“Housing discrimination is alive and well”: Watchdog group sues 36 realtors and landlords in New York

““When real estate companies say no to Section 8 tenants, what they’re really saying is you can’t work here, you can’t get food here, and your child can’t go to school here,” Carr said. “Housing discrimination doesn’t just impact one thing — it impacts literally everything.””

Why food and housing assistance is essential for improving America’s health

“There is an underappreciated contributor to the United States’ comparatively poor health: We underinvest in social services that help people live healthier lives and therefore overspend on medical care relative to other developed countries.

The long-term trends in US health care, as I wrote about earlier this week, tell a clear story: Medical outcomes have gotten better, with measures of life expectancy and disease burden improving over the last 25 years, but they haven’t improved as much as they have in other wealthy nations that spend less money on health care than the US.”

“If you combine social services spending with health spending, the US and its peers spend about the same amount of money (a little more than 30 percent of their respective GDPs). But spending in those other countries is weighted more toward social support — food and housing subsidies, income assistance, etc. — whereas America spends more on medical care.”

“Eighteen percent of people in the US live in poverty, compared with 10 percent in other wealthy countries. And we know that people with lower incomes face many structural challenges — lack of access to healthy food, clean water, and fresh air, for starters — that lead to worse health outcomes. When they get sick, they have a harder time both finding a doctor and affording their medical care. In general, they also live with more stress and anxiety than people who make more money, which also has deleterious effects on their health.”

New Treasury Data Shows That the Rollout of Emergency Rent Relief Continues to Be a Hot Mess

“States and localities continue to struggle with getting billions in federal rent relief funds out the door, frustrating both tenants and property owners while fueling demands for continued eviction moratoriums.

On Friday, the U.S. Treasury Department released new data showing that as of May 31, recipient jurisdictions have spent only about $1.3 billion, or 6 percent, of the $25 billion in Emergency Rental Assistance (ERA) funds approved by Congress in December 2020 to help renters cover rent, rent debt, and utilities.

That federal money was given in the form of grants to states and territories and to local governments with populations over 200,000.
That number obscures a lot of variation between states. Virginia has spent about 30 percent of its ERA award, compared to California’s 2 percent. The pace of spending is also increasing. States and localities spent $774 million in May, compared to the $443 million spent in April, and the $272 million spent from January to March. About 345,000 families have received ERA-funded assistance.

That’s far short of the 1.3 million households who self-report that they’re “very likely” to be evicted in the next two months in Census surveys, reports Politico.”

“The dispersal of funds has faced a number of problems. For starters, most state and local governments have had to set up their own rent relief programs from scratch.”

“Some 60 percent of respondents in a recent survey of ERA administrators said that a lack of staff was preventing them from dispersing rental aid. Another 49 percent said that their technical ability to scale up programs was responsible for the trickle of relief provided thus far.

Nevertheless, housing advocates say that even with these front-end logistical difficulties, ERA grantees should still be managing to spend emergency rental assistance like there’s actually an emergency on.”

Los Angeles Is Squandering $1.2 Billion While Homeless Face a ‘Spiral of Death’

“Five years after Los Angeles voters approved a $1.2 billion bond measure and a countywide sales tax hike to raise another estimated $355 million annually to solve its homelessness problem, there are more people living and dying on the streets than ever before.

Many of these men and women are both frequent targets and perpetrators of violence.

Mayor Eric Garcetti (D), who did not respond to our interview request, has partially blamed this failure on the pandemic, which slowed new housing construction and limited shelter capacity. It’s true that COVID caused a surge in homelessness, but the city’s plan was already failing.”

“The centerpiece of L.A.’s plan was to spend the $1.2 billion raised through Proposition HHH to build 10,000 supportive housing units over a decade. Even if the government were able to pull that off, it would merely put a dent in the problem in a city where more than 30,000 people are living on the streets and sidewalks according to the 2020 homelessness count.

Five years into the 10-year plan, just 14 projects are in service. Of the promised 10,000 supportive housing units, the city has completed fewer than 700.

It would take more than 30 years to house all of the people currently homeless in L.A. county at that pace, according to a federal court order.”

The Supreme Court decides not to light the housing market on fire

“The premise of the unitary executive doctrine is that all officials who execute federal law must be accountable to the president. That means that the president typically must be able to fire agency leaders and other top government officials at will — a view that the Supreme Court upheld in 2020.”

“The Court’s previous decisions..have some language suggesting that any action taken by an agency led by a director who is unconstitutionally shielded from presidential accountability is void — and that’s certainly how the plaintiffs in Collins read those decisions. They argued that literally every action taken by the FHFA since its creation 13 years ago must be declared invalid.

Had the Supreme Court agreed with this approach, it would have meant that all of the hundreds of billions spent to prop up Fannie and Freddie were spent illegally. It’s hard to even imagine how to unravel these transactions, and the process of doing so could have sparked another housing crisis similar to the catastrophic 2008 meltdown.

In any event, when confronted with the possibility of being responsible for one of the greatest financial crises in modern American history, Justice Alito blinked, as did most of his colleagues. Collins did not lead to an apocalyptic event; instead, it will stand as a warning of what can go wrong if the Court is too cavalier about remaking our constitutional system in a conservative image.”

“Though the head of the FHFA must be removable at will by the president, Alito argues in his opinion that “there was no constitutional defect in the statutorily prescribed method of appointment to that office” — that is, an FHFA director who is nominated by the president and confirmed by the Senate may still exercise executive power. Their previous actions are not void.
It’s as good a reason as any not to light the nation’s economy on fire.”

Is there a housing bubble?

“There aren’t enough homes to meet the demand for would-be homeowners, and there aren’t enough homes to meet the demand for renters. The US needs to build enough housing to support the number of people who need a place to live. And to do that, it needs to change local zoning laws that seek to prop up current homeowners’ investments by preventing more dense housing from being built. If it doesn’t, prices will continue to rise.”

“The biggest concern is that when you want to move to a new job, there might not be a house to buy or a place to rent for you and your family. That when your kids grow up, there will be zero homes available nearby for them to live in. That when your parents want to downsize, or are unable to afford their mortgage on a fixed income during retirement, they’ll be forced to move out of their community because there are no available places to live.

This is a crisis of our own making. The housing frenzy that accompanies the current moment is a byproduct of turning an asset that could be widely available into a scarce one. It’s up to local, state, and federal authorities to reverse that trend quickly or face the consequences.”

Iowa is making it harder to be a low-income renter

““No Section 8 accepted.”

It’s a familiar refrain to low-income renters searching for a place to live. The four-word phrase signals one of the last (mostly) legal forms of overt housing discrimination. Commonly referred to as “source-of-income discrimination,” landlords across the nation often refuse to accept tenants who attempt to pay rent with help from the federal government’s Section 8 housing voucher program.

Now, Iowa Gov. Kim Reynolds (R) has put the nearly 40,000 Section 8 recipients in her state in jeopardy of getting those notices by signing a new law that ensures cities and counties can no longer protect their residents from this subtle form of discrimination.

Section 8 housing is the government’s largest low-income rental assistance program. According to the Center on Budget and Policy Priorities, 5.2 million people nationwide receive vouchers from the program that cover some portion of their rent. The program is chronically underfunded, so only 1 in 5 households that are eligible to receive assistance actually do”

“There’s a lot of evidence that Section 8 vouchers reduce homelessness and alleviate poverty.

In her reporting for Vox, Stephanie Wykstra highlighted studies showing that “housing vouchers help prevent homelessness and increase long-term health and economic outcomes of children in low-income families.” And Vox’s Dylan Matthews covered a fascinating study that showed how (with help) some housing voucher recipients were able to find housing in high-opportunity neighborhoods, where children have significantly better chances at a prosperous future.”

“There is evidence that landlords have valid (nondiscriminatory) reasons for not wanting to participate in Section 8 housing — working with the government to make sure your property fits the requirements can be onerous and frustrating. Landlords may have difficulty getting rents paid on time by the local public housing authority and often the unit inspections can be an inefficient and arduous process.”

Lumber mania is sweeping North America

“When the pandemic hit in the spring of 2020, many people in the lumber industry assumed business was about to go sour. Millions of people were out of work, businesses across the country were shuttered, and the country was in a recession. And so, producers reacted accordingly.

“They really dialed back, thinking that demand would fall, and the reality is that demand never slowed,” said Dustin Jalbert, senior economist and lumber industry specialist at Fastmarkets RISI.

Instead, things sped up. People stuck at home because of Covid-19 shutdowns across the country decided it was a good time to take on home improvement projects repairing and remodeling their homes — they put up fences, added on decks, built out offices, refinished basements. The DIY trend helped drive stellar sales numbers at stores such as Home Depot and Lowe’s.

Many of those who weren’t busy fixing up their homes went looking for new ones. And where they couldn’t find preexisting homes, they started to build. Whatever initial slowdown there may have been in construction pretty quickly subsided. “Us being capitalist America, if people want to buy a house because they want to move out of the city and move to the suburbs, someone will build it for them. They’ll figure out a way,” said Michael Wisnefski, CEO of MaterialsXchange, an online marketplace for lumber and plywood.”

“demand isn’t just surging in North America; it’s also up overseas, which further strains the industry.”

“Finding lumber workers was challenging pre-Covid-19; during the pandemic, it’s been even harder. Sawmills have had a hard time staffing up and adding shifts, not only because of Covid-related restrictions and safety measures but also because a lot of people don’t want to work those types of jobs. Some people I spoke with suggested expanded unemployment insurance, which adds an extra $300 a week onto state benefits until September 6, may also be a factor — though, of course, sawmills are making so much money now they might be able to afford to pay workers more and court them back.”

“He notes that many people just don’t understand how hard it is to get a sawmill up and running. “They’d like to see our industry respond to these prices and make new lumber, but a new sawmill today is $100 million, it takes two years to build, and there’s no guarantee you’re going to have the raw materials to run it.” Plus, who knows how long this current surge will last.”

“For his part, Barber, in Canada, isn’t seeing much of a bump in his paycheck. “The price of lumber has gone way up, the mill’s making a lot more money, but they’re not paying us any more,” he said. “It’s funny how that works.””