Amidst rising inflation and economic volatility, purchasing a home in the United States has become increasingly challenging. A report by Bankrate reveals that only 14 states offer affordable housing options for individuals earning below $75,000, a significant decline from 36 states in 2018. Soaring housing prices and rents are placing significant financial burdens on many Americans, making homeownership an elusive dream for many.
Calgary’s historic public hearing on blanket rezoning commenced on Monday, marking the start of the largest such hearing in the city’s history. With 741 people registered to speak, the hearing will delve into a pivotal housing strategy aimed at addressing the city’s growing housing crisis. The proposal seeks to allow for a wider range of housing types, including townhomes and rowhouses, in areas previously restricted to single-family homes. Despite concerns from opponents about property values, infrastructure, and neighborhood character, proponents argue that the rezoning is essential to increase housing supply and affordability.
A mum-of-two has said she has been left traumatized by her dealings with her local council. Shamicka Denis, 29, is forced to share a bed with her toddler and nine-year-old daughter in a single room that serves as their bedroom, living room, and playroom. She says the disruption and claustrophobia in her “self-contained unit” have become a part of daily life.
