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A Punishing Housing Market Is Squeezing Renters

Higher mortgage rates and slowing residential construction are again giving landlords the upper hand.

© Grant Hindsley for The New York Times

Higher mortgage rates are pushing aspiring homeowners to keep renting, intensifying competition in the rental market.
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Public Colleges Are Passing the $50,000-a-Year Mark. For Locals.

At the University of California campuses in Berkeley, Irvine and Santa Barbara, students get an unwitting education in navigating the housing market.

The University of California, Santa Barbara, recently said incoming undergraduates would be guaranteed on-campus housing for just two years, up from one before.
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Mortgage Rates Remain Above 7%, Pushing Home Prices Lower in Some Areas

The 30-year, fixed-rate mortgage dropped slightly to 7.32 percent as prospective home buyers continue to struggle with affordability. But home prices are starting to drop in some areas.

© Celeste Noche for The New York Times

Sellers are reconsidering market conditions and repricing their homes, which can give buyers an opening.
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In San Francisco, a Family Earning $325,000 Qualifies for Government Aid

With the A.I. boom driving up prices, the city is subsidizing child care for households with high incomes. Even with the help, families say they are struggling.

© Christie Hemm Klok for The New York Times

Natsumi Makiyama and John Marman, a married couple in San Francisco, together make just under $235,000, qualifying them for free child care under a city program.
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