US homeless crisis escalates as rent prices rise – Al Jazeera

In the United States, and in California, there is increasing alarm over the number of over-fifties who find themselves living on the streets. They make up most of the more than half a million people there who are homeless. Many have been forced from their homes because they are unable to pay large increases in

FEC threatens Rep. Lauren Boebert with legal action after she made Venmo rent payments from her campaign account

FEC filings detail that Republican Rep. Lauren Boebert used campaign funds to pay rent and utilities via Venmo. Her campaign says she reimbursed all of the $6,650 spent by her campaign and that it was an error. The FEC says Boebert could still face “further legal action” and needs to provide more information. Freshman Republican

CDC extends eviction moratorium a month, says it’s last time

The Biden administration on Thursday extended the nationwide ban on evictions for a month to help millions of tenants unable to make rent payments during the coronavirus pandemic but said this is expected to be the last time it does so. Dr. Rochelle Walensky, director of the Centers for Disease Control and Prevention, extended the evictions moratorium

Investors account for a fifth of home purchases in Canada. Are they driving up housing prices in a booming market?

Investors account for one-fifth of all home purchases in Canada, adding more fuel to the debate about their influence on the country’s soaring real estate prices and demand for housing. Since the start of the COVID-19 pandemic, investor buying has rebounded to 20.1 per cent of all purchases in the country, with a slightly higher

California to Pay off all Past Due Rent Accrued During COVID, Giving Renters Clean Slate

California is paying off residents’ past due rent that was accrued during the COVID-19 pandemic, giving renters a clean slate, Gov. Gavin Newsom announced recently. The state’s $5.2 billion in funds from Congressionally-approved aid packages is enough to pay off overdue rent, according to Newsom’s senior counselor on housing and homelessness, Jason Elliott, the Associated Press reported.

Condo developer plans to buy $1-billion worth of single-family houses in Canada for rentals

A Toronto condo developer is buying hundreds of detached houses in Ontario, with the plan of renting them and profiting on the housing crisis ripping across the country. Core Development Group Ltd. is building a large-scale single-family home rental operation, an unproven business model in Canada, where the market is fragmented and individual investors lease