“I don’t want to make more money”—said no one, ever. With the cost of just about everything shooting up, up, up, most folks these days are looking for near-surefire ways to bring in more cash and build a nest egg. Conventional wisdom has long held that home ownership is one of the best ways to build […]
The Rent is Too High – So help is on the way in many cities & states
When Stasha Powell moved into her one-bedroom apartment in Redwood City, CA, about 26 miles south of San Francisco, the rent was $625 per month. That was 17 years ago. Today, Powell, 44, faces a rent set to increase within months to $2,600—more than double her current rate of $1,040. And that’s for a 450-square-foot, unfurnished, non-air-conditioned […]
Charging Rent When Your Adult Kid Moves Home
It’s graduation season again. College students will don their best flip-flops to walk across the stage and accept their diplomas. Then they’re ready for their next big move…back home. More than one-third of young adults—those between ages 18 and 34—lived at home in 2015, up from 26% in 2005, according to census data. Many parents […]
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