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11.11.25 - 14:31
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Trump: 50-year mortgage ′not a big deal′ (The Hill)
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President Trump in an interview broadcast late Monday dismissed concerns from his base over his administration's planned 50-year mortgage proposal. “It's not even a big deal,” Trump told Fox News's Laura Ingraham on "The Ingraham Angle." “I mean, you go from 40 to 50 years and what it means is you pay something less. From......
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11.11.25 - 11:36
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Hong Kong′s slumping commercial property market lures savvy tycoon-linked buyer (SCMP)
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Savvy investors, including a buyer of a floor at Opus in Mid-Levels who is connected to the family of a Cambodian Chinese tycoon, are pouncing on Hong Kong's slumping commercial property market to snap up bargains.
The 12th floor of 18 On Lan Street, a Ginza-style commercial building in Central, was handed over to Surplus Inc for HK$34 million (US$4.4 million) on Friday, according to Land Registry records. That represented a 65 per cent loss for the previous owner, Zhou Shubo, who bought the......
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11.11.25 - 05:06
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"Motivated To Get Income And End Their Housing Crisis": Homeless Job Training Spikes 38% In San Diego (ZeroHedge)
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"Motivated To Get Income And End Their Housing Crisis": Homeless Job Training Spikes 38% In San Diego
San Diego's Father Joe's Villages reports a sharp rise in job training completions through its Gene Burkard Employment and Education Services program, which helps people experiencing homelessness or housing insecurity re-enter the workforce, CBS 8 reported last week.
Father Joe's Villages is one of Southern California's largest and most well-known homeless services organizations, based in San Diego, California. Founded in 1950 by Father Joe Carroll, a Catholic priest known for his hands-on approach to addressing homelessness, the organization provides a comprehensive network of housing, healthcare, job training, and social services for people experiencing homelessness or at risk of losing housing. Its mission is to help individuals and families “end homelessness one life at a time.”
“We've seen a significant increase — about 38 percent — in completion of our job train...
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10.11.25 - 18:01
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Real estate mogul and media powerhouse: US becoming a nation of renters (The Hill)
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The U.S. housing market is showing signs of a deep freeze — one rivaling the polar vortex hitting this week. According to Redfin, just 2.5 percent of homes in the United States changed hands between January and August of this year, roughly 25 out of every 1,000. That's the lowest level of home turnover in......
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10.11.25 - 13:12
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Lloyds the landlord: how the bank quietly became a big rental property player (The Guardian)
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Bank has a £2bn rental property portfolio via its Lloyds Living arm, amassing 7,000 properties so far with plans to add 43,000 more by 2030Business live – latest updatesThe black horse of Lloyds' banks are a familiar sight on UK high streets, but the lender has quietly become one of the country's biggest landlords too, amassing £2bn in residential property, according to new analysis.The company has reached the landmark valuation on its property assets after a drive to buy more than 7,000 properties, according to the Financial Times. Continue reading......
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