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...And lurking behind the polycrisis — which encompasses everything from the impact of AI and the climate emergency to polarisation and broken public services — lies a deeper crisis: of faith in democracy....
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...Developers disdain turning them into housing at scale. Higher interest rates make mortgages less affordable. Sellers refuse to countenance price cuts. The hiatus is weighing on housing tech companies....
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...“We changed the focus of our property business into the rental housing sector six years ago, and lowered the proportion of loans lent directly to the developers,” he added....
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...And I think, you know, for me, it’s a sort of a demonstration of his, you know, commitment to public service....
...From the WSJ: “I like to call it the ‘golden handcuffs’ of mortgage rates,” said Odeta Kushi, deputy chief economist at First American Financial Corp....
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...Do you think it could restrict freedom of speech, freedom of worship with regards to abortion rights, assisted dying, opposition to trans rights?...
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...Amit Tandon, founder of Institutional Investor Advisory Services in Mumbai, said the deal looked “transformative for the financial sector” because the bank will be able to underwrite bigger infrastructure...
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