W. J. Mencarow

White House Unveils New Measures to Stave Off Foreclosures

Published by FOX Business | July 23, 2021 Pandemic relief programs for homeowners are set to expire in coming weeks, months The Biden administration has unveiled plans to expand aid for homeowners with government-backed mortgages, an effort to stave off a wave of foreclosures for Americans who fell behind on payments during the coronavirus pandemic. …

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California paying past-due rent for lower-income residents who fell behind during COVID-19 pandemic

Published by FOX Business | July 14, 2021 Gov. Gavin Newsom said more than $1 billion has already been requested Lower-income Californians who fell behind on their rent payments during the COVID-19 pandemic may now receive 100% of their past-due rent in full and even a few months’ worth of upcoming rent, under a new $5.2 billion program launched …

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Mortgage Costs Grow 20 Times Faster Than Incomes

Published by REALTOR® Magazine | July 13, 2021 Housing affordability continues to decline as the hot real estate market fuels skyrocketing prices. Incomes aren’t keeping pace with the higher prices. The median family income rose by 1.2% in May while the monthly mortgage payment jumped by 20%, according to the National Association of REALTORS®’ Housing …

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National Apartment Association Suing for Industry Compensation

The following is a letter from Robert Pinnegar, CAE, President and CEO of National Apartment Association | July 15, 2021 The National Apartment Association (NAA) will soon file a lawsuit against the federal government seeking compensation for business losses suffered under the unlawful U.S. Centers for Disease Control and Prevention’s (CDC) eviction moratorium. The CDC’s protracted moratorium is financially damaging rental housing providers and violating rights guaranteed …

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Democrats to Federalize Local Zoning Laws, Displace Single-Family Homes

Published by Breitbart | June 29, 2021 Democrats plan to federalize local zoning laws within the infrastructure reconciliation package to displace single-family homes with high-rise, low-income apartments The reconciliation package plans to implement the destruction of the suburbs via a measure within the package called the “HOMES Act,” which attempts put the federal government in charge of …

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Depriving Americans of Home Ownership Could Be a Good Thing, Economist Says

Published by Breitbart | June 20, 2021 Rental nation? The American dream of home ownership should be replaced by corporate investors snapping up houses and turning them into rentals, one economist is proposing. Karl W. Smith, an adjunct scholar with the Tax Foundation and Bloomberg columnist, believes that scenario could be positive, even if he doesn’t address …

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