Latest Real estate News
Chinese property developer Country Garden plans deal with creditors, as industry languishes
HONG KONG (AP) — Embattled Chinese property developer Country Garden expects to reach a deal with its creditors in February to restructure billions of dollars in debt, the company’s lawyer told a Hong Kong court Monday. One of the largest Chinese real estate companies, Country...
Why is Spain considering a 100% tax on homes bought by non-EU buyers?
MADRID (AP) — Spain is planning a raft of measures to address its brewing housing crisis, including an up to 100% tax on properties bought by people who are neither citizens nor residents of the European Union. Spanish Prime Minister Pedro Sánchez announced the plan this week to...
Is Hawaii’s historic investment in affordable housing paying off?
Hawai’i’s Legislature made a historic investment in affordable housing in 2022, betting that $300 million would make a dent in the state’s affordability crisis. Two and a half years later, initial results are encouraging: About 2,000 units priced below market rates are in the...
