By TOBIAS PETER As rising home prices continue to undermine the American Dream of homeownership for hard-working Americans, Congress is considering a bipartisan bill modeled after the successful VA home loan program, to help first responders and teachers buy a home. However, as long as there is a housing shortage, first-time homebuyer assistance programs, such…
By KIMBERLEY HAAS It is being estimated that the average teacher can afford 12% of homes for sale within commuting distance of their school and just 27% of available rentals in the same area. These numbers come from a Redfin analysis which looked at 2022 median teacher salaries in the 50 most populous U.S. metro…
Lack of affordable housing is forcing in-person workers like teachers and nurses into smaller, older homes, according to a Zillow report. While remote work has allowed some people to buy upscale homes in more affordable markets, workers in occupations that require in-person work are left to deal with rising rent and home prices. Those left…
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