The housing market in Paris, France continues to defy expectations, with demand continually outstripping supply. Prices are steadily rising, and an era of low interest rates (accommodative monetary policy) is fuelling demand among new buyers. An op-ed in the New York Times by Roxana Popescu revealed some startling insights about the French property market. According to the data, the average home price for an existing apartment in the capital city is on the rise, significantly higher than the boom time with 2011 property prices. The sale price in the desirable Sixth Arrondissement spiked from €11,300 per square metre in January 2015 to €14,000 per square metre in January 2019. In affordable areas of Paris such as the 19th Arrondissement, prices rose from €6500 in January 2015 to €8350 in January 2019. -- Advertisement -- Clearly, Paris is not reflective of the overall market for French real estate. In the City of Lights, demand continually outpaces supply, … [Read more...] about French Real Estate and Brexit Matters: Where to Next?
Real estate leads for new agents
Gambling is illegal in China, but that didn’t prevent Fan Zheng from betting tens of thousands of dollars online.The 30-year-old store clerk from the island province of Hainan learned about the opportunity early last year from marketing agents who, Fan believes, contacted him because he played no-stakes online card games.“They knew I was a potential gambler,” he said.At first, the agents persuaded him to bet on card games. That added thrill and a chance of making money to something he was already doing for fun. But the card games were slow, and Fan kept losing. The agents suggested that he try a game called Tencent Every-Minute-Lottery, which generates winning numbers based on the total users logged into a Chinese messaging app. As the name suggests, there is a new chance to win every minute.Soon he was hooked. Sometimes he bet $1.50. Other times, he bet $10,000.“The more I played, the bigger amounts I’d bet,” he said.Operating safely out of reach of … [Read more...] about Must Reads: China has a new casino: the Philippines
There is a large body of evidence that companies that have higher proportions of women on their boards perform better financially than firms that are less gender inclusive. But a study published on Thursday suggests that Britain's biggest companies are making more token than substantive moves to boost gender diversity in the boardroom. Women serve comparatively short tenures on boards of directors, and few make it to the level where they chair the company, according to a new report from Cranfield University's School of Management. "Urgent action needs to be taken on addressing this issue," concluded The Female FTSE Board Report 2019. "It is vital that women are not appointed to boards because of the symbolic importance." While the proportion of women serving on boards is increasing, only a quarter of FTSE 100 companies have women in executive roles, while women now make up just over a quarter of directors of FTSE 250 firms. "While we see great progress in terms of the number of … [Read more...] about Are UK firms putting women on boards for ‘symbolic’ value?
House hunting can be a real nightmare, especially if you're on a budget. Making your cash stretch a bit further can be really tough, especially if you're looking for something in a specific area. But the bargains are there. If you want to avoid the auctions (because you don't fancy shelling out £10k on improvements) there are still plenty of places to look. If you don't even fancy that we've compiled a list of the most affordable homes in the city and county today, and how much a monthly mortgage will set you back. Leicester 1 bed ground floor flat in Thurmaston £60,000 or around £284 a month mortgage Further details here Agents say: "Available with no upward chain and a sitting tenant, this one bedroom ground floor studio flat is ideal for both first time buyers and investors. The property briefly consists of; fitted kitchen and bathroom and lounge/bedroom. The property also benefits from communal gardens and parking. Early viewing is advised." 1 bed flat in … [Read more...] about These are the cheapest homes for sale in the city and county
Tanisha A. Sykes Special to USA TODAY Published 5:59 AM EDT May 31, 2019 TV shows can make flipping — when an investor buys houses and sells them quickly for a profit — look easy. Not so fast, say experts and flippers alike. “There’s a lot of moving parts in house flipping with serious financial implications if you overlook something," says Audra Walters, a real estate agent at Front Porch Properties in Charleston, South Carolina. “Failing to get a good estimate for renovations or not securing proper permits could cause delays and lead to massive losses.” For Jerryll Noorden, a former NASA robotics research scientist who now flips three to four houses at a time through his Connecticut real estate firm, the hardest part was finding the funding to buy properties. “Asking other people, including lenders, for money was a horrifying thought,” says Noorden, who started flipping houses in 2016. “I found an investor … [Read more...] about Real estate for sale: House flipping tips