FinTech Company Mogo Offers $3,100 In Bitcoin To Open Or Refi A Mortgage
By Tyler Durden Monday morning saw further adoption of cryptocurrencies in general, and more specifically, Bitcoin. First, Visa announced it would be one of the…
Real Estate
The Great COVID Migration: 31% Of Young Adults Relocated During The Pandemic
By Tyler Durden The great Covid Migration of 2020 and 2021 for people between 18 and 21 continues. We have extensively documented the exodus from…
Rent Control Is Making a Comeback in US Cities — Even as It Is Proving a Disaster in Europe
By Jon Miltimore Theresa Dolata’s voice broke when she urged Minneapolis city leaders to support amendments that would give council members the authority to regulate…
The 10 Best U.S. States And The 10 Worst U.S. States For 2021…
Op-Ed by Michael Snyder This article is likely to stir up some very strong emotions. Just a few hours ago, I discovered that U.S. News…
We Are Witnessing A Last Minute Mass Exodus Before The Final Collapse Of Our Major Cities
By Michael Snyder Americans fled the big cities “in droves” in 2020, and one recent survey discovered that even more Americans are planning to move…
Eviction Moratorium Ruled Unconstitutional, Largest Tsunami Of Evictions In U.S. History Incoming…
By Michael Snyder Ever since last summer, a federal moratorium on evictions has prevented landlords from evicting millions of tenants who are behind on their…
HSBC To Slash Office Space By 43% As COVID Ushers In Hybrid Work
By Tyler Durden There is absolutely no way to avoid a great deal of pain coming to the commercial real estate market as companies dump…
92% Of NYC Restaurants Unable To Pay Rent In December, Study Finds
By Tyler Durden Another week, another restaurant doomsday story. According to the latest NYC Hospitality Alliance survey, it’s becoming increasingly difficult for restaurants across the…
Living In Florida Becomes More Expensive As Insurers Jack Up Rates By Double-Digits
By Tyler Durden Florida has no income tax. Tens of thousands of middle-class and wealthy families living in tax burden blue states are packing up…
Desperate Manhattan Landlords Offer Record Incentives To Fill Vacant Apartments
By Tyler Durden Manhattan apartment landlords are getting desperate as inventory swells, and they are offering some of the most concessions ever to attract new…
Landlords Are Struggling to Make Ends Meet as CDC Extends Eviction Ban
By Brittany Hunter With so many Americans out of work and unable to pay their rent, the Centers for Disease Control and Prevention instituted a nationwide…
Manhattan Retail Rents Plunge In “Prime” Shopping Areas
By Tyler Durden Manhattan’s “prime” retail real estate remained under pressure in the fourth quarter as the once too prominent shopping areas have transformed into “ghost…
American Hotels Experienced Worst Year Ever
By Tyler Durden According to STR, Inc, a hotel industry market data firm, 2020 was absolutely the worst year on record for hotels as industrywide profits…
“Tough Months Ahead” — NYC’s Lackluster Recovery Continues To Decimate Businesses And Livelihoods
By Tyler Durden Indoor dining is banned; offices are empty; city dwellers are fleeing the metro area. The virus pandemic has deeply scarred New York City’s…