This chart shows how worldwide house prices have grown
The Reserve Bank of Australia (RBA) recently warned that the housing market is becoming a threat to economic stability.Separately, Saul Eslake warned that Australian household debt is well out of line...
View ArticleInside the gorgeous New York triplex with a panic room on every floor owned...
A Saudi prince has listed his luxurious, 10,500-square-foot triplex in New York City for a staggering $48.5 million. The seller is reportedly Prince Nawaf bin Sultan bin Abdulaziz Al-Saud, according to...
View ArticleNew York City makes it easy for corrupt people to hide their money in real...
A recent The New York Times investigation into Manhattan's luxury real estate market exposed how easy it is for corrupt foreign officials and convicted felons to move to the city. The Times's Louise...
View ArticleThe 15 best buildings of the year, according to London Design Museum
The London Design museum has picked out its favorite buildings of the past year.From the new Louis Vuitton museum in Paris to the specular arched Markthal Rotterdam food market — not to mention some...
View ArticleHow to shave years off a decades-long mortgage
Think turning a 30-year mortgage into a "30 year" lien you pay off a few years early is as easy as sneaking in some extra payments?Not quite.In most cases, a home mortgage is the heaviest debt average...
View Article10 ways millennials are changing the real estate business
For decades, the telephone has been the real estate agent's tool of the trade.But a new wave of younger home buyers is changing the way agents use those phones.Millennials, born between 1980 and the...
View ArticleAn entire 154,139 square-foot Italian castle is on the market for $32 million
The Italian housing market is flooded with historical buildings that owners no longer want to pay taxes on or keep up, according to Curbed.Fortunately, the upside to this comes in the form of a giant...
View ArticleWhat $325,000 will get you in 10 housing markets across America
Sometimes, living in a major metropolitan area can mean sacrificing a desirable environment or features for convenience. Well, we have good news for you. The following homes go against that...
View ArticleThese are the big shots who live at 15 Central Park West, the world's most...
We've said it before and we'll say it again: 15 Central Park West is the most powerful apartment building in the world. The Manhattan condo is filled with bankers, hedge funders, business tycoons, and...
View ArticleA 24-year-old college dropout explains how he went from $10,000 in savings to...
In 2010, Mike Henkel dropped out of college after only two years at Central Michigan University."It was always in the back of my mind that I never wanted to work for anyone else," he explains. "I was...
View ArticleThis flowchart could help you decide whether to buy or rent a home
Should you buy or rent a home?The flowchart below may be able to help you decide.Like with most money questions, there's no one, universal answer.Instead, it depends on your own situation, from the...
View ArticleHow Chinese investors are taking over the New York real estate market
For more than two decades, China’s most populated city, Shanghai, has experienced a building frenzy unlike any other: Developers have built office buildings in the city of 24 million as far as the eye...
View ArticleThe battle for New York City's most expensive penthouse is ON
Now that we have reached the nine-figure threshold with the sale of a penthouse at One57 for $100.5 million, New York's luxury real-estate developers are seeing how far they can push the price tags on...
View ArticleHere's what a million dollars buys in housing markets around the world
The price of luxury real estate is rising faster in the United States than it is anywhere else on earth, according to the latest World Wealth Report from real estate firm Knight Frank.Prices rose by...
View ArticleForget what you have heard: The UK doesn't have a housing shortage
Do we have a housing supply problem in the UK? Your automatic answer to the question will probably be "yes". After all, if we didn’t have a shortage of houses, house prices wouldn’t be as high as they...
View ArticleThe 10 US cities where home values are growing fastest
The federal government's recent jobs report provides more evidence that the nation's recovery is in full swing. January's report showed the economy continued to add jobs, building on the strong...
View Article11 crazy facts about junk bond billionaire Ira Rennert's $248 million...
Junk bond billionaire Ira Rennert has a massive house in the Hamptons.It's also pretty controversial. The business mogul, who Forbes says is worth $5.9 billion, was recently in court defending the...
View ArticleHere’s the best time of the year to sell your home
You’ve heard it before: List your home early in the year. That way, you’ll be ready to close the deal when home sales peak in June. But what exactly does “early in the year” mean?Based on an analysis...
View ArticleThe unexpected failure of this seemingly healthy company shows what can go...
The Chinese property developer Kaisa has run into financial problems that have yet to be satisfactorily explained. Despite, or perhaps because of, these unanswered questions, the episode sheds an...
View ArticleThese upcoming changes may help get some people out of the credit report...
The three big credit reporting agencies are making changes that could help steer some consumers clear of the credit dog house.Data collected by the agencies Equifax, Experian and TransUnion on hundreds...
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