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Housing
New Advertising Company Will Turn Your House Into a Billboard
By Ben Muessig - AOL NewsIf it's difficult to pay the bills on your house, try turning your house into a billboard. An advertising start-up in Orange, Calif., is offering to help 100 Americans pay their mortgages -- if the homeowners convert their houses into massive painted ads for the business. "It's a really good marriage for us to be able to help homeowners and for homeowners to be able to help us and bring attention to our business," said Romeo Mendoza, CEO of Adzookie, a mobile marketing firm promoting a local ad network. ...
Welcome to California City: The Imaginary Metropolis
By Ben Muessig - AOL NewsAt the corner of 125th Street and Joshua Avenue, you're more likely to run into a coyote than a commuter. On 115th Street and Sequoia Boulevard, you won't see many signs of civilization -- let alone sequoias. Just miles of desert and distant mountains. You wouldn't know it at the intersection of 20th Street and Snake Avenue, but you're standing inside the city with the third biggest footprint in California behind Los Angeles and San Diego. Half a century ago, California City was advertised as the next great West Coast metropolis, a new retirement mecca that could rival Palm Springs. But 45 ...
London Homeowners Ready to Cash In on Royal Wedding
By Theunis Bates - AOL NewsLONDON -- Many entrepreneurial Londoners are hoping to earn a king's ransom when Prince William and Kate Middleton get hitched April 29. Some will cash in by hawking tacky T-shirts and keychains to tourists, while others are set to offer visitors something considerably more valuable: their homes. Demand for private accommodation will rocket over the royal wedding weekend. The city only has 120,000 hotel rooms -- nowhere near enough to cope with the 1.1 million visitors expected in town for Will and Kate's big day. That's left a big gap in the market for business-minded locals, who can rent ...
Crash Pad Congressmen: Lawmakers Sleeping in Offices May Be Breaking Rules, Watchdogs Say
By Tom Diemer - Politics DailyWho was that weird guy wandering around in his bathrobe in the halls of the Rayburn House Office Building the other night? Oops, never mind, it's a congressman. With a growing number of House members saving money by sleeping in their Capitol Hill offices, a watchdog group has asked the Office of Congressional Ethics to determine whether they're breaking the rules, or unfairly enjoying a tax-free benefit, with their rudimentary free housing. "House office buildings are not dorms or frat houses," said Melanie Sloan, executive director of the nonprofit Citizens for Responsibility and Ethics ...
Obama Plan Would Shrink Government 'Footprint' in Housing Market
By Politics Daily Staff - Politics DailyLending giants Fannie Mae and Freddie Mac would be phased out under an Obama administration plan that would dramatically shrink the federal government's role in the housing market. Fannie and Freddie, federally chartered enterprises that buy and guarantee mortgages, are in hock to taxpayers for some $145 million. Critics say the two companies were among the culprits in the 2008 financial crisis brought on, in part, by a wave of home foreclosures. Some Republicans want to get rid of both companies. Related Stories Fannie Mae, Freddie Mac Get the Boot from Stock ...
Oakland Housing Authority's Section 8 Wait List Opens: An Overview of the Program
By Mary Phillips-Sandy - AOL NewsAt 8 a.m. today, the Oakland (California) Housing Authority began accepting applications for Section 8 assistance. People who want to request help through the rent-subsidy program need to act quickly: The list closes at 5 p.m. Saturday. Earlier in the month, Oakland Housing Authority director Eric Johnson told a local newspaper that he expected as many as 100,000 applicants. "We know that our families have been hard hit. We know there is a large need out there," he said. Indeed, this afternoon the Oakland Housing Authority website went offline briefly, perhaps because of heavy traffic. In ...
From Houses on Sticks to Cabins on Wheels: The Wide World of Tiny Living
By Dave Thier - AOL NewsForget walk-in closets, indoor pools and multiple dens. In the world of the great recession, it's the little things that are making the biggest splash in the housing market. Tiny housing is going through a renaissance, and for many architectural experimenters, whether it's a 65-square-foot cabin loaded onto a trailer, an ultra-efficient cube or a repurposed shipping container, small is beautiful. Many tiny living units are simple, practical attempts at maximizing efficiency in housing, from small cabins in the country to city apartments that do their best not to feel cramped. Other projects ...
Can Housing Keep Christians in Middle East?
By Matthew Kalman - AOL News
JERUSALEM (Nov. 1) -- Only days after a special Vatican Synod on the Middle East ended a week of deliberation about the rapidly shrinking Christian communities in the Arab world and Israel, Christians faced a massacre in Baghdad and renewed troubles in Jerusalem. Fifty-eight people including a priest were reported dead Sunday after Iraqi troops stormed the Catholic Sayidat al-Najat church in Baghdad where gunmen linked with al-Qaida had taken dozens of hostages and begun killing them. It was just the latest bout of the anti-Christian violence that has sparked a massive wave of emigration from ...
Banks to Underwater Homeowners: Don't Get Comfy
By Robert and Donna Trussell - Politics DailyFollow the Trussell cartoons on Twitter at ChaosTheoryPD ...
Cheap Brooklyn 'Studio Apartment' Is Actually Just Rubbermaid Shed
By Paul Wachter - AOL News(Sept. 27) -- Now that Craigslist has shut down its "adult services" section, the only titillation this New Yorker derives from the site comes from the local real estate ads. Though not quite as grand as the Sotheby's listings found in the New York Times, it's still relatively easy to find apartments that I'd like to live in but can't afford. "LIVE like you deserve," tempts one ad for a $13,000 per-month loft in Tribeca, an apartment I can very well see myself living in, deservedly or not. But even better are the cramped absurdities that make you think, "At least I'm not living in that piece ...
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