Lion

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More than 95% of world's population breathe dangerous air, major study finds

More than 95% of the world’s population breathe unsafe air and the burden is falling hardest on the poorest communities, with the gap between the most polluted and least polluted countries rising rapidly, a comprehensive study of global air pollution has found.<p>Cities are home to an increasing …

Pollution

Want $50K to Buy a House—and Don't Mind Random Guests? Read On

Do you dream of owning a home—and will do whatever is necessary to make it happen? Even if that means having a parade of random guests crash in your …

The Real Estate View For A Second Lost Decade

The National Association of Realtors (NAR) reports today that sales of existing homes in the US were down 1.7% in August 2017 from July. At a …

Belle Property Australasia launched commercial arm

Belle Property Australasia has launched a commercial real estate arm with two new franchises in Sydney's CBD and inner west.<p>Retail property expert …

Real Estate

Hurricane Harvey put as much as $55 billion worth of Houston's commercial real estate underwater

The 12,000 potentially affected properties span 433 million square feet and have a combined value of $55 billion, the real estate data company said. They include 167,281 apartments, 73 million square feet of retail space, 60 million square feet of office space and 11 hospitals.<p>The most heavily …

US home prices surge in June, led by Seattle

U.S. home prices climbed higher in June with gains that are eclipsing income growth — creating affordability pressures for would-be buyers.<p>The Standard & Poor's CoreLogic Case-Shiller 20-city home price index rose 5.7 percent in June. The separate national average rose as well, putting it 4.3 …

Blockchain Tech Will Power Future Real Estate Market

They say that there are two things that lead to divorce - having an affair and buying a new home. Real estate transactions are notoriously tedious …

What now for Sydney property prices? Five economists give their predictions

After five years of soaring property prices the question on the lips of Sydney’s buyers and sellers is clear: will booming prices continue?<p><i>Domain</i> …

Japanese investment firm Unizo in negotiations to buy 685 Third Ave. from company formerly known as TIAA CREF

Tokyo-based Unizo Holdings Company is arranging to pay around $700 per square foot for the office tower<p>A Japanese real estate investment firm is in …

Sydney's biggest mortgage bills: how your suburb compares

The median mortgage repayment identifies the middle repayment of all home borrowers in a suburb - that is, half of the repayments in that suburb were …

Seattle adding $1 million neighborhoods at a blistering rate, putting city among top U.S. markets

The Seattle area’s soaring home prices are putting the city and its surrounding neighborhoods in exclusive company when it comes to pricey housing in …

Real Estate

Opinion: 3 ways to invest in a crowdfunded real-estate project

When you think of crowdfunding, your first association may be a friend asking for donations on Kickstarter.<p>While that’s how the industry started, …

There's a corner of the housing market that would be most vulnerable to the next crash

What happens to home prices during the current housing boom and the next housing bust depends to some degree on whether the home is relatively "affordable" — whatever that means at today's prices — or more expensive.<p>This is an important data point in the consideration for lenders that have to worry …

We're Definitely Not In A Housing Bubble

<i>By FS Staff</i><p>In 2005 and 2006, Financial Sense regularly warned that US housing was in a bubble. Now, with the national average above the 2006 peak …

How to use Warren Buffett's favorite investing strategy in real estate

Buffett's favorite businesses are able to maintain and increase their prices over time. Their brand and products are unique in the marketplace. This means they don't have to cut prices to compete.<p>For example, Buffett has long owned Sees Candy, a specialty chocolate and candy company. Instead of …

Watch closely - South Korea is attacking its Australian-style property problems

Soaring property prices, feverish investor speculation, skyrocketing household debt and an increasingly risky banking sector.<p>Bet you think we’re …

Real Estate Billionaires Form Rental Giant in Shifting Industry

It was a simple phone call between two real estate billionaires that led to the formation of a behemoth in the house-rental industry.<p>Property …

Roundabout arguments can't disguise Sydney's cycling laws are taking the public for a ride

Massive increases in fines for riding without a helmet or running a red light are just the latest in the city’s ignoble history of deciding cyclists are a problem<p>It’s almost five months since fines for various cycling infractions, including riding without a helmet, cycling dangerously or jumping a …

'Sneezing' driver Dianne Maree Jagla spared jail over fatal crash that killed young relative

A woman who likely sneezed before losing control of her car and colliding with an oncoming vehicle has been spared jail over the fatal crash.<p>Dianne …

Crime

Google's vision of self-driving cars is wrong, says MIT professor

<i>Technically Incorrect offers a slightly twisted take on the tech that's taken over our lives.</i><p>Automation is terribly attractive.<p>So attractive, in fact, that some people act as if there should be no limits.<p>One can feel Google's shrieky frustration that its self-driving cars are getting into accidents …

Autonomous Cars

Operation Distraction: Drivers on mobile phones targeted; 7,000 SA motorists caught

An ongoing police blitz targeting drivers using their mobile phones has resulted in more than 7,000 motorists being fined on South Australian …

These Insane Hybrid Hummers Are Driving to the South Pole

They'll take on more than 1,000 miles of Antarctic wasteland with biofuel and batteries.<p>These ludicrous Hummers are not Hot Wheels. They are two very really, very intense, hybrid electric vehicles. And soon, they will be making a trek across the frozen wastes of Antartica to reach the South …

Woman 'throttled to ground' by London tour bus driver

A woman was allegedly throttled to the ground by the driver of a London tour bus she had filmed apparently running a red light.<p>A video of the incident showed shocked passersby rushing to the woman’s aid during the attack in Waterloo, London.<p>Witnesses said the driver targeted the 27-year-old victim, …

Rail passengers in Europe-wide protest against night train cuts

Train enthusiasts plan weekend of demonstrations at rail stations across continent to put pressure on politicians to reverse cuts<p>Thousands of rail travellers are gathering across Europe for a weekend of protests to highlight the drastic phasing out of night trains across the continent.<p>From Geneva …

Right-minded Paris mayor plans more pedestrianisation along the Seine

Anne Hidalgo unveils €8m project to replace busy highway along right bank with gardens and grassy walkways from the Bastille to the Eiffel Tower<p>The mayor of Paris has fired another salvo in the war against motorists and choking pollution with a plan to turn the right bank of the River Seine into a …

Why is diesel now bad news?

<b>The Mayor of Paris Anne Hidalgo wants to ban diesel cars and the pollution they bring from the streets of the French capital. But not long ago, diesel engines were thought to be environmentally friendly. What could have gone wrong?</b><p>Opinion on diesel cars has swung widely over the years.<p>Diesel is a …

Paris Mayor Anne Hidalgo calls for ban on diesel cars by 2020

<b>The mayor of Paris has called for diesel cars to be banned from the French capital by 2020 as part of plans to reduce pollution.</b><p>Anne Hidalgo told France's Journal du Dimanche newspaper she wanted only ultra low-emission vehicles on the capitals' main thoroughfares.<p>She also suggested more …

Roadside Laser Could Remotely Detect Drivers' Alcohol Breath

Spotting drunk drivers from a distance. With lasers.<p>It's a bad idea to drink and drive. No rocket science there. But with the goal of reducing drunken driving, researchers have gone high-tech, creating a laser device that can detect alcohol vapor within a moving car, from alongside the road. After …

LAX pollution goes 5X farther than we thought

Airplane landings and takeoffs at Los Angeles International Airport (LAX) worsen air quality more than 10 miles east of the airport, a far larger …

Pollution