br00t4c, to random
@br00t4c@mastodon.social avatar
br00t4c, to random
@br00t4c@mastodon.social avatar

Trump suffers another surprise primary blow as MAGA candidate defeated in New Jersey

https://www.independent.co.uk/news/world/americas/us-politics/new-hersey-gop-primary-senate-race-trump-b2557012.html

br00t4c, to random
@br00t4c@mastodon.social avatar
davidaugust, to random
@davidaugust@mastodon.online avatar
thejapantimes, to business
@thejapantimes@mastodon.social avatar

China's manufacturing activity unexpectedly fell in May, keeping alive calls for fresh stimulus as a protracted property crisis in the world's second-largest economy continues to weigh on business, consumer and investor confidence. https://www.japantimes.co.jp/business/2024/05/31/economy/china-property-pain-persist/ #business #economy #china #realestate #buildings #cities #globaleconomy

br00t4c, to random
@br00t4c@mastodon.social avatar

Commercial real estate is hitting bottom and now is the time to buy, Blackstone exec says

https://qz.com/cre-commercial-real-estate-blackstone-coo-gray-1851508871

thejapantimes, to Japan
@thejapantimes@mastodon.social avatar

A land ministry survey in fiscal 2018 revealed that a third of all condo management associations considered their reserve funds "insufficient." Monthly contributions increase on average to 3.6 times the initial cost, with some condos over 10 times. https://www.japantimes.co.jp/news/2024/05/30/japan/japan-condominium-repair-funds/

claralistensprechen3rd, to random

It's Part One of the plan. Israel's i24News just published Part Two of the plan between the 1pm and 2pm hour (CDT, that is): selling new luxury residence developments by hawking Tel Aviv real estate but making a point on the side that "peripheral" sites are cheaper. 3 different real estate developers were featured plus legal advice via a real estate lawyer.
aus.social/

msquebanh,
@msquebanh@mastodon.sdf.org avatar

@claralistensprechen3rd For - please know this supporting company has an office in & they are promoting sales of stolen lands.

This company should be kicked out of Canada. We also need to see their because they're . The company should be banned from all business in Canada.

https://www.nadlan.ca/

thejapantimes, to worldwithoutus
@thejapantimes@mastodon.social avatar

Taking advantage of a unique system in which tenants fork out huge deposits for free housing, real estate scammers in South Korea are robbing victims of not just their money, but also their dreams and their very lives. https://www.japantimes.co.jp/news/2024/05/27/asia-pacific/crime-legal/south-korea-real-estate-scams/

br00t4c, to ukrainian
@br00t4c@mastodon.social avatar
joseph11lim, to AirBNB
@joseph11lim@mastodon.social avatar

#UnbridledGreed #enshittification
"those mishaps look . like #selfsabotage, intended to hollow out the #restaurant chain to enrich its prev #privateequity owners, Golden Gate Capital. GGC crippled #RedLobster by selling off one of its most valuable assets, e #realestate it owned, in a #saleleaseback, for $1.5bil. With tt sale, GGC nearly made back its $2.1b purchase of 🦞, while turning the chain into a permanent leaser, adding a massive additional cost in e form of #rent"
https://prospect.org/economy/2024-05-22-raiding-red-lobster/

br00t4c, to random
@br00t4c@mastodon.social avatar

A real estate mogul bought her way into the New York mayor's inner circle - and then the favors started

https://www.theguardian.com/us-news/article/2024/may/23/eric-adams-weihong-hu-fundraiser-new-york-city-mayor

davemark, to Tennessee
@davemark@mastodon.social avatar

"A judge blocks the foreclosure sale of Elvis' Graceland, after his heir alleges fraud"

A fascinating story, but what got me was the bit about Graceland being valued at $400 million. For 14 acres. That's about $28M per acre. That's approaching mid-town-Manhattan prices.

This how much Elvis was revered? Still an amazing draw? Can't think of any other person whose home has so much value.

https://www.gpb.org/news/2024/05/22/judge-blocks-the-foreclosure-sale-of-elvis-graceland-after-his-heir-alleges-fraud

mattmaisonre, to random
@mattmaisonre@mastodon.world avatar

Economic Growth, Inflation Still on Track to Slow as Interest Rate Volatility Continues
Fannie Mae - May 21, 2024

“We view economic growth and inflation as being on the same track as our prior outlook, and we continue to anticipate moderation as the year progresses.”

https://www.fanniemae.com/research-and-insights/forecast/economic-developments-may-2024

msquebanh, to singapore
@msquebanh@mastodon.sdf.org avatar

’s private again ranked as the in with a median price of $1.32 million in 2023, after an influx of helped push that figure up 9.6% from the previous year, according to the Urban Land Institute’s 2024 ULI Asia Pacific Home Attainability Index published Tuesday.

Homes in ranked as the 2nd most expensive in the region with a median price of $1.16 million..

https://www.mingtiandi.com/real-estate/research-policy/singapore-homes-still-most-expensive-in-asia-tokyo-new-condo-prices-jump-40-uli/?mod=sponsored_main

cs, to random
@cs@mastodon.sdf.org avatar

What killed Red Lobster? Sure, blundered promotions, but that is not the big thing--they might have recovered from that. The big thing is PE & their propensity to kill things off, sucking marrow from the bone of generally productive concepts. Debt loading is one way, but also real estate shenanigans. Don't come in and pretend you're helping a company grow by selling off assets then making the lease them back at above-market rates.
https://www.cnn.com/2024/05/21/business/red-lobster-endless-shrimp-bankruptcy/index.html

thejapantimes, to business
@thejapantimes@mastodon.social avatar

Bain Capital says it plans to bolster its real estate team in Japan, making it the latest global investment firm seeking to capitalize on opportunities in the nation’s property market. https://www.japantimes.co.jp/business/2024/05/20/companies/bain-capital-to-boost-japan-real-estate-team/

thejapantimes, to worldnews
@thejapantimes@mastodon.social avatar

Beijing is opening the door to a real estate bazooka. But only a few developers will benefit. https://www.japantimes.co.jp/commentary/2024/05/19/world/china-housing-mess/

thejapantimes, to business
@thejapantimes@mastodon.social avatar

Marrying culture with real estate, Miwako Date heads major property developer Mori Trust as a third-generation CEO. https://www.japantimes.co.jp/business/2024/05/19/women-work-miwako-date/

chronicallydave, to bloomington_in
@chronicallydave@mastodon.social avatar
thejapantimes, to business
@thejapantimes@mastodon.social avatar

A campaign by Chinese authorities to encourage people to replace their old apartments with new ones is attracting interest, but participants are struggling to sell their current homes. https://www.japantimes.co.jp/business/2024/05/17/economy/china-property-plan-poor-start/

ProPublica, to Minnesota
@ProPublica@newsie.social avatar

#Minnesota AG Sues Contract-for-Deed Seller Who Allegedly Targeted #Muslim Community

The complaint, which alleges violations of lending #law and religious discrimination, follows a ProPublica and Sahan Journal investigation.

#News #Minneapolis #Midwest #Religion #Fairness #RealEstate #Home #Housing #CivilRights

https://www.propublica.org/article/minnesota-attorney-general-sues-contract-for-deed-seller-chadwick-banken

br00t4c, to random
@br00t4c@mastodon.social avatar

‘I feel like I've been tricked’: Some property buyers in China’s Tianjin have been waiting 8 years for their homes (www.cnbc.com)

A group of around 1,500 homebuyers say they have yet to see the apartments they paid for about eight years ago, as challenges persist in China’s property sector. The promise was they would be ready by 2019, but the majority are still unfinished, according to five of the homebuyers, who requested anonymity out of fear of...

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