Tag: housing

Realtors Face an Antitrust Reckoning
Business

Realtors Face an Antitrust Reckoning

As powerful lobbies go, few have more clout than the Realtors. But the cartel faces a major legal challenge on Monday when a federal jury trial begins in a class action against its rules that raise the cost of buying and selling homes (Burnett v. National Association of Realtors).Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
How Many Mortgages Can You Have? | Mortgages and Advice
Money

How Many Mortgages Can You Have? | Mortgages and Advice

Multiple mortgages enable you to broaden your real estate investments, but limitations apply. You can have up to 10 conventionally financed properties at a time, including second homes and investment properties. While having several mortgages is possible, you’ll face more requirements as you finance multiple properties at once. Read to understand how many mortgages you can have and what you need to know about getting approved for more than one mortgage.The Maximum Number of Mortgages You Can HaveFor example, you could have a first mortgage and take out a home equity loan as a second mortgage on your primary residence. Or you could take out a mortgage for your primary residence, sell it or pay off your mortgage, and get another mortgage for a new primary residence.For second homes or inves...
What Does California’s Homeless Population Actually Look Like?
Entertainment

What Does California’s Homeless Population Actually Look Like?

This past week, Vanity Fair published a story on California politics in which Nancy Pelosi weighed in on the state’s homelessness crisis. Though the state has poured a number of resources into housing the homeless population, especially during the pandemic, there are “a lot of people who don’t want to come off the street,” Pelosi said. “It’s drugs and mental health. If we don’t get the mentally ill off the street, we’re never going to solve the homeless problem.” Pelosi, to her credit, has pushed for more affordable housing in the state, but her statement reflects a frustrating feature of homelessness discourse: an emphasis on drug abuse and mental illness, rather than a lack of housing, as the source of the problem. Many people talk about California’s homeless community as a monolith, ye...