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  • July 10, 2014
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  1. News - World - UNITED STATES

    US workers claim discrimination in hiring of foreigners on skilled worker visas

    Posted Jul 07th 2014, 10:55pm by AP

    ... They argue the programme has been hijacked by staffing companies that import cheaper, lower-level workers to replace more expensive US employees- or keep them from getting hired in the first place. ...

    http://www.scmp.com/news/world/article/1549216/us-workers-claim-discrimination-hiring-foreigners-skilled-worker-visas
  2. Property - International - UNITED STATES

    All-cash home purchases surge in US with rising interest rates

    Posted May 14th 2014, 05:04am by Bloomberg

    ... houses in the past two years and turned them into rentals. "Lending is so tight, and even if you do get a loan, you would have to jump through a bunch of hoops first," Leffel said. ... at Columbia University Business School in New York. Private equity firms, hedge funds and other institutional investors have spent more than US$20 billion to buy as many as 200,000 rental homes ...

    http://www.scmp.com/property/international/article/1511301/all-cash-home-purchases-surge-us-rising-interest-rates
  3. Property - International - UNITED STATES

    Rising mortgage rates hammer US housing sales

    Posted Apr 30th 2014, 05:50am by Bloomberg

    ... swooped in to take advantage of low prices- including companies buying homes to turn them into rentals- have retreated as costs rise and fewer distressed properties come to the market. The share ...

    http://www.scmp.com/property/international/article/1500131/rising-mortgage-rates-hammer-us-housing-sales
  4. Property - International - UNITED STATES

    Affordable New York office space is going fast

    Posted Apr 16th 2014, 05:39am by Bloomberg

    ... Bloomberg in New York While smaller and older buildings are filling up, supply of the most expensive space is growing Affordable New York office space is going fast The surge in office ... Manhattan's smaller and older office buildings are filling up, the area's supply of the highest quality, most expensive space has been growing, with the opening of new skyscrapers at the World ...

    http://www.scmp.com/property/international/article/1483021/affordable-new-york-office-space-going-fast
  5. Property - International - UNITED STATES

    House price gains signal end of US rental bonanza

    Posted Mar 20th 2013, 12:00am by BLOOM

    ... the worst slump since the 1930s by cutting the supply of foreclosures for sale, they're also crowding the market with rentals. Leases for US apartments rose 3.9 per cent in February from a year earlier, more than quadruple the 0.9 per cent increase for single-family homes, Trulia said. "Investors are buying homes, in part, to rent them out, and that has added a lot of rental supply, ...

    http://www.scmp.com/property/international/article/1194719/house-price-gains-signal-end-us-rental-bonanza
  6. Property - International - UNITED STATES

    Blackstone's buy-to-rent binge over as prices surge in the US market

    Posted Mar 19th 2014, 05:14am by Bloomberg

    ... investment trusts and other institutional investors have spent more than US$20 billion to buy as many as 200,000 rental homes in the last two years. They snapped up properties after prices fell as much as 35 per cent from the 2006 peak and rental demand rose from the almost five million owners who went through foreclosure since 2008. President Barack Obama credited the investors ...

    http://www.scmp.com/property/international/article/1451714/blackstones-buy-rent-binge-over-prices-surge-us-market
  7. Property - International - UNITED STATES

    Dismantling Fannie Mae and Freddie Mac would dent US housing recovery

    Posted Mar 19th 2014, 05:14am by Bloomberg

    ... proposal seeks to bring more buyers into the market by creating affordable housing funds. The industry would pay into funds that would be devoted to ensure affordable rental and for-sale housing ...

    http://www.scmp.com/property/international/article/1451710/dismantling-fannie-mae-and-freddie-mac-would-dent-us-housing
  8. News - Asia - UNITED STATES

    Japanese tourist leads US police on fast and furious high-speed car chase

    Posted Feb 26th 2014, 10:26am by AP

    ... Associated Press in Salt Lake City Japanese family held at gunpoint for ignoring highway patrol's red and blue flashing lights Tourists in fast and furious police chase The first night in the United States for a family of Japanese tourists ended with the parents being pulled from their rental car at gunpoint with their young son watching after their confusion about ...

    http://www.scmp.com/news/asia/article/1435489/japanese-tourist-leads-us-police-fast-and-furious-high-speed-car-chase
  9. News - World - UNITED STATES

    New York fights website listing homes for tourists to rent

    Posted Oct 15th 2013, 04:32pm by AP

    ... are breaking a state law barring sublets for fewer than 30 days if occupants are not present. But many residents in the most expensive US city say they’re providing a service that’s valuable to them ... biggest short-term rental company. The site takes 6 to 12 per cent of every rental. In New York, the company says about 15,000 people are offering short-term rentals ranging from US$35 ...

    http://www.scmp.com/news/world/article/1332247/new-york-fights-website-listing-homes-tourists-rent
  10. Property - International - UNITED STATES

    Buying still cheaper than renting in US thanks to Fed's support for loans

    Posted Sep 25th 2013, 12:00am by Bloomberg

    ... by at least 20 per cent. In Honolulu, the affordability gap has narrowed faster, making it 10 per cent less expensive to buy than rent, compared with 24 per cent last year. In San Francisco, where ... "Once you get into a 30-year loan, your costs are set. You can't say that about renting. You don't know what rents are going to do." Demand for rentals has been rising since about ...

    http://www.scmp.com/property/international/article/1316894/buying-still-cheaper-renting-us-thanks-feds-support-loans

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