The Chinese government has announced their intention to increase the stock of affordable housing and tax homes sold within five years or less of purchase.
From Bloomberg News: "China is not likely to take 'heavy-handed policy measures' next year as 'any sharp correction in the property market may hamper overall economic growth,' Fitch Ratings wrote in a report today.
The policies announced yesterday to reduce property-price increases should aid economic growth because the government will boost the supply of homes rather than limit investment, Bank of America-Merrill Lynch economists Lu Ting and T.J. Bond said in an e-mailed note today."
FULL STORY: China Developers Fall as Government Targets Housing
A Billion-Dollar Bet on Home Flipping
Amherst Holdings, a large-scale single family landlord, has rolled out a subsidiary to buy and renovate houses for resale.
Post-Harvey Homeowners Face an 'Army of Speculators'
In Houston, investors are snapping up damaged homes that will be dependent on flood insurance.
Heady Market in Chicago's North Side Drives Teardowns
Lakeview, located north of Lincoln Park and adjacent to Lake Michigan, leads the city by a wide margin in residential teardowns over the past five years. Local developers are selling new homes for four times the original price paid.
Analysis: Cybertruck Fatality Rate Far Exceeds That of Ford Pinto
The Tesla Cybertruck was recalled seven times last year.
National Parks Layoffs Will Cause Communities to Lose Billions
Thousands of essential park workers were laid off this week, just before the busy spring break season.
Retro-silient?: America’s First “Eco-burb,” The Woodlands Turns 50
A master-planned community north of Houston offers lessons on green infrastructure and resilient design, but falls short of its founder’s lofty affordability and walkability goals.
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Analysis: Cybertruck Fatality Rate Far Exceeds That of Ford Pinto
The Tesla Cybertruck was recalled seven times last year.
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