After years of dizzying growth, real estate in financial centres is getting hammered on the back of rising interest rates and fears of a global recession. Home prices in Hong Kong, the world’s least affordable property market by far, could fall by as much as 30% by the end of 2023 from 2021 levels, reckon analysts at Goldman Sachs.
Singapore is grappling with the opposite problem. The city-state boasts a home ownership rate of nearly 90% as of 2021, thanks to the government’s public housing policies. With average annual real wages growing
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Property Property Latest News, Property Property Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Breakingviews - Singapore withstands a global property downturnProperty is crashing everywhere, except in Singapore. The Asian city-state’s private residential prices are up 14% year-on-year, according to third-quarter data from Knight Frank. That’s a sharp contrast to major cities like Hong Kong and Sydney, which saw decreases of 7% and 4% respectively over the same period.
Source: Breakingviews - 🏆 470. / 51 Read more »
Canada is banning some foreigners from buying property after home prices surged | CNN BusinessCanada in 2023 is closing its doors to foreign investors who want to purchase homes. Nobody would 'close its doors to investors' when you are about to buy fundamental altcoins or at least that outdated bitcoin Sorry, guys. It’s more performative AML baby measures. I just squat now, they actually pay me to leave!
Source: cnni - 🏆 326. / 59 Read more »
Man tracks stolen AirPods to Southwest Side truck stop; SAPD arrests 4, recovers stolen propertyA man who had his car stolen and his work van burglarized overnight, tracked his AirPods to find the suspects at a Southwest Side truck stop. Lmfao 🤣 bro was like what I’m transition is going on here! Freaking funny. Glad they were caught 917 more robberies to make the movie kingpin look like sesamie street
Source: ksatnews - 🏆 442. / 53 Read more »
Property tax revision, judicial branch expansion among new Texas laws that took effect Jan. 1Several laws passed in the 2021 Texas legislative sessions laws took effect Jan. 1, including a revision to how property taxes are collected, an expansion of the judicial branch and an amendment to pollution standards.
Source: ksatnews - 🏆 442. / 53 Read more »
Property tax revision among new Texas laws that took effect Jan. 1Here's a rundown of several laws passed in the 2021 Texas legislative session that took effect Jan. 1.
Source: SAReport - 🏆 252. / 63 Read more »