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Hong Kong Residents Wait an Average of 5.3 Years for Public Housing Apartments

Hong Kong Residents Wait an Average of 5.3 Years for Public Housing Apartments

by Phil Hall | Aug 2, 2023 | Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

Hong Kong residents in search of an apartment in the city’s public housing system will need to exercise patience – a lot of patience. According to a report in the South China Morning Post, the average waiting time for a Hong Kong public rental unit is 5.3 years....
A Phil Hall Op-Ed: Is Housing to Blame for Climate Change?

A Phil Hall Op-Ed: Is Housing to Blame for Climate Change?

by Phil Hall | Jul 24, 2023 | A Phil Hall Op-Ed, Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Earlier this month, Housing and Urban Development (HUD) Secretary Marcia Fudge was in Japan for the G7 Sustainable Urban Ministers’ Meeting. During this event, she signed a Memorandum of Cooperation (MOC) with her Japanese counterparts that (according to the HUD...
Chinese Real Estate Developer Agrees to US Extradition to Face Bribery Charges

Chinese Real Estate Developer Agrees to US Extradition to Face Bribery Charges

by Phil Hall | Jun 19, 2023 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

A Chinese property developer wanted by the U.S. government on bribery charges has agreed to be extradited. The South China Morning Post reported that Zhang Li, co-founder of Chinese property developer Guangzhou R&F Properties, was arrested last year at London’s...
China is Top Country with Buyers Searching for Miami Real Estate

China is Top Country with Buyers Searching for Miami Real Estate

by Phil Hall | May 23, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

According to new data from the Miami Association of Realtors, Chinese buyers generated the most global web searches for Miami-based residential properties during April. China accounted for 9.44% of all international searches on MiamiRealtors.com last month, a...
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