Consumers and business owners say they feel paralyzed by despair, and their reluctance to spend and borrow is feeding what could become a dangerous cycle.
Category: Real Estate and Housing (Residential)
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China Central Bank Cuts Key Interest Rate on Bank Lending
The action by the People’s Bank of China, the central bank, the latest in a series of steps to try to spur lending, was more modest than expected.
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China Faces a Crisis in Its Real Estate Sector
Beijing wanted to cool its housing market, but created a bigger problem, as the fallout from debt-laden developers and sinking sales spreads to the broader economy.
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In China, More Single Female Home Buyers, Resisting Sexist Norms
The housing market in China is in turmoil. But more and more women, facing a less equal society, are buying their own homes in search of security.
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China Evergrande, Giant Developer, Files for Bankruptcy
The filing comes two years after the company defaulted on its debt, setting off defaults by smaller Chinese developers.
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U.S. Mortgage Rate Jumps to Highest Level Since 2002
The average rate on a 30-year mortgage has been rising again, making it even harder for buyers to afford homes, which are in short supply.
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Why Wall Street is Gung-ho on the Housing Market
Despite mortgage rates hitting multidecade highs and jitters in the bond market, demand for new homes is strong and prices are rising.
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Can Affluence and Affordable Housing Coexist in Colorado’s Rockies?
The outdoorsy lifestyle of Colorado mountain towns has become a magnet for the new remote-worker class, upending life for those already rooted there.
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How a Small Group of Firms Changed the Math for Insuring Against Natural Disasters
Climate change, inflation and global instability have thrust companies that sell insurance to insurers into the spotlight.
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Country Garden: Why Its Financial Crisis Poses a Risk to China
Country Garden was China’s biggest real estate developer. Now it is staring down default, facing billions of dollars in losses and $200 billion in unpaid bills.
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How to Display Kids’ Artwork and Photos at Home
There’s more than one way to show them off stylishly in your home. Here’s how the pros do it.
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How an Interior Designer Made Do With Only 475 Square Feet
Finding an apartment in Brooklyn isn’t easy, but one interior designer had an advantage over other buyers: She wasn’t afraid to live in a tiny space.