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Canada's First Nations are constructing dense new housing in the country's most expensive city. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementCanada's First Nations are breaking new ground with several major housing developments in the city of Vancouver. One project minutes away from downtown Vancouver, being built by the Squamish Nation, will include 11 towers and 6,000 housing units. Take a look at these projects and the future of housing in Vancouver.
Persons: , Brennan Cook, Cook Organizations: Service, Business, Nation, Nations, MST, Corporation Locations: Canada, Vancouver, , Squamish, Waututh
She was the first of the prospective jurors who were challenged by Trump's defense team on Tuesday over their "anti-Trump" social media. AdvertisementThe prospective juror, identified only as "B-133," had clearly "attended an "anti-Trump rally," defense lawyer Susan Necheles protested. When it was released in 2016, the clip was shared on the Facebook account of the husband of prospective juror B-330. "I would have to say that politically, yes, I do," the prospective juror answered. "Boys request to return to cave"The final prospective juror questioned on their social media posts was a retired grandmother from Manhattan's Lower East Side.
Persons: , Trump, Mark Ruffalo, Donald Trump's, Juan Merchan deadpanned, Todd Blanche, who'd, Joe Biden's, Susan Necheles, Joshua Steinglass, stammered, Blanche, he'd, DJT, Donald Trump, Robert Downey Jr, Neil Patrick Harris, Donald Trump …, sheepishly, Barack Obama, Trump's, Steinglass, Biden, Harris, Blanche complainingly, Blanche huffed Organizations: Service, Trump, Business, Yorkers, Facebook, Economic Development Corporation, Biden, Thai, White, Republicans Locations: New York City, Midtown, Manhattan's, Thailand, Trump
A millennial woman won the New York City affordable housing lottery after applying for two years. Nkenge Brown, 30, now pays around $1,000 in monthly rent for her one-bedroom Manhattan apartment. AdvertisementNkenge Brown first heard about the New York City housing lottery system four years ago while she was at work. "Someone told me that they won a lottery apartment, and I was like, 'What's that?'" In 2018, the odds of winning the housing lottery were 1 in 592, per the Times.
Persons: Nkenge Brown, she's, , Brown, " Brown, Nkenge Brown Nkenge Brown, that's, Nkenge, it'll, cafés, Nkenge Brown Brown, she'd, I've, There's Organizations: New, Service, New York City Department of Housing Preservation, Housing Development Corporation, New York Times, Times Locations: New York City, Manhattan, Upper Manhattan, Chelsea, Paris
AdvertisementMindy Wight, CEO of the Squamish development group building Sen̓áḵw, called it "the creation of a modern Squamish village" in an interview with Business Insider. Canada's federal auditor general recently condemned a "distressing and persistent pattern of failure" by federal programs designed to support First Nations housing and infrastructure, among other services. The housing projects aren't the only major developments underway on indigenous land in Canada. There are no housing or infrastructure developments on US tribal land that match the scale of the First Nations projects in Canada. While some Native American tribes have spearheaded significant housing projects, most indigenous-owned land in the US isn't in the most valuable housing markets.
Persons: , it's, Mindy Wight, Sen̓áḵw, Brennan Cook, Cook, Heather, reaps, Elisa Campbell, Jericho, Campbell, Heather Lands, Sen̓áḵw, Gordon Price, Price, Tyler Harper, aren't, Michelle Cyca, Alex Armlovich, Armlovich, Noah Smith Organizations: Service, Nations, First Nations, Business, Nation, MST, Corporation, MST Development Corporation, Vancouver City, Canada Lands Company, Energy, Technologies, British Columbia, CBC Vancouver, Bates, Niskanen Locations: Canada, Vancouver, Squamish, Squamish Nation, Wight, Jericho, British, American, MacLean's, Canadian
"This is a very good time ... where people around the world are really looking into Malaysian filmmakers. "Mentega Terbang" follows a teenage Muslim girl exploring different religions while dealing with grief. Online platforms are not covered by film censorship rules in Malaysia. Khairi and others involved in "Mentega Terbang" even received death threats at the time, media reports show. CENSORSHIPUnder Malaysian law, films intended for public viewing must be approved by the Film Censorship Board.
Persons: Oscar, Michelle Yeoh, Khairi Anwar, Malaysia's, Khairi, Badrul Hisham Ismail, Pagi Ke, Anwar Ibrahim's, Anwar, Zabidi Mohamed, Amir Muhammad, Brenda Danker, Danial Azhar, Rozanna Latiff, Himani Sarkar Organizations: Azhar KUALA LUMPUR, Reuters, Cannes, Cannes Film, Malay, Academy, Malaysian, Film, YouTube Locations: Azhar KUALA, Malaysia, Malaysian, Viu, Terengganu, Malay
And a growing number of people who are eligible for government housing assistance aren't getting it. But unlike other government benefits like Medicaid and food stamps, housing aid doesn't automatically go to those who need it. And across 31 pilot basic income programs , recipients spent an average of about 9.2% of their payments on housing and utilities. AdvertisementThe amount that the federal government spends on its housing assistance programs, mainly Housing Choice Vouchers and public housing, is determined by Congress each year. "Housing support across America is very fractured and variable," said Sean Kline, director of Stanford's Basic Income Lab.
Persons: , doesn't, Matt Desmond, Chris Herbert, Ulbrich, Matt Turner, hasn't, Sean Kline, Matthew Fowle, Fowle, Kline, Herbert Organizations: Service, Homelessness, Business, Urban Institute, Assistance, Columbia University's, Poverty, Princeton, Harvard Joint Center for Housing Studies, Economic, Congress, Harvard, The New York Times, Department of Housing, Urban Development, Philadelphia Housing Development Corporation, University of Pennsylvania, UPenn's Housing Locations: Washington ,, San Francisco, Davos, America, Philadelphia
INDIANAPOLIS (AP) — In a state as solidly Republican as Indiana, the May primary is the real competition. Indiana’s primary is May 7. “In Indiana, we are not used to seeing competitive primaries,” said Gregory Shufeldt, a professor of political science at the University of Indianapolis. However, Hill ended the year millions of dollars behind the competition, reporting about $123,000 in cash on hand. Both have led the Indiana Economic Development Corporation, a quasi-governmental agency, and have focused their campaigning on Indiana’s economic future.
Persons: Eric Holcomb, , Gregory Shufeldt, Shufeldt, Sen, Mike Braun's, Jim Banks, Donald Trump, Braun, Gov, Suzanne Crouch, Holcomb, Crouch, “ It’s, Curtis Hill, Hill, Mitchell Daniels, Mike Pence, Brad Chambers, Eric Doden, Doden’s, Chambers, Doden, Laura Wilson, Jennifer McCormick, McCormick, Donald Rainwater, Jamie Reitenour, Wilson, ” Wilson Organizations: INDIANAPOLIS, Republican, GOP, University of Indianapolis, U.S, Trump, Indiana Supreme, Gov, Indiana Economic Development Corporation, Democratic, Locations: Indiana, “ In Indiana, University of Indianapolis . Indiana
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewWhen members of Congress leave their jobs, many of them become even wealthier than they were before. The former congressman was also paid a $35,000 salary by Hercules Pharmaceuticals, a drug distributor based in the district. As a member of Congress, Suozzi faced scrutiny from congressional investigators for failing to disclose stock transactions on time. AdvertisementAdditionally, Pilip reported owing between $100,000 and $250,000 to the IRS, which her amended disclosure says has now been fully paid off.
Persons: , Daniel Schuman, Tom Suozzi, George Santos, Mazi, Suozzi, Tom, Richard Leeds, Jay Jacobs, Pilip, Santos, Kathy Hochul, Schuman Organizations: Service, Business, Capitol, POPVOX Foundation, Long Island Democrat, New York's, Republican, Capitol Hill, Suozzi Consulting, Global Industrial, Hercules Pharmaceuticals, New York Democratic, The New York Times, Times, Intelligence Technology Solutions, Gov, BI Locations: New York, Bitcoin Pilip, Nassau County, Bitcoin
REUTERS/Rahul Grover Acquire Licensing RightsNEW DELHI, Nov 24 (Reuters) - A tunnel which collapsed, trapping 41 workers in the Indian Himalayas this month, did not have an emergency exit and was built through a geological fault, a member of a panel of experts investigating the disaster said on Friday. Rescuers are still struggling to reach the construction workers 12 days after the 4.5-km (3-mile) tunnel caved in. Preliminary findings indicated the collapse may have been caused by a geological fault, known as a "shear zone", a member of the panel told Reuters, speaking on condition of anonymity as he is not authorised to talk to the media. "Once the rescue operations are over, we will conduct detailed investigations to find out loopholes in the construction," the panel member said. The tunnel was being built by the state-run National Highways and Infrastructure Development Corporation which is under India's Ministry of Road Transport and Highways.
Persons: Rahul Grover, Vishal Chauhan, Narendra Modi's, Hemant Dhyani, Manoj Kumar, YP Rajesh, Andrew Heavens Organizations: Media, REUTERS, Highways, Infrastructure Development Corporation, India's Ministry of Road Transport, National Highways Authority of India, Supreme, Reuters, YP, Thomson Locations: Uttarkashi, Uttarakhand, India, DELHI
CNN —The first images of dozens of men trapped inside a collapsed Himalayan tunnel have emerged, as a complex and frustrating operation to free them enters its tenth day. Show us each person’s face.”The 41 trapped laborers have been receiving food, water and oxygen through the pipe after the entrance to the tunnel they were helping to build gave way on November 12. “Confidence of keeping the lives of the trapped workers safe has increased manifold,” said a statement released by state officials on Monday. Video shows a monitor showing the feed of a camera being sent down through a pipe installed into the tunnel. Authorities say they are exploring all options to reach the men, including reaching out for international help to teams involved in other complex rescues.
Persons: Organizations: CNN, Authorities, India’s, Management Authority, Rescuers, Reuters, National Highways, Infrastructure Development Corporation Locations: Uttarakhand Government, New Delhi
The disaster management office revised the number of people trapped since Sunday morning in the tunnel in Uttarakhand state to 41, up from 40. A rescue mission is currently underway at the Silkyara tunnel in Uttarakhand to free 41 workers who are stuck inside following a landslide. Authorities have not said what caused the 4.5-km (3-mile) tunnel to cave in, but the region is prone to landslides, earthquakes and floods. Work was suspended on Friday after a "large-scale cracking sound" was heard as rescue workers sought to restart the drilling machine, according to a report from NHIDC. Close to 100 tunnel workers gathered at the site on Saturday, demanding faster progress in reaching and freeing those trapped.
Persons: Shankar Prasad Nautiyal, Anshu Malik Halko, Halko, Vishnu Sahu, Sahu, Saurabh Sharma, Ira Dugal, William Mallard, Tom Hogue Organizations: REUTERS, Highways, Infrastructure Development Corporation, Reuters, Authorities, Thomson Locations: Uttarkashi, Uttarakhand, India, Madhya Pradesh
CNN —Rescue efforts in India have stretched into a seventh day as emergency response teams race to retrieve 40 construction workers trapped underground since Sunday. The workers became stranded when a highway tunnel they were building partially collapsed in the northern state of Uttarakhand. Rescue teams had been drilling non-stop to reach the stranded workers since acquiring a high-powered drilling machine on Thursday, but given the fragile mountain terrain, there were concerns of more debris falling and further complicating the rescue efforts. Rescuers had drilled around one-third of the way to the trapped workers on November 17. Reuters reported Saturday that the initial drilling machine broke on Friday and needed to be replaced.
Persons: , Manish Khalkho, Khalkho, Pushkar Singh Dhami, Narendra Modi Organizations: CNN, Rescue, National Highways, Infrastructure Development Corporation, AFP, Reuters Locations: India, Uttarakhand, Indore, Madhya Pradesh
Rescue teams inside the Uttarakhand tunnel on November 14, 2023. Uttarakhand State Disaster Response Force/Handout/ReutersAuthorities said they were exploring all options to reach the men, including contacting teams experienced in delicate rescue missions. “The rescue team has contacted the Thailand company which had rescued the children trapped in the cave,” it added. Twelve boys and their soccer coach were rescued after nearly three weeks trapped inside the flooded Tham Luang cave by a specialist cave diving team in 2018. Indian authorities have also reached out to the Norwegian Geotechnical Institute (NGI) to get advice, the statement said.
Persons: , Kirti Panwar, NGI, , , Manish Khalkho, ” Khalkho, B.S, Pokriyal, Narendra Modi’s Char Organizations: New, New Delhi CNN, Thai, soccer, Disaster, Reuters Authorities, Uttarkashi, CNN, Institute, Indian Railways, Authorities, India’s, Management Authority, Rescuers, National Highways, Infrastructure Development Corporation Locations: New Delhi, Uttarakhand, Norway, Thailand, Thai, Narendra Modi’s Char Dham, China, India, Mizoram, Bihar
It also makes 2023 a record year for Israel Bonds. Two counties in Florida, Broward and Palm Beach, also bought Israel Bonds in the last four weeks, as did Ohio's Franklin County. A spokesperson for the bank called the sales part of "a more than 35 year relationship with Israel Bonds." Celal Gunes | Anadolu Agency | Getty ImagesExecutives at Israel Bonds said about $250 million of the total raised in the last month came from individual investors, large and small, throughout the United States, who purchased the bonds directly. Naveh, the CEO of Israel Bonds, lives in the town of Savyon, just east of Tel Aviv.
Persons: Jack Guez, Israel Bonds, Celal, Dani Naveh, Nir Elias, Thomas DiNapoli, Ilan Rosenberg Organizations: Development Corporation, Israel, Palestinian, Afp, Getty, Finance, Bonds, Israel Bond, Bank, Cleveland, Key Bank, of American University, Washington , D.C, Anadolu Agency, CNBC, Gaza, Reuters, Hamas, Gaza Ministry, Health, New York State, New York Locations: United States, Palestinian, Tel Aviv, Israel, Florida , New York , Alabama, Arizona , Ohio , Illinois , Texas, Georgia , Oklahoma , Nevada , Louisiana, South Carolina , Indiana, Pennsylvania, Florida , Broward, Palm, Franklin County, New Jersey, Gaza, Washington ,, Petah Tikva, Savyon, Kibbutz Be'eri
(AP) — Ontario-based Canadian Solar Inc. will build an $800 million solar panel factory in southeastern Indiana that will employ about 1,200 workers once production is fully ramped up, the company said Monday. Canadian Solar said it will build the new photovoltaic cell factory at the River Ridge Commerce Center in Jeffersonville, an Ohio River city located just north of Louisville, Kentucky. The finished solar cells will be shipped to Canadian Solar's module assembly facility in Mesquite, Texas. “Establishing this factory is a key milestone that will enable us to better serve our U.S. customers with the most advanced technology in the industry,” said Dr. Shawn Qu, founder and CEO of Canadian Solar. Political Cartoons View All 1223 ImagesCanadian Solar said it plans to begin hiring for new positions in mid-2024 and will ramp up hiring in early 2025 to fully staff the Jeffersonville plant.
Persons: , Shawn Qu, Eric Holcomb Organizations: , Solar Inc, Commerce, Canadian, Gov, Hoosier, Indiana Economic Development Corporation Locations: JEFFERSONVILLE, Ind, — Ontario, Indiana, Jeffersonville, Ohio, Louisville , Kentucky, Guelph , Ontario, Canadian, Mesquite , Texas
Lee Jae-myung, leader of South Korea's Democratic Party, speaks at campaign rally PHOTO:while campaigning for the presidential election in Seoul, South Korea March 8, 2022. The Seoul Central District Court ruled against prosecutors who sought Democratic Party leader Lee Jae-myung's arrest, saying there were insufficient grounds to support their argument that he may try to destroy evidence. Lee welcomed the decision and thanked the court as he walked out of a holding centre soon after the ruling, which came well after midnight. Lee had narrowly lost to conservative Yoon, a career prosecutor, in the presidential election last year. Some members of Lee's party joined the conservative ruling party in voting last week to lift Lee's immunity from arrest as a member of parliament, drawing criticism within the party.
Persons: Lee Jae, myung, Kim Hong, Lee, Han Dong, hoon, Yoon Suk, Yoon, Hyunsu Yim, hyang Choi, Jack Kim, Gerry Doyle Organizations: South Korea's Democratic Party, REUTERS, Rights, Seoul Central, Court, Democratic Party, Thomson Locations: Seoul, South Korea, Rights SEOUL, Japan, North Korea, Gyeonggi Province, Seongnam
Higgins' new book, "Burn the Boats," urges people to forego the backup plan to fulfill their goals. AdvertisementAdvertisementSide hustlers and would-be entrepreneurs will often have a backup plan to their dreams, just in case things don't work out. But that safety net might be preventing them from achieving their full potential, according to a book by Matt Higgins, an investor and guest shark on "Shark Tank." Higgins' book, titled "Burn the Boats," urges entrepreneurs to find the right moment, and then go all-in on their goals. Mainly though, you have to learn to let go when things don't go your way.
Persons: Matt Higgins, Higgins, , Rudolph Giuliani's, Stephen Ross, you'll, Ray Dalio, Bill Gates Organizations: RSE Ventures, Service, Magnolia Bakery, New York City, Lower Manhattan Development Corporation, New York Jets, Miami Dolphins, RSE Locations: Queens , New York, New York
South Korea opposition leader ends 24-day hunger strike
  + stars: | 2023-09-23 | by ( ) www.reuters.com   time to read: +2 min
Lee Jae-myung, leader of South Korea's Democratic Party, speaks at campaign rally while campaigning for the presidential election in Seoul, South Korea March 8, 2022. REUTERS/Kim Hong-Ji/File Photo Acquire Licensing RightsSEOUL, Sept 23 (Reuters) - South Korea's opposition leader ended a 24-day hunger strike on Saturday, a party spokesperson said, two days after parliament voted to let prosecutors serve an arrest warrant against him for alleged bribery. Lee Jae-myung, leader of the Democratic Party of Korea, will maintain a schedule including court attendance while hospitalised for the time being, the spokesman told reporters. Lee, who lost South Korea's presidential election to conservative Yoon Suk Yeol last year, has denied wrongdoing, calling the allegations "fiction" and a "political conspiracy". South Korea is to hold parliamentary elections in April.
Persons: Lee Jae, myung, Kim Hong, Lee, . Lee, Yoon Suk Yeol, Joyce Lee, William Mallard Organizations: South Korea's Democratic Party, REUTERS, Rights, Democratic Party of Korea, Prosecutors, South, Police, Gyeonggi Nambu Provincial Police, Thomson Locations: Seoul, South Korea, Rights SEOUL, North Korea, Gyeonggi Province, Seongnam, ., Lee's
Lee Jae-myung, leader of South Korea's Democratic Party, speaks at campaign rally while campaigning for the presidential election in Seoul, South Korea March 8, 2022. The vote means Democratic Party leader Lee Jae-myung will face court to contest his arrest over the charges. Members of parliament have immunity against arrest when the assembly is in session unless its members vote to rescind it with a simple majority. Lee's Democratic Party holds 167 seats in the 297-member parliament. President Yoon is currently in New York to attend the United Nations General Assembly.
Persons: Lee Jae, myung, Kim Hong, Han, Han Duck, Yoon Suk Yeol, Democratic Party's Lee, Lee, Yoon, Hyunsu Yim, Jason Neely Organizations: South Korea's Democratic Party, REUTERS, Democratic Party, Democratic, United Nations General Assembly, Thomson Locations: Seoul, South Korea, SEOUL, North Korea, Gyeonggi Province, Seongnam, New York, Korea's
Lee Jae-myung, leader of South Korea's Democratic Party, speaks at campaign rally while campaigning for the presidential election in Seoul, South Korea March 8, 2022. REUTERS/Kim Hong-Ji/File Photo Acquire Licensing RightsSEOUL, Sept 18 (Reuters) - South Korea's main opposition leader was hospitalised on Monday, days into a hunger strike in protest against government policies, while prosecutors sought an arrest warrant for him over corruption allegations. Hours after Lee was transferred to a hospital, prosecutors said they had requested an arrest warrant for him as part of an investigation into a development project and bribery allegations. Prosecutors also accused Lee of bribery in connection with a company suspected of $8 million in illegal money transfers to North Korea. Parliament rejected their previous request for an arrest warrant in February.
Persons: Lee Jae, myung, Kim Hong, Kim Gi, Lee, Prosecutors, Yoon Suk, 1,327.4000, Soo, hyang Choi, Hyonhee Shin, Gerry Doyle Organizations: South Korea's Democratic Party, REUTERS, Rights, Democratic Party of Korea, National Assembly, Power Party, Seongnam Development Corporation, Thomson Locations: Seoul, South Korea, Rights SEOUL, Seongnam, North Korea
By Soo-hyang ChoiSEOUL (Reuters) - South Korea's main opposition leader was hospitalised on Monday, days into a hunger strike in protest against government policies, while prosecutors sought an arrest warrant for him over corruption allegations. Hours after Lee was transferred to a hospital, prosecutors said they had requested an arrest warrant for him as part of an investigation into a development project and bribery allegations. Prosecutors also accused Lee of bribery in connection with a company suspected of $8 million in illegal money transfers to North Korea. A Seoul court needs the 300-member parliament, where the Democrats hold a majority, to waive Lee's immunity from arrest to review the prosecution's request. Parliament rejected their previous request for an arrest warrant in February.
Persons: hyang Choi SEOUL, Lee Jae, myung, Kim Gi, Lee, Prosecutors, Yoon Suk, 1,327.4000, Soo, hyang Choi, Hyonhee Shin, Gerry Doyle Organizations: Democratic Party of Korea, National Assembly, Power Party, Seongnam Development Corporation Locations: Seoul, Seongnam, North Korea
BRICS expansion hopefuls seek to rebalance world order
  + stars: | 2023-08-21 | by ( Joe Bavier | ) www.reuters.com   time to read: +6 min
[1/6] People walk past the Sandton Convention Centre, which will host the upcoming BRICS Summit, in Johannesburg, South Africa August 19, 2023. The wealthy West's domination of international bodies, such as the United Nations, the International Monetary Fund or the World Bank. DEVELOPING WORLD DISCONTENTWhile BRICS has not divulged a full list of expansion candidates, a number of governments have publicly stated their interest. Others want changes at the World Trade Organization, International Monetary Fund and World Bank. Its BRICS trade has indeed increased steadily since it joined, according to an analysis by the country's Industrial Development Corporation.
Persons: James Oatway, Rob Davies, South, bode, Vladimir Putin, Steven Gruzd, BRICS, Ramón Lobo, Gruzd, Lucinda Elliott, Deisy, Yousef Saba, Gustavo Palencia, Lamine Chikhi, Ahmed Eljechtimi, Tomasz Janowski Organizations: Sandton, REUTERS, United Nations, International Monetary Fund, World Bank, BRICS, Observers, South African Institute of International Affairs, U.S ., Reuters, United, Emirates, World Trade Organization, Argentine, New Development Bank, Russia, Industrial Development Corporation, South, Thomson Locations: Johannesburg, South Africa, JOHANNESBURG, Iran, Argentina, Brazil, Russia, India, China, Ukraine, Venezuela, Gulf, Saudi Arabia, Ethiopia, Nigeria, United Nations, United States, Montevideo, Caracas, Dubai, Tegucigalpa, Lamine, Algiers, Rabat
Ethiopian Airlines to manufacture parts in venture with Boeing
  + stars: | 2023-08-18 | by ( ) www.reuters.com   time to read: +1 min
An Ethiopia’s Airlines Boeing 737 Max 8 plane to take off on a demonstration trip to resume flights from the Bole International Airport in Addis Ababa, Ethiopia February 1, 2022. REUTERS/Tiksa Negeri Acquire Licensing RightsNAIROBI, Aug 18 (Reuters) - Ethiopian Airlines will start manufacturing aircraft parts in a venture with Boeing (BA.N) at an initial cost of $15 million, the government's investment agency said on Friday. The state-owned carrier, which is the biggest in Africa, has already signed the deal that also involves the local state Industrial Parks Development Corporation, the Ethiopian Investment Commission said on X, formerly known as Twitter. The venture will make "aerospace parts, including aircraft thermo-acoustic insulation blankets, electrical wire harnesses, and other parts," the commission said. It was not immediately clear if Ethiopian Airlines has also suffered from similar lack of parts.
Persons: George Obulutsa, Duncan Miriri, Angus MacSwan Organizations: Ethiopia’s Airlines Boeing, Max, REUTERS, Tiksa, Acquire, Rights, Ethiopian Airlines, Boeing, Industrial Parks Development Corporation, Ethiopian Investment Commission, Twitter, Kenya Airways, Thomson Locations: Bole, Addis Ababa, Ethiopia, Rights NAIROBI, Africa, Ukraine
Are you a first-time homebuyer who recently moved to Ohio? Some may be found in Ohio, according to data from the National Association of Realtors and Realtor.com. In Youngstown, buyers earning at least $75,000 can afford to purchase 72% of listings, while those in Akron and Toledo can afford to buy 61%. It begs the question: Is Ohio really that great of a place for first-time homebuyers? We want to hear from current Ohio residents who are first-time homebuyers or recently relocated to or within the state.
Persons: homebuyer, Toledo —, Ian Beniston, Beniston, it's, Eric Cooper, he's, Cooper, Sellers, Alcynna Lloyd Organizations: Service, National Association of Realtors, Realtor.com, Ohio —, Youngstown Neighborhood Development Corporation, Columbus —, Coldwell Banker, Bureau, alloyd Locations: Akron, Toledo, Youngstown, homebuying, Ohio, Wall, Silicon, There's, Ohio — Youngstown , Akron
The US housing shortage makes it especially hard for middle-income buyers to purchase homes. But there's some good news, at least in the data: There are still a few US metros where affordable homes remain available to middle-income buyers. According to the NAR and Realtor.com analysis, among the 100 largest US metros, three areas from Ohio: Youngstown, Akron, and Toledo have the most affordable homes available for middle-income buyers. Overall, the US housing market is short 6.5 million homes. In general, homes in the low- to mid-priced range should be more plentiful in "relatively more affordable areas," than in the expensive areas, the economists wrote in the report.
Persons: , Ian Beniston, Eric Cooper, Sellers, it's, Beniston Organizations: Service, National Association of Realtors, NAR, Youngstown Neighborhood Development Corporation, Coldwell Banker Locations: Three Ohio, Ohio, Youngstown , Akron, Toledo, Youngstown, Akron, El Paso , Texas, Boise , Idaho, Spokane , Washington
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