New Mexicans calling for rent control as living costs surge

“People are price gouged out of their homes. Often onto the street if they don’t have other options,” said Desaulniers. Rent prices are surging in New Mexico. Ana Lee Desaulniers is the organizer of the People’s Housing Project. Desaulniers said, “this whole argument around, ‘we just need more housing.’ Well, people can’t wait that long.…

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Housing Cooperatives: A Unique Type of Home Ownership

Buying a house and renting an apartment represent only two of the possible living arrangements available, and these can both be cost-prohibitive. Co-op housing provides an alternative to the traditional methods of acquiring a primary residence. A housing cooperative or “co-op” is a type of residential housing option that is actually a corporation whereby the owners…

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Landlords in U.S. Squeezed Between Missed Rent and Overdue Loans

Many small landlords in U.S. have less financial flexibility in dealing with missed rent payments. Chuck Sheldon, a landlord and property manager in Albuquerque, New Mexico, has owned apartments for more than half a century. These days, he can barely keep up with all the moving pieces. He’s talking with owners of roughly 1,700 units…

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