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Wolf Richter with Jim Goddard on “This Week in Money“: The “aspirational” asking prices in the super high-end housing market used to fly in the glory days of 2015, but they aren’t flying anymore. Craziness is slowly leaching out of that end of the market. What does this say about the overall housing market? And […]
Shutterstock David Youdovin is the founder and CEO of Hire Society, a staffing agency that helps wealthy families find and hire private household help. Prior to starting his own company, Youdovin worked as a butler and estate manager for one of the world’s richest billionaire families. The experience taught him that wealthy individuals value their families […]
Sarah Jacobs/Business Insider Leonard Steinberg is a New York City-based real estate broker and a president at Compass. Working mostly with units inside luxury buildings, Steinberg has been responsible for over $ 3 billion in transactions throughout his career. We followed Steinberg for a day to find out just what his work entails. Compass […]
Published time: 7 Dec, 2017 18:15 High winds and dry conditions are fueling four separate brushfires in Los Angeles, California. Tens of thousands of acres of land and 150 homes have burned down so far. Among the casualties was media mogul Rupert Murdoch’s estate. The affluent neighborhood of Bel Air fell victim to the Skirball […]
Joe Raedle / Getty Images If you’re planning to sell or buy a home, there are some key things you should know before hiring a real estate agent. You don’t always need a real estate agent to sell your home, but if you do hire one, commission is usually negotiable. Big agencies aren’t always better — sometimes the […]
In the ultra-crowded city, caverns could offer room for things like waste management and treatment, data storage, parking, and slaughterhouses. https://media.wired.com/photos/5a15ea51e2135f7de872efe3/master/pass/hongkongcaverns-FA.jpg Feed: All Latest
Shutterstock/Dan Breckwoldt Foreign buyers aren’t the cause of skyrocketing real estate valuation, rather they are a symptom of the real cause: speculation. Foreign buying numbers for Toronto and Vancouver real estate are going to spike soon. The registry will likely be hammered with higher numbers, and climb at a rapid rate. This will look like the […]
GUEST: “This changes everything.” That’s how Apple introduced the original iPhone in 2007. But it could just as easily apply here and now to the blockchain and its potential to enable transformative innovation in a variety of industries. The most mature proposals for blockchain-led innovation are in the banking and financial services sector and cyber […]
Johnny Joo It’s been a record year for real estate mergers and acquisitions, with $ 387 billion in announced transactions worldwide. Part of the explanation rests with Real Estate Investment Trusts (REITs) that own and operate shopping malls, which have been battered amid the ongoing retail apocalypse but now may be undervalued. Global logistics businesses, which […]
The estate tax, which the House GOP bill would repeal and the Senate GOP bill would cut, is a microcosm of a long economic debate in the United States. One must emphasize here the prefix micro in microcosm. Revenues from the estate tax, which only applies to inheritances worth more than $ 5.5 million, will […]
