Home costs stay beyond reach of many
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Even with the downturn in the real estate market, houses in the Boston area will continue to be unaffordable for many working families and first-time homebuyers, according to a new report from Harvard University's Joint Center for Housing Studies.
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As U.S. home purchases slow, an expected rise in demand for rentals will result in a spike in inflation, analysts say, citing studies showing housing costs have been under-reported by the government.
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Business & money: Many have lost their homes after repayment pledge failed to avert repossession.
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WASHINGTON -- Homeowners in every state but one spent more of their incomes on housing costs last year than at the start of the decade, according to data released by the Census Bureau. Those in Alaska spent the same.
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Heating bills will still be higher this winter, but costs appear to have peaked last month. By Ron Scherer | Staff writer of The Christian Science Monitor.
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Distinctions between local economies are being overridden by a mortgage market that has made it more difficult for many would-be home-buyers to obtain financing.
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The dollar so far has brushed off  signs the U.S. property market could be overheating as house  prices keep rising quickly and consumer demand stays robust.
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Business & money: Â· Homes for poorest will cost 10 times their incomeÂ· Imbalance of supply and demand will be long-term
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Not everyone has suffered from the current housing slump. Exceptions include entrepreneurs with deep experience in real estate and those who have carved out a special niche.
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A drop in the pace of home sales was not enough to keep housing from getting even more expensive across Massachusetts last month.
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Despite uptick in September, a glut of homes suggests that more price-cutting lies ahead.
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Could companies keep jobs at home in the U.S. and still manage to reduce costs?
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Heating oil prices are unusually high right now, so high that some analysts are wondering whether it's worthwhile for homeowners to try to lock in a price at these levels for the winter.
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As more families decide to stay in the city, the demand for the limited number of large apartments is far outstripping the supply.
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Handing over more greenfield land to housing will not curb rising prices, say campaigners.
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People who own something valuable, like a house, want to protect themselves against financial loss. Natural disasters like fire, storms or flooding can damage or destroy valuable possessions.
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Nearly one in four Californians say the cost of housing in their area could force them to move elsewhere in California or out of the state entirely, a new survey shows.