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Rapidly Rising Student Debt Keeps Millions from Homeownership

Pro Builder

Rapidly Rising Student Debt Keeps Millions from Homeownership. Tue, 04/06/2021 - 09:13. Student loan payments are holding many Americans back from becoming homeowners by keeping their debt-to-income ratios high. A 2019 survey by Zillow found 39% of potential buyers said student debt delayed their homebuying plans.

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OSHA Announces 2021 Citation Penalty Increase

Construction Junkie

Effective January 15, 2021, OSHA has officially increased maximum allowable penalties by 1.182%, a decrease from 2020’s increase of 1.78%. In addition to the year increase, OSHA also recently announced a new debt collection initiative to help them actually collect the penalties they assess.

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Nationally Recognized Master Planned Community Welcomes Built-for-Rent Neighborhood

Pro Builder

Nationally Recognized Master Planned Community Welcomes Built-for-Rent Neighborhood. Fri, 04/23/2021 - 09:55. Master Planned Community of the Year winner Newland Communities will soon open its Nexton development to a new neighborhood of single-family rental homes. Master Planned Communities. Planning + Development.

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Subbies left unpaid by developer Empire Property Concepts

Construction Enquirer

An update from administrator Opus Restructuring Llp has revealed the scale of debts left by the failure of the firm in April. ” The Empire website states that the company has completed 1,296 residential units across 31 sites and currently has a pipeline of 2,953 units in planning, spread across a further 27 sites.

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Student Loans Keep 29% of Americans From Becoming Homeowners, Survey Finds

Pro Builder

Thu, 09/16/2021 - 10:32. In a new survey by the National Association of Realtors (NAR), 54% of student-loan borrowers said the pandemic allowed them to get a better handle on their student debt or allowed them to pay it off earlier than planned.

Debt 52
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New York City Renters Face $1 Billion in Unpaid Rent

Pro Builder

Fri, 01/15/2021 - 10:32. A recent survey found New York City renters owe $1 billion in unpaid rent, but the survey only accounts for roughly half of the total rentals, pushing the real debt closer to $2 billion. The New York Times says this debt figure speaks to the inadequate federal stimulus packages and unemployment payments.

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The National Association of Realtors Takes on the 10 Year Challenge—Homebuyer Edition

Pro Builder

From 2011 to 2021, the housing market experienced some cyclical patterns as well as several record highs and record lows, many of which were exacerbated by the COVID-19 pandemic and its economic implications. In 2021, that share has grown to 82%. In 2021, 95% of buyers used the internet in their search process.

Debt 52