HousingCrisis

China's New Home Sales Plummet: A Deep Dive into Sluggish Demand

2 months ago

In a concerning development for China's real estate sector, new home sales have experienced a significant decline, according to recent data released for March 2025. The drop in sales can be attributed to a combination of factors, including persistently high mortgage rates and a general economic slowdown, which has left many potential homebuyers hesitant and cautious.

VC-Backed Landlord Faces Allegations of Rent Gouging Against LA Fire Victims

3 months ago

A prominent landlord backed by venture capital funding is in hot water as accusations of exploiting victims of recent Los Angeles wildfires come to light. Tenants who were displaced by the catastrophic fires allege that the landlord, which has garnered millions in backing from major investors, has significantly inflated rental prices for available housing in the aftermath of the devastation.

Country Garden's Sales Woes Deepen Amidst China's Prolonged Housing Crisis

6 months ago

In a troubling development that underscores the ongoing struggles in China's real estate sector, Country Garden Holdings has reported a significant decline in its sales figures. This slump follows a tumultuous period for the developer, which has been grappling with a plethora of challenges throughout the year.

Abandoned Zombie Construction Sites Are Fueling Germany's Escalating Housing Crisis!

8 months ago

But now a new, unstoppable beast has emerged to stalk Germany's real estate sector: the zombie construction site. A rising number of unfinished building projects is leaving many regions in disarray and worsening an already acute housing shortage across the country. Cranes stand still, scaffolding rusts and for many Germans, the dream of a decent place to live is as far away as ever.