Hong Kong Chief Executive John Lee announced a series of measures aimed at addressing the city’s housing affordability crisis during an annual policy address.
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Christy Tan from Franklin Templeton says a precondition for a major return of investor confidence into China clarity on the quantum and speed of Beijing’s stimulus measures. She adds that the U.S. election also factors into sentiment.
Anton Wormann, 32, transformed an abandoned house in Japan into a luxury Airbnb stay. Today, it brings in about $11,000 a month.
The typical Hispanic-owned home is now valued 11.9 percent below that of a non-Hispanic white-owned home, the smallest property value gap on record, according to a Zillow analysis released Monday.