Housing Archives - DR News - News, Retirement, Finance

Retirement Planning Stress: Aging Homeowners Facing Housing Market Challenges

New York, NY – Retirement planning can be a major source of anxiety for many individuals, with more than half of Americans expressing concerns about their financial security after leaving the workforce. A significant portion of adults over the age of 50 even anticipate never being able to retire. The challenges surrounding retirement are compounded by difficulties related to assets like homeownership, which are intended to provide support later in life. In a compelling piece …

UC Riverside Student Suspended for Possessing Assault Rifle in On-Campus Housing

Riverside, California – A University of California, Riverside student has faced suspension following a concerning discovery made by campus police officials. During a search last week, authorities uncovered an assault rifle and various alarming items within on-campus housing, prompting immediate action. The search warrant was executed on Friday, May 3 after evidence of a weapon presence on the campus came to light. The findings in a room at the North District residential apartment included an …

Inequities Exposed: Diabetes and Housing Challenges for Non-White L.A. County Residents

Los Angeles, California – The Los Angeles County Department of Health recently released the findings of its 2023 health survey, shedding light on the disparities faced by non-white residents in the area. The study, which included thousands of adults and children from L.A. County, delved into various aspects such as healthcare, housing, insurance access, and their effects on physical and mental well-being. According to the survey results, Black and Latinx residents in the county are …

Investments in Affordable Housing Skyrocket as CVS Addresses Social Determinants of Health

Honolulu, Hawaii – CVS Health, a major provider of medical care through its drugstores and clinics, announces a significant increase in investments in housing to address social determinants of health. In an effort to reduce costs and improve outcomes beyond traditional medical treatments, CVS has identified housing as a key factor. The company, which also owns Aetna, the nation’s third-largest health insurance company, sees paying for housing as a means to enhance health outcomes and …

Seniors Staying Put: Impact on Canada’s Housing Market

Georgetown, Ontario – As the population of elderly homeowners in Canada continues to age, the desire to stay in their family homes for as long as possible is becoming increasingly common. Many seniors are now delaying the sale of their homes, putting pressure on the housing market, according to a report by the Canadian Mortgage and Housing Corporation (CMHC). The report, titled Understanding the Impact of Senior Households on Canada’s Housing Market, found that the …

Unaffordable: Report Shows U.S. Renters Struggle as Housing Costs Soar

PHILADELPHIA, PA – Over the past two years, many renters have faced a significant increase in housing costs, with more than half of U.S. renters spending over 30% of their income on rent and utilities in 2022, according to a new report from Harvard University’s Joint Center for Housing Studies. The report reveals that the cost burden has increased for renters across all income categories, with a record number of them paying more than 50% …