Citic said its new fund was as safe as they come because it would invest in real estate. Then the developer defaulted and the projects stalled.
Category: Real Estate and Housing (Residential)
The ‘Georgists’ Are Out There, and They Want to Tax Your Land
Amid a crisis in affordable housing, the century-old ideas of Henry George have gained a new currency.
China Bet It All on Real Estate. Now Its Economy Is Paying the Price.
After relying on a borrow-to-build model for decades, Beijing must make difficult choices about the country’s housing market and economic future.
Federal Reserve Officials See Rates Staying High
Federal Reserve officials forecast higher interest rates through 2026 this week, a sign that borrowing costs are not heading back to the rock-bottom levels normal before the pandemic.
China’s Biggest Homebuilder Fights to Survive as Economic Crisis Deepens
Once considered a survivor of China’s real estate turmoil, Country Garden is now at the center of the crisis and threatens the broader economy.
Will Inflation Keep Slowing? The Key Areas to Watch
Will inflation continue to slow at a solid pace? Economists are warily watching a few key areas, like housing and cars.
A California Land Mystery Is Solved. Now the Political Fight Begins.
Tech industry investors spent roughly $900 million buying land to build a dream city in a rural part of the Bay Area. It could be years, though, before they can do anything with it.
China’s Property Crisis Is Rippling Through the Economy
As a real estate meltdown ripples through the economy, small businesses and workers are owed hundreds of billions of dollars, and new projects have dried up.
China Faces a Crisis in Its Real Estate Sector
Beijing wanted to cool its housing market, but created a bigger problem, as the fallout from debt-laden developers and sinking sales spreads to the broader economy.
Can Affluence and Affordable Housing Coexist in Colorado’s Rockies?
The outdoorsy lifestyle of Colorado mountain towns has become a magnet for the new remote-worker class, upending life for those already rooted there.