News these days is awash in information and stories about how the housing market (rental and homeownership) is not working for many people. Today, three stories caught my eye:
Homeless – and going to college (Star-Tribune)
Many homeless students have trouble staying in school, several experts say. “They are not well rested, and they are stressed out,” said Mary Ann Prado, who works with homeless college students as director of resources and referrals at MCTC. It’s typical for them not to have a place to take a shower and not to have enough clothes, she said. Many don’t have a quiet place to study, and many are hungry.
Census Bureau data released in September showed that the number of multifamily households jumped 11.7 percent from 2008 to 2010, reaching 15.5 million, or 13.2 percent of all households. It is the highest proportion since at least 1968, accounting for 54 million people.
It had been a given that housing prices had bottomed out or were close to it, but this is the fifth straight month of falling prices