With borrowing costs rising and the economic outlook darkening, commercial landlords and real estate investors are finding it harder to find financing.
Author: admin
Post
U.K. ECONOMIC BLUES TO GET DARKER
Of all G7 countries—seven of the world’s leading economies—the U.K. will grow slowest through the next two years due to a crippling combination of rising interest rates, consumers’ plunging buying power, and unchecked inflation, the Organization for Economic Cooperation and Development (OECD) has predicted.
Post
CHINA CONTINUES LOCKDOWNS. PROTESTS WILL BE QUASHED
China reported about 28,000 new COVID cases on 22 November, triggering a new wave of lockdowns in parts of Beijing, the manufacturing center of Guangzhou, and the metro area of Chongqing, home to more than 31 million people.
Post
WHEN THE ECONOMY FALLS JOBS GO WITH IT
Inflation and interest rate hikes are causing companies in many sectors to lay off employees. To illustrate the employment trends and the socioeconomic implications, each week we will list job losses. This is week 19.
Post
THE INSIDE GOVERNMENT GANG WINNING BIG ON INSIDER TRADES
The private, nonprofit Campaign Legal Center (CLC) has filed legal complaints prompted by a recent Wall Street Journal report that thousands of appointees at 50 federal agencies held stock in companies that were affected by their policy decisions.
Post
INVESTORS SCALE BACK ON BUYING HOMES: WHAT TO EXPECT
Private equity funds poured billions of dollars into the housing market since the COVID era began, buying up tens of thousands of single-family homes in a trend we documented in articles such as “Rents Soar as Investors Buy Properties and Raise Rates” (14 Sep 2021) and “Homes Sales Up as Money Gang Gobbles Up Houses” (23 Nov 2021).
Post
HOME SALES UP 7.5 PERCENT IN OCTOBER
The number of new U.S. homes sold in October was 7.5 percent greater than in September, the U.S. commerce department reported, reversing an 11-percent slide the month before.
Post
INVESTORS WARY OF STOCK MARKETS’ FUTURE
European and U.S. stock markets have bounced back from their late September lows, with the Standard & Poor’s 500 index reclaiming about 13 percent.
Post
GERMANY’S MERKEL MAKES IT CLEAR: MINSK AGREEMENT VIOLATED
Angela Merkel, the former German chancellor, said in an extensive interview that the Russian invasion of Ukraine did not surprise her because the Minsk agreements had been “eroded.”
Post
RUSSIA POUNDS KHERSON FOLLOWING UKRAINIAN FORCES ADVANCEMENT
Ukrainians have celebrated the recent retreat of Russian forces from Kherson. And last week we noted that Ukraine President Volodymyr Zelensky declared that the victory marked the “beginning of the end of the war” with Russia.