More than one-fifth of Donald Trump’s US condominiums have been purchased since the 1980s in secretive, all-cash transactions that enable buyers to avoid legal scrutiny by shielding their finances and identities, a BuzzFeed News investigation has found. Records show that more than 1,300 Trump condominiums were bought not by people but by shell companies, and […]
Tag: condos
The situation at San Francisco’s sinking skyscraper is so dire, residents are selling their condos at a loss of millions
Millennium Tower, a luxury residential building in San Francisco, has sunk 17 inches and tilted 14 inches since it was completed in 2008. Residents say they’re selling multimillion-dollar condos at a loss. A two-bedroom, three-bath unit at Millennium Tower sold in December 2017 for 30% less than what it sold for in 2013. The […]
Vancouver condos are overpriced and a rent hike could be coming
Reuters/Reuters Photographer Vancouver condos are hella expensive, but are they overvalued? Recently we’ve doing quite a bit of work with a national House Price-To-Rent index, but wondered how that applied on a more local scale. Today we’re going to give you a peak of what that looks like when used to measure Vancouver’s condo market. Turns […]