Tag: Housing

China’s indebted property firm Evergrande committed two ‘cardinal sins,’ says portfolio manager

The Emerald Bay residential project developed by China Evergrande in the Tuen Mun district of the New Territories in Hong Kong, China, on Friday, July 23, 2021. Lam Yik | Bloomberg | Getty Images China Evergrande has committed “two cardinal sins” which have led to the debt crisis it’s now facing — and investors are […]

Read More

Supreme Court blocks Biden administration’s eviction moratorium

The US Supreme Court is seen in Washington, DC, on May 4, 2020. Saul Loeb | AFP | Getty Images The Supreme Court late Thursday blocked the Centers for Disease Control from enforcing a federal moratorium on evicting renters during the Covid pandemic, a defeat for the Biden administration’s effort to continue the moratorium despite […]

Read More

Here’s how Black Americans can begin building wealth right now

MoMo Productions | Taxi | Getty Images When it comes to building wealth, many Black Americans are facing an uphill battle. The median annual wage for Black workers is about 30% lower than that of white workers, according to a McKinsey & Company report. The report also found that 3.5 million of the country’s Black […]

Read More

अश्गाबात दुनिया का सबसे महंगा शहर

Mercer Cost of Living Survey के मुताबिक बाहर से आए कामकाजी लोगों के लिए तर्कमेनिस्तान दुनिया का सबसे महंगा शहर है. यहां बाहर से आए लोगों को दुनिया में सबसे ऊंची कीमत पर चीजों को यहां खरीदना पड़ता है जिस कारण यह दुनिया का सबसे महंगा शहर बन गया है.  रिपोर्ट के मुताबिक, तुर्कमेनिस्तान में […]

Read More

Supreme Court decision could help advance Biden’s housing agenda — starting with the firing of the FHFA director

Changes are quickly coming to the regulatory body that oversees mortgage giants Fannie Mae and Freddie Mac, thanks to a decision released Wednesday by the U.S. Supreme Court. In a decision written by Justice Samuel Alito that included many of the court’s nine justices dissenting on certain points, the Supreme Court ruled that the structure […]

Read More