Affordable Housing

Rent control legislation tabled at Roundhouse

64 Views  Â SANTA FE, N.M. (KRQE) – A proposal to let New Mexico communities enact rent control has stalled at the Roundhouse. “Rent prices have skyrocketed and even the basic increase in wages that we instituted in 2019 are insufficient by far,” says Rep. Patricia Roybal Caballero (D- Albuquerque).

Parents pay at least one monthly bill for 40 percent of millennials

58 Views  Â In a new survey, two-fifths of millennials say their parents still pick up one or more of their monthly bills.  And the most common parental subsidy is the largest: housing. Twenty-four percent of millennials say Mom or Dad pay their rent, and 17 percent say parents cover a

New Mexico lawmakers look to repeal the ban on rent control legislation

99 Views  Â SANTA FE, N.M. (KRQE) – A pair of lawmakers are moving to end the state’s ban on rent control. Senate Bill 99 is a rather short document—just one page. All it’s aiming to do is get rid of the ban on rent control legislation and let local governments decide for themselves.

Predictions for the New Mexico housing market in 2023

94 Views  Â ALBUQUERQUE, N.M. – A forecast shows higher interest rates are expected to lead to a 3% decline in house sales this year in Albuquerque. However, home prices and rental rates are still expected to go up. Elected leaders are calling this a housing crisis.

New Mexico families hit hard by inflation

214 Views  Â “The hardest part to me is uncertainty. I can never be sure when I go to the store what I’m going to pay,” New Mexico resident Harry Whiting said. ALBUQUERQUE, N.M. — The impact of inflation has affected many New Mexicans. A recent poll from Albuquerque Journal shows inflation

New Mexicans calling for rent control as living costs surge

224 Views  Â “People are price gouged out of their homes. Often onto the street if they don’t have other options,” said Desaulniers. Rent prices are surging in New Mexico. Ana Lee Desaulniers is the organizer of the People’s Housing Project. Desaulniers said, “this whole argument around, ‘we just need more