Here's an Australian TV documentary about China's housing bubble which has given rise of bizarre ghost malls, ghost highrises, and even ghost cities. It's symptomatic of the growing divide between China's rich and poor, which has left many Chinese without adequate housing. Unlike the US bubble, the Chinese property bubble isn't founded on cheap credit, which makes the analyst hosting the show believe that it won't burst in the same way as American one.
China's housing bubble: ghost malls, ghost highrises, and ghost cities
Majority of London's newly built luxury flats are unsold, raising the spectre of "posh ghost towers"
Property developers in London built more than 1,900 luxury flats in 2018, the majority of which have so far failed to sell; all told, there are 3,000 luxury flats on the market, a high-water mark for a city whose property market was hijacked by offshore oligarchs and criminals who converted much of the housing stock… READ THE REST
Signs that China's real-estate bubble will burst and take the economy with it
China's real-estate bubble is the largest in human history, and despite years of warning signs, it has grown and grown, spilling over into the rest of the world. READ THE REST
Canada's housing market is slowly but surely imploding, and Canadians are more exposed than the US was in 2008
After 20 years of unprecedented lows, Canada's central bank is gradually raising rates; this, combined with strict rules on new loans, empty house taxes in overheated cities like Vancouver, and mandatory ownership disclosures (which keep money launderers out of the market) are depressing the Canadian housing market, and the prognosis is not good. READ THE REST
These 15 deals on flashlights and headlamps are on sale for up to 66% off
It probably sounds trite, but a quality light source in an emergency really can make the difference between life and death. While you hope to never need it, a powerful, functioning flashlight or headlamp should not only be part of your pack for any outdoor excursion, it should also be stationed in your vehicle for… READ THE REST
Industrious lets you use a fully-furnished modern office — and only pay on the days you need it
It's an option virtually every small business and freelancing professional will eventually consider — do I need to rent office space? Whether it's the result of a growing staff, growing responsibilities, or simply maturing as a company, there's usually a moment for any professional organization when getting a centralized office starts to make a lot… READ THE REST
This Starchive 1TB cloud storage account doesn't just hold your content – it curates it
The cloud is definitely growing up. A decade ago, you'd have been hard-pressed to find many comfortable with saving all of their documents, media, and other important files with a cloud service provider. Today, everyone is on board the cloud storage train. But, with growth comes maturity too. For many users, it's not enough to… READ THE REST