Worldcrunch
For years there has been a visible increase in the percentage of so-called “nesters,” people entering adulthood who do not move out of their family homes. But is the explanation for this problem really limited to the lack of housing availability or the economy more broadly? Or are they some other factors at play?
Lake Como has become one of the most popular destinations for tourists coming from all over the world, multiplied by the vacation homes of such global VIPs as George Clooney. But this is destroying the local ecosystem and making life for the locals impossible.
China’s real estate crisis is hitting small, unattractive cities like Shaoguan hard. This city of 3.3 million residents in the far south of the country has a stock of empty apartments that could take 10 years to sell.