News Corp is mulling sale of MySpace

first_imgTuesday 30 November 2010 8:18 pm by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesNoteabley25 Funny Notes Written By StrangersNoteableyMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesWanderoamIdentical Twins Marry Identical Twins – But Then The Doctor Says, “STOP”WanderoamElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldHealthyGem”My 600-lb Life” Star Dropped 420 Pounds, See Her NowHealthyGem Show Comments ▼ Tags: NULL KCS-content News Corp is mulling sale of MySpace center_img whatsapp whatsapp Share Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family Proof NEWS Corp has admitted it is considering a sale of its embattled MySpace social network after spending millions relaunching it as an entertainment site.Chief operating officer Chase Carey said he would be open to discussions over a sale or partnership, with web giants Yahoo and AOL linked to a deal.It is not clear how much News Corp would expect to receive for the site but it would be a fraction of the $580m that it paid for it five years ago.Carey said: “There are opportunities here to do 20 things but that doesn’t mean you’re going to do any of the 20. If there’s something there that makes sense you ought to think about it.”The admission is a stark change of tack for News Corp, which has repeatedly denied suggestions it is trying to offload the social network.MySpace has fallen from being one of the internet’s fastest growing sites to an embarrassing weight around Rupert Murdoch’s neck in just five years. It has suffered from intense competition from Facebook, which now has more than 500m users, and Twitter.Last month Facebook had 151m unique users, compared to just 60m at MySpace.Analysts have been speculating for years that it will end up going the same way as Bebo – also a once promising social network – which AOL has sold for a fraction of the $850m it paid in 2008.MySpace has also lost several top executives including co-president Jason Hirschhorn in June. Hirschhorn, with fellow co-president Mike Jones, replaced former chief executive Owen Van Natta just four months earlier. last_img read more

House in the Hills / Architectare

first_imgArchitects: Architectare Area Area of this architecture project CopyAbout this officeArchitectareOfficeFollowProductsWoodSteelStone#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesItaipavaCasaBrazilPublished on December 02, 2013Cite: “House in the Hills / Architectare” [Casa na Colina / Architectare] 02 Dec 2013. ArchDaily. Accessed 11 Jun 2021. ISSN 0719-8884Browse the CatalogPartitionsSkyfoldChoosing the Skyfold Wall for Your SpaceGlass3MGlass Finish – FASARA™ GeometricShower ColumnshansgroheShoulder ShowersPanels / Prefabricated AssembliesMorin Corp.Metal Wall Systems – ExposedStonesCosentinoSurfaces – Dekton® Stonika SeriesConcrete FloorsSikaIndustrial Floor CoatingsHanging LampsLouis PoulsenPendant Lights – KeglenDoorsSky-FrameInsulated Sliding Doors – Sky-Frame SlopeThermalSchöckMinimizing Thermal Bridges in BalconiesWindowspanoramah!®ah! Ultra MinimalistEnclosures / Double Skin FacadesAlucoilStructural Honeycomb Panels – LarcoreWork ChairsDynamobelWork Chair – SLAT 16More products »Save世界上最受欢迎的建筑网站现已推出你的母语版本!想浏览ArchDaily中国吗?是否翻译成中文现有为你所在地区特制的网站?想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my stream Houses Save this picture!© Leonardo Finotti+ 19 Share “COPY” Area:  704 m² Photographs Brazil CopyHouses•Itaipava, Brazil Projectscenter_img House in the Hills / Architectare House in the Hills / ArchitectareSave this projectSaveHouse in the Hills / Architectare ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/453482/house-in-the-hills-architectare Clipboard Photographs:  Leonardo FinottiLightning:RBF arquitetura de iluminaçãoConstruction:K2 EngenhariaStructural Project:MPompei EngenhariaSite Area:2790 m²Project Architects:Flavia Quintanilha e Rodrigo FernandesCity:ItaipavaCountry:BrazilMore SpecsLess SpecsSave this picture!© Leonardo FinottiRecommended ProductsWindowsFAKRORoof Windows – FPP-V preSelect MAXWindowsSolarluxSliding Window – CeroWindowsLibartVertical Retracting Doors & WindowsWoodTechnowoodPergola SystemsText description provided by the architects. Despite being in a proportionately large lot, the building has its shape defined by the small triangle of its buildable area on the entrance of the lot, resulting from enforcement of the condominium and local legislation. The whole building area is embedded in this triangle, with the exception of the deck, which was designed as permeable construction, as allowed. Those restrictions forced the house to be very exposed to the street and that was taken as a design proposition.Save this picture!© Leonardo FinottiThe façade towards the street was designed to give the impression that it is all closed, with exception of the library and some small openings on the first floor. The graphic texture of this façade represents the integration of the architecture with the land. From the soil, a well-defined form arises, with organic texture, made with rocks gathered in the place. On this strong base, another volume is lightly settled.Save this picture!© Leonardo FinottiThis volume contains the rooms and interacts with the street by means of theirs big sliding panels made of aluminum. This very rational texture is interrupted by the library bookshelf, which is dominated by the disordered timber wood graphism working as a moucharebiya.Save this picture!© Leonardo FinottiThe façade towards the inside of the land is made of sliding glass panels, receiving direct sun during the winter afternoon, warming the house for the night. and increasing the integration between the interior and the nature outside. Those glass panels provide the necessary input of light during the day.Save this picture!© Leonardo FinottiTo increase the interior sun light, a skylight above the stairs was designed. At night, the lighting design benefits from the material´s textures to preserve the warm atmosphere. The entire 1st floor is designed to ensure full interaction among the different uses and spaces of the house. For this, the sliding glass panels can be completely open; transforming the living room into a veranda and the deck becomes an extension of the internal space, annulling the barriers between the swimming pool and outside kitchen.Save this picture!© Leonardo FinottiThe 2nd floor is more private and all the bedrooms turn to the mezzanine where the library is, from which you can see the first floor without being too exposed. Save this picture!Planta – 1º PavimentoProject gallerySee allShow lessTunnels Under London: the Largest Infrastructure Project in EuropeArchitecture NewsFill out the Women In Architecture SurveyArchitecture News Share ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/453482/house-in-the-hills-architectare Clipboard “COPY” ArchDailylast_img read more

CASAVAL / Jaime Rouillon Oviedo

first_imgCopyHouses•Escazu, Costa Rica Projects Manufacturers: MetalTech-USA, Holly HuntSave this picture!© Sergio PucciRecommended ProductsDoorsRabel Aluminium SystemsMinimal Sliding Door – Rabel 62 Slim Super ThermalDoorsC.R. LaurenceCRL-U.S. Aluminum Entice Series Entrance SystemDoorsVitrocsaGlass Technology in Hotel BeaulacDoorsJansenDoors – Folding and SlidingText description provided by the architects. A courtyard seeks intimacy holding water, light and green. The materials surfaces interact responding to the degree of enclosure between social functions.Save this picture!© Sergio PucciAll family members dwell within a sacred space; a place where interaction and contemplation to distant city and mountain views is experienced.Save this picture!© Sergio PucciProject gallerySee allShow lessA Future Without Slums: Too Good to be True?ArticlesBeyond Ruin Porn: What’s Behind Our Obsession with Decay?Articles Share ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/535062/casaval_jaime-rouillon-oviedo-jaime-rouillon-oviedo Clipboard Year:  CASAVAL / Jaime Rouillon OviedoSave this projectSaveCASAVAL / Jaime Rouillon Oviedo Costa Rica Photographs:  Sergio Pucci Manufacturers Brands with products used in this architecture project 2012 ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/535062/casaval_jaime-rouillon-oviedo-jaime-rouillon-oviedo Clipboard “COPY”center_img Area:  6000 ft² Year Completion year of this architecture project Save this picture!© Sergio Pucci+ 17 Share “COPY” CASAVAL / Jaime Rouillon Oviedo Architects: Jaime Rouillon Oviedo Area Area of this architecture project ArchDaily Houses Photographs CopyAbout this officeJaime Rouillon OviedoOfficeFollowProductsWoodStoneConcrete#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesEscazuCosta RicaPublished on August 16, 2014Cite: “CASAVAL / Jaime Rouillon Oviedo” 16 Aug 2014. ArchDaily. Accessed 11 Jun 2021. ISSN 0719-8884Browse the CatalogPanels / Prefabricated AssembliesTechnowoodSiding Façade SystemPlasticsMitrexSolar SidingMetal PanelsAurubisCopper Alloy: Nordic BronzeArmchairsAndreu WorldGrand Raglan – Lounge ChairSinksBradley Corporation USASinks – Frequency® FL-SeriesPlantingSikaGreen RoofsStonesCosentinoSilestone Surfaces – Ethereal CollectionMetal PanelsLongboard®Aluminum Battens – Link & Lock – 8″Panels / Prefabricated AssembliesFranken-SchotterFacade Panels – Dietfurt LimestoneWindowsRabel Aluminium SystemsMinimal Casement Windows – Rabel 8400 Slim Super Thermal PlusWoodGustafsWood Cladding in St. Erik Eye HospitalLightsKKDCLighting – Groove FLEXMore products »Save世界上最受欢迎的建筑网站现已推出你的母语版本!想浏览ArchDaily中国吗?是否翻译成中文现有为你所在地区特制的网站?想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my streamlast_img read more

Fundraisers “need their own awareness campaigns”

first_img Tagged with: Giving/Philanthropy Howard Lake | 16 April 2007 | News “Fundraisers should adopt these awareness-raising techniques to counter the prevailing attitude that charity is all about allowing donors to give rather than helping to improve the lives of beneficiaries,” MacQuillin says.“So when you hear someone complaining at a dinner party about chuggers or charity junk mail, politely point out that face-to-face fundraisers and direct marketers are acting on behalf of the beneficiary. “It will be a drip-drip, bottom up, long-term effort”, he adds. “But it will be worth it, because we will be campaigning for another group of people who are marginalised, suffering, and too often don’t have a voice of their own.” Ian MacQuillin’s latest blog post on UK Fundraising argues that awareness raising campaigns are needed to counter the prevailing “anti-fundraising attitudes” held by many members of the public and media.MacQuillin, of charity PR specialist agency TurnerPR, argues that many of the negative attitudes to face to face fundraisers or charity direct mail exist because the public now view their relationships with charities as more akin to a consumer-commerce relationship rather than in the context of the fundraiser acting on behalf of the beneficiary.MacQuillin refers to Richard Dawkins’ latest book ‘The God Delusion’, in which Dawkins points out how the women’s, gay and black rights movements have raised awareness to the point where certain words, phrases and attitudes are now considered unacceptable, simply by continually campaigning against those words and attitudes whenever they encountered them. Advertisement AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThiscenter_img About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving.  14 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Fundraisers “need their own awareness campaigns”last_img read more

Cancer Research UK’s Go.Give.Gain competition for fundraising ideas

first_imgCancer Research UK’s Go.Give.Gain competition for fundraising ideas Howard Lake | 7 March 2012 | News Tagged with: Individual giving AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis  25 total views,  1 views today GO.GIVE.GAIN is a new competition aimed at students and young people aged 18 and over who want to use their passion and entrepreneurship to make a real difference to the work of Cancer Research UK.The competition is your chance to gain some invaluable experience for your CV whilst raising vital funds for cancer research.Entrants are challenged to come up with and carry out an innovative fundraising idea and you could win an exclusive three week placement at Cancer Research UK or another major UK company.http://myprojects.cancerresearchuk.org/fundraise/go-give-gain Advertisement  26 total views,  2 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving.last_img read more

Group Wants Congress to Cap Ag Subsidies

first_img SHARE Home Indiana Agriculture News Group Wants Congress to Cap Ag Subsidies Group Wants Congress to Cap Ag Subsidies SHARE Facebook Twitter By Hoosier Ag Today – Apr 16, 2017 The Heritage Foundation’s Center for Free Markets and Regulatory Reform wrote an op-ed piece for the National Review.Com on agricultural subsidies. The piece, by a senior research fellow, refers to higher than expected costs for the Ag Risk Coverage (ARC) and the Price Loss Coverage (PLC) programs in the 2014 Farm Bill. It says those costs are almost double the original estimates, $32 billion over five years, rather than the projected $18 billion first forecast.The Foundation says agribusiness groups are after even more handouts as lawmakers prepare to develop the next Farm Bill. The Heritage Foundation is calling on Congress to keep the interests of the taxpayer in mind when developing the upcoming Farm Bill. They want Congress to get rid of the ARC and PLC programs in the next Farm Bill. In the meantime, they would like to see caps on those programs, ensuring that they are not open-ended programs and give taxpayers at least some protection.They note that a House amendment when the programs were first written would have capped outlays, but the amendment was removed by legislators during final Farm Bill negotiations.Source: NAFB News Service Facebook Twitter Previous articleSeed Consultants Planting Forecast April 17, 2017Next articleThe War on Wieners Hoosier Ag Todaylast_img read more

Grenade attack on TV station Rustavi 2

first_img October 1, 2020 Find out more July 20, 2020 Find out more News Concern about alleged plot to murder Georgian TV host to go further Help by sharing this information Reporters Without Borders voiced concern about a grenade attack early today that shook the Tbilisi headquarters of the TV station Rustavi 2 and damaged its facade but caused no injuries, although 15 journalists were inside at the time.”We fear that this attack was meant to put pressure on the TV station that was a mouthpiece for the opposition in the 2 November legislative elections and gave the most extensive coverage to the protests that led to Edvard Shevardnadze’s resignation as president at the end of November,” Reporters Without Borders secretary-general Robert Ménard said.Ménard noted that this was the second attack against a TV station in Georgia in a month. The state TV company building was also damaged by an explosive device on the evening of 3 December.”It is vital that the press should be able to work freely in the run-up to the presidential election on 4 January, and we call on the authorities to guarantee the safety of the news media and journalists who cover the election, whatever their editorial position,” Ménard added.In a statement, Rustavi 2 said the police found an anti-tank rocket-launcher about 200 metres from the TV station. The police are reportedly treating the attack as act of “sabotage.”Transmission of Rustavi 2 has meanwhile been blocked for several weeks in the Adzhara region, which is an autonomous republic. Adzhara disputes Shevardnadze’s departure and does not accept the legitimacy of Nino Burjanadze, the interim leader who took over on 23 November. GeorgiaEurope – Central Asia Receive email alerts GeorgiaEurope – Central Asia Follow the news on Georgia A rocket-propelled grenade was fired today at the headquarters of the TVstation Rustavi 2 in the Georgian capital, but caused no injuries. ReportersWithout Borders called on the authorities to protect journalists coveringthe 4 January presidential election. News News Organisation December 29, 2003 – Updated on January 20, 2016 Grenade attack on TV station Rustavi 2 Mounting pressure on Georgia’s media in run-up to elections June 18, 2020 Find out more At least five journalists attacked while covering Georgia’s election campaign RSF_en Newslast_img read more

RSF decries new interferences in the administration of the Brazilian Public Broadcaster (EBC)

first_img May 13, 2021 Find out more May 17, 2016 – Updated on November 3, 2016 RSF decries new interferences in the administration of the Brazilian Public Broadcaster (EBC) to go further 2011-2020: A study of journalist murders in Latin America confirms the importance of strengthening protection policies Receive email alerts News April 27, 2021 Find out more News RSF begins research into mechanisms for protecting journalists in Latin America BrazilAmericas Media independence Conflicts of interestJudicial harassment RSF_en Alarm after two journalists murdered in Brazil Reports BrazilAmericas Media independence Conflicts of interestJudicial harassment News Reporters Without Borders (RSF) deplores Acting President Michel Temer’s decision today to issue a decree arbitrarily firing Ricardo Melo as head of the Brazilian Communication Agency (EBC). ————————————————————————–Update/ 2 september 2016On 2 September 2016, the Brazilian government imposed a decree establishing a series of changes in the administration of the Brazilian Public Broadcaster (EBC). The Provisional Measure, signed by the lower house speaker, Rodrigo Maia, who is currently the acting President of Brazil while Michel Temer is attending the G20 meeting in China, dismissed the EBC’s Conselho Curador (Curator Council), a internal body mostly made up of civil society representatives, with the attribution to ensure the autonomy of public communication. The decree also states that all members of the directors board can now be dismissed by the President of Brazil. The EBC’s current chief executive officer, Ricardo Melo, was replaced by Laerte Rímoli. This was the second attempt to fire Melo since he started his mandate this year. On 17 May, Michel Temer dismissed him, but he was later reinstated on appeal by a Supreme Court’s decision that highlighted the importance of keeping EBC’s independence.“We condemn the changes imposed to the Brazilian Public Broadcaster by the government,said Emmanuel Colombié, the head of RSF’s Latin America desk.Instead of reinforcing the autonomy of public communication in the country, these new measures are weakening it further”.————————————————————————Melo, who is a journalist, was legally appointed to the position of EBC director-general two weeks ago by Dilma Rousseff before she was suspended as Brazil’s president for her impeachment trial.According to the law that created the EBC, its director-general is appointed for a four-year term that is not linked to elections or changes of government. Brazil’s president does not have the power to fire an EBC director-general and name a new one. This is supposed to guarantee the impartiality and autonomy of the agency, which is in charge of all state communication. “We condemn this decision by President Temer, which is both arbitrary and contrary to Brazilian law,” said Emmanuel Colombié, the head of RSF’s Latin America desk. “It is a clear attempt to interfere in public communication in Brazil. Information must be produced in an autonomous manner, without interference or manipulation by politicians. The EBC’s credibility is at stake.” According to the latest reports, Temer has already chosen the journalist Laerte Rimoli to replace Melo. Rimoli was the press officer of Eduardo Cunha, the former speaker of the Chamber of Deputies, during the proceedings that suspended Rousseff. He was also part of the campaign team of Aécio Neves, Rousseff’s main challenger in the last presidential election. Brazil is ranked 104th out of 180 countries in RSF’s 2016 World Press Freedom Index. Help by sharing this information Organisation Follow the news on Brazil April 15, 2021 Find out morelast_img read more

Altadena Library Launches Second Saturdays Beginning May

first_img Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday Name (required)  Mail (required) (not be published)  Website  More Cool Stuff Business News Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy Community News Subscribe 5 recommended0 commentsShareShareTweetSharePin it faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Donald CommunityPCC- COMMUNITYVirtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyPasadena Public WorksPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes First Heatwave Expected Next Week Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m.center_img Community News Altadena Library kicks off its first-ever monthly event series, Second Saturdays, with a special tribute, Beatles Sing A-Long. Guided by live band, Nowhere Men, the library will open its doors after hours, feature food and drink vendors, entertainment, & more!Nowhere Men is a group of professional musicians skilled in recreating the Beatles’ greatest hits. Come prepared to eat, dance, and sing-a-long!The library will remain open during the event so come and enjoy a break from singing by checking out the robust collection of books, DVDs, and the newly installed Inspiration Stations.This is one special night in Altadena not to miss!The program is provided free of charge, food and beverages will be on sale. The Altadena Library is located at 600 E. Mariposa St. For more information about the event and organization please visit the library’s website at www.altadenalibrary.org. EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS Top of the News HerbeautyBohemian Summer: How To Wear The Boho Trend RightHerbeautyHerbeautyHerbeautyThe Kardashians Know How To Throw A Good Party!HerbeautyHerbeautyHerbeautyThe Dos And Don’ts Of Tinder You Must KnowHerbeautyHerbeautyHerbeautyRed Meat Is Dangerous And Here Is The ProofHerbeautyHerbeautyHerbeautyA Mental Health Chatbot Which Helps People With DepressionHerbeautyHerbeautyHerbeautyWhat Is It That Actually Makes French Women So Admirable?HerbeautyHerbeauty Community News Altadena Library Launches Second Saturdays Beginning May From STAFF REPORTS Published on Tuesday, April 7, 2015 | 8:29 pm Your email address will not be published. Required fields are marked * Make a comment Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadenalast_img read more

Best Metros for Renters Looking to Buy a House

first_img Demand Propels Home Prices Upward 2 days ago  Print This Post March 23, 2021 815 Views in Daily Dose, Featured, Market Studies, News Best Metros for Renters Looking to Buy a House The incredible increase in demand for homes in 2020, something prompted by a combination of record-low mortgage rates and millennials aging into homeownership, against a very limited supply of homes for sale, resulted in rapid house price appreciation, making things difficult for potential first-time homebuyers, who mostly are current renters. That is according to a report by First American Chief Economist Odeta Kushi.”The nearly two-thirds of American households who already own homes saw their equity increase, while potential first-time homebuyers, who are nearly always renters, missed out,” Kushi said. “While low mortgage rates increase house-buying power and thus improve affordability for potential first-time buyers, low rates also boost demand and, in a supply-restricted market, accelerate house price appreciation, which in turn reduces affordability. Nationally in 2020, this tug-of-war resulted in higher purchasing power, but a smaller share of affordable homes for first-time buyers.”Kushi takes a look at renters’ homebuying power, which increased 10% compared with a year ago.”The increase is primarily the result of a significant drop in mortgage rates to a record monthly average low of 2.7%, she said. “While house-buying power increased, the share of homes for sale that a median renter could afford shrank nationally, falling to 57% in the fourth quarter of 2020, down from 61% one year ago. Even though house-buying power increased, house price appreciation eroded the affordability boost from falling mortgage rates.But that’s nationwide, and what really counts is a would-be homebuyer’s purchasing power in his/her region. Kushi’s report breaks down those specifics.The most affordable city for renters considering a first home is Oklahoma City, where the median renter could afford 86% of the homes for sale. In Q4 2020, the median house price in Oklahoma City was $184,000 and the median renter’s house-buying power was $329,000.The least affordable city is Los Angeles, by a considerable margin, Kushi pointed out, “where the median house price in the fourth quarter of 2020 was $737,000, but the median renter’s house-buying power of $373,000 left only 7% of the homes sold in Los Angeles actually affordable.”For the full report, visit First American’s blog. Previous: A Closer Look at a Record-Breaking Year Next: Mortgage Delinquencies Hit 6% Mark in February Share Save 2021-03-23 Christina Hughes Babb Sign up for DS News Daily Data Provider Black Knight to Acquire Top of Mind 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Home / Daily Dose / Best Metros for Renters Looking to Buy a House Related Articles Servicers Navigate the Post-Pandemic World 2 days ago The Best Markets For Residential Property Investors 2 days ago Demand Propels Home Prices Upward 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Christina Hughes Babb is a reporter for DS News and MReport. A graduate of Southern Methodist University, she has been a reporter, editor, and publisher in the Dallas area for more than 15 years. During her 10 years at Advocate Media and Dallas Magazine, she published thousands of articles covering local politics, real estate, development, crime, the arts, entertainment, and human interest, among other topics. She has won two national Mayborn School of Journalism Ten Spurs awards for nonfiction, and has penned pieces for Texas Monthly, Salon.com, Dallas Observer, Edible, and the Dallas Morning News, among others. The Best Markets For Residential Property Investors 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Subscribe Governmental Measures Target Expanded Access to Affordable Housing 2 days ago About Author: Christina Hughes Babb Servicers Navigate the Post-Pandemic World 2 days agolast_img read more