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...If there is no incentive to create intellectual property, there is nothing to crawl. And artificial intelligence will become artificial stupidity.”...
...Other countries and cities have already taken action. New York began in September enforcing a de facto ban on short-term rentals. Barcelona was an early mover against sites such as Airbnb....
...Unlike offices, the fundamentals of the warehouse market look solid in terms of demand for space and rental levels. That should mean plenty more action for the City’s men in sheds....
...The main rental alternatives fall into three buckets: apartments, build-to-rent (BTR) properties, and renting someone’s existing single-family home....
...That adds up to a property market dominated by investors seeking to capitalise on high rental returns during conferences and festivals....
...That benefit may either be you continuing to live in the property or receiving rental income....
...I can report that Los Angeles in January is a lot more pleasant than New York in January, and that the best song to blast out of your rental car window on Rodeo Drive is the Decemberists’ “Los Angeles, I...
...Back in Europe, some are sceptical that Brussels’ actions will have the desired effect....
...“The national crisis in the rental market clearly demands further action from government,” Khan’s office said....
...thing to start: New York Community Bancorp has replaced its chief executive and identified “material weaknesses” in internal controls, amid worries about the US regional lender’s exposure to the commercial property...
...The analysts continue: WeWork’s actions are likely to have spill-over effects....
...Real estate executives have said that many of WeWork’s New York sites are in lower-quality buildings, so its troubles may contribute to a widening divide between the most modern properties and more dated...
...Letting a rental property in the UK has become a far trickier business since the heady days of soaring property prices and profit-boosting tax reliefs....
...The Conservatives announced plans to reform the rental market in their 2019 manifesto and it was introduced into the House of Commons in May....
...The state of the market has prompted calls for immediate action....
...The rise in costs has put pressure on the government to take action in order to ease the housing shortage that has been widely blamed for exacerbating an increase in accommodation prices....
..., or should their actions and those of the gilt market be more dependable....
...But it warned its action alone was unlikely to generate a rush of new supply....
...Some supporters of the bill claim that its crucial second reading in the House of Commons is being held up by vested interests in the government whips’ office, where five of 16 whips own rental property....
...First, an Australian class action — funded off LCM’s own balance sheet — came good, producing an A$5.8mn gross profit....
...It was passed after a rightwing judge who was up for the Supreme Court had his rentals published in a DC newspaper. The rentals weren’t even all that embarrassing....
...properties as formal, partly because everyone gets to yell at each other)....
...In general, we believe it is inappropriate to speculate or comment on any customer’s financial condition or course of action.”...
...Until intellectual property law catches up with events, we simply don’t know. And in the meantime . . ....
...On the first morning, we collected our rental skis from a shop in the same building as the apartment, clicked into them on the doorstep, then set off slaloming through the streets, past the steamy windows...
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