EHOC Files Fair Housing Complaints Against 14 Senior Housing Providers in St. Louis area

By , on September 26th, 2009

ehoc equal housing opportunity commission

As a result of its recent report on senior housing, EHOC announced on September 23, 2009, that it was filing 14 fair housing complaints against senior housing providers in the St. Loius area with the United States Department of Housing and Urban Development (HUD).

Complaints are being filed against the following senior communities in St. Louis County: Brentmoor Retirement Community; Mari De Villa; Pacific Place; The Fountains of West County; McKnight Place Assisted Living; National Healthcare Corporation (which has facilities in both St. Louis County and St. Charles County); The Rockwood; and Tesson Heights. Complaints were filed against the following St. Charles County communities: Twin Oaks Estate; Fairwinds at River’s Edge, National Healthcare Corporation (which has facilities in St. Louis County and St. Charles County), Park Place at Winghaven and Heritage of Hawk Ridge. EHOC also is filing complaints against several Illinois communities: The Fountains Communities (which includes The Bridges of Columbia and The Fountains of Granite City only) and Sycamore Village. Continue reading “EHOC Files Fair Housing Complaints Against 14 Senior Housing Providers in St. Louis area“

Beware The False Bottom In Housing

By , on August 28th, 2009

 

Charles Hugh Smith, Of Two Minds

Charles Hugh Smith, Of Two Minds

By: Charles Hugh Smith:

In February 2007 I suggested a 4% mortgage delinquency rate could trigger a decline in the entire housing market. Since that proved prescient, we should revisit the analytic tool behind that call: the Pareto Principle.

There is a whiff of euphoria in the housing market, a heavily touted confidence that “the bottom is in.” It’s all roaring back–rising sales, multiple bids by anxious buyers, 3.5% down payments, low mortgage rates and the bonus of an $8,000 first-time home buyer credit (a gift from U.S. taxpayers). Housing Lifts Recovery Hopes (Wall Street Journal) Continue reading “Beware The False Bottom In Housing“

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