The latest data represents a housing crunch that New York City has not seen since 1968. As the city management lacks the intent to build new rental apartments, the rental availability stays under 1.4 % in 2023-24. The recent immigrant influx and the slow rate of building new apartments are collectively disturbing the demand for rental availability, and the worst has yet to come.

Mar 11, 2024 12:21 PM EDT

Navigating the price of residing in NYC requires savvy budgeting expertise because of greater bills than many cities. Housing prices might be notably steep, whether or not you are renting a comfortable studio residence in Manhattan or contemplating shopping for a brownstone in Brooklyn. Nevertheless, with strategic planning and good selections, it is attainable to search out inexpensive choices that align with your monetary objectives.

Mar 11, 2024 12:12 PM EDT

If you own a property, you could be able to access a sizable amount of home equity; the typical American homeowner has access to around $200,000 in equity.

Mar 11, 2024 07:49 AM EDT

When one of the biggest American shops, Costco, announced that it would be selling gold bars in September, they rapidly ran out. Later, Walmart joined in as well, profiting from a resurgence of interest in precious metals.

Mar 11, 2024 06:35 AM EDT

Since its August introduction, the U.S. government's newest repayment scheme has drawn in over 75 million student loan debtors.

Mar 11, 2024 05:20 AM EDT

Due to the combination of rising housing values and high mortgage rates, purchasing a home has become more and more unattainable for Americans.

Mar 11, 2024 01:49 AM EDT

How can women achieve financial empowerment and independence? Here are our practical strategies and tips to empower yourself to take control of your financial future today.

Mar 09, 2024 07:48 AM EST

The threat of financial fraud is ever-present in our increasingly digitized society, particularly for senior citizens.

Mar 09, 2024 08:15 AM EST

The prospect of achieving the homeownership part of the American Dream is thus further from reality for some groups of Americans-primarily those of color-than ever. Indeed, a February 1st McKinsey Institute for Black Economic Mobility study found that it could take more than 300 years at the current rate for Black Americans to achieve "racial parity" in terms of housing equality.

Mar 08, 2024 02:54 PM EST

Investing. It's like a dance-off in the middle of Wall Street. You've got your slick moves (read: money) and you're ready to show them off. But where do you start? Fear not.. We've got your back. Here are the top five personal finance investing strategies that are making waves in the modern world.

Mar 08, 2024 02:33 PM EST

The U.S. economy has shown incredible resilience in the past, rebounding strongly from the depths of the pandemic recession. And who knows, maybe this period of economic uncertainty will give you the push you need to finally start that side hustle or small business you've been dreaming about.

Mar 08, 2024 02:03 PM EST

It's not simple to ask for a wage increase, especially for women. According to a 2024 survey by job listings service Indeed, more than half of women worldwide had never requested a raise. Three out of every four of the 43% who inquired got a wage raise.

Mar 08, 2024 09:20 AM EST