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08.12.25 - 03:18
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Hong Kong stocks retreat as investors await China policy cues on tech, property (SCMP)
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Hong Kong stocks slipped on Monday, snapping a two-day rebound, as investors stayed cautious and awaited clearer policy direction ahead of China's Central Economic Work Conference later this month.
The Hang Seng Index lost 0.4 per cent to 25,982.30 as of 9.50am local time, after swinging between gains and losses. The Hang Seng Tech Index rose 0.2 per cent. On the mainland, the CSI 300 Index gained 0.4 per cent and the Shanghai Composite Index strengthened 0.2 per cent.
Blind-box toymaker Pop......
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08.12.25 - 03:00
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Luxury housing supply jumps, enters newer cities: Report (Times of India)
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Luxury homes now represent over a quarter of housing supply and 18% of demand, expanding into new cities. Median prices vary significantly across major metros, with demand strongest in the Rs 2-5 crore brackets, while ultra-premium purchases are notable in Mumbai and Gurugram. Overall luxury spending in India is projected for substantial growth by 2030....
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07.12.25 - 16:54
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Goldman Reveals Housing "Affordability Illusion" When Factoring Other Costs (ZeroHedge)
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Goldman Reveals Housing "Affordability Illusion" When Factoring Other Costs
Affordability has surged into the news cycle and is almost certain to dominate the coming midterm election cycle. And when voters talk about "affordability," they're most concerned about the basic cost of living. Beyond food and healthcare, nothing hits harder than housing costs.
Goldman analysts led by Arun Manohar have some bad news on the housing affordability front: even with lower mortgage rates and slower home-price growth, it's largely an "illusion of affordability" once other ownership costs, such as taxes, insurance, and maintenance, are factored in.
Manohar explained more in a recent note to clients:
The most important topic of discussion in the housing market remains the challenging affordability situation. The recent decline in mortgage rates and the weak pace of HPA has resulted in housing affordability climbing to the highest level since 2022 (Exhibit 1). However, af...
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06.12.25 - 20:18
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Generational Betrayal: HUD Reveals Biden Gave Illegal Aliens FHA-Backed Mortgages (ZeroHedge)
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Generational Betrayal: HUD Reveals Biden Gave Illegal Aliens FHA-Backed Mortgages
HUD Secretary Scott Turner told Fox Business on Friday that illegal aliens received federally backed mortgages during the Biden–Harris regime years. Turner characterized this as a significant policy failure by the previous administration and evidence of what he called misplaced priorities that favored illegals over American homebuyers.
"You know, during the Biden Administration, there were over 12 million illegal aliens that came over the border, straining our housing supply and making the costs go up," Turner told Fox Business host Maria Bartiromo.
He continued, "And so we worked with Secretary Noem at DHS, as you alluded to, to make sure that only American citizens are living in HUD-funded housing. We also took away FHA-backed mortgages from illegal aliens. During the Biden Administration, they turned a blind eye. But we're going to keep the law to make sure these mortgages, which are backed b...
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06.12.25 - 17:06
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Miami′s Housing Shortage Hits Affordability: Codina (Bloomberg)
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Codina Partners CEO Ana-Marie Codina says South Florida faces a growing affordability problem as housing demand outstrips supply and a proposal by Governor Ron DeSantis to eliminate property taxes on owner-occupied homes risks worsening the burden on renters. She spoke to Bloomberg's Dani Burger at a Bloomberg New Voices event in Miami. (Source: Bloomberg)...
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06.12.25 - 00:01
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What Happens to WBD′s Properties Amid Netflix Deal (Bloomberg)
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Warner Bros. Discovery told employees its board approved Netflix's acquisition of Warner Bros., with the deal contingent on regulatory clearance. Netflix says it will maintain HBO Max and HBO as part of the deal. Warner Bros. Discovery cable properties including CNN, TNT, Discovery and TBS will be split off into a separate company called Discovery Global in 3Q 2026. Bloomberg News Intelligence Senior Media Analyst Geetha Ranganathan and Bloomberg News Senior M&A Reporter Michelle Davis join Bloomberg Businessweek Daily to discuss. They speak with Alexis Christoforous and Kristine Aquino. (Source: Bloomberg)...
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05.12.25 - 23:06
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Riot Games Buys LA Office as Hudson Pacific Cuts Mortgage Debt (Bloomberg)
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Riot Games, the developer of League of Legends, bought its Los Angeles office campus for total consideration of $231 million, enabling landlord Hudson Pacific Properties Inc. to pay down debt as the West Coast office market continues to face high vacancies and low valuations....
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05.12.25 - 19:36
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′Enclaves for the rich′: new luxury housing is putting parts of Sydney out of reach to all but the very few (The Guardian)
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A wave of redevelopment in Bondi, the inner city and lower north shore is pricing people out – even while governments profess to be focused on affordabilityGet our breaking news email, free app or daily news podcastBondi used to be home to surfers, backpackers and artists. But the bohemian vibe of Sydney's most famous beach risks being swamped by a wave of high-end developments.Older apartment blocks that provided affordable housing are being bought by companies and wealthy individuals, who are turning them into smaller blocks with fewer luxury dwellings, or sometimes single homes. Continue reading......
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