Higher, faster, more expensive – in German cities, renting out office space was a booming business. Then came remote working and higher interest rates.
Tag: bubble
Welcome to Tuesday, where Peru’s contested election finally gets a winner, the Olympics bubble system is broken and another billionaire is blasting off for space. German daily Die Welt also explains why Asian countries, which were previously considered successful COVID tamers, are now struggling with new waves of infections. • Pedro Castillo declared winner of […]
The western state of Maharashtra, home of Mumbai and the biggest regional economy of India, announced this month that it will waive farmer loans worth 1,140 billion rupees, or nearly $18 billion. The June 12 measure will leave only 800 billion rupees, or about $12 billion, in the state’s coffers until the end of the […]
PARIS — Solar has become the new energy El Dorado. With the price of solar panels plummeting, solar energy has developed spectacularly in recent years. Less than 10 years ago, there were only a few gigawatts (GW) of new solar panels installed each year. This year, new capacity should represent more than 70 GW, up […]
VANCOUVER — James Hankle, a software engineer in his 50s sporting bluejeans and a Green Party T-shirt, is explaining his fix for Vancouver’s runaway property prices when he’s interrupted by an eavesdropping passer-by: “Stop allowing people from China to buy our houses and leave them vacant,” she says and walks away. Despite British Columbia’s aversion to pipelines and affection for pot, housing affordability has pushed both aside as the No. 1 issue raised by area residents in the run-up to Canada’s election this month. It’s not completely surprising given that Vancouver has become North America’s most expensive city. Surging purchase […]
A visit to Tzahala, a tony district on the edge of Tel Aviv, where a canine unit and dozens of cameras have been brought in to fight crime. But at what price?
Some skeptics, though, wonder whether all the enthusiasm for the developing world has created a sort of emerging market “bubble”.