Dear Monty: We are nearing retirement age and thinking of changing our housing situation. We see people we know or hear about making choices that surprise us. There seem to be many more living options today. There also appear to be more paths to get there. Selling a home, ownership choices, renting and where to…
Ambitious Student Becomes a Landlord After Buying His First Property at the Age of 21
An ambitious business student has become a landlord after buying his first investment property at the age of 21. After saving since he was 15, Harry Chew bought a two-bed mid-terraced home in Nottingham, East Midlands, England, as a long-term buy-to-let investment in June 2021. “It is possible to buy property at a young age if…
ECB Warns About Vulnerable Property Market in Eurozone
FRANKFURT—The property market is a “key vulnerability” for eurozone banks as the rise of remote working since the pandemic dents demand for offices and households take on more debt to buy expensive homes, the European Central Bank said on Wednesday. Central bankers have been ringing alarm bells about the eurozone’s booming property market that has…
£3,000 Fall in Average UK House Price in October
The average UK house price was £3,000 ($4,000) lower in October than a record high reached the previous month, according to official figures. The typical property value in October was £268,000 ($354,000), down from a peak of £271,000 ($358,000) in September, the Office for National Statistics (ONS) said. A stamp duty holiday in England and…
China’s Think-Tank Warns of Economic Slowdown Amid Property Sector Predicament
Advisers to Beijing on Dec.6 recommended a 2022 growth target that is lower than the target set for 2021 due to the persistent COVID-19 cases and the slowdown in the property sector. The world’s second-largest economy is likely to grow around 5.3 percent in 2022, according to an annual blue book issued by Chinese Academy of Social Sciences…
Evergrande Again Nears Default as China Moves to Reassure Markets
HONG KONG—China Evergrande Group shares slumped to a record low on Monday as authorities intervened to reassure markets after the heavily-indebted property developer warned on a coupon payment, pushing it closer to default. China’s central bank said it would cut reserve requirements for banks while the politburo vowed to promote healthy development of the property…
World Shares Mixed Amid Troubles for Chinese Property Sector
December 6, 2021
admin
Asia & PacificBusiness & EconomyBusinesses in COVID-19CCP VirusChinaChina Business & EconomyCompanieseconomic policieseconomyEuropeglobalGold & CommoditiesHK BusinessHong KongIndiaInternationalInvestmentLocal NewsMarket WatchMarketsNew YorkNY NewspropertyRegional-Local NewsSharesUSUS NewsWorld
0 Comment
BANGKOK—European shares and U.S. futures rose Monday after a lackluster day in Asia, where shares fell in Hong Kong and Shanghai after troubled Chinese property developer Evergrande warned it may run out of money. Moving to reassure investors and keep growth from stalling, China’s central bank cut the amount of funds banks are required to…
Third Worldizing America
Commentary In a recent online exchange, the YouTuber Casey Neistat posted his fury after his car was broken into and the contents stolen. Los Angeles, he railed, was turning into a “3rd-world s-hole of a city.” The multimillionaire actor Seth Rogen chastised Neistat for his anger. Rogen claimed that a car’s contents were minor things…
Kaisa, Units Trading Suspended as China Property Debt Crisis Routs Developers’ Shares
November 5, 2021
admin
Business & EconomyChinaChina Business & EconomyCompaniescrisisdebtEconomiesHK BusinessHong KongKaisaMarketspropertyShares
0 Comment
HONG KONG/SHANGHAI—Kaisa Group Holdings Ltd. and three of its units had their shares suspended from trading on Friday, a day after an affiliate missed a payment to onshore investors as China’s snowballing property debt crisis jolts other developers. Shenzhen-based homebuilder Kaisa, which has guaranteed the wealth management product, said in a statement on Thursday it…
Global Share Rally Pauses as China Property Weighs, US Data Loom
November 5, 2021
admin
Asia & PacificBusiness & EconomyBusinesses in COVID-19ChinaChina Business & EconomyCompanieseconomic policiesEconomieseconomyEuropeglobalGold & CommoditiesHK BusinessHong KongInternationalInvestmentMarketsMiddle EastpropertyshareUKUSUS NewsWorld
0 Comment
HONG KONG/LONDON—A share rally that has lifted stocks to record levels in recent days lost momentum on Friday, weighed down by renewed uncertainty over China’s property sector and as markets paused for breath ahead of U.S. jobs data due later in the day. The U.S. dollar gained against sterling, which took a beating after the…
US News
RSS Error: A feed could not be found at `https://www.theepochtimes.com/c-us/feed`; the status code is `200` and content-type is `text/html; charset=utf-8`