Delinquencies Improve; Residents OK Low-Income Housing

Posted in Resume Builders
Delinquencies Improve; Residents OK Low-Income Housing

A roundup of news and information from around the web about real estate, personal finance, and the economy. Related: Real Estate News Roundup: September Breaks Records for Home Sales, Price, SpeedMost Suburban Residents Wouldn’t Mind a Low-Income Housing Development in Their NeighborhoodThirty-eight percent of homebuyers and sellers don’t want to see low-income housing in their neighborhood, according to a new report from Redfin. More people oppose low-income housing—which the survey question defines as “affordable housing in the form of mid-grade townhomes, apartments or similar”—in their neighborhood than any other type of building. In addition to reinstating the rule, Biden’s $640 billion housing plan would combat discriminatory housing practices and support building more low-income housing and single-family homes in urban, suburban and rural areas. Specifically:55% of respondents think it’s important or extremely important to live in a community that shares your political beliefs.

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