Category: Housing

Mental health and homelessness

Mental health and homelessness

On the California CARE act and whether mental health provisions are sufficient to make a dent in the homeless problem (hint: they’re not) https://www.sandiegouniontribune.com/columnists/story/2023-09-24/michael-smolens-will-democrats-face-a-backlash-over-care-court

Portugal’s bid to attract foreign money backfires as rental market goes ‘crazy’

Portugal’s bid to attract foreign money backfires as rental market goes ‘crazy’

This isn’t just happening in Portugal. The financialization of housing is an issue in many countries and cities. However, the benefits need to be considered and how anf whethet locals are sharing in on the benefits. https://www.theguardian.com/world/2023/jul/29/portugals-bid-to-attract-foreign-money-backfires-as-rental-market-goes-crazy?CMP=Share_AndroidApp_Other

The Trump administration may privatize Fannie Mae and Freddie Mac — and it could disrupt the nation’s housing-finance system – MarketWatch

The Trump administration may privatize Fannie Mae and Freddie Mac — and it could disrupt the nation’s housing-finance system – MarketWatch

A fully privatized mortgage market will fundamentally change mortgage credit. The US is the only mortgage market in the world with a fixed rate for 30 years. It only works because most mortgages have no credit risk. Once you remove the govt guarantee you then have both credit risk and interest rate risk.  Investors facing …

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