The 2017 tax cuts put a $10,000 cap on the deduction for state and local taxes. The richest households would see the biggest gains from eliminating or raising the cap.
A photographer stands in a rain of flaming embers during a fire in California in 2019.
Josh Edelson/AFP via Getty Images
Black farmers own far less land than they did in 1910 and the racial gap in homeownership is at the highest level for 50 years.
Rent strikers from Toronto’s Parkdale neighbourhood and fellow protesters gather outside Social Justices Tribunal Ontario in February, 2018. The group refused to pay rent after the landlord applied for an increase in rents.
THE CANADIAN PRESS/Chris Young