By JULIE TURKEWITZ and AUDRA D.S. BURCH August 31, 2017 HOUSTON — Antonio Armenta paid $45,000 a decade ago for the little white house with the arched kitchen doorway by the train tracks in northeast Houston, where he raised his children...
Individuals own fewer than half of all rental units in the United States, according to a recent Census report.
Thousands are applying for federal assistance, but it may be slow to arrive and require them to take on debt that could take years to pay off.
Most insurance claims will fall on the federal government, where there is coverage at all. Even where required, it often goes unpurchased.
Though housing inventory has been steadily declining, cities like Austin, Tex., are building at rates well above historical averages.