Similar Stories to Is Oklahoma City Housing In One Extreme Or The Other, Or Neither? on Bing News

By Richard Mize Real Estate Editor rmize@oklahoman.comIs housing "broken" or "exciting"? Both extreme views hit my email box this week. First, the bad news, from Ralph Bivens' RealtyNewsReport.com in Houston: The nation's housing market is "broken" because buying a new home is out of reach for too many middle-class Americans, said John McManus, vice president and editorial director of Washington, D.C., construction data firm Hanley Wood's residential group. "Housing is broken because businesses — when they add up what they have to pay for land, fees, people, materials, and capital — are finding their margins bend toward non-viability," McManus said at Hanley Woods' recent Hive Conference in Austin. "Housing is broken because the only housing builders, developers, architects, distributors, and investors can build right now profitably is unaffordable to people who earn average salaries, take home median wages, live normal lives," he said. "Housing is broken because the only way that housing becomes affordable is to wait 25, 30, 40 years, when the new housing today is old, used, in need of repair.Read more on NewsOK.com

BING NEWS:
  • City council looks at incentive for affordable housing
    “A waiver of building permit fees to try and bolster some of these applications to increase their points to try and drive more of the affordable housing projects to Wichita and to Sedgwick County.” ...
    05/3/2024 - 1:16 pm | View Link
  • Kansas City needs more housing. Tighter energy building rules make it more expensive | Opinion
    But Kansas City’s experience with the new energy codes suggests the consequences might be dire.. Increasing housing regulations increases housing costs — no one disagrees with this. The Department of ...
    05/2/2024 - 7:08 pm | View Link
  • New Housing Policy Could Trigger Development Boom In New York City
    After years of waiting, New York City finally has a housing policy with the potential to unleash a surge of new development including office to residential conversions.
    05/2/2024 - 9:05 am | View Link
  • OKLAHOMA WATCH: Zoned Out: How Oklahoma zoning laws contribute to the housing crisis
    The American dream of owning a home with a fenced-in backyard for 2.5 children and a dog to play in is out of reach for many of Oklahoma’s lowest-income families.
    05/2/2024 - 5:00 am | View Link
  • OKLAHOMA WATCH: How Oklahoma zoning laws contribute to housing crisis
    The American dream of owning a home with a fenced-in backyard for 2.5 children and a dog to play in is out of reach for many of Oklahoma’s lowest-income families.
    05/2/2024 - 4:01 am | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Living News