Reporter: D. Ong

CHARACTERISTICS OF GREAT REAL ESTATE INVESTORS

'Billionaire Investors Behind Rising Housing Costs, Homelessness in the US: Study

A report suggested that real estate investors are scooping up affordable properties and turning them into short-term rentals or keeping them vacant. This drives up prices in the housing market.
US President Joe Biden

'Biden Administration Will Award $250M for the Development of Affordable Housing Units, Community Facilities

The program is expected to result in 26,400 affordable housing units across the United States.
2571 Wallingford Dr, Beverly Hills, CA 90210

'Jennifer Lopez and Ben Affleck’s $68 Million Mansion Still Up for Sale 100 Days After Initial Listing

The couple purchased their marital mansion in May 2023 for $60.8 million. The pair listed it for sale at the start of their divorce.
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