Sneksy | E+ | Getty ImagesRent prices are coming down in some areas, but not at the pace needed to relieve tenants struggling to pay rent.Half of renters in the U.S. spent more than 30% of their income in 2022 on rent and utilities, according to the new...
Pictured here is a real estate project under construction in Huai’an, China, on Jan. 21, 2024.Nurphoto | Nurphoto | Getty ImagesBEIJING — Demand for new housing in China is set to drop by around 50% over the next decade, making it harder for Beijing to quickly...
The Aozora Bank Ltd. headquarters in Tokyo Japan, on Thursday, Feb. 1, 2024. Japan’s Aozora Bank became the second lender in a span of hours to surprise investors with losses tied to US commercial property, sending shares down by the limit and heightening...
Recep-bg | E+ | Getty ImagesRent costs are beginning to come down after record-high asking prices.”Rental markets are cooling, but in a lot of places, it doesn’t mean they’re falling. It means they’re growing at a slower pace,” said...
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailPranjul Bhandari, chief India economist at the bank, says that’s because “incomes haven’t fallen that much, as was feared a couple of months...
