The dearth of available affordable housing in urban areas has numerous causes, but subsidy programs have yet to really move the needle. The real solution? Substantially increase housing supply to lower prices. (via Greater Greater Washington)
3 factors to help decide whether to rent or purchase a home (via Forbes)
Of interest: D.C. taxis can now deliver lunch. The Taxicab Commission believes this new service will increase driver incomes by up to $10,000 per year. (via Greater Greater Washington)
Say this out loud: “I deserve a break!” Yes you do! I know you work your tail off day in and day out! Sooooooooo … why do we Americans leave 51 percent of our eligible paid vacation time sitting on the table?
Despite being stressed out of our minds, particularly in the hustle and bustle of the D.C. Metro area, we are working more hours and taking fewer vacation days. The reasons for this vary with some people saying they don’t want to deal with the mountain of work that awaits them upon returning from vacation. Others simply don’t think that anyone else can do their job while they are away. Unsurprisingly, some are intimidated by a cutthroat office culture where everyone is eerily silent about the fact that no one seems to take any vacation.
Therefore, the first question really is HOW to cash-in your paid time off. The answer: Be a long-weekend-warrior.
The overall U.S. housing market has recovered from the crisis that plunged the country into recession. But a new analysis by The Washington Post shows that the recovery has been deeply uneven, creating winners and losers along lines of race, income and geography.
Even rich people may have low credit scores that hurt their chances of getting a jumbo loan (via WSJ)
McEnearney Market in a Minute (April 2016): “We’ve seen something in the first quarter of the year that we’ll be keeping a close eye on. For the first time in a long time, new contract activity for areas of Northern Virginia inside the Beltway is down while those outside the Beltway are higher. We’re not convinced that three months of activity is enough to say there’s a trend, but it’s possible that the higher prices of close-in communities are causing some buyers to look elsewhere. Stay tuned.”
Click here to read the entire Market in a Minute report for Northern Virginia, here for Washington, D.C.
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