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Budgeting Is Dead—Do This Instead and Watch Your Wealth Grow

By Richard | Feb 3, 2024

In this article In a recent CNBC article, it was revealed that more than half of Americans earning over $100,000 a year live paycheck to paycheck. This eye-opening statistic highlights a fundamental truth: The road to wealth isn’t solely about income but depends significantly on transforming financial habits.  In this guide, we’ll debunk the oppressive notion of budgeting, […]

China’s new housing demand to drop by 50% in the next decade

By Richard | Feb 3, 2024

Pictured here is a real estate project under construction in Huai’an, China, on Jan. 21, 2024. Nurphoto | Nurphoto | Getty Images BEIJING — Demand for new housing in China is set to drop by around 50% over the next decade, making it harder for Beijing to quickly bolster the country’s overall growth. That’s according […]

$2 Trillion in Commercial Debt is Coming Due—What Does That Mean for the Industry?

By Richard | Feb 3, 2024

In this article Commercial real estate has had a few rough years, and it seems like things won’t be getting better anytime soon. The sector is set for a potential rise in defaults, as higher interest rates have increased the costs of refinancing.  And with $2.8 trillion due between now and 2028, more landlords could be […]

Half of U.S. renters are cost burdened, Harvard report finds

By Richard | Feb 2, 2024

Sneksy | E+ | Getty Images Rent prices are coming down in some areas, but not at the pace needed to relieve tenants struggling to pay rent. Half of renters in the U.S. spent more than 30% of their income in 2022 on rent and utilities, according to the new America’s Rental Housing report by […]

America’s Path to “Renter Nation” as Prices Rise

By Richard | Feb 2, 2024

The US economy has survived the past few years surprisingly well. But there’s one huge threat on the horizon no one is watching. With layoffs and bankruptcies already starting to tick up, a new wave of misfortune could hit consumers EVEN as inflation cools, interest rates begin to drop, and asset prices hit an all-time […]

How more apartment supply is helping rent prices cool

By Richard | Feb 2, 2024

Recep-bg | E+ | Getty Images Rent costs are beginning to come down after record-high asking prices. “Rental markets are cooling, but in a lot of places, it doesn’t mean they’re falling. It means they’re growing at a slower pace,” said Whitney Airgood-Obrycki, a senior research associate focused on affordable housing at the Joint Center […]

HELOCs Explained, How to Invest w/ BAD Credit

By Richard | Feb 1, 2024

Getting a home equity line of credit (HELOC) is one of the easiest ways to leverage your home equity and buy your first rental property. But what is the best way to use one? Are there any drawbacks? After today’s deep dive into HELOCs, you’ll have all the answers! Welcome back to another Rookie Reply! […]

HSBC discusses India budget expectations 2024

By Richard | Feb 1, 2024

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Pranjul Bhandari, chief India economist at the bank, says that’s because “incomes haven’t fallen that much, as was feared a couple of months ago.” Source link

Short-Term Rental Regulations Keep Getting Stricter—Here Are Three Ways You Can Navigate Them This Year

By Richard | Feb 1, 2024

In this article Drawing from my background in regulatory compliance for global financial institutions, I have developed an appreciation for the intent of regulations that strive to safeguard public interests.  Regulations are not limited to finance—as you may be aware, short-term rental (STR) laws are a hot topic. As cities aim to refine STR laws to suit their unique […]

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