Latest in Property Slump
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China to boost financing for approved housing projects to $560 billion to counter property slump
China has announced it will expand the amount of financing available for housing projects on a “white list” to 4 trillion yuan ($562 billion), seeking to reverse a slump in the property industryWorld - ABC News - October 17 -
Commercial property’s moment of truth
Interest rates have peaked and activity in several sectors is picking up, but some fear bad news is still to emergeBusiness - Financial Times - October 24 -
Hot property: quintessential English cottages
From a traditional thatched cottage to a discreet London hideawayWorld - Financial Times - 3 days ago -
Can I purchase a property anonymously?
I fear my wealth will have an impact on any negotiationsWorld - Financial Times - 3 days ago -
Hot Property: five covetable homes in Berlin
From a lakeside villa in leafy Grunewald to a Mitte penthouse with all mod consWorld - Financial Times - October 16 -
Prince Harry and Meghan ‘buy new property in Portugal’
The Duke and Duchess of Sussex have bought a property in Portugal, it has been claimed.Sports - Yahoo Sports - October 16 -
FirstFT: Uber explored bid for travel website Expedia
Also in today’s newsletter, Kamala Harris locks horns with Fox News interviewer Bret Baier and Wall Street roars backWorld - Financial Times - October 17 -
China to boost lending for stalled property projects to $560bn
Beijing is trying to restore confidence in economy amid prolonged real estate slowdownBusiness - Financial Times - October 17 -
Made in Miami: the HTSI autumn 2024 Property series
Meet the architects and designers behind the evolution of the Magic CityWorld - Financial Times - November 2 -
LVMH stock falls on slumping luxury sales in China
LVMH Moët Hennessy Louis Vuitton said a slowdown in Chinese spending had hit its third quarter salesBusiness - MarketWatch - October 16 -
Stellantis Car Deliveries Slump on U.S. Woes
Stellantis vehicle deliveries fell 20% in the third quarter as the Jeep and Ram-maker began to take measures to address excess inventory in the U.S.Business - The Wall Street Journal - October 16 -
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European Union’s car market slumps further in September
New car registrations dropped by 6.1% in September driven by lower sales in Europe’s top three markets, France, Italy and GermanyBusiness - MarketWatch - October 22 -
Starbucks Suspends Guidance as Sales Slump Persists
The coffee chain needs to “fundamentally change” strategy, the new CEO, Brian Niccol, said. Shares fell in premarket trading.Business - The Wall Street Journal - October 23 -
Durable-goods orders retreat due to Boeing. Manufacturing slump goes on.
Orders at U.S. factories fell almost 1% in September — mostly due to fewer aircraft bookings — and showed little sign of a rebound in a slump-ridden manufacturing industry.Business - MarketWatch - October 25 -
Volkswagen profit plunges 64% as China sales slide
Europe’s largest carmaker highlights ‘urgent need’ for cost reductions and efficiency gainsBusiness - Financial Times - October 30 -
Market responds negatively to latest China stimulus moves
Futures on Hong Kong-listed stocks slumped on Friday after the country unveiled its stimulus program.Business - MarketWatch - Yesterday -
Bellway says Budget ‘mixed messages’ hurting UK property market
Housebuilder expects to deliver more homes next year as borrowing costs easeBusiness - Financial Times - October 15 -
Can I transfer my property to my son to reduce tax liabilities?
I own a second home in Cornwall and spend a few weeks there every yearWorld - Financial Times - October 16 -
China pledges more financial support for 'whitelist' real estate projects
Ni Hong, China's minister of housing and urban-rural development, made the announcement at a press conference on Thursday.Business - CNBC - October 17 -
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Greek man convicted of causing disturbance by entering neighbors' properties to smell their shoes
A judge in northern Greece has imposed a suspended one-month prison sentence on a man convicted of disturbing his neighbors by repeatedly sneaking into their properties to smell their shoesWorld - ABC News - October 17 -
The Property Brothers Share 3 Tips That Helped Them Build a Business Empire
Drew and Jonathan Scott spoke at the Inc. 5000 Conference about launching their own VC fund and the rules of business that have helped drive their success.Business - Inc. - October 17 -
Japanese property group Tokyo Tatemono targeted by UK activist fund
Stakebuilding by Palliser Capital follows Elliott Management's move on sector peer Mitsui FudosanWorld - Financial Times - October 22 -
With 9 Short Words, the Property Brothers Just Taught a Brilliant Lesson in Success
‘We acquired the IP for Property Brothers early on.’ ‘Business - Inc. - October 22 -
Giuliani ordered to turn over apartment and Benz to Georgia election workers
Judge appointed Ruby Freeman and Shay Moss as recipients of ex-mayor’s assets in defamation case. Rudy Giuliani must give control of his New York City apartment, a 1980s Mercedes-Benz once owned ...World - The Guardian - October 22 -
IMF warns on China's property market worsening as it cuts country's growth outlook
In a report published Tuesday, the IMF trimmed its forecast for growth in China for this year to 4.8%, 0.2 percentage points lower than in its July projection.Business - CNBC - October 23 -
What Commercial Real Estate Property Owners Need to Know
The multifamily market is experiencing mayhem—here’s what you should do.Business - Inc. - October 23 -
This is 'the biggest difference' in today's housing market, according to hosts of 'Property Brothers'
Though the housing market faces underlying supply constraints, a home purchase is still a good investment, say co-hosts of the TV show "Property Brothers."Business - CNBC - October 25 -
These two ‘low tax’ states are getting socked with fast-rising property taxes
Nationally, property taxes in major cities have gone up 30% since 2019, according to a new Redfin analysis.Business - MarketWatch - October 29 -
China's property market is expected to stabilize in 2025 — but stay subdued for years
China's struggling real estate sector may not start turning around until the second half of next year, even with the latest stimulus measures, analysts predict.Business - CNBC - October 30 -
The 7 Best Ways to Legally Protect Your Intellectual Property
If you don’t safeguard your ideas, your unique advantage can easily be stolen.Business - Inc. - October 30 -
More homeowners just started pulling cash out of their properties. Here's why.
While mortgage rates don't exactly follow the Federal Reserve's rate, home equity lines of credit, or HELOCs, are tied to it.Business - CNBC - 5 days ago -
More homeowners just started pulling cash out of their properties. Here's why.
U.S. homeowners are sitting on a record amount of equity, but higher interest rates over the past two years have made them reluctant to tap into it.Top stories - NBC News - 5 days ago -
Six cities, one question: is China’s property market turning a corner?
From Shanghai to Guangzhou and Beijing to Foshan, buyers and agents voice concerns ahead of next phase of stimulusWorld - Financial Times - 4 days ago
