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Real Estate

Mind the gap: UK the only G7 state to see a rise in wealth inequality – report
Britain is the only G7 country where inequality has grown since the start of the 21st century, according to a report by Credit Suisse published on Tuesday. It showed the UK’s richest 10 percent have become wealthier since the financial crisis.

15.10.2014 11:26

A house for an iPhone 6? Detroit homeowner will take anything for toxic property
Never mind a kingdom for a horse – a homeowner in bankrupt Detroit is willing to trade his house in for the latest iPhone. At less than $1,000, that would mean taking a massive hit, as the beat-up property was bought for $41,000 in 2010.

08.10.2014 14:30

Location, location, location: $1 million parking spaces for sale in NYC
Manhattan’s One Percenters will now have one more type of real estate investment that the have-nots of the world could never hope to afford: $1 million parking spaces. The spots for sale cost more per square-foot than the luxury building’s apartments do.

09.09.2014 21:24

Whole Canadian ghost town for sale…for less than $1 million
A 50-acre ghost town Bradian in Canada’s British Columbia province is up for sale with the cost of all its 22 buildings now having dropped – to a “mere” $995,000.

24.08.2014 17:37

Banksters win again: BoA settlement with US govt allows Wall St fraudsters to 'act with impunity,' critics say
While the US government touted its “record” settlement reached this week with Bank of America for mortgage fraud that helped fuel the 2008 recession, the details of the agreement indicate yet another slap on the wrist for an offending Wall Street titan.

22.08.2014 15:37

​Worse than Detroit? London one of ‘least livable’ European cities
London’s real estate prices keep soaring and foreign cash keeps pouring in, yet the ‘world’s most influential city’ has become one of the least appealing places to live in Europe, according to new figures.

20.08.2014 13:54

Record high US income gap threatens housing recovery
Inequality between the richest and poorest metropolitan areas in the US is at its highest since 1969, and could hamper the recovery of the housing market that was at the heart of the 2008 financial crisis.

13.08.2014 11:22

London's inflated rental prices double those in rest of UK
London rental prices are double those throughout the UK for the first time in modern history, according to newly published research.

28.07.2014 15:56

Legal pot use vs. homeowners’ associations: Sowing the weeds of discontent
Just because pot is legal in your state, doesn’t mean you won’t get in trouble for smoking that doobie outside, even if you have a prescription for it. At least that’s what some homeowners’ associations (HOAs) are saying.

25.07.2014 20:11

Boris Johnson: Naysayers foiling extensive London development plans
Brigades of “nimbies in disguise” are fabricating false concern for architecture and design in an effort to block development throughout London, Boris Johnson claims.

23.07.2014 12:25

Tale of Two Cities: NYC approves ‘poor door’ for luxury high-rise
New York City is moving forward with a proposal that calls for a new high-rise apartment complex to feature separate doors for wealthy tenants and those living in the building’s affordable housing unit.

21.07.2014 22:56

Revealed: Russian oligarch behind purchase of UK’s most expensive home
Russian billionaire Andrey Goncharenko shelled out a massive £120 million ($205 million) for Britain’s most expensive home, it has been revealed. The oligarch has since filled for planning permission to extend the Grade-2 listed London property.

14.07.2014 07:25

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