The nation’s economic slowdown has undercut plans for a subdivision of 700 minicastles, complete with turrets and indoor pools, near the Black Sea.
Tag: Real Estate and Housing (Residential)
New Zealand Vowed 100,000 New Homes to Ease Crunch. So Far It Has Built 47.
Prime Minister Jacinda Ardern’s government said it would scrap its initial target of 1,000 homes by July, while a study showed that housing had grown more unaffordable.
Empty Homes and Protests: China’s Property Market Strains the World
A glut of unwanted apartments gets part of the blame for a slowdown in the world’s second-largest economy. In some places, homeowners are taking to the streets.
Square Feet: In Serbia, a Former Military Base Finds a New Role
The site, in the central part of Nis, is bustling with activity as the former army barracks is transformed into a new housing and commercial center.
Marseille Dispatch: In a ‘French Detroit,’ a Housing Crisis Turns Deadly for Poor
Nervous officials in Marseille evacuated 1,054 people after a building collapse killed eight in a poor neighborhood. But many more homes are in danger of crumbling, and people live in fear.