August 31, 2023

New data show only 2 percent of young adults and 16 percent of single adults who received city services and experienced homelessness were housed in 2022. At the same time, DC successfully housed 80 percent of families and 45 percent of veterans. “You’re only given resources to deal with specific categories of people, and when you have people who do not fit in those categories, they become much harder to house,” said Donald Whitehead Jr., executive director for the National Coalition for the Homeless.

In Louisiana’s largest school district, a wave of school closures will disproportionately affect Black and Latinx students. Though white students make up nearly a quarter of the district’s enrollment, they represent only 12 percent of the students affected by the closures. The school board’s plan to redistribute students will require them to travel outside their neighborhoods and, in some cases, to lower-performing schools.

Decades of merging flats and multitenant houses into larger residences have silently depleted New York City’s housing supply, particularly in Manhattan, according to new research. Such consolidations have eliminated 104,000 housing units since 1950, offsetting gains from new construction. “What this illustrates is that you just have to build a lot more housing. You have to make up for the fact that people are doing this,” said Adam Brodheim, historic preservationist and author of the study.

Zillow predicts home prices will increase by more than 6 percent in the next year. While RedFin forecasts a 4 percent decline and Realtor.com expects 0.6 percent decline, Zillow maintains that the high mortgage rates have strained affordability, leading existing homeowners to hold onto properties. Experts suggest that more substantial rate reductions, to around 5 percent, are needed to rebalance the market.