A huge area of land devoted to the construction of a theme park and an electric vehicle manufacturing unit stands empty. Yet, these were just some of the projects undertaken by China’s Evergrande Group, a company that now faces the threat of survival.Continue Reading
New York is the flagship city that is a microcosm for greater housing trends in the United States. The mass influx of young people entering New York has created a mega-city with mass urbanization efforts keeping up with a rapidly growing population.Continue Reading
Tapering – the end of quantitative easing – has finally arrived, bringing an epilogue to the era of cheap money. How will tapering impact the economy, and what does it mean for the common public? In this article, Financial Literacy columnist Bradley Tian examines the working and implications of the tapering process. Continue Reading
In mega-cities like New York and Los Angeles, housing has reached absurd price levels. Recently, a rotation out of urban sprawls into suburban neighborhoods has taken place. For Cal students, they must decide whether or not to stay in the confines of high-cost cities post-graduation.Continue Reading
COVID-19 has an unprecedented and far-reaching effect on the global economy, bringing up lots of uncertainties and potential risks for investment in 2020. The historically low mortgage rates provide possibilities for the potential investment return in the real estate sectorContinue Reading