Kansas City Plans Housing Schemes Amid Worsening Market Correction

Per ushe . . .

The market is ALWAYS much more efficient than activists & politicos.

Here's a highlight sent by one of the BEST & BRIGHTEST from the TKC blog community . . .

 "Researchers at Goldman Sachs expect U.S. home prices to decline between 5% to 10% from peak-to-trough—with their official forecast model predicting a 7.6% drop. If it comes to fruition, it'd surpass the 2.2% decline between May 1990 and April 1991. That would make this ongoing correction the second biggest home price decline of the post-World War II era."

Read more via www.TonysKansasCity.com links . . .

Kansas City community land trust rethinks affordable home ownership

A recent $50 million affordable housing initiative passed by Kansas City voters has put the spotlight on groups looking to help lower-income residents with housing needs. One of those groups, the Marlborough Community Land Trust, continues to market its third home for sale since the land trust's inception in 2019.

Urban farms and mushroom hunting in Kansas City

Urban farms can take blighted vacant lots and turn them into green space that provides food for neighborhoods, but in Kansas City and the Midwest, they struggle to get that land from private owners and city land banks.

KCMO voters make their largest investment ever in affordable housing

Kansas City, Missouri voters made the largest investment in affordable housing ever on Tuesday night.Voters successfully passed Question 2, which called for $50 million in bonds toward the Housing Trust Fund, creating affordable housing in neighborhoods of need.It's an issue the city has been struggling with for a while.The vote last night was a huge win for the mayor.The fight for affordable housing didn't start on Tuesday, and it won't end there.For years the KC Tenants Power has had one primary goal."

The U.S. housing market to see second biggest correction of the post-WWII era-when to expect the home price bottom

Homebuilders and economists alike saw the 2000s housing bubble brewing-they just didn't think it would burst. Their reasoning being, that at the time, home prices hadn't really fallen since the Great Depression era. "I think that the religion people had from 1946 to 2008, that housing prices always go up, is dead.

Developing . . .