property,

$500m fire sale: Lenders begin to break up Jean Nassif’s crumbling empire… German property giant Vonovia slips to $2.1 billion loss as sector struggles

More than $500 million worth of major Sydney housing development projects are poised to hit the market as fugitive Jean Nassif’s failed property empire is rapidly dismantled by major lenders seeking quick sales to recoup debt. Thousands of anxious apartment owners living in Toplace buildings are concerned that nothing will be left over for them …

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The Concept of “Income Tax” is Unequivocally a Property Invasion

by Chris Black Meanwhile, the Republicans continue to refuse to call for the IRS to be abolished, even whilst it is obviously unconstitutional. IRS will stop showing up at homes unannounced in effort to protect agents, combat scammers https://t.co/d9oDgDP9Ms pic.twitter.com/PZkatuxhMS — New York Post (@nypost) July 24, 2023 Have you seen these photos of the …

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China’s property crisis worsens

Chinese property giant Country Garden sinks in renewed storm SINGAPORE/HONG KONG/LONDON, July 21 (Reuters) – China’s property sector crisis escalated again on Friday as a sharp fall in the shares and bonds of one of the country’s biggest developers, Country Garden (2007.HK), capped a turbulent week for the long-troubled sector. News that the firm, which …

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Illinois will require Landlords to Rent and Sell property to illegal Aliens

https://twitter.com/dailyjobcuts/status/1678396843397464067 Illinois will soon require landlords to rent and sell property to illegal aliens, opening the housing market to tens of thousands considered deportable from the United States, even as rents remain sky-high in metropolitan areas like Chicago. Late last month, Gov. J.B. Pritzker (D) signed SB 1817 into law, which will add “immigration status” …

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US homeowners lost $108.4 billion in equity, risking underwater status if property prices fall further.

Inside the negative equity timebomb: US homeowners lost $108.4 BILLION in equity this year – leaving more than 200,000 at risk of going ‘underwater’ if property prices fall another 5% Homeowners are sitting on a negative equity timebomb after losing $108.4 billion on their property values this year, experts say. The average borrower saw their …

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A property developer who has been operating in crime-ridden Portland for four decades says that he’s pulling out of the city because he has ‘nothing left in the tank’

A property developer who has been operating in crime-ridden Portland for four decades says that he’s pulling out of the city because he has ‘nothing left in the tank’ after recently selling one property for nearly half its listed value. Kevin Howard, 75, told KATU in a recent interview that the property in question had …

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Florida Bans Chinese Non-Citizens from Owning Property

by Chris Black No foreign nationals should be allowed to own property. Most people probably missed that Florida Gov. Ron DeSantis made it illegal for Chinese nationals to buy property in the state. He signed SB 264 in May that bans even thise living here legally from purchasing property, further enhancing his xenophobia.https://t.co/jLOcbqAvha — Ray …

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