Time equals freedom, and long commutes just add to the time that working to make a living takes from what could be family, fun, rest, or sleep time.
When people start to really contemplate their commute times and put a premium on their distance from work, that creates demand in urban neighborhoods.
Tag: affordable housing
How will the FHA Mortgage Insurance Rate Cut Cancellation Affect Buyers and Sellers?
I was shocked when President Trump cancelled a planned rate cut for FHA mortgage insurance. My first thought was, why is he picking on homebuyers? The program has sufficient funds to cover losses if a large number of people default. If the insurance works with lower premiums why not lower them? I can’t explain why…