“The government can place them under watch and pressure them through their employers or relatives not to make trouble,” said Minxin Pei, a professor of government at Claremont McKenna College […]
Real Estate and Housing (Residential)
Trending topics and news from the Real Estate and Housing (Residential) category
Back to news homeEvergrande Crisis Shows Cracks in China’s Property Market
Angry home buyers are waiting on as many as 1.6 million apartments. Suppliers that sold cement, paint, rebar and copper pipes are owed more than $100 billion in payments. Employees […]
What Would an Evergrande Default Look Like?
Shares of China Evergrande, the troubled real estate giant whose fate has contributed to jitters in global markets, fell again on Tuesday amid a new prediction that it would soon […]
Evergrande Gave Workers a Choice: Lend Us Cash or Lose Your Bonus
When the troubled Chinese property giant Evergrande was starved for cash earlier this year, it turned to its own employees with a strong-arm pitch: Those who wanted to keep their […]
Evergrande Gave Workers a Choice: Loan Us Cash or Lose Your Bonus
When the troubled Chinese property giant Evergrande was starved for cash earlier this year, it turned to its own employees with a strong-arm pitch: Those who wanted to keep their […]
California’s Housing Crisis Looms Large for Gavin Newsom
The median home price in California has eclipsed $800,000. Tenants in the state are among the most cost-burdened in the country. Each night more than 100,000 residents sleep outside or […]
China Evergrande Warns of Financial Pressure, Hires Advisers
China Evergrande, the troubled property giant that has become a symbol of debt and excess in the world’s second-largest economy, said on Tuesday that it faced “tremendous” financial pressure and […]
Always Pay the Rent? It May Help Your Mortgage Application.
“While credit history is a key element in evaluating a borrower’s ability to make a mortgage payment, building credit in the United States is not an equitable endeavor,” said Hugh […]
Why Evergrande’s Debt Problems Threaten China
Every once in a while a company grows so big and messy that governments fear what would happen to the broader economy if it were to fail. In China, Evergrande, […]
California’s Plan to Make New Buildings Greener Will Also Raise Costs
But in other locations like San Bernardino, a far less affluent city east of Los Angeles, where the typical home sells for about $529,000, the cost of solar panels and […]