Tag Archives: housing market

Buying Part of a Property – The Rise of Fractional Property Investment

Buying Part of a Property – The Rise of Fractional Property Investment

Obviously, the cost of housing in Australia has become a barrier for many young people who are seeking to buy their first home (that is, to get their metaphorical foot on the property ladder, so to speak). Australia’s obsession with property permeates throughout society. Recent research shows that Australians spend an average of 2½ hours …

Why “Billionaire’s Row” Pays the Lowest Property Tax Rate in NYC

Why “Billionaire’s Row” Pays the Lowest Property Tax Rate in NYC

432 Park Avenue, designed by Rafael Viñoly is the tallest residential tower in the Western Hemisphere. One57 designed by Pritzker Prize winning architect Christian de Portzamparc has service run by Hyatt’s five-star staff from their Park Hotel. This is Billionaires Row, a stretch of new super tall residential skyscrapers with multi-million dollar apartments in midtown …

College and Housing Bubbles

College and Housing Bubbles

ANTONY DAVIES: To understand what’s going to be happening with the student loan bubble, it’s useful to understand first what happened with the housing bubble. To understand what happened with the housing bubble, it’s necessary to understand first how mortgage markets work. Let’s take commercial banks. Commercial banks loan money to borrowers, some of them …