The financial turmoil in Britain has led to soaring interest rates, prompting many lenders to withdraw products and stoking worry among homeowners about rising costs.
Tag: Real Estate and Housing (Residential)
Truss Takes a Bold Economic Gamble. Will It Sink Her Government?
Three weeks into her term, Prime Minister Liz Truss’s financial plans have thrown the markets and Britain’s currency into chaos and put her future in peril.
An Oily Challenge: Evict Stinky Old Furnaces in Favor of Heat Pumps
Building by building, New York and other cities are trying to stop the age-old use of fossil fuels to heat homes and buildings. In the U.S., new climate laws aim to speed things up.
Twilight of Entrepreneurs in China as More Leave the Country
Two of China’s best-known entrepreneurs, Pan Shiyi and Zhang Xin, stepped down from their top jobs at the real estate development company they built.
French Tax Collectors Use A.I. to Spot Thousands of Undeclared Pools
Algorithms combing through satellite photos found over 20,000 unreported swimming pools in a few regions, yielding an expected $10 million in taxes, and the system will soon go nationwide.
How the Government Is Failing Americans Uprooted by Natural Disaster
Climate change is creating a growing class of displaced Americans, and the federal government is struggling to decide how to help them.
Homeless in America
The homelessness crisis is getting worse.
The Middlemen Helping Russian Oligarchs Get Superyachts and Villas
They oversee the flow of billions of dollars from Putin-connected Russians to companies involved in superyachts and villas. They’ve drawn the attention of a U.S. task force.
To Save Water Amid a Megadrought, Las Vegas Outlaws Grass
With drought and growth taking a toll on the Colorado River, the source of 90 percent of the region’s water, a new law in Las Vegas mandates the removal of turf, patch by patch.
Kim Jong-un Gives North Korean TV Anchor a Luxury Home
Ri Chun-hee, who delivers the news with a soaring, bombastic tenor, received a two-story apartment in a riverside complex from the country’s leader, apparently for her loyalty.