Tag: Housing
First it was the Irish, then Portuguese, then Brazilians – for more than 150 years, Somerville, Massachusetts, absorbed wave after wave of immigrants. Today, hipster professionals are pouring into this city next door to Boston. Somerville rents have shot up as much as 50 percent in 15 years, and a two-bedroom apartment for under $2,000…
The National Council on Aging (NCOA) has redesigned its website providing information for “house rich but cash poor” older people who want to think about tapping their home equity. Home equity – the house’s market value minus the amount owed on the mortgage – remains a largely unused source of income that many older Americans could b…
