Retirement housing costs and the effects of inequality. Research from JCHS spotlights the financial challenges seniors face finding affordable housing. America’s aging population is facing considerable financial challenges when it comes to housing inequality. Research from the Harvard Joint Center for Housing Studies (JCHS) underscores the severity of these challenges. The number of older adults [...]
How much can I afford to spend on a house? There are four factors home buyers should evaluate when setting a budget to buy a house and avoid this situation. How Much Can I Afford to Spend on a House? Taking a realistic look at finances and setting a firm budget is a crucial step [...]
Where will your kids live after college graduation? Graduates are likely to move in with their parents or into a co-living space due to high housing costs. This spring, families all over the country are attending graduation ceremonies to celebrate the achievements of their college graduates. Graduates pushed through challenging coursework as they strived to [...]
While we all have seen shows on dream homes, we may not be able to afford those homes and may not want to actually live in those dream homes. You need to know how much you can afford when buying a house. When you know the amount, you still need to feel comfortable spending that amount on a monthly basis. A big mistake home buyers make is thinking they can afford a home and then realizing that they are spending too much of their money trying to keep their home. It's a common home buying mistake to buy more than you can comfortably afford. Make sure you are comfortable with your monthly home budget.
