Envy Apartment

Morningside Park, a Kushner Companies- owned housing complex , in Middle River, Maryland (Philip Montgomery for The New York Times) Maryland’s two U.S. senators and four of its U.S. House representatives , all Democrats, sent a letter today to the large real- estate company owned by the family of Jared Kushner, President Donald Trump ’s son-in-law and senior adviser, demanding information about the company’s management of 17 apartment complexes it owns in the state. The letter to Kushner Companies came in response to a May 23 article co-published by ProPublica and The New York Times Magazine investigating management practices at the rental complexes, most of which are in the suburbs of Baltimore, as well as an article this week in The Baltimore Sun that revealed additional details . The original story described the highly aggressive legal tactics that Kushner Companies has used to pursue tenants who owed back rent or had left their leases early — even tenants who left the complexes...

The long retail spine of Sydney Road, Brunswick, just north of Melbourne's CBD, was once a prosperous trading outpost on the way to the goldfields. These days it's a bohemian mix of variety stores, op shops, halal butchers and Lebanese bakeries. Take a side street to the west, however, and a different picture emerges. Sandwiched between Sydney Road and the Upfield train line is an area undergoing rapid and widespread transformation. Light industry is fast being replaced by mid- rise apartment buildings , their inhabitants attracted by the short commute into town and cheaper prices than in the city's south-east. The quality of these units is, on the whole, depressingly bad; think poor ventilation and bedrooms that "borrow" natural light (a weasel word for being dark and windowless). The occasional jazzy façade tries feebly to make up for otherwise cheap construction amid a chorus of greys. At ground level, carpark roller doors alternate with mean pocket garden...

The iconic London landmark uses its public spaces to counterpoint the unbridled growth of London’s luxury private structures I recently found myself staring into a stranger’s living room, waiting for something beautiful to happen. I was standing on the 10th- floor viewing terrace of the Tate Modern’s new wing, a twisting ziggurat of perforated brick and mortar that rises above the museum’s home in the old Bankside Power Station . The terrace allows for 360-degree views of the building frenzy that has consumed much of London’s skyline. Cranes dip and dive in every direction; to the east, the Shard, an overwhelming ice pick of a skyscraper, dwarfs the Victorian roofs of the surrounding neighbourhood; to the west, the pregnant monolith of One Blackfriars, a 50-storey mixed-used building, looms over the Thames like an alien mothership. As is the case all over the city, many of its £4 million (Dh19 million) apartments will be scooped up as investments, only to stand empty. Idle butlers ...

The Oasis Terraces housing complex in Singapore and the original cast of “Rent” How to tell if one has made it in America? See if they own a home. For decades, homeownership has been one of the cornerstones of the American dream, and the U.S. housing market was the envy of the world. But that’s changed. The federal mortgage subsidy complex , which turned (white) America into a nation of homeowners in the postwar decades and helped build the world’s largest middle class , is no longer doing what it’s supposed to. Faced with stagnating wages and ballooning property prices , fewer Americans can afford to buy their own homes. The mortgage interest deduction and Fannie Mae and Freddie Mac are turning into regressive subsidies, channeling taxpayer money to rich homeowners and driving up housing costs while a growing group of middle-income renters must fend for themselves. Rent-stabilization laws have become weaker over time. And New York is dealing with a crumbling public housing infrast...