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6 mins read

After 2 years of applying for the NYC housing lottery, she finally won her bid. Now she pays $1,000 in rent for her Manhattan apartment.

In 2018, the odds of winning the affordable-housing lottery were 1 in 592, The New York Times repor…

Amanda Goh   


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8 mins read

Young guys literally only want one thing and it's this $7,000 chair

From tech bros to finance guys, rich young men are in love with this midcentury modern Eames lounge…

Emily Stewart   


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2 mins read

If you are waiting to buy an affordable home when rates drop, you're out of luck

Lowered rates might make mortgages more affordable, but a housing shortage will keep prices high.

Allie Kelly   


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2 mins read

Cruises will be super-popular next year. Be prepared to fight for a pool chair.

Royal Caribbean, Carnival, and Norwegian are set to see lots more people on cruise ships next year.…

Brittany Chang   


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2 mins read

Trump criticizes Fed Chair Powell for considering interest rate cuts this year to 'help the Democrats' win elections

Former President Donald Trump told Fox News that if he gets re-elected, he won't reappoint Fed's Je…

Ayelet Sheffey   


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2 mins read

It's time for the Fed to cut interest rates and bring relief to Americans who 'cannot afford to pay rent,' Elizabeth Warren says

Sen. Elizabeth Warren joined three of her colleagues in pushing for the Federal Reserve to "reverse…

Ayelet Sheffey   


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4 mins read

Cities to watch in 2024: Las Vegas is drawing movers who want glitzy, big-city perks with an affordable price tag

Some movers are choosing Las Vegas as a reprieve from pricier coastal hubs, and others are taking t…

Jordan Pandy   


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4 mins read

Austin is copying Houston's playbook for making housing more affordable

"If we don't turn this ship around, the very thing that is driving the exodus from California I thi…

Eliza Relman   


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4 mins read

A 27-year-old Berkeley city council member wanted to build more affordable housing. Relentless harassment from 'left NIMBYs' pushed him to resign.

Former Berkeley city council member Rigel Robinson wanted more housing, but anti-development NIMBYs…

Ayelet Sheffey,Eliza Relman   


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2 mins read

Home builder confidence just dropped for the first time in 2023 as spike in mortgage rates further dents affordability

The share of home builders cutting prices climbed to 25% in August, while mortgage rates jumped to …

Phil Rosen   


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3 mins read

Biden's top economist says the key to ending the housing crisis is giving cities and developers monetary incentives to build more affordable homes

Jared Bernsteian, head of the Council of Economic Advisors, said the administration is "very focuse…

Eliza Relman   


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1 min read

If you want to find affordable housing, you might want to try Minneapolis, where the inflation rate is surprisingly low

In addition to having a lower pace of increasing prices, the city has more affordable ratios of inc…

Sebastian Cahill   


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1 min read

Fed Chair Jerome Powell says the housing market is bottoming and 'maybe moving up a little bit'

"We now see housing putting in a bottom and maybe moving up a little bit," Fed Chair Jerome Powell …

Filip De Mott   


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12 mins read

Meet the typical Hong Kong millennial: They're supporting their parents, can't afford to buy homes, and have zero interest in moving to mainland China

Millennials are the last generation born before the July 1, 1997, handover of Hong Kong from the Un…

Faye Bradley   


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4 mins read

DeSantis-picked board seeks new taxes and affordable housing at Disney after the company's 'blatant and hostile' grab for control

"Disney engaged in a caper worthy of Scrooge McDuck to try to evade Florida law," a lawyer represen…

Kimberly Leonard   


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2 mins read

Welcome to the typical NYC apartment: It costs $4,000 a month and is too expensive for the average New Yorker

Experts suggest spending less than 30% of your income on housing. For many New Yorkers, that's not …

Alcynna Lloyd   


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4 mins read

How Democrats could accidentally hit Americans with big health insurance bills right before the midterms

Democrats cut the cost of Obamacare insurance in the Biden stimulus law. They want to make it perma…

Joseph Zeballos-Roig   


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2 mins read

US mortgage rates surge to the highest levels since 2009

Home inflation "is expected to decelerate," but higher mortgage rates will dent near-term affordabi…

Ben Winck