"Property" Blogs & Blog Posts

Intellichoice - Finance & Property News in AustraliaIntellichoice - Finance & Property News in Australia

Keep updated on the latest finance and property news in Australia. Includes...

 
Building our first houseBuilding our first house

Share our experience of house building with everyone

 
Eastside Properties NottinghamEastside Properties Nottingham

The news and views from nottinghams leading lettings and property managemen...

 


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After a long legal battle, Katy Perry took ownership of a mansion in Montecito, California. Carl Westcott, claimed mental incapacity after the sale.

The project is called "The Penn Platform" and was previously reserved for a 56-floor office tower.

Liquidators will take control of the company's assets and prepare to sell them in order to repay the company's debts — which total $300 billion.

Evergrande, China's second-largest property developer, had $300 billion in debt. That's equivalent to 1.5% of China's GDP.

Falling mortgage rates will fuel more demand and light inventory will keep prices elevated, one expert predicts.

"History shows that credit-fuelled real-estate booms do not end in a whimper," wrote Andrew Lawrence, the head of Asia property at GlobalData.TS Lombard.

An ongoing property-sector crisis, weakening domestic demand, and an eroding labor market all pose headwinds to the world's second-largest economy.