AdvertisementUS home prices and rents have soared in part because of a shortage of housing.
These are the cost of land, a shortage of construction workers, regulations, and NIMBYism.
The US is suffering from a deep shortage of homes, and it's driving sky-high home prices and rents.
Advertisement"We just hear more and more that it's harder to find affordable pieces of land to develop for housing," Tobin said.
Fewer construction workers means less — and slower — residential construction and higher wages for workers, which in turn leads to higher home prices.
Persons:
Jim Tobin, Tobin, —, ANDREW CABALLERO, REYNOLDS, NIMBY, Donald TrumpOrganizations:National Association of Home Builders, TrumpLocations:Los Angeles, Seattle, Chicago, Brambleton , Virginia
Newsreaders made news of their own this week, conspiracy theorist Alex Jones lost his infamous Infowars empire, and a wrong answer on “Wheel of Fortune” ended up being a treat for viewers.
Test your knowledge of the week in news, and take last week’s quiz here.
Persons:
Newsreaders, Alex Jones, ”
AdvertisementDon Saladino, a personal trainer to celebrities, said he's in the best shape of his life at 47.
His training regime includes strength and interval training, and hockey.
If he can fit a fifth lifting day into his week, Saladino does accessory movements such as arm exercises and ab interval work.
AdvertisementPlaying hockey for funDon Saladino (second from left) plays hockey twice a week.
Lars Niki/Getty ImagesSaladino plays hockey twice a week, often at 6:30 a.m., he said.
Persons:
Don Saladino, he's, Saladino, Ryan Reynolds, Blake Lively, Sebastian Stan, Anne Hathaway, Lars NikiOrganizations:Navy, ResearchLocations:New York
America was reshaped by the 2024 election, the Pope made an online blunder, and police try to track down animals on the loose.
Test your knowledge of the week in news, and take last week’s quiz here.
Persons:
Pope
Actor Ryan Reynolds has nothing but loving words for his friend Taylor Swift after spending the weekend in New Orleans to see the singer's "The Eras Tour" concert.
It’s a special place on a normal day — but this weekend, felt like Super Bowl or Mardi Gras had a baby with music," Reynolds wrote.
Reynolds remarked that he doesn't understand the level of work, care and discipline Swift generates to create such an experience.
"The main reason I’ll never forget this show is because it brings people together in so many ways," Reynolds wrote.
She wrote on Wednesday that she was "still smiling" about the New Orleans shows.
Persons:
Ryan Reynolds, Taylor Swift, Reynolds, Blake Lively, It’s, Gras, Kam Saunders, Swift, I’ll, Swift's, She'sOrganizations:NewLocations:New Orleans, Canada, Glendale , Arizona, Australia, Japan, Singapore, Europe