Breakingviews - Singapore withstands a global property downturn
After years of dizzying growth, real estate in financial centres is getting hammered on the back of rising interest rates and fears of a global recession. Home prices in Hong Kong, the world’s least affordable property market by far, could fall by as much as 30% by the end of 2023 from 2021 levels, reckon analysts at Goldman Sachs.
Singapore is grappling with the opposite problem. The city-state boasts a home ownership rate of nearly 90% as of 2021, thanks to the government’s public housing policies. With average annual real wages growing
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Breakingviews - Singapore withstands a global property downturnProperty is crashing everywhere, except in Singapore. The Asian city-state’s private residential prices are up 14% year-on-year, according to third-quarter data from Knight Frank. That’s a sharp contrast to major cities like Hong Kong and Sydney, which saw decreases of 7% and 4% respectively over the same period.
Leer más »
Canada is banning some foreigners from buying property after home prices surged | CNN BusinessCanada in 2023 is closing its doors to foreign investors who want to purchase homes.
Leer más »
Man tracks stolen AirPods to Southwest Side truck stop; SAPD arrests 4, recovers stolen propertyA man who had his car stolen and his work van burglarized overnight, tracked his AirPods to find the suspects at a Southwest Side truck stop.
Leer más »
Property tax revision, judicial branch expansion among new Texas laws that took effect Jan. 1Several laws passed in the 2021 Texas legislative sessions laws took effect Jan. 1, including a revision to how property taxes are collected, an expansion of the judicial branch and an amendment to pollution standards.
Leer más »
Property tax revision among new Texas laws that took effect Jan. 1Here's a rundown of several laws passed in the 2021 Texas legislative session that took effect Jan. 1.
Leer más »
Peter Sakai sworn in as Bexar County’s first Asian American county judgePeter Sakai is the first Asian American to serve as Bexar County judge. He replaces Nelson...
Leer más »