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...
Dec 28Financial TimeseconomicsImpact
ABS issues bring in badly needed money but some assets are of uncertain quality...
TK Courtesy of Natalie Lynch Natalie Lynch, 56, had been working since she was 15 and was burned out. She wanted a fresh start. In 2024, she moved to Italy, then to Spain, finally settling in a small ...
Real estate is a fun new sector for the prediction market space—but how exactly will people use these markets?...
Scott Bessent said that institutional investors won't have to sell current single family homes. Alex Wong/Getty Images Scott Bessent clarified Trump's plan to ban Wall Street firms from purchasing hom...
Darlene McCord-Ochoa helps pay her mortgage by renting out rooms in her home. Courtesy of Darlene McCord-Ochoa Dee McCord-Ochoa makes extra income by renting out rooms in her home. She lost her income...
Hong Kong police have arrested nine employees of a company suspected of using surveying equipment with 45 forged certificates in five hospital expansion projects and a government construction site. Th...
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...
Rippling's CPO said he prefers to understaff than overstaff all his projects. Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images Rippling's product chief Matt MacInnis says he deli...
I tried looking for my dream home in various parts of the United States. Florida was great, but I eventually fell in love with the Midwest. Joe Opaleski After college in Florida , I spent time traveli...
Sun Hung Kai Properties (SHKP), Hong Kong’s largest developer, has priced the next batch of units on offer at its massive Sierra Sea residential project about 5 per cent higher than previous phases, s...
Isreal Adeyanju bought a building in New Jersey with his good friend. Courtesy of Isreal Adeyanju Isreal Adeyanju is the co-owner of Kọ Café, a West African coffee shop in New Jersey. Adeyanju teamed ...
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,...
Offshore bondholders of distressed developer China Vanke could face near-total losses in a worst-case scenario, according to Barclays, underscoring the deepening risks in mainland China’s property sec...
Hong Kong’s primary residential home sales in 2026 are forecast to again reach decade-high numbers, as developers continue to clear inventory and homebuyers focus more on small, low-cost flats. Transa...
Zohran Mamdani, currently a state assemblyman, is set to get a massive raise when he takes office as mayor of New York City. Angelina Katsanis / AFP via Getty Images Zohran Mamdani will earn an annual...
Jeff Bezos has reportedly purchased a waterfront mansion in Indian Creek, an artificial barrier island in Miami. Karwai Tang/WireImage via Getty Images; Jeffrey Greenberg/Universal Images Group via Ge...
The number of people living in multigenerational households in the US quadrupled between 1971 and 2021, according to Pew Research. Stephen Simpson Inc/Getty Images As the cost of living rises for Amer...
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...
I love taking my dog near the lake by our house. Hayley Hutson For years, I loved living in Charlotte , North Carolina — there's so much to do in the lively city. But city living wore my partner...
My siblings and I bought a fixer-upper in Vermont and have been renovating it this year. Bridget Shirvell Earlier this year, my two siblings and I bought a fixer-upper home together in Vermont. We've ...