Why U.S. renters are taking corporate landlords to court
U.S. landlords who use RealPage products to set prices on rental apartments are facing accusations of collusion.
Year: 2024
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Rental markets are softening, but half of U.S. tenants spend more than they can afford, Harvard report finds
Half of renters in the U.S. are considered cost-burdened, meaning they spend 30% or more of their income on housing, a Harvard study found.
IMF expects new housing demand in China to drop by around 50% in the next decade
Demand for new housing in China is set to drop by around 50% over the next decade, making it harder for Beijing to quickly bolster the country’s overall growth.
Japan’s Aozora Bank shares hit near 3-year lows on U.S. commercial property losses
Aozora shares hit their lowest levels since February 2021, plunging as much as 18.5% — the Nikkei 225 benchmark was up 0.5%.
Rental markets are cooling, but it ‘doesn’t mean they’re falling,’ Harvard researcher says. Here’s what that means for renters
After a few years of record-high rent costs, prices are beginning to cool in some areas. Here’s what that means for renters.
India’s government isn’t feeling ‘big pressure’ to announce a major scheme to make people happy: HSBC
Pranjul Bhandari, chief India economist at the bank, says that’s because “incomes haven’t fallen that much, as was feared a couple of months ago.”
Federal Reserve holds interest rates steady, sets the stage for cuts. What that means for your money
As the Federal Reserve sets the stage for rate cuts later this year, here’s what that means for your credit card, mortgage rate, auto loan and savings account.
Weekly mortgage demand drops as buyers struggle to find affordable homes
After rising for several weeks, mortgage demand fell last week as buyers faced increased competition for a limited supply of homes.
India is a global office hub, says India’s Mindspace Business Parks
Ramesh Nair of Mindspace Business Parks says “India is the country with the maximum office absorption in the world.”
How interest rates have changed over the last 12 months for mortgages, car loans, credit cards and more
As markets look toward potential interest rate cuts in 2024 from the Federal Reserve, these five charts show how rates have fluctuated over the last 12 months.
Watch CNBC’s full interview with the ‘Big Short’ traders
‘Big Short’ traders Danny Moses, Steve Eisman, Vincent Daniel and Porter Collins join ‘Fast Money’ to talk their portrayal in the movie, Big Tech, real estate, the Federal Reserve and more.
Should you pay rent with a credit card? ‘It could rapidly spiral,’ expert warns
Sometimes, it’s possible to pay rent with a credit card — but experts say it’s risky.