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Property News for 17 December 2020
Home-flipping profits are the highest in 20 years, but fewer are doing it
CNBC - 17 Dec 2020 21:04
While home-flipping activity overall dropped in the third quarter of this year, gross returns for flippers soared to the highest level in 20 years.
China rental company's shares have cratered 76% this year as the shine of debt-fueled growth fades
CNBC - 17 Dec 2020 04:36
Danke, a Chinese residential rental company, has a debt-dependent business model that is showing signs of strain.
Former Bulls center Joakim Noah sells Bannockburn house at a loss for $1.09 million
Chicago Tribune - 17 Dec 2020 00:09
A fan favorite, Joakim Noah played for the Bulls from 2007 until 2016 and currently plays for the Los Angeles Clippers. He took a hit on the sale.
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