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Sat, Jul 27, 2024 02:05 AM All times are UTC

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Sharehousing can be fun, but fraught with risk – and the law offers little protection. These 3 changes could help

Jul 21, 2024 16:33 pm UTC| Insights & Views Real Estate

Anyone whos lived in a sharehouse knows it only takes one person to send the household off the rails. Everyones life is affected when one housemate leaves out food, plays loud music all night or routinely uses all the hot...

From NIMBY to YIMBY: How localized real estate investment trusts can help address Canada’s housing crisis

Jul 11, 2024 07:55 am UTC| Investing Real Estate

The housing crisis in Canada has reached a critical juncture. With rising real estate prices and a dwindling number of affordable options, it is crucial that Canada rapidly increases housing stocks in high-demand...

Detroit’s legacy of housing inequity has caused long-term health impacts − these policies can help mitigate that harm

Jul 04, 2024 06:29 am UTC| Economy Real Estate

Detroiters who face rising rents, poor living conditions and systemic barriers to affordable and safe housing are at greater risk of poor health, our research finds. We study the connection between housing inequities...

No-cause evictions have the potential to hurt renters – with little gain for good landlords

Jun 20, 2024 05:42 am UTC| Insights & Views Real Estate

Housing security for New Zealands 1.7 million renters could be threatened if the Residential Tenancies Amendment Bill becomes law. Among some potentially positive changes in the amendment such as the introduction of a...

UK cities need greener new builds – and more of them

Jun 05, 2024 04:15 am UTC| Insights & Views Real Estate

Amid the growing local government bankruptcy crisis, as many as half of the local authorities in England and Wales might be forced to cut their green spaces budgets. The situation in Scotland and Northern Ireland is not...

Colorado takes a new – and likely more effective – approach to the housing crisis

May 27, 2024 06:58 am UTC| Insights & Views Real Estate Economy

In recent years, Colorado has been a poster child for the U.S. housing crisis. Previously a relatively affordable state, it has seen home prices increase nearly sixfold over the past three decades, outstripping even...

Why knock down all public housing towers when retrofit can sometimes be better?

May 24, 2024 10:26 am UTC| Insights & Views Real Estate

The Victorian government is planning Australias largest urban renewal project. The plan is to knock down and rebuild 44 large public housing towers in Melbourne. The government says these towers, built in the 1960s and...

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Economy

U.S. Economy Grows Faster Than Expected in Q2, Inflation Pressures Easing

The U.S. economy expanded faster than anticipated in the second quarter, with a 2.8% annualized growth rate driven by robust consumer spending and business investment. Inflation pressures eased, supporting expectations for...

China Central Bank Surprises Markets with Second Unscheduled Rate Cut This Week

Chinas central bank surprised markets again this week with an unscheduled rate cut, issuing 200 billion yuan in one-year loans at significantly lower rates to stimulate the economy and address sharp stock market...

Turkey Terminates Saudi Deposit, Reflects Growing Economic Confidence

On July 24, Turkeys central bank announced it terminated a $5 billion deposit transaction with Saudi Arabia, signaling increased confidence in rebuilding foreign exchange reserves independently. The move reflects Turkeys...

Japan's Factory Activity Declines in July, but Service Sector Sees Significant Growth

Japans factory activity contracted slightly in July as output and new orders fell, according to a business survey. However, the service sectors expansion led to overall growth in the private sector, with the au Jibun Bank...

China Cuts Interest Rates to Boost Economy Amid Growth Concerns

On July 22, China, the worlds second-largest economy, enacted unexpected interest rate cuts to stimulate its sluggish, debt-laden economy. The Peoples Bank of China lowered key rates by 10 basis points following...

Politics

DNC Revamps Nominating Process as Kamala Harris Rises to Prominence

The Democratic National Committee (DNC) is set to conduct a virtual roll call vote to select the partys 2024 presidential nominee ahead of the convention in Chicago. This procedural change reflects the rapid momentum...

Donald Trump Refuses to Debate Kamala Harris, Suggests Democrats Might Change Nominee

Former President Donald Trump has announced that he will not commit to any debates with Vice President Kamala Harris at this time, suggesting that the Democratic Party might still change its nominee for the upcoming...

Melania Trump's Upcoming Memoir Faces Backlash: Critics Slam It as a 'Cash Grab'

Melania Trumps anticipated memoir, Melania, has ignited a storm of criticism even before its fall 2024 release. The former First Ladys book, now available for preorder on her website with prices ranging from $40 to $150,...

FBI Director Casts Doubt on Donald Trump's Bullet Injury Claim in Assassination Attempt

FBI Director Christopher Wray expressed uncertainty on Wednesday about the nature of the injury former President Donald Trump sustained during an assassination attempt earlier this month. Testifying before the House...

Kamala Harris Demands Ceasefire, Vows Not to Stay Silent on Gaza Suffering

Vice President Kamala Harris has declared she will not remain silent about the suffering in Gaza amid the ongoing Israel-Hamas war. On Thursday, Harris conveyed her serious concerns to Israeli Prime Minister Benjamin...

Science

SpaceX Falcon 9 Ready to Fly Again Saturday After Resolving Engine Anomaly

SpaceX is set to relaunch its Falcon 9 rocket on Saturday (July 26) after a rare flight anomaly earlier this month. The company identified and fixed an engine issue, ensuring the rockets safety and readiness for its next...

SpaceX Reports 50,000 Collision-Avoidance Maneuvers by Starlink Satellites in Six Months

SpaceXs recent report indicates Starlink satellites executed 50,000 collision-avoidance maneuvers from December 2023 to May 2024, reflecting increasing traffic in orbit and raising concerns about potential...

SpaceX Unveils Design for ISS Deorbit Vehicle Using Dragon Heritage Hardware

NASAs decision to entrust SpaceX with constructing the ISS deorbit vehicle marks a significant milestone in space technology. SpaceX recently revealed a rendering of the car based on its Dragon spacecraft, which features...

SpaceX Completes Heat Shield Upgrade for Starship Ahead of Critical Flight 5 Test

SpaceX has completed a significant heat shield upgrade for Starship ahead of its fifth test flight. The upgrade aims to improve reentry safety following the issues from the fourth flight. A critical static fire test is...

SpaceX's New EVA Spacesuits Pass Testing for Historic Commercial Spacewalk

SpaceX has finalized acceptance testing of its new EVA spacesuits, marking a significant milestone for the Polaris Program. The suits will facilitate the first commercial spacewalk, led by entrepreneur Jared Isaacman,...

Technology

Bitcoin to Hit $13M! Michael Saylor's Bold Forecast at Bitcoin 2024 Stuns Audience

MicroStrategy co-founder Michael Saylor stunned the Bitcoin 2024 audience with a prediction that Bitcoins price will hit $13 million per coin by 2045. Bold BTC Predictions for 2045 Michael Saylor, a vocal co-founder...

Bitcoin Climbs to $67K: 75% of Short-Term Holders in Profit

Bitcoin has surged to $67,000, placing over 75% of short-term holders in profit and suggesting further bullish momentum. With three-quarters of short-term Bitcoin holders now turning a profit, the cryptocurrency could...

WhatsApp Hits 100 Million Monthly Users in the US, Bridging iPhone and Android Gap

WhatsApp has reached 100 million monthly active users in the United States, marking significant growth in a market dominated by Apples iMessage and traditional texting. This milestone highlights WhatsApps role in bridging...

Sam Altman's Worldcoin (WLD) Soars 10% Amid Latest Strategic Update

Worldcoin (WLD) surged 10% in value, hitting $2.31, following a crucial update from its developers. Major Price Surge Details A tremendous increase in the value of Worldcoin (WLD) has recently occurred. In the past...

$3.9B Bitcoin Futures Expiry Could Trigger Price Drop Below $63K

On July 26, Bitcoin might experience price drops below $63,000 as $3.9 billion in futures contracts expire, raising market concerns. Deribits Significant Bitcoin Futures Expiry On July 26, more than $3.9 billion...