Tag: housing
Almost half of working age households ‘behind on or struggling with housing costs’
: Two-thirds of Americans expect the housing market to crash in the next 3 years, according to one survey
Economic Report: Good news for homebuyers: The housing market is showing signs of ‘normalizing’
Despite challenges, KB Home (KBH) remains confident on housing market outlook
Shares of KB Home (NYSE: KBH) were down over 2% on Thursday. The stock has dropped 29% over the past 12 months. The company reported its earnings results for the […]
The post Despite challenges, KB Home (KBH) remains confident on housing market outlook first appeared on AlphaStreet.
: Student-loan repayment pause helped young people ‘participate in the recent housing boom’
Meta Releases New Government-Backed Ad Delivery System After Housing Discrimination Lawsuit
Nearly seven months have passed since Meta agreed to settle a Department of Justice lawsuit accusing the company of illegally allowing discrimination against its users based on race and other characteristics in its housing advertising system. Now the company says it’s finally ready to release a new machine learning…
Meta’s new ad system addresses allegations that it enabled housing discrimination
Meta’s launching a new ad distribution system in the US as part of the settlement it reached with the US Department of Justice (DOJ) last year. In an announcement on its site, Meta says its new Variance Reduction System (VRS) will create a more “equitable distribution of ads” on the company’s platforms, addressing claims that the platform propagated housing discrimination by letting advertisers exclude protected groups from their marketing campaigns.
Meta has contended with these kinds of accusations for years, dating back to a 2016 report from ProPublica that reveals how advertisers could shut out users based on their race.
Things came to a head when the Department of Housing and Urban Development (HUD) filed a lawsuit against the…