Foreigners stage 'positive invasion' of Sicily in €1 home sale
Bargain hunters from Argentina to China swooped on a €1 auction and snapped up 16 abandoned Sicilian homes in a foreign buying frenzy that was heralded on Thursday as a positive invasion of a dying hilltop town. Selling homes for token sums has become a ...
Toyota and Panasonic to merge housing units and team up on 'smart town' business
The move by the leading carmaker and electronics manufacturer comes amid shrinking demand in the domestic housing market due to Japan’s declining population.
The government is doing a poor job of fixing the ever-worsening problem of unused houses.
Aging millennials projected to drive up U.S. housing prices and rents
Becoming a homeowner is likely to get more costly and competitive over the next decade as millions more Americans enter the age range where people typically seek to buy their first home. Nearly 45 million Americans will enter their mid-30s over the next 10 years, ...
Number of abandoned homes in Japan edges up to record high of nearly 8.5 million
Empty homes now account for 13.6 percent of Japan’s housing stock, with the bulk of them concentrated in Yamanashi and Wakayama prefectures, government data show.
Housing starts in February rose 4.2 percent from a year ago to 71,966 units, up for a third straight month, the land ministry said Friday. The increase was led by growth in construction starts for owner-occupied housing and condominiums. Starts for owner-occupied housing, such as custom-built ...
Some rural Hong Kong men with special land rights call for end to colonial system
Sitting in the spacious courtyard of an 18th-century ancestral hall belonging to his clan, William Liu defiantly rejects a lucrative birthright that his special status as one of Hong Kong's male indigenous villagers affords him. Liu hails from the rural northern part of Hong Kong ...
Starting fresh in Tokyo is easier than you think
I know what you're thinking: Moving to Tokyo is going to be a whole world of stress. That's what I thought at least. There was the language barrier, the fact that I had no idea where in the city I wanted to live and ...
Both the company and the authorities need to determine why such a large-scale faulty construction was allowed to happen and take steps to ensure such problems aren't repeated in the future.
Leopalace21 to ask over 14,000 residents across Japan to vacate apartments after probe finds defects
Rental apartment operator Leopalace21 Corp. said Thursday it will ask 14,443 residents to move out as it plans to repair defects found in 1,324 of its apartments. The company said a probe found faulty installation of a fire-resistant material in ceilings and the use of ...
In a slum built in Cambodian cemetery, the living far outnumber the dead
When floodwaters swept a chunk of riverbank into the Mekong just south of the Cambodian capital, Phnom Penh, Sun Ramaly managed to save her clothes and her kitchen utensils. Her one-room shack, however, crumbled into the river. Along with a handful of families whose meager ...
Humming U.S. factories end 2018 on sour note as five Fed indexes slip, Trump trade worries surge
Five Federal Reserve indexes of regional manufacturing all slumped in December, the first time they've fallen in unison since May 2016 and the latest evidence that a pillar of the U.S. economy has started to wobble heading into next year. The Dallas Fed's factory index ...
