Property News, 2 February 2024 | 15 Minute News

Japan's Aozora Bank shares hit near 3-year lows on U.S. commercial property losses

CNBC - 2 Feb 2024 04:36

Aozora shares hit their lowest levels since February 2021, plunging as much as 18.5% -- the Nikkei 225 benchmark was up 0.5%.

Rental markets are softening, but half of U.S. tenants spend more than they can afford, Harvard report finds

CNBC - 2 Feb 2024 16:27

Half of renters in the U.S. are considered cost-burdened, meaning they spend 30% or more of their income on housing, a Harvard study found.

IMF expects new housing demand in China to drop by around 50% in the next decade

CNBC - 2 Feb 2024 11:00

Demand for new housing in China is set to drop by around 50% over the next decade, making it harder for Beijing to quickly bolster the country's overall growth.

Property News

Japan's Aozora Bank shares hit near 3-year lows on U.S. commercial property losses

Rental markets are softening, but half of U.S. tenants spend more than they can afford, Harvard report finds

IMF expects new housing demand in China to drop by around 50% in the next decade

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