Fancy Apartment Rentals for Paris Olympics See Poor Demand and Price Cuts
Locals who’d hoped to turn a big profit by renting out their posh apartments are now slashing prices by 30%-60%.
Latest Videos
The information you requested is not available at this time, please check back again soon.
Locals who’d hoped to turn a big profit by renting out their posh apartments are now slashing prices by 30%-60%.
The kingdom must overcome a conservative image and concern about human rights. Visit the desert oasis town of AlUla to understand the challenge.
Jury selection was completed Friday for Donald Trump’s first criminal trial, setting the stage for opening arguments Monday in a New York case accusing the former president of falsifying business records to conceal a sex scandal before the 2016 election.
Higher-than-expected interest rates amid persistent inflation are perceived as the biggest threat to financial stability among market participants and observers, according to the Federal Reserve.
Fifth Third Bancorp jumped the most in four months, leading bank stocks higher, with Chief Executive Officer Tim Spence predicting that income from lending has bottomed out.
Jul 28, 2016
BNN Bloomberg
,Goldcorp Chief Executive Officer David Garofolo thought he was done taking out mortgages, but when he got to Vancouver he realized that was not the case.
“It’s actually quite shocking how hot the [housing] market is,” Garofolo told BNN in an interview.
“In fact, I’ve taken a mortgage after I thought I was done with mortgages in order to enter into the Vancouver real estate market.”
The Canada Mortgage and Housing Corporation’s latest assessment of the housing market cited Vancouver as exhibiting "strong evidence of problematic conditions" alongside Toronto.
If there's an upside for Garofalo, he said the housing market is playing well into the company’s philosophy to "de-centralize" the organization.
“If something can be done at the mine site that we’re doing at the mine site, then we’re doing less at the corporate level,” he said.
“We’re trying to put as much talent down at the mine site level where real estate prices are considerably lower.”