Housing crisis

Ageing in a housing crisis: growing numbers of older Australians are facing a bleak future

Retrieved on: 
Thursday, August 10, 2023
National, Housing, Homelessness, Solution, Aborigine, Policy, St. Louis Fed Financial Stress Index, Australian Bureau of Statistics, Research, History, Government, National Housing Act (Canada), ABS, Retirement, Population, Disability, Frailty, Risk, Income, Matter, Wind wave, Federation, Housing crisis, Trauma, Crowding, Population growth, Renting, Car rental, Video game, Insurance, Life insurance, Poultry farming, Construction

The collision between an ageing population and a housing crisis has left more older people in Australia enduring housing insecurity and homelessness.

Key Points: 
  • The collision between an ageing population and a housing crisis has left more older people in Australia enduring housing insecurity and homelessness.
  • Our report, Ageing in a Housing Crisis, shows safe, secure and affordable housing is increasingly beyond the reach of older people.
  • However, urgent policy action is needed to reshape the Australian housing system so all older people have secure, affordable housing.

Older people are increasingly at risk


    We analysed the most recent Australian Bureau of Statistics (ABS) census data and homelessness estimates. More older people lived in marginal housing – defined by the ABS as including crowding (less severe), improvised dwellings and caravans – and more were homeless in 2021 than a decade earlier.

Older people experiencing homelessness by gender and category in 2011, 2016 and 2021

    • This means more older people are exposed to the insecurity of renting and rising rents.
    • Our work shows they are struggling to afford private rental housing.
    • In 2019-20 only 19% of older people on very low incomes (the lowest 20% of household incomes) lived in households whose rent was affordable.
    • For older people who don’t own their homes, rising housing prices create financial risk rather than windfall.

Ageing magnifies unaffordable housing impacts

    • Rising housing costs, falling home ownership rates, mortgage debt carried into retirement, insecure private rental tenures and the worsening shortage of social housing are markers of system-wide housing insecurity.
    • Housing insecurity widens the gap between the housing older people have and the housing they need to live safe, secure and dignified lives as they age.

System-wide risks demand system-wide action


    Growing housing insecurity among older people is a result of system-wide problems. This means system-wide solutions are needed. We call for:
    • Disability, caring responsibilities, history of trauma, and individuals’ unique housing pathways and experiences must all be considered.
    • It’s essential that this plan, along with state, territory and local government implementation plans, consider the voices, experiences, concerns and aspirations of older people.

Housing reform is good for everyone

    • Amity James receives funding from the Australian Housing and Urban Research Institute and the Housing for the Aged Action Group.
    • Francesca Perugia receives funding from the Australian Housing and Urban Research Institute and the Housing for the Aged Action Group.
    • Margaret Reynolds receives funding from the Australian Housing and Urban Research Institute and the Housing for the Aged Action Group Piret Veeroja receives funding from the Australian Research Council, the Australian Housing and Urban Research Institute, the Housing for the Aged Action Group and Kids Under Cover.

Cuentas Releases Shareholder Update and New Branding Initiative, Highlighting the Successful Launch of Key Initiatives of the Company's Strategy of Building a Complete Ecosystem to Serve the Underserved but Well Deserved, An Estimated Trillion-Dollar Mark

Retrieved on: 
Thursday, July 20, 2023
Partnership, Housing, Life, Telco, Money, Sale, Collection, MIAMI, Management, Renco, Entrepreneurship, Housing crisis, LINK, OLB, Cryptocurrency, Online shopping, Renewable energy, Cuenta Conmigo

MIAMI BEACH, Fla., July 20, 2023 /PRNewswire/ -- Cuentas, Inc. (Nasdaq: CUEN) (Nasdaq: CUENW) ("Cuentas"), the Company that is creating an alternative financial ecosystem for the growing, hard-working segment of the population who do not have access to traditional financial and lifestyle alternatives, today released their shareholder update, underscoring the Company's progress and the new company branding and unified focus on serving the underserved. Over the past 12 months, Cuentas Management has successfully launched its new mobile platform, Cuentas Mobile as well as the recently announced, sustainable community technology solution Cuentas Casa, which stands to revolutionize sustainable and affordable living.  To round out it its core ecosystem, the Company is currently on track to launch its new Cuentas Money Application and financial solutions package, in the fall of 2023. Management believes that these accomplishments put the Company in the position to grow significantly in the coming months and years, updating, upgrading, and rebranding around its core mission providing tools for managing life and solutions for living life to the millions of hardworking Americans who have been left out of the system.

Key Points: 
  • To round out it its core ecosystem, the Company is currently on track to launch its new Cuentas Money Application and financial solutions package, in the fall of 2023.
  • Cuentas Mobile ( www.cuentasmobile.com ) offers consumers straightforward access to affordable telco services, including free talk and text in each package.
  • "We have spent the last year investing in bringing together meaningful solutions that serve the underserved, and the progress is inspiring", continued Maimon.
  • "We do not believe anyone has ever approached the underserved problem with such a broad scope of integrated solutions."

Cuentas Releases Shareholder Update and New Branding Initiative, Highlighting the Successful Launch of Key Initiatives of the Company's Strategy of Building a Complete Ecosystem to Serve the Underserved but Well Deserved, An Estimated Trillion-Dollar Mark

Retrieved on: 
Thursday, July 20, 2023
Partnership, Housing, Life, Telco, Money, Sale, Collection, MIAMI, Management, Renco, Entrepreneurship, Housing crisis, LINK, OLB, Cryptocurrency, Online shopping, Renewable energy, Cuenta Conmigo

MIAMI BEACH, Fla., July 20, 2023 /PRNewswire/ -- Cuentas, Inc. (Nasdaq: CUEN) (Nasdaq: CUENW) ("Cuentas"), the Company that is creating an alternative financial ecosystem for the growing, hard-working segment of the population who do not have access to traditional financial and lifestyle alternatives, today released their shareholder update, underscoring the Company's progress and the new company branding and unified focus on serving the underserved. Over the past 12 months, Cuentas Management has successfully launched its new mobile platform, Cuentas Mobile as well as the recently announced, sustainable community technology solution Cuentas Casa, which stands to revolutionize sustainable and affordable living.  To round out it its core ecosystem, the Company is currently on track to launch its new Cuentas Money Application and financial solutions package, in the fall of 2023. Management believes that these accomplishments put the Company in the position to grow significantly in the coming months and years, updating, upgrading, and rebranding around its core mission providing tools for managing life and solutions for living life to the millions of hardworking Americans who have been left out of the system.

Key Points: 
  • To round out it its core ecosystem, the Company is currently on track to launch its new Cuentas Money Application and financial solutions package, in the fall of 2023.
  • Cuentas Mobile ( www.cuentasmobile.com ) offers consumers straightforward access to affordable telco services, including free talk and text in each package.
  • "We have spent the last year investing in bringing together meaningful solutions that serve the underserved, and the progress is inspiring", continued Maimon.
  • "We do not believe anyone has ever approached the underserved problem with such a broad scope of integrated solutions."

One Ontario: An Actionable First Step to Tackling the Housing Crisis

Retrieved on: 
Monday, October 4, 2021
G7, Policy, Efficiency, Privacy, Time-invariant system, Conference, Town, Toronto Regional Real Estate Board, Investor, World Economic Forum, Housing, ICI, AECO, Housing crisis, Organization, Industry, GLOBE, Animal, Online shopping, Property management

Canada and the province of Ontario are falling behind, slipping significantly versus other international jurisdictions when it comes to doing business, and the fallout is a key factor in todays housing crisis.

Key Points: 
  • Canada and the province of Ontario are falling behind, slipping significantly versus other international jurisdictions when it comes to doing business, and the fallout is a key factor in todays housing crisis.
  • Canada currently ranks 64 out of 190 countries in the world on development approval efficiency for routine building projects, and this ranking is sliding.
  • Ontario is falling behind the many jurisdictions that have taken innovative steps to modernize and digitize the development process.
  • The coalition is pushing the province of Ontario to streamline and modernize the development approval process, speed up the time to development and help alleviate the growing Housing Crisis.

JPMorgan Chase Furthers Commitment to Closing the Housing Affordability Gap for Black and Latinx Households

Retrieved on: 
Wednesday, June 16, 2021
Residential Building & Real Estate, Banking, Construction & Property, Professional services, Finance, Financial services, Banking, Gender-neutral language, Hispanic and Latino, Latinx, Spanish grammar, Spanish language in the United States, Affordable housing, JPMorgan Chase, Housing crisis

Today, JPMorgan Chase announced new steps to address the housing affordability gap as part of its $30 billion commitment to help advance racial equity and drive an inclusive recovery.

Key Points: 
  • Today, JPMorgan Chase announced new steps to address the housing affordability gap as part of its $30 billion commitment to help advance racial equity and drive an inclusive recovery.
  • By combining its unique set of business, data, policy and philanthropic resources, the firm aims to improve housing affordability and stability as well as homeownership opportunities for Black and Latinx households.
  • JPMorgan Chases five-year, $400 million philanthropic commitment will help tackle the housing crisis for Black and Latinx households.
  • Due to the economic crisis resulting from the COVID-19 pandemic, there is a critical need to help stabilize housing for Black, Latinx and other households of color.

Cornerstone Building Brands Continues Commitment to Combat the Affordable Housing Crisis

Retrieved on: 
Wednesday, April 28, 2021
Other Manufacturing, Construction & Property, Entertainment, Urban planning, Philanthropy, Manufacturing, Celebrity, Fund Raising, Foundation, Residential Building & Real Estate, Affordable housing, Housing crisis, Habitat for Humanity, Regional science, Articles, Economy, Cornerstone Building Brands, Luke Bryan, CORNERSTONE BUILDING BRANDS, LUKE BRYAN

b'With the global pandemic intensifying the affordable housing crisis, Cornerstone Building Brands, Inc. (NYSE: CNR) (the \xe2\x80\x9cCompany\xe2\x80\x9d), the largest manufacturer of exterior building products in North America, announced its Home for Good project will provide $525,000 in product and financial support to Habitat for Humanity International through 2021.

Key Points: 
  • b'With the global pandemic intensifying the affordable housing crisis, Cornerstone Building Brands, Inc. (NYSE: CNR) (the \xe2\x80\x9cCompany\xe2\x80\x9d), the largest manufacturer of exterior building products in North America, announced its Home for Good project will provide $525,000 in product and financial support to Habitat for Humanity International through 2021.
  • \xe2\x80\x9cWe\xe2\x80\x99re looking forward to once again partnering with Luke Bryan to spread the word about the growing affordable housing crisis.\xe2\x80\x9d\nOne in 7 families in the U.S. spends half or more of their income on housing, and the pandemic has exacerbated the plight of families in need of affordable housing.
  • Headquartered in Cary, North Carolina, the organization serves residential and commercial customers across new construction and repair and remodel markets.
  • At Cornerstone Building Brands, corporate stewardship is a responsibility that is deeply embedded in our over 75-year history.

California REALTORS® applaud Biden Administration's Transportation and Infrastructure bill that addresses nation's severe housing shortage

Retrieved on: 
Wednesday, March 31, 2021
Presidency of Joe Biden, Joe Biden, Housing crisis, Homelessness, Affordable housing, Democrats United States), Articles, Federal government of the United States

today issued the following statement in response to the inclusion of creating, preserving and retrofitting of more than two million homes and commercial buildings in President Joe Biden's Transportation and Infrastructure bill announced today.

Key Points: 
  • today issued the following statement in response to the inclusion of creating, preserving and retrofitting of more than two million homes and commercial buildings in President Joe Biden's Transportation and Infrastructure bill announced today.
  • "California REALTORS applaud the Biden Administration's inclusion of housing as part of the Transportation and Infrastructure package," said C.A.R.
  • "California, like the rest of the nation, is facing a severe housing shortage that must be addressed at every level of government; our nation needs to build more homes to stem the housing crisis facing the country.
  • looks forward to working with the Biden Administration and Congress on addressing the housing crisis problems of homelessness, affordable rentals and workforce homeownership."

Regions-up Housing Agenda Identifies Evidence-Based Opportunities to Ease State's Housing Crisis

Retrieved on: 
Thursday, February 25, 2021
Financial District, San Francisco, Articles, Affordable housing, Economic inequality, Housing crisis, Wells Fargo, Economy, Fargo, Companies

SACRAMENTO, Feb. 25, 2021 /PRNewswire/ --Released today by California Forward (CA FWD) with support from Wells Fargo, " Regions Build Together A Housing Agenda for All California ," provides a regions-up housing agenda consisting of 14 practical actions that can relieve the state's persistent housing crisis.

Key Points: 
  • SACRAMENTO, Feb. 25, 2021 /PRNewswire/ --Released today by California Forward (CA FWD) with support from Wells Fargo, " Regions Build Together A Housing Agenda for All California ," provides a regions-up housing agenda consisting of 14 practical actions that can relieve the state's persistent housing crisis.
  • "Regions Build Together provides a comprehensive regions-up agenda bringing economic, policy and political components together to address the state's urgent need to create the housing our residents need."
  • Even after a decade of robust economic growth, California has failed to make substantive progress on addressing the housing needs of its population.
  • In 2019, Wells Fargo announced a commitment of $1 Billion in philanthropy through 2025 to confront the U.S. housing affordability crisis.

PadSplit brings its affordable housing marketplace to Houston

Retrieved on: 
Wednesday, January 27, 2021
Affordable housing, Housing crisis

HOUSTON, Jan. 27, 2021 /PRNewswire-PRWeb/ -- PadSplit, a mission-driven marketplace that helps solve the affordable housing crisis, is announcing its entry into the Houston metro area.

Key Points: 
  • HOUSTON, Jan. 27, 2021 /PRNewswire-PRWeb/ -- PadSplit, a mission-driven marketplace that helps solve the affordable housing crisis, is announcing its entry into the Houston metro area.
  • PadSplit's proven model addresses the housing crisis by aligning incentives between property owners, cities, nonprofits and individuals who seek affordable housing.
  • For years, Houston has created effective policies in support of affordable housing, and we're excited to now introduce PadSplit to the market as another successful approach."
  • PadSplit is a mission-driven company that helps to solve the affordable housing crisis, one room at a time.

Freddie Mac: New Research Shows Affordable Housing Shortage Persists

Retrieved on: 
Wednesday, August 26, 2020
Affordable housing, Economic inequality, Housing crisis, Affordable housing by country

Building on last years Diminishing Affordability Inescapable report, the new study isolates renter income to more accurately capture the availability of affordable housing to individual renters.

Key Points: 
  • Building on last years Diminishing Affordability Inescapable report, the new study isolates renter income to more accurately capture the availability of affordable housing to individual renters.
  • Rental affordability continues to be a major issue as demand remains high and supply of affordable housing is both insufficient and more likely to decline than it is to grow, said Steve Guggenmos, vice president of Multifamily Research and Modeling at Freddie Mac.
  • Our research demonstrates the need to focus on and understand the complexities of rental affordability as we continue to address the affordable housing crisis in this country.
  • Since our creation by Congress in 1970, we've made housing more accessible and affordable for homebuyers and renters in communities nationwide.