Prometheus International, a real estate developer in Europe, sold two luxury residences on the Portuguese island of Madeira for a total of €4.1 million ($4.7 million), paid in the popular cryptocurren...
Tag: Property
Admission To College Is Valuable, But Is It “Property”?
The process of gaining admission to an elite college can generate anxiety and worry. It can also lead to prison. In 2019, the Department of Justice charged dozens of parents, coaches and others in sev...
‘We live 5 minutes from our in-laws who have a larger home’: Is it a good idea to swap houses? Will I end up with a surprise tax bill?
I am a California resident. My husband and I own a 1,800-square-foot home that we bought in 2019 for $1.5 million. We have between 40% and 50% equity in the property due to a large down payment. We li...
Gaming: race to acquire intellectual property
In the gaming industry, Loup Funds analysts Gene Munster and Doug Clinton said there is an ongoing race to acquire intellectual property and gaming content. Companies are increasingly in the race for...
Missouri Lawmaker Introduces Bill To Exempt Crypto From State Property Taxes
Proposed legislation potentially aiding cryptocurrency adoption continues to pop up in statehouses across the United States. This week, Missouri State Representative Phil Christofanelli introduced a b...
Gen Y can use tokens to get on the property ladder – Cointelegraph Magazine
The explosive combination of blockchain and physical assets is making a real difference in how young people can access traditionally illiquid, expensive and slow-moving physical assets such as propert...
‘I don’t know if it’s worth dealing with tenants’: Should I convert my home into a rental, or sell it?
I have enough money to put down on a second home — I need a slightly bigger place and another bedroom. I currently live in Portland, Ore., but I am planning to move outside of Portland. However, I’m c...
5 popular financial rules you might want to ditch
Traditional financial advice like the kind you got from your parents is often true but even experienced investors might rely on maxims that are outdated and no longer serving your financial well-being...
London’s mayor Sadiq Khan calls for register of foreign-owned property
Luxury residential townhouses stand overlooking Regents Park in London, U.K., on Friday, Nov. 29, 2019. U.K. house prices increased at their fastest pace in more than a year in November, according to ...
How To Value Real Estate Investment Property
The methods for analyzing the value of a real estate investment are analogous to those used in the fundamental analysis of stocks. Because real estate investment is typically not a short-term trade, a...
Evergrande Aims To Announce Restructuring Plan Within Six Months
The sale office in front of unfinished apartment buildings at the construction site of a China … [+] Evergrande Group development in Beijing, China, on Thursday, Jan. 6, 2022. (Photo by Andrea V...
China’s Top Property Tycoons See Fortunes Drop $30 Billion With Even More Losses Expected
Hui Ka Yan, Yang Huiyan and Sun Hongbin have all seen their fortunes tumble this year. Bloomberg The days of property moguls dominating China’s wealth rankings appear to be at an end. Beijing’s campai...
Billionaire Cousins Show Confidence In Singapore Property Market With Top Housing Site Bids Of $1 Billion
Apartment buildings on the east coast of Singapore on November 3, 2020. © 2020 Bloomberg Finance LP Singapore tycoon Kwek Leng Beng’s City Developments and his Malaysian billionaire cousin Quek Leng C...
China’s Property Crisis Reaches Biggest Builder Country Garden
(Bloomberg) — The crisis engulfing China’s property sector is impacting its biggest developer, with Country Garden Holdings Co.’s shares and bonds hammered amid fears that a reportedly failed fu...
Roaring U.S. housing market may cool, keep climbing as Fed ends emergency support
U.S. home prices roared almost 20% higher in the past year, giving families who own properties a major boost to their finances during the pandemic. But Wall Street, a key source of home mortgage finan...
Xi Reshapes China Property Market Paving Way for State Dominance
(Bloomberg) — For any government, overhauling a nationwide residential real estate market would be risky under the best of circumstances. Chinese President Xi Jinping is attempting it at a time ...
Crypto Wealth & Hybrid Working Drive Luxury Property Purchases
Cryptocurrency purchases of property gained traction in 2021, despite inconvenient taxation rules and the inability of sellers to accept crypto directly. A 2022 Sotheby’s report found cryptocurrency m...
Shimao says it’s in talks for property sales to help with debt problems
An elderly couple walk past a sign in front of Shimao Tower, developed by Shimao Group Holdings Ltd., in Shanghai, China, on Saturday, Jan. 8, 2022. Qilai Shen | Bloomberg | Getty Images BEIJING — Chi...
Developer of ‘The One’ California Mega-Mansion Wants to Tokenize the Property
In brief The One mega mansion in Bel Air has suffered because its owner defaulted on over $165 million in loans and debt. Its developer now wants to tokenize the property. If you can’t afford to...