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Home Ownership

Politics
NY Bill Targets Squatters Amid Troubling Incidents Involving Homeowners NY Bill Targets Squatters Amid Troubling Incidents Involving Homeowners
NY Bill Targets Squatters Amid Troubling Incidents Involving Homeowners New York lawmakers are considering legislation targeting illegal squatters amid recent disturbing incidents involving homeowners that garnered national attention. The bill from Republican Assemblyman Jake Blumencranz, whose 15th District represents parts of Nassau County, adds squatters to the definition of criminal trespass. It also extends the time period for tenancy rights from 30 days to 45 days of possession. Under current New York State law, squatters are classified as tenants and receive temporary rights after living in a property for 30 days. If a squatter claims to be a tenant, the…

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by Michael Mashburn
Lifestyle
Millennials Are Choosing Suburbs Over Cities, New Survey Says Millennials Are Choosing Suburbs Over Cities, New Survey Says
Millennials Are Choosing Suburbs Over Cities, New Survey Says A new survey shows a fascinating shift in trends when it comes to millennials and their preferred living situations. The survey, titled "The Millennial Economy 2018,’" went over some key figures and compared them with perceptions of generations past. The survey includes an array of data regarding the timelines for many major milestones, e.g., moving out of their parents’ house, buying a home, and getting married. Even though the survey shows that more than 80 percent of millennials have to delay home ownership as a result of student debt, they still have their sights set on the suburbs for…

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by Valerie Musson