New York City’s new migrant “welcome center” at the former four-star Roosevelt Hotel in Midtown Manhattan was already slammed Monday with fresh arrivals. Migrants were hauled in on buses. “I want to stay here, but they are making us wait on the bus, …
“The economy is fine” The economy: Luxury home prices around the world dropped for the first time in a decade. pic.twitter.com/X07aJuHHHx — Genevieve Roch-Decter, CFA (@GRDecter) May 11, 2023 Currently no rent being paid on 20% of US office space. …
People asked for specifics: – Mercedes– BMW– Audi– Lexus– Cadillac These Makes are getting wrecked in the Wholesale markets. (With minor exceptions for certain rare Models) — Car Dealership Guy (@GuyDealership) November 11, 2022
Mortgage rates soared above 7 percent this week, the highest level in 21 years and far exceeding rates recorded during the 2008 housing market crash Luxury home sales in the US have sunk by 28.1 percent year-over-year in August, beating …
NEW – Biden tests out luxury vehicles at the Detroit Auto Show as inflation saps US wages and savings — and just a day after drawing jeers for throwing an “inflation reduction” party.https://t.co/cF3zZiXCJP — Disclose.tv (@disclosetv) September 14, 2022 President …
You can’t make this up. A disgruntled, fired employee from a marina near our lake house snapped and destroyed the entire marina with an excavator. Does anyone have more information on what happened? #Muskoka pic.twitter.com/XcCLAVBFMy — Don Tapscott (@dtapscott) July …
The rich are now paying attention to prices and their income, lament high-end agents in hotspots like Miami and San Francisco. “It’s pretty sudden,” one said. After a decade of feeling invincible, the tech industry is suddenly facing something new: …
h/t SilverBoatSurfer
For nearly a decade, 42-year-old Jamie Petrone engaged in a computer and electronics purchase scheme to rob her employer, Yale University School of Medicine, out of tens of millions of dollars without getting caught. But that all changed this week. …
Investigators say that $7.2 million that was supposed to be for coronavirus business relief instead funded a man’s purchase of a Central Florida mansion, a Maserati and other luxury vehicles.
by Michael Snyder The new global economic crisis that we have entered into is starting to hit home with hard working American families in a major way. I have been hearing from so many people that are absolutely horrified by …
A mammoth cargo ship believed to be carrying thousands of vehicles including 1,100 Porsches was on fire and drifting off the coast of the Azores on Thursday after its 22 crew members were rescued from the vessel. The fire broke …
https://twitter.com/libsoftiktok/status/1470161940412436480
Jeff Bezos to build $10bn Orbital Reef space station – with ‘boring’ business park Amazon founder Jeff Bezos has announced that his space company, Blue Origin, will build the first private space station – it will host “exotic” space tourists …
by Frank Holmes, CEO, U.S. Global Investors This month, Louis Vuitton turns 200 years old. That’s Louis Vuitton the man, not the company. Born in Jura, France in 1821, the designer opened his first shop in 1854 primarily as a …
Financial Survival Network, Released on 4/17/19 In places like Greenwich, CT, New York City, Vancouver and around the world, it looks like there’s a high-end housing bust taking place. It’s partly a demographic issue, where older people are downsizing want …
by Charles Hugh-Smith The cold truth is homelessness and soaring rents are the only possible outputs of central bank policies that inflate asset bubbles. It’s been a long, strange economic boom since the nadir of the Global Financial Meltdown in …
by n8zerdude I just did an interview with Robin Singh, the founder of E-Junkie and that was one of his quotes on my podcast. He was all about minimizing effort and maximizing results in building his business. He wanted to …
via sdbernard: [OC] Animation of Manhattan luxury property data byu/sdbernard indataisbeautiful Animation showing just how many new luxury skyscrapers are being built over the next three years. A total of 3.5 miles of vertical height! Sources of data are NYC Open Data and Council …
by Simon Black Last week I wrote about farmland in South Africa… And how it’s taken a pounding thanks to a radical politician who is threatening to seize farmland from white farmers without compensation. While I don’t think it’s time to buy …
Are the price cuts in the high end luxury real estate market a WARNING sign to the rest of real estate? There are big changes happening in real estate today. We can see it happening all over the world, for …
by stockboardasset Residents of a swanky high-rise building on the Upper East Side Neighborhood in New York City, New York, are under siege after a mystery shooter fired a small caliber handgun into apartment windows twice in the last week. According …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Prices boil over in some cities and hot air hisses out of others. So how is the luxury housing market doing in the top cities around the world, as they’re facing “significant risks ahead in the …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter A lot, as the co-founder of YouTube is finding out. At a certain level of wealth, these things aren’t the end of the world. But they do add up. Back in September 2007 – so 10.5 …
Fraud investigators have been called in after 15 members of the same family received public aid worth up to £1m and at least three new homes by claiming they lived in a single flat destroyed by the Grenfell Tower fire. …
https://www.youtube.com/watch?v=yftHDJF8Qbk In a turn of events that likely shocks no one, British luxury cellphone manufacturer Vertu is shutting down operations. The last few years have not been kind to Vertu, which made a name for itself by offering cellphones built …
