• Red Tape Now Adds $132K to the Cost of a New Home,Tristan Navera

    Red Tape Now Adds $132K to the Cost of a New Home

    Permits, building codes, inspections, and regulations are tacking on huge costs to build new single-family homes, which are inevitably passed along to homebuyers. And the burden is only growing, according to the National Association of Home Builders. A new NAHB study found regulatory costs have jump

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  • Your Biggest Perk as a Renter Might Be Costing You a Down Payment,Eric Goldschein

    Your Biggest Perk as a Renter Might Be Costing You a Down Payment

    Renting rather than owning a home has benefits and drawbacks, but one upside that is universally affirmed is that renting affords you flexibility. A 30-year-mortgage sounds scary, while a one-year lease means you can pack up and go elsewhere—including to a place with lower monthly costs, if you need

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  • Basketball Belongs to the Cities. But Can City Kids Still Afford To Stay?,Allaire Conte

    Basketball Belongs to the Cities. But Can City Kids Still Afford To Stay?

    When Pete Axthelm wrote in 1970 that “basketball belongs to the cities,” he was writing about the Knicks, New York, and the asphalt playgrounds that had helped make the sport inseparable from urban life. More than 50 years later, as the New York Knicks face off against the San Antonio Spurs on Wedne

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