Finance & Mortgage

Heavy Mortgage Puts Young Homeowners at Risk of Financial Ruin

Typical In-debted households in Canada at risk because of lower than average income and heavy mortgage.

Hong Kong Real Estate: Dorm-type Apartment Development Company Targets Unmarried Young Professionals

The startup began by securing a single floor within an old residential building in Sham Shui Po. The entire 5000 square-foot floor space was renovated and divided into 30 rooms with floor areas varying between 50 meters to 150 meters. There is 2 shared bathrooms for everyone, a conference room and a public space.

Number of Vacant US Apartments Rising, Economist Says Class A Properties Are Harder to Lease-up

Some investors are starting to move from developing Class A properties to renovating Class B properties.
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