Bloomberg (November 26)
“China’s economy continued to slow in November with car and homes sales dropping again as the housing market crisis dragged on.” While numbers for eight early indicators “stayed unchanged, under the surface there was a further deterioration in some of the real-time economic data.”
Tags: Cars, China, Crisis, Deterioration, Economy, Homes, Housing market, Indicators, November, Sales, Slow, Unchanged
USA Today (July 8)
“Even before the pandemic, which largely confined most Americans to their homes for months, communities that lacked reliable high-speed internet began falling behind those that were well-connected. The pandemic exacerbated the nation’s ‘digital divide’ – and those who suffered most were in low-income areas.”
Tags: Communities, Confined, Digital divide, Exacerbated, High-speed internet, Homes, Low income, Pandemic, Reliable, Well-connected
The Mercury News (September 29)
“It’s becoming something of a tragic annual tradition for California’s wine country: Fast-moving flames terrorizing the regions, turning the sky into a smoky orange haze, destroying dozens of homes and wineries in its wrath and forcing tens of thousands of residents to frantically flee from their homes.”
Tags: California, Destroying, Flames, Haze, Homes, Residents, Tradition, Tragic, Wine Country, Wineries, Wrath
Inc (November Issue)
“The real estate business is finally getting renovated, as a new wave of startups build property-technology platforms that improve or simplify the complicated process of buying, selling, renting, or owning a home…. Since 2013, annual investment in U.S. proptech companies has grown at a rate five times that of investment in all U.S. businesses. In 2019, investment in U.S. proptech is on pace to exceed $10 billion.”
Tags: Buying, Homes, Investment, Owning, Platforms, Proptech, Real estate, Renting, Selling, Startups, U.S.
Wall Street Journal (April 25)
Will protectionism be as welcome once the costs are realized? The Journal reports “Commerce Secretary Wilbur Ross announced Monday that the Trump Administration will raise the cost of new single family homes in the U.S. as part of its promise to ‘make America great again.’” The Journal adds, “Mr. Ross didn’t put it quite that way.” Ultimately, however, the 20% tariff on lumber from Canada Mr. Ross did announce “will add an additional $1 billion in new costs for U.S. construction.”
Tags: Canada Construction, Costs, Homes, Lumber, Protectionism, Ross, Tariff, Trump, U.S.
LA Times (December 10)
“The emerging sharing economy poses a challenge for government because it doesn’t fit neatly into existing regulatory structures. Individuals put their personal cars, homes and other assets to commercial use on an irregular basis, with the help of companies such as Uber and Airbnb that connect them to customers.”
Tags: Airbnb, Assets, Cars, Challenge, Government, Homes, Regulatory structures, Sharing economy, Uber
