Real estate
London is looking to tap the deep pockets of Silicon Valley
Mayor of London Sadiq Khan hopes to convince U.S. tech firms to invest more in London. Leon Neal | Getty Images Sadiq Khan, the mayor of London, traveled to California as part of a trade mission to try to convince Silicon Valley tech leaders to invest more money in the U.K. capital. On Tuesday, Khan […]
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Inside the $23.5 million mansion poised to smash another local record in Southern California
The ocean views from the most expensive mansion to ever sell in Encinitas, CA. Rancho Photos A $23.5 million modern mansion overlooking the Pacific Ocean in Southern California is set to officially hit the market on May 14, and in doing so become the most expensive home ever up for sale in the town of […]
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UK economy ‘one of the most vulnerable’ in the world right now due to mortgage trends, strategist says
George Clerk | E+ | Getty Images There’s an economic idiosyncrasy in the U.K. that makes it “one of the most vulnerable countries in the world right now,” according to an investment strategist. Mike Harris, the founder of Cribstone Strategic Macro, argues that a major problem for Britain is that its mortgage market is “heavily […]
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This 29-year-old left the U.S. for Budapest. Now he makes $120,000 — and lives in an $800-per-month apartment
In 2014, I had a life-changing wake-up call: I survived an opioid overdose that put me in the intensive care unit. Hitting rock bottom made me realize how lucky I am to be alive. I spent some time in my hometown, Memphis, to focus on my recovery and staying sober. Once I felt stable, I […]
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Trump loses bid to stay New York contempt of court order and avoid $10K daily fine
Former U.S. President Donald Trump speaks at a rally at The Farm at 95 on April 9, 2022 in Selma, North Carolina. Allison Joyce | Getty Images Former President Donald Trump on Tuesday lost an effort at a New York appeals court to stay a contempt order, and as a result still owes a fine […]
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U.S. inflation hot spots happen to be pandemic-migration hot spots
Some of the hottest pandemic-migration destinations also happen to be home to the hottest regional inflation rates. The relationship between migration and inflation has strengthened significantly as more people relocate from expensive coastal cities to more affordable metro areas, according to an analysis released by Redfin on Tuesday. “We saw an acceleration of inflation happen […]
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Office demand comes roaring back as stocks in the space play catchup
If you’re not back to the office already, you may be soon. After a five-month lull, likely due to the extremely contagious omicron variant of the coronavirus, new demand for office space jumped in March. Barring another major setback in the pandemic, it will likely continue to rise, but offices themselves will undergo a makeover […]
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Peter Thiel’s luxury New Zealand lodge should be rejected, council planner says
Peter Thiel has properties all over the world but a proposed luxury lodge in New Zealand may not come to fruition. Marco Bello | Getty Images The future of Peter Thiel’s luxury lodge on New Zealand’s South Island hangs in the balance after a senior planner for the local council said the tech billionaire’s development […]
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Greenwich estate owner will accept bitcoin or Ethereum cryptocurrency as payment for $6.5 million property
Main residence at 241 Bedford Rd in Greenwich, CT Anthony Acocella / Modern Angles The Gold Coast of Connecticut soon might become the Crypto Coast if this real estate listing is any indication. The owner of a Greenwich estate is willing to accept cryptocurrency as payment for its $6.5 million asking price, in what an […]
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Home affordability is nearly the worst on record as mortgage rates spike
A “For Sale” sign outside a home in Louisville, Kentucky. Luke Sharrett | Bloomberg | Getty Images Mortgage rates just hit their highest level since 2009, and home prices are continuing to experience double-digit gains. Now, nearly all of the major housing markets in the United States are less affordable than they have been historically, […]
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