Category : Housing/Real Estate Market

(Church Times) In face of opposition, Dean of Ripon seeks views on proposed cathedral annexe

The Dean of Ripon, the Very Revd John Dobson, is urging people in the diocese of Leeds to respond to an extended consultation on plans to build an annexe to the cathedral, which is said to be “bursting at the seams”…

Building plans for the renovation — Ripon Cathedral Renewed — have already been approved by Historic England and all the cathedral’s regulators, including the Fabric Advisory Commission. But about 2000 people have signed a petition opposing the annexe.

Ripon Cathedral was the first minster church since the Reformation to be given cathedral status, in 1836. Unlike those that came later, it was never adapted or extended in any way; consequently, it has no lavatories — the cathedral pays the council to keep open the public lavatories across the road in Minster Gardens — no safe space for choristers to change and rehearse, no refectory, no communal meeting space, and no storage space.

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Posted in Church of England (CoE), Housing/Real Estate Market, Parish Ministry, Urban/City Life and Issues

(NYT front page) Americans Live Far From Work, Given a Choice

In 2020, Virginia Martin lived two and a half miles from her office. Today, the distance between her work and home is 156.

Ms. Martin, 37, used to live in Durham, N.C., and drove about 10 minutes to her job as a librarian at Duke. After the onset of remote work, Ms. Martin got her boss’s blessing to return to her hometown, Richmond, Va., in March 2022, so she could raise her two young children with help from family.

As an ’80s-born “child of AIM,” Ms. Martin said of AOL instant messaging, it hadn’t been hard for her to maintain co-worker friendships online. She drives back to the office several times a year for events, most recently for the December holiday party.

Ms. Martin is part of today’s growing ZIP code shift: She is one of the millions of Americans who, thanks to remote and hybrid work, no longer lives close to where she works.

Read it all.

Posted in * Economics, Politics, Blogging & the Internet, Children, Economy, History, Housing/Real Estate Market, Labor/Labor Unions/Labor Market, Marriage & Family, Science & Technology

(Post and Courier) Lowcountry South Carolina Growing pains may hit St. George with proposed ‘cluster’ housing development

ST. GEORGE —The tiny town in northwest Dorchester County might be getting some new next-door neighbors, and more, in one residential influx than it has ever seen before.

If approved by the county, a “cluster” housing development proposed by the D.R. Horton, a national builder, would bring more than 330 new homes and a new zoning designation for roughly 300 rural acres near the “Town of Friendly People.”

While the development would land on Sugar Hill Road outside town limits, St. George would provide water to the development while Dorchester County Water and Sewer would provide sewer services, said Kiera Reinertsen, the county’s planning director. The development would also add an estimated 100 students to Dorchester School District Four and draw on services and amenities from St. George’s Fire Station Nine, Davis-Bailey Park and the town’s library.

“We’ve never had this many houses come in at one time since I’ve been here,” said Mayor Kevin Hart, who has lived in the town for 35 years.

Read it all from the local paper.

Posted in * South Carolina, Economy, Housing/Real Estate Market

(WSJ) The Math for Buying a Home No Longer Works. These Charts Show You Why.

Homeownership has become a pipe dream for more Americans, even those who could afford to buy just a few years ago.

Many would-be buyers were already feeling stretched thin by home prices that shot quickly higher in the pandemic, but at least mortgage rates were low. Now that they are high, many people are just giving up.

It is now less affordable than any time in recent history to buy a home, and the math isn’t changing any time soon. Home prices aren’t expected to go back to prepandemic levels. The Federal Reserve, which started raising rates aggressively early last year to curb inflation, hasn’t shown much interest in cutting them. Mortgage rates slipped to about 7% last week, the lowest in several months, but they are still more than double what they were two years ago.

Typically, high mortgage rates slow down home sales, and home prices should soften as a result. Not this time. Home sales are certainly falling, but prices are still rising—there just aren’t enough homes to go around. The national median existing-home price rose to about $392,000 in October, the highest ever for that month in data that goes back to 1999.

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Posted in * Economics, Politics, Children, Economy, Housing/Real Estate Market, Marriage & Family, Personal Finance, Young Adults

(Telegraph) Ambrose-Evans-Pritchard–A rising wave of property defaults threatens hundreds of US banks

America’s commercial property collapse is becoming a danger to the financial system.

Office blocks purchased with debt remain half empty, 18 months after the end of the pandemic. Thousands of buildings will have to be torn down. Hundreds of regional banks are sitting on crippling losses that they yet to acknowledge.

“It’s a trainwreck in slow motion,” said Professor Stijn Van Nieuwerburgh, a property and finance expert at Columbia University.

“The return to the office isn’t happening. Data from turnstile swipes shows that occupancy levels are still just 49pc of where they used to be. It has been stable for a year and a half,” he said. Sensors tracking physical presence in offices tell the same story. Hybrid work is here to stay.

Read it all (subscription).

Posted in * Economics, Politics, Economy, Globalization, Housing/Real Estate Market, The Banking System/Sector

(Southwark news) Walworth cafe and bakery moves into church crypt

A Walworth bakery and cafe is baking its loaves from the bowels of a Georgian church after saying its rent became unaffordable.

Independent eatery Louie Louie has renamed itself Saint Louie after relocating to the crypt inside St Peter’s Church, on Sunday, October 15.

The cafe’s owners have said they are “delighted” by the move and that its products will be cheaper thanks to a more affordable rent.

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Posted in * Economics, Politics, Church of England, Dieting/Food/Nutrition, Economy, Housing/Real Estate Market, Parish Ministry

(Bloomberg) Nearly Half of All Young Adults Live With Mom and Dad — and They Like It

Nearly half of all young adults are living with their parents — and they’re not ashamed to say it.

Moving out and living on your own is often seen as a marker of adulthood. But dealt an onerous set of cards — including pandemic lockdowns, decades-high inflation, soaring student debt levels and a shaky job market — young people today are increasingly staying put. What’s more, it’s no longer seen as a sign of individual failure.

Almost 90% of surveyed Americans say people shouldn’t be judged for moving back home, according to Harris Poll in an exclusive survey for Bloomberg News. It’s seen as a pragmatic way to get ahead, the survey of 4,106 adults in August showed.

“We’re in an economy where it’s harder to live independently,” said Carol Sigelman, professor of social psychology at George Washington University. “Adults recognize that it’s tough these days.”

Read it all.

Posted in * Economics, Politics, Children, Economy, Housing/Real Estate Market, Marriage & Family, Young Adults

(LA Times) Home insurance and climate change have collided — and we’re all going to pay for it

As another legislative session draws to a close in Sacramento, the problem lawmakers failed to fix is one of the most urgent facing Californians: the slow-moving collapse of the property insurance market as costs from climate disasters mount.

It “is not even a yellow flag issue. This is a waving red flag issue,” Gov. Gavin Newsom said Tuesday night when asked about the failure of the Legislature to act.

This year, multiple companies, including the state’s largest home insurer, State Farm, have announced they are no longer taking on new residential and commercial properties, citing wildfire risk. In fact, seven of the 12 insurance groups operating in California — together, responsible for about 85% of the market — have pulled back.

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Posted in * Economics, Politics, Climate Change, Weather, Consumer/consumer spending, Ecology, Economy, Energy, Natural Resources, Housing/Real Estate Market, Personal Finance

Anglican Diocese of South Carolina Moving to Purchase Land for Camp and Retreat Center

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Posted in * Anglican - Episcopal, * South Carolina, Housing/Real Estate Market, Parish Ministry, Stewardship

The Parish Church at Habersham in the Diocese of South Carolina nears groundbreaking for new Common Worship building

I am pleased to update you that we have crossed another important milestone in the progress we are making towards our church sanctuary construction. Since the beginning of the initiation of our contract with Habersham Land Company, the transfer of the property has been contingent upon the financing.

As you know, we have raised the pledge commitments over a number of years, therefore a bridge loan from a lending institution was needed. More specifically, we needed to provide a loan commitment letter from a Bank to prove we could, in fact, build the building.

We have believed for a few months now, that we had enough money in pledges and cash on hand to prove that a bank would want to enter into a loan relationship with us. However, this past Wednesday, the first bank did extend a commitment letter to us. Therefore, what we hoped for and saw good reason to believe would happen, has happened. We have satisfied the conditions to close on the property.

Read it all.

Posted in * Anglican - Episcopal, * South Carolina, Housing/Real Estate Market, Parish Ministry, Stewardship

([London Times) In England, A Record number of children are living in temporary accommodation

A record number of children are living in temporary accommodation, as the level of homelessness in England soars.

The housing department revealed on Tuesday that 104,510 households were in temporary accommodation by the end of March this year — a 25-year high.

The total number of children in the same situation is at the highest level since records for that measure began in 2004, with 131,370 children living in temporary accommodation.

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Posted in * Culture-Watch, Children, England / UK, Housing/Real Estate Market

(Independent) William cites mother’s influence as he unveils drive to eradicate homelessness

The Prince of Wales has described how his mother’s influence helped shape his attitudes to homelessness as he revealed three UK locations where he hopes to eradicate the issue.

William visited three contrasting areas – Newport, South Wales, three neighbouring Dorset towns and the south London Borough of Lambeth – where his ambitious initiative Homewards aims to bring together business, charities and local authorities to tackle the problem.

During his tour of the UK, he warned: “It’s the young I’m particularly worried about, the sofa surfing and the hidden homeless, there’s a lot we don’t see and we have to try and get those who are lost.”

Read it all.

Posted in * Economics, Politics, Economy, England / UK, Housing/Real Estate Market, Personal Finance, Politics in General

A Quite Amazing WSJ Article on the only Residential Community in the USA INSIDE a Disney Resort– Golden Oak, Florida

Janis Scaramucci’s bedroom is decorated with paintings of Disney castles. In her office, a recessed ceiling in the shape of a Mickey Mouse head is painted in black glitter. The feet of her dining room table are made from coffee mugs featuring Mickey and Winnie the Pooh. And in her closet hangs a series of colorful Disney outfits, including a red skirt appliquéd with characters from the movie “Ratatouille.”

Welcome to Golden Oak, the only residential community in the world located on Walt Disney Co. resort property.

Ms. Scaramucci, a divorced 63-year-old Disney enthusiast and art collector, bought a $2.52 million home in the Orlando, Fla., community a few years ago after feeling dissatisfied with life in her suburban neighborhood in Edmond, Okla. Now, she spends her days riding roller coasters, attending nature conservation programs at Disney’s Animal Kingdom theme park, and traveling to destinations such as Antarctica on Disney cruises…..

But Mr. [Kevin] Tupy said that, in his experience, politics doesn’t come up much when Golden Oak residents get together.

“Disney is more of a religion,” he said. “We worship the mouse.”

Read it all.

Posted in * Culture-Watch, * Economics, Politics, America/U.S.A., Economy, Housing/Real Estate Market, Movies & Television, Personal Finance

(WSJ) Homelessness Worsens in Older Populations as Housing Costs Take Toll

Debbie Sholley always imagined she would be living comfortably by the time she reached her golden years.

Instead, the 62-year-old former social worker worries she will soon be living on the streets of this growing city, after her landlord raised the rent more than she can afford.

“I think about what it would be like, and it’s scary. Where am I going to go?” said Ms. Sholley, whose ailing husband died of Covid-19 in 2020 and who suffers from various lung ailments that keep her from working anymore. “I never thought I’d be in this position.”

Ms. Sholley is one of a rising number of older people around the country who are on the verge of homelessness or now living on the streets after falling on hard times. Homeless shelters and aging-service groups in numerous cities say they are seeing more elderly people in desperate need of housing than in years past. A confluence of factors are driving the increase, they say, including soaring rents, a nationwide shortage of affordable housing and the winding down of pandemic-related aid programs such as the federal eviction moratorium.

Read it all.

Posted in * Culture-Watch, Aging / the Elderly, America/U.S.A., Housing/Real Estate Market, Poverty

(Front page of yesterday’s NYT) As Gen X and Boomers Age, They Confront Living Alone

In 1960, just 13 percent of American households had a single occupant. But that figure has risen steadily, and today it is approaching 30 percent. For households headed by someone 50 or older, that figure is 36 percent.

Nearly 26 million Americans 50 or older now live alone, up from 15 million in 2000. Older people have always been more likely than others to live by themselves, and now that age group — baby boomers and Gen Xers — makes up a bigger share of the population than at any time in the nation’s history.

The trend has also been driven by deep changes in attitudes surrounding gender and marriage. People 50-plus today are more likely than earlier generations to be divorced, separated or never married.

Women in this category have had opportunities for professional advancement, homeownership and financial independence that were all but out of reach for previous generations of older women. More than 60 percent of older adults living by themselves are female.

Read it all.

Posted in * Culture-Watch, Aging / the Elderly, Children, Economy, Health & Medicine, Housing/Real Estate Market, Marriage & Family, Psychology

(LA Times) How San Diego achieved surprising success housing homeless people

…as The Times reported in July, San Diego has dramatically outperformed its neighbors to the north. Despite San Diego’s tight housing market, 100% of its emergency housing vouchers issued since June 2021 have placed people into permanent housing.

Two factors may have helped San Diego succeed where other cities are struggling, housing advocates and experts across the country told The Times.

First, fewer people fall through the cracks in San Diego’s system. In other cities, applicants may shuffle among as many as four organizations. San Diego’s housing commission minimized the number of agencies and individuals whom clients have to deal with as they apply for vouchers, wait for approval, and — the hardest part — search for housing. In San Diego, most voucher applicants interact with at most two agencies before they are placed in a home.

Second, the city calculates how much vouchers are worth on a neighborhood-by-neighborhood basis, rather than using a flat rate across the city, making the vouchers much more flexible.

Read it all.

Posted in Housing/Real Estate Market, Poverty, Urban/City Life and Issues

(Church Times) Archbishops’ Council pledges £2 million to house vulnerable people

The Archbishops’ Council has pledged £2 million of its £25-million Social Impact Investment Programme to a fund that delivers supported accommodation across the UK, it was announced on Tuesday.

The second Social and Sustainable Housing Fund (SASH II), which is managed by Social and Sustainable Capital, allows charities and organisations to acquire and own portfolios of property to provide high-quality housing and targeted support to vulnerable people.

A first SASH fund in 2019 deployed £64.5 million to 20 organisations. SASH II aims to pool £125 million to help more than 30 organisations purchase 1000 properties, which it says would provide homes for 10,000 people over the life of the fund, including people who are homeless or at risk of homelessness, fleeing domestic violence, experiencing mental illness or substance addiction, ex-offenders, asylum-seekers, and young people leaving care.

Current estimates suggest that as many as 200,000 people in the UK are living in temporary, transitional housing.

Read it all.

Posted in Church of England, England / UK, Housing/Real Estate Market, Parish Ministry, Religion & Culture, Stewardship

(BBC) Bristol warm places scheme welcomes first residents

New mothers and the elderly are among the first to take advantage of a warm spaces scheme to help people struggling to afford to heat their own homes.

Cafes, churches and libraries across Bristol are opening their doors as energy prices rise this winter.

The city council asked businesses and public buildings to join the scheme in the summer.

As well as warmth, many of the spaces are offering services like financial advice and homework support.

A cafe in the Wellspring Settlement community centre in Barton Hill is taking part in the initiative twice a week and is also providing food.

People are only asked to pay what they can afford, with the rest subsidised by the council.

Read it all.

Posted in Church of England, Energy, Natural Resources, Housing/Real Estate Market, Parish Ministry, Pastoral Care, Personal Finance, Stewardship

(Local paper front page) Huge rent increases have CharlestonSC-area residents questioning if they should move

Two years of huge rent increases in the already-expensive Charleston area have caused some tenants to take extra jobs, consider relocating to the rural edges of the suburbs or leave altogether for more affordable cities.

Stress-inducing monthly rates have radiated out from the pricey Charleston peninsula and Mount Pleasant to once-affordable places such as West Ashley, North Charleston and Summerville.

In September, according to Apartment List, the median yearly rent for an apartment in Ladson — some 20 miles from downtown Charleston — was $5,292 higher than it was two years earlier.

“I went in (to the rental office) today in tears,” said the Rev. Jo Anna Fallaw, a disabled single mother on leave from her work as a Methodist pastor. “I can see how someone could end up on the street.”

Read it all.

Posted in * South Carolina, Housing/Real Estate Market, Personal Finance

(Economist) China’s Ponzi-like property market is eroding faith in the government

The 120km train ride between the cities of Luoyang and Zhengzhou is a showcase of economic malaise and broken dreams. From the window endless, half-built residential towers pass one after another for the duration of the hour-long journey. Many of the buildings are near completion; some are finished and have become homes. But many more are skeletons where construction ceased long ago. Developers have run out of cash and can no longer pay workers. Projects have stalled. Families will never get their homes.

The train ride through China’s heartland helps to explain one of the country’s biggest crises in recent memory: the public’s loss of confidence in the government’s economic model. For decades the property industry has been symbolic of China’s rise. Private entrepreneurs have made vast fortunes. Average people have witnessed their net worth soar as home values trebled. Local governments have filled their coffers by selling vast tracts of land to developers. An astonishing 70% of Chinese household wealth is now tied up in real estate.

To undermine trust in this model is to shake the foundations of China’s growth miracle. With sweeping covid-19 lockdowns and a crackdown on private entrepreneurs, this is happening on many fronts. But nowhere is it clearer than in the property industry, which makes up around a fifth of gdp….

Read it all.

Posted in * Economics, Politics, China, Economy, Housing/Real Estate Market

The South Carolina Supreme Court Approves Petition for Rehearing Sought by Six Parishes of the Anglican Diocese of South Carolina

[Diocesan PR] Columbia, S.C. (August 17, 2022) – [Yesterday], the South Carolina Supreme Court granted petitions for rehearing filed by six of seven parishes of the Anglican Diocese of South Carolina.

“We are grateful and heartened that the property rights of six more parishes were affirmed by this ruling,” said the Rev. Canon Jim Lewis. “Today we rejoice with those who rejoice and mourn with those who mourn, but the balance is with rejoicing.” With today’s revised opinion, all property ownership questions are finally settled.

The six churches whose petitions were granted today are: the Church of the Holy Cross (Stateburg), the Church of the Holy Comforter (Sumter), St. Jude’s Church (Walterboro), Old St. Andrew’s (Charleston), St. Luke’s Church (Hilton Head) and Trinity Church (Myrtle Beach).

These six churches, along with 21 others, have now had their property rights affirmed by the Supreme Court. Today’s opinion followed the Court’s earlier April 20 ruling in determining if a parish had created a trust interest in its property in favor of The Episcopal Church (TEC) or its local Diocese (TECSC). Four of the parishes in today’s ruling were judged to have never created a trust, based on that earlier standard. Two more were judged to have created a revocable trust, which they subsequently and properly revoked.

The earlier April 20 ruling stated that 15 parish properties of the Anglican Diocese of South Carolina will also remain with the Anglican Diocese. They are: All Saints, Florence; Church of our Savior, John’s Island; Church of the Cross, Bluffton; Christ-St. Paul’s, Yonges Island; Epiphany, Eutawville; Redeemer, Orangeburg; Resurrection, Surfside/Myrtle Beach; St. Helena’s, Beaufort; St. Paul’s, Bennettsville; St. Paul’s, Summerville; St. Philip’s, Charleston; St. Luke & St. Paul, Charleston; St. Michael’s, Charleston; Trinity, Edisto; and Trinity, Pinopolis. Of the 36 parishes that were parties to this litigation, 28 have had their property rights upheld. All 36 will continue their parish ministries going forward, though some in new locations.

Only one additional parish, the Church of the Good Shepherd, Charleston was ruled today to have created a trust interest in their property on behalf of TEC and TECSC.

In addition to the Church of the Good Shepherd, the April 20 opinion called for transfer of the deeds to Christ Church, Mt. Pleasant; Holy Trinity, Charleston; St. Bartholomew’s, Hartsville; St. David’s, Cheraw; St. Matthew’s, Fort Motte; St. James, Charleston and St. John’s, Johns Island to the Episcopal Church and it’s local diocese, the Episcopal Diocese of South Carolina.

Conversations between the Anglican Diocese, its parishes and the Episcopal Diocese concerning these properties are ongoing. Anglican Diocese Bishop Charles F. Edgar has met with Bishop Ruth Woodliff-Stanley, the leader of the Episcopal Diocese several times to reach resolution on the remaining questions.

Posted in * South Carolina, Housing/Real Estate Market, Law & Legal Issues, Parish Ministry

Church Commissioners appoint planning specialist Jennifer Longstaff to aid affordable housing delivery

Longstaff will help drive forward the Church Commissioners’ ambitions for affordable housing delivery, particularly in rural areas, across the Church Commissioners’ land portfolio.

The Commissioners’ real asset portfolio includes significant landholdings, which have a critical role to play in supporting rural communities and maintaining their vibrancy across the country, including through the delivery of new housing.

A chartered member of the Royal Town Planning Institute, Longstaff has nearly 15 years’ experience working for Savills undertaking project development and securing planning permissions to support new developments, including rural housing.

At Savills, she managed several smaller development sites, as well as successful larger housing and mixed-use projects across the North of England. She also worked closely with the Church Commissioners’ teams as a development consultant on their rural housing projects across England, with great success.

Read it all.

Posted in Church of England (CoE), England / UK, Housing/Real Estate Market, Religion & Culture

From the Standing Committee of the Anglican Diocese of South Carolina

This week, after much prayer and discussion as well as consultation with legal counsel, the Trustees and the Standing Committee of the Anglican Diocese of South Carolina unanimously decided not to seek a rehearing of the April 20 opinion from the South Carolina Supreme Court. Many of the parishes have reached this same conclusion, although eight* of those named in the lawsuit filed a petition yesterday for rehearing, based on their specific and unique circumstances. Several questions remain about how this decision will be implemented, including that of the betterments statute, which may have implications on how these issues are finally resolved.

Nevertheless, we are preparing for the next steps in bringing this dispute to a resolution and charting a creative path forward for the entire diocese, especially our affected parishes and our summer camp. These ministries will continue. Ministry does not depend upon geography as much as it depends upon the faithfulness of the Lord and the Spirit working in the people of God.

This news will no doubt be met with mixed emotions. While we are thankful that many of the parishes in the lawsuit have retained their property, we grieve as we face the loss of sacred spaces where generations have worshipped and met Jesus.

In his pastoral letter, Bishop Edgar reminded us that “the ministry of this diocese to a confused and broken world is dependent on God’s mercy and call, not on our property and resources.” This truth does not lessen our grief, but we grieve as a people with hope (1 Thess 4:13). God remains faithful, Christ still sits on the throne, and our mission remains clear – to proclaim the death, resurrection, and Lordship of Jesus. We will continue to do so boldly, even as we grieve, certain of our strong bonds of fellowship and the Easter hope of the resurrected Christ.

The Rev Tyler Prescott, President

The Standing Committee
The Anglican Diocese of South Carolina
Anglican Church in North America
126 Coming Street
Charleston, SC 29413

tylerp [at]goodsamaritansummerville[dot] org

* Parishes filing Petitions
1. Christ Church, Mt. Pleasant
2. Good Shepherd, Charleston
3. Holy Comforter, Sumter
4. Holy Cross, Stateburg
5, Old St. Andrews, Charleston
6. St. Jude’s, Walterboro
7. St. Luke’s, Hilton Head
8 Trinity, Myrtle Beach

Posted in * South Carolina, Ethics / Moral Theology, History, Housing/Real Estate Market, Law & Legal Issues, Parish Ministry

Churches unite to build new affordable homes

North East Churches Acting Together (NECAT) – with members including the Church of England, Roman Catholic, Baptist, URC and Methodist churches as well as independent churches – has commissioned consultants to advise on potential sites for affordable housing development.

Schemes being considered include supported accommodation for groups including older people and people with learning disabilities.

The move comes after the group held two conferences on housing and homelessness in the region in recent years.

Revd Joanne Thorns, a Church of England priest and Regional Officer for NECAT, has been working with Chris Beales, a member of the Church of England’s Housing Executive Team.

“We know that in comparison to London and other areas, house prices are not as high here in the North East,” she said.

Read it all.

Posted in Ecumenical Relations, England / UK, Housing/Real Estate Market, Parish Ministry, Religion & Culture

How a plot of unused church land helped families priced out of the housing market

St John’s Church in Keswick in the Lake District made half a hectare of land next to its graveyard that was too stony and waterlogged for burials available to the town’s then newly-formed Community Housing Trust.

The land now has 11 three-bedroomed houses and the trust has gone on to build a further 30 homes in the town on other plots. The latest four – three, three-bedroomed houses and one two-bedroom house – were built on land provided by the Methodist Church on the site of a demolished church hall.

Around half the homes built by the trust are for shared ownership and the other half are let out at rents that are truly affordable in perpetuity – measured in relation to local earnings, not market rents.

Bill Bewley, the Chair of Keswick Community Housing Trust, believes that up to 200 people have been housed as a result of the trust’s work so far with further potential plots of land for housing being explored.

Read it all.

Posted in Church of England (CoE), Housing/Real Estate Market, Parish Ministry, Stewardship

Alan Haley Analyzes what happened in the Oral Arguments Wednesday before the South Carolina Supreme Court in the TEC in SC/Anglican Diocese of SC Case

If anything remained clear at the conclusion, it was this: the current Justices will have to do the homework of looking carefully at all the documentary evidence in the record in order to feel comfortable with any final ruling they make. There has been too much legal bias and posturing in the past — like the claim that All Saints Waccamaw was no longer the law in South Carolina, when it clearly was; or like the claim that the Court was required to “defer” to the unilateral decisions by ECUSA in matters of property law (as opposed to religious doctrine).

The reason for much of that bias and posturing, it has to be said, should be laid at the feet of the now recused, but in 2017 highly partisan, Justice Kaye Hearn — aided and abetted by retired Justice Pleicones. Together, their unified front against (former) Chief Justice Toal seems to have deprived her of the command of the law and the authority she wielded to great effect in achieving the unanimous decision eight years before, in the All Saints Waccamaw case. They appear to have determined that she not be allowed to treat ECUSA in the same fashion again, and alas, if that was their goal, they succeeded. Fortunately, that success may not be lasting, if the current justices prove up to the evidentiary task before them.

Trying to make the Court’s work less burdensome, by having the parties pare down the record, Chief Justice Beatty admitted at the end, had been a mistake. The complex cannot be made simple in that way. There will be no easy out for this Court, and I predict we will have to wait a good many months for a consensus to emerge. Given the facts as we all know them from the history of the last twenty-odd years, there is no reason, in my humble opinion, why there should not be another 5-0 decision in this case.

Read it carefully and read it all and make sure to take the time to follow the links.

Posted in * South Carolina, Church History, Ethics / Moral Theology, History, Housing/Real Estate Market, Law & Legal Issues, Parish Ministry, Religion & Culture, Stewardship, TEC Conflicts, TEC Conflicts: South Carolina

The Church of England’s First Social Impact Investment to provide housing for vulnerable women

The Women in Safe Homes fund is a joint venture between fund managers Resonance and Patron Capital, working in partnership with specialist organisations to provide safe, stable and affordable homes for vulnerable women and their children who are homeless or at risk of homelessness. The fund aims to house 6,000 women over its lifetime.

The Social Impact Investment Programme, was established within The Archbishops’ Council earlier this year with £16 million of grant funding from the Church Commissioners for England. The programme exists to deploy social investment capital to advance the Church of England’s missional objectives and will support projects which share the Church of England’s Christian values and benefit society.

This first investment will support the purchase and refurbishment of properties which are then leased to women’s support organisations who in turn, let them at affordable rates to vulnerable women at risk of homelessness, whilst also providing them with individualised and specialist support. Many of these women will have been victims of domestic abuse or victims of exploitation or are leaving prison. Safe and stable accommodation is critical to helping them rebuild their lives. There are many Church of England and other faith-based organisations working with vulnerable women and this investment further supports their mission.

Read it all.

Posted in Church of England (CoE), Housing/Real Estate Market, Women

(FT) Grade I to net zero: can historic houses be made energy efficient?

Lymm Hall is an Elizabethan manor house built in 1603. It is Grade II* listed, making it among England’s most protected properties and creating a problem for its owner Kit Knowles, who is attempting to bring the hall up to modern standards of energy efficiency.

“We have an incredibly effective guide for creating high-performance buildings. But there are a lot of issues with applying that to historic buildings,” says Knowles, who runs Ecospheric, which works on pioneering sustainable development projects. Lymm Hall is a test bed for the company’s work to retrofit historic properties and, ultimately, will be a home for Knowles and his family too.

The house, in Cheshire, has some very particular issues: “It has a cockfighting pit, a moat and an icehouse, each protected in their own right,” Knowles says.

While some of the challenges at Lymm Hall are unique, the problem of how to make old buildings more energy efficient and end their reliance on polluting heating systems cascades through the UK’s property market. And it is a problem that must be solved if the UK is to meet its goal of achieving net zero greenhouse gas emissions by 2050.

Read it all.

Posted in Ecology, Energy, Natural Resources, History, Housing/Real Estate Market, Science & Technology

(NYT) How an 11-Foot-Tall 3-D Printer Is Helping to Create a Community

Pedro García Hernández, 48, is a carpenter in the southeastern Mexican state of Tabasco, a rainforest-shrouded region of the country where about half of the residents live below the poverty line.

He ekes out a living making about 2,500 pesos ($125.17) a month from a tiny workspace inside the home he shares with his wife, Patrona, and their daughter, Yareli. The home has dirt floors, and during Tabasco’s long rainy season, it’s prone to flooding. Dust from his construction projects coats nearly everything in the home, clinging to the bedroom walls, the pump toilet and the counters of his makeshift kitchen.

But that will soon change. In a matter of months, Mr. Hernández and his family are moving to a new home on the outskirts of Nacajuca, Mexico: a sleek, 500-square-foot building with two bedrooms, a finished kitchen and bath, and indoor plumbing. What’s most unusual about the home is that it was made with an 11-foot-tall three-dimensional printer.

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Posted in Economy, Housing/Real Estate Market, Mexico, Science & Technology

(Bloomberg) The Global Housing Market Is Broken, and It’s Dividing Entire Countries

Soaring property prices are forcing people all over the world to abandon all hope of owning a home. The fallout is shaking governments of all political persuasions.

It’s a phenomenon given wings by the pandemic. And it’s not just buyers — rents are also soaring in many cities. The upshot is the perennial issue of housing costs has become one of acute housing inequality, and an entire generation is at risk of being left behind.

“We’re witnessing sections of society being shut out of parts of our city because they can no longer afford apartments,” Berlin Mayor Michael Mueller says. “That’s the case in London, in Paris, in Rome, and now unfortunately increasingly in Berlin.”

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Posted in Anthropology, Economy, Ethics / Moral Theology, Globalization, Housing/Real Estate Market, Personal Finance & Investing, Politics in General