Homeownership, historically a reliable building block to family wealth, is more of a challenge today for first-time homebuyers. As of 2022’s first quarter, the median price of an existing single- family home grew to $368,200, according to the National Association of Realtors (NAR), 15.7 percent higher than a year ago. By Charlene Crowell NNPA Newswire […]
EXCEPT WHERE INDICATED, THE OPINIONS EXPRESSED ON THIS PAGE ARE NOT NECESSARILY THOSE OF THE MADISON TIMES
EXCEPT WHERE INDICATED, THE OPINIONS EXPRESSED ON THIS PAGE ARE NOT NECESSARILY THOSE OF THE MADISON TIMES
State Must Do More Now to Help Families Afford Housing
By Will Martin Candidate for Wisconsin Lt. Governor A recently released study documented that average metro Milwaukee rents have risen by 18% from May 2021 to May 2022. The average rent rose from $950 to $1,124 over that period. That’s a rent increase of $174 a month, making it harder for families to afford a […]
A Legacy of Past Choices: Milwaukee’s Housing Crisis Explained
By PrincessSafiya Byers This story was originally published by Milwaukee Neighborhood News Service, where you can find other stories reporting on fifteen city neighborhoods in Milwaukee. Visit milwaukeenns.org. Rising rent, stagnant wages and a lack of available units have left Milwaukeeans navigating an affordable housing crisis. This crisis, say local housing experts, is a legacy […]
Bloomberg to Tackle Housing Crisis
By Milwaukee Courier Staff While incomes have stagnated over the last two decades for low-income Americans, rents have gone up at an unsustainable pace for most renters. According to a recent study by the Wisconsin Policy Forum, Milwaukee County has the highest percentage of renter households in the Midwest, more than half of households in […]