Source: South China Morning Post — Alfred Chen, a 44-year-old engineer in Hangzhou, had been thinking about moving to a bigger home and taking his parents with him. An extra bathroom for the elderly parents would be great, he thought. He had kept an eye on the...
Source: ABC News — Sophie* and her partner are relieved to have a roof over their heads after a nightmare experience looking for a rental in inner Brisbane. With their lease coming to an end, Sophie turned all her attention to finding a new place. A two-bedroom...
Source: The Guardian — Across the world house prices are breaking records – but this time it is because of how fast they are falling. Houses in Stockholm are now selling for 20% less than their peak, Sydney prices are down by almost 14% over the year, while in...
Realogics Sotheby’s International Realty (RSIR) released its 2023 Forecast Report, a macroeconomic housing report authored by Pacific Northwest brokerages who have analyzed the trends in 2022, evaluated what’s occurred so far in Q1 for 2023 and are focused on...
Source: Bloomberg — Welcome to Money Distilled. I’m John Stepek. Every week day I look at the biggest stories in markets and economics, and explain what it all means for your money. Could US Housing Crash The Economy? I’ve realised that one of the phrases I use...
Source: This Day — The Chief Executive Officer, Wealth Island Properties Africa, Mr. Tade Cash in this interview with Kayode Tokede speaks on the impact of high interest rates environment on developers, among other property investment-related issues in Nigeria...