Real Estate

To stem the housing crisis, religious congregations are building homes
May 10, 2023

To stem the housing crisis, religious congregations are building homes

The crowd that prayed together at Arlington Presbyterian Church’s Sunday worship service had dwindled from more than 100 to a few dozen


Heavily indebted Chinese developer proposes restructuring
Mar 23, 2023

Heavily indebted Chinese developer proposes restructuring

China Evergrande, a real estate developer whose struggle to manage more than $300 billion in debt rattled global financial markets has announced a long-awaited plan to restructure what it owes to foreign bondholders


Boston council passes proposal aimed at tackling rising rent
Mar 8, 2023

Boston council passes proposal aimed at tackling rising rent

The Boston City Council has overwhelmingly approved a proposal from the mayor to cap rent prices as part of an effort to address rising costs and keep residents housed


Chinese planners promise 12 million jobs, economic rebound
Mar 6, 2023

Chinese planners promise 12 million jobs, economic rebound

Chinese economic officials have expressed confidence they can meet this year’s growth target of “around 5%” by generating 12 million new jobs and encouraging consumer spending


Dubai boom sees Russian cash, high rents and reborn projects
Feb 13, 2023

Dubai boom sees Russian cash, high rents and reborn projects

For the first time since a 2009 financial crisis nearly brought Dubai to its knees, several major abandoned real estate projects now show signs of life


FTX founder charged in scheme to defraud crypto investors
Dec 14, 2022

FTX founder charged in scheme to defraud crypto investors

The U.S. government charged Sam Bankman-Fried, the founder and former CEO of cryptocurrency exchange FTX, with a host of financial crimes on Tuesday


SEC charges former FTX CEO with defrauding crypto investors
Dec 13, 2022

SEC charges former FTX CEO with defrauding crypto investors

The U.S. Securities and Exchange Commission has charged the former CEO of failed cryptocurrency firm FTX with orchestrating a scheme to defraud investors


High mortgage rates send homebuyers scrambling for relief
Nov 23, 2022

High mortgage rates send homebuyers scrambling for relief

Mortgage rates are more than double what they were a year ago, so many homebuyers are looking for ways to put off some of the pain for a few years


US consumer inflation eased to 7.7% over past 12 months
Nov 10, 2022

US consumer inflation eased to 7.7% over past 12 months

Price increases moderated in the United States last month in the latest sign that the inflation pressures that have gripped the nation might be easing as the economy slows and consumers grow more cautious


Superstorm Sandy legacy: Recovery far from equal on NY shore
Oct 26, 2022

Superstorm Sandy legacy: Recovery far from equal on NY shore

After Superstorm Sandy, there was hope for long-awaited investments in neglected communities along New York’s Rockaway Peninsula


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