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China’s cash-strapped local governments drive record asset-backed securities sales

ABS issues bring in badly needed money but some assets are of uncertain quality...

I'm an 81-year-old home builder. People are shocked I'm still framing houses at my age, but I love what I do.

Jim Franck, 81, is a homebuilder in Oregon who has no plans to stop working, despite being financially comfortable. Brooke Herbert for BI This interview is based on a conversation with Jim Franck, 81,...

21hBusiness Insiderreal_estateImpact

Saving for a down payment is getting easier. Here are 8 markets where it takes under 5 years.

The time it takes to save for a home down payment fell to about seven years in 2025. TrongNguyen/Getty Images The time to save for a typical home down payment has dropped to seven years in 2025. While...

1dBusiness Insiderreal_estateImpact

Blackstone is acquiring a small, mostly undeveloped resort island near the Great Barrier Reef. Take a look at the stunning destination.

Blackstone is acquiring Hamilton Island, a vacation destination near the Great Barrier Reef. Steve Christo - Corbis/Corbis via Getty Images Blackstone is acquiring Hamilton Island, a resort destinatio...

1dBusiness InsidereconomicsImpact