Earning passive income as an investor in single-family rental homes is a dream for many, but also something that can be intimidating to break into. Awning is a startup that aims to make the process less intimidating through a platform designed to allow individuals to invest in single-family rental homes not just in the cities […]
Latin America’s second wave of digital transformation
Over the past year, Latin America has been covered heavily in the international news as the COVID-19 pandemic led many to question our endurance in the face of a crisis.
Embattled property firm Evergrande rattles financial markets
Investors worried about Chinese developer draw parallels with 2008 collapse of Lehman BrothersChina’s embattled property developer Evergrande Group has caused concern among investors worldwide. With $300bn (£220bn) owed to its creditors and key debt in…
Whether it’s homes or jobs, our dreams are moving further out of reach every year | Mark Blyth
From the warped housing market to the ‘knowledge economy’, the system increasingly works only for the uber-wealthyI travelled to New York City in August for the first time since the pandemic began, to visit friends who had just bought their first home….
Evergrande: will it collapse and what would happen if it did?
If Chinese property company Evergrande sinks under its $300bn debt its failure would resound across the global economyEvergrande Real Estate – or Heng Da Group in Chinese – owns more than 1,300 building projects in more than 280 cities across China. C…
Bilt Rewards banks $60M growth on a $350M valuation to advance credit card benefits for renters
The latest round comes just 90 days from Bilt’s launch.
Shares in China’s Evergrande plunge again as fears of contagion grow
Hong Kong stock fell up to 17% amid default fears that are beginning to have a knock-on effect on other marketsShares in the embattled Chinese property company Evergrande have plunged again as investors weigh up whether the group’s massive debt problem…
Old Truman Brewery in London to become office and shopping complex
Critics say it will price out businesses from site on Brick Lane, in the heart of the city’s Bangladeshi communityLocal councillors have defied months of campaigning, protests and thousands of objection letters to approve plans for an office block and …
Thousands of leaseholders freed from doubling of ground rents
CMA says it will take further action against developers which do not remove such terms from contractsThousands of people who bought leasehold homes from the housing developer Countryside Properties will be freed from costly contract terms, following an…
Tech can help solve US cities’ affordability crisis
Maria Rioumine Contributor Share on Twitter Maria Rioumine is the CEO and co-founder of Agora. U.S. cities are in the midst of an affordability crisis. Just between May 2020 and May 2021, home prices saw their biggest annual increase in more than two decades and construction material prices increased by 24%. The cost of renting […]