thejapantimes, to business
@thejapantimes@mastodon.social avatar

A campaign by Chinese authorities to encourage people to replace their old apartments with new ones is attracting interest, but participants are struggling to sell their current homes. https://www.japantimes.co.jp/business/2024/05/17/economy/china-property-plan-poor-start/

ProPublica, to Minnesota
@ProPublica@newsie.social avatar

AG Sues Contract-for-Deed Seller Who Allegedly Targeted Community

The complaint, which alleges violations of lending and religious discrimination, follows a ProPublica and Sahan Journal investigation.

https://www.propublica.org/article/minnesota-attorney-general-sues-contract-for-deed-seller-chadwick-banken

br00t4c, to random
@br00t4c@mastodon.social avatar

‘I feel like I've been tricked’: Some property buyers in China’s Tianjin have been waiting 8 years for their homes (www.cnbc.com)

A group of around 1,500 homebuyers say they have yet to see the apartments they paid for about eight years ago, as challenges persist in China’s property sector. The promise was they would be ready by 2019, but the majority are still unfinished, according to five of the homebuyers, who requested anonymity out of fear of...

ProPublica, to chicago
@ProPublica@newsie.social avatar

NEW: IRS Audit of Could Cost Former President More Than $100 Million

The agency concluded in its long-running investigation that Trump effectively claimed the same massive write-off twice on his failed tower.

https://www.propublica.org/article/trump-irs-audit-chicago-hotel-taxes?utm_medium=social&utm_source=mastodon&utm_campaign=mastodon-post

sharina_mc1, to Finance
@sharina_mc1@ohai.social avatar

Contrary to popular belief, the financial system isn't broken; it functions precisely as intended. Inflation, often seen as a drawback, actually serves as a deliberate mechanism to discourage saving and incentivize investing.
#finance #business #money #investing #financialfreedom #investment #entrepreneur #trading #stockmarket #stocks #wealth #invest #bitcoin #success #forex #motivation #realestate #investor #cryptocurrency #personalfinance #crypto #financialliteracy #wallstreet

990000, to architecture
@990000@mstdn.social avatar

Wow. Is this late stage capitalism or what? Lower the damn rent!

“Michigan woman found living inside rooftop store sign with desk and coffee maker. The woman told police she had been living inside the grocery store sign for roughly a year, and had been able to get electricity”

https://www.theguardian.com/us-news/article/2024/may/10/michigan-woman-living-inside-store-sign

br00t4c, to random
@br00t4c@mastodon.social avatar
br00t4c, to random
@br00t4c@mastodon.social avatar
GhostOnTheHalfShell, to Economics
@GhostOnTheHalfShell@masto.ai avatar

This is what I think is a basic question. When a bank sells a home loan it's selling the total value of the loan, which is principal and expected total interest paid minus payments so far, right?

In other words, the sale value is close to

Value = Principal

  • TotalOverLifeOfLoan
  • PaymentsMadeSoFar

https://en.wikipedia.org/wiki/Freddie_Mac

br00t4c, to DaftPunk
@br00t4c@mastodon.social avatar

'Fractional home ownership' wants to fix real estate's woes. What is it and could it work?

https://qz.com/real-estate-housing-market-fractional-home-ownership-1851460546

ai6yr, to random

🤨 ABC11: Housing complex planned for Cedar Creek area raises tension between residents, developer "People living in the area argue that the developer shouldn't be building there because it's a wetland, and they question the involvement of a business linked to the mayor in the project. " https://abc11.com/fayetteville-housing-complex-planned-for-cedar-creek-area-raises-tension-between-residents/14757353/

br00t4c, to DaftPunk
@br00t4c@mastodon.social avatar

'I have to rent out this house for $10,000': Expert says real estate is 'cooked.' Here's what it means for you

https://www.dailydot.com/news/real-estate-market-correction/

br00t4c, to random
@br00t4c@mastodon.social avatar
thejapantimes, to Japan
@thejapantimes@mastodon.social avatar

The estimated number of vacant homes in Japan stood at 9 million as of Oct. 1 last year, hitting a record high, an internal affairs ministry survey showed. https://www.japantimes.co.jp/news/2024/05/01/japan/japan-vacant-homes-record-high/

ai6yr, (edited ) to random

Disappointed the real estate agent (is that Realtor(TM)?) at the door, who specifically drove over to my house to try to figure out if we were selling (noticed the pods out front for the last few months due to our disaster remodeling), LOL. Has been showing up regularly trying to find "the owners", based on all my security camera logs... (there is a shortage of inventory on the market here, for sure).

br00t4c, to Futurology
@br00t4c@mastodon.social avatar

Location, location location: Why real estate's golden rule also applies to morel mushrooms

https://www.cbc.ca/news/canada/london/morel-mushrooms-london-ontario-1.7187971?cmp=rss

thejapantimes, to business
@thejapantimes@mastodon.social avatar

Some local governments are unable to raise funds to pay promised subsidies, frustrating buyers and casting doubts over future support measures. https://www.japantimes.co.jp/business/2024/04/30/china-home-subsidies-struggle/

ai6yr, to random
br00t4c, to random
@br00t4c@mastodon.social avatar

: Why Nick Chavin Turned on His Former Best Friend, Richard Durst

https://www.esquire.com/entertainment/tv/a60635444/nick-chavin-true-story-the-jinx-part-2/

br00t4c, to DaftPunk
@br00t4c@mastodon.social avatar

Three Reasons You Should Turn Down Unsolicited Real Estate Offers

https://lifehacker.com/money/never-accept-unsolicited-offers-to-buy-your-house

br00t4c, to egypt
@br00t4c@mastodon.social avatar
br00t4c, to random
@br00t4c@mastodon.social avatar

The biggest real estate mistakes you can make, according to the Property Brothers

https://qz.com/property-brothers-drew-jonathan-scott-hgtv-real-estate-1851433443

ai6yr, to california

LA Times: These are the California cities where $150,000 still buys you a home. Would you live here? "...For the last 30 years, Ann Epperly has lived in Trona, one of only nine California cities, towns and unincorporated areas tracked by Zillow with median home values under $150,000 in February 2024." https://www.latimes.com/california/story/2024-04-24/california-9-cities-where-150-000-can-buy-an-average-home

ai6yr,

Trona's gas station... Bustling downtown Trona store. The dollar store! Trona starter home! What a wonderland!

Boarded up storefront
Abandoned Dollar Store
Pile o'Bricks that was a house

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