Wealth shock: Property bust in small Chinese cities rattles households
Homeowners are battling a rare property market downdraft that's eroding the wealth of millions in the world's second-largest economy.
Tokyo-area average condo price hit record high in fiscal 2021
The average price in Tokyo and neighboring Kanagawa, Saitama and Chiba prefectures rose 6.1% from the previous year to ¥63.6 million, surpassing the previous record set in fiscal 1990.
Kyoto eyes tax on empty houses and holiday homes to stem exodus of young people
The new tax — the first of its kind in Japan, according to the city — will target around 13,000 to 15,000 unoccupied residences in the historic city.
Opaque governance has investors eyeing other data to see if China housing clampdown is easing
Money managers are looking at indicators such as sales data, household loans, bond sales and equity placements for a more detailed picture of developers’ funding stress.
Apartment prices in Tokyo exceed bubble-era high to hit record
Rising demand from dual-income households and increasing construction costs are boosting the capital’s once-moribund housing market.
Nomura Real Estate tries to attract EV drivers with new condo
With Japan’s pledge to go carbon neutral by 2050, some developers hope housing developments like this become the norm.
Tycoon behind a crisis-era property crash now sits on a $9 billion debt mountain
Germany's Adler Group owes its creditors more than €8 billion ($9.3 billion) and bears warn it might be more leveraged than it appears.
Evergrande meltdown drives down stocks with few links to China
The chain reaction triggered by the Chinese real estate developer's debt worries may say more about the extreme altitude of global risk assets than it does about economic contagion.
The global housing market is broken, and it’s dividing entire countries
The perennial issue of housing costs has become one of acute housing inequality, and an entire generation is at risk of being left behind.
China’s nightmare Evergrande scenario is an uncontrolled crash
The timing is particularly tricky as China juggles an economic slowdown, a sweeping crackdown on the private sector and rising tensions with Washington.
Working from home driving U.K. property price surge, says Bank of England
The increase reflects a shift in preferences for bigger houses, since more consumers expect to need office space at home, according to the bank.
Selling out: America's local landlords. Moving in: Big investors
Many housing campaigners say the growing presence of big investors in the market will inevitably mean higher rents and less affordable housing available.
