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...are enormous and wasteful by international standards, so it is positive for the planet as well as new buyers that the median square footage of a single family home has dropped 11 per cent in a decade to 2,179...
...Ryanair has cut its annual profit forecast after it was forced to lower fares to try to fill empty seats amid a row with online travel agents....
...In London, selling agents’ fees are typically quoted at 2 per cent, but are often bargained down closer to 1.5 per cent....
...The website remained popular with consumers, attracting 2.2bn visits in 2023....
...Real estate brokerage Compass is hanging on to a 2 per cent gain but remains down 83 per cent from its 2021 peak. The buyside agent commission pool will fall the most....
...Second, this market failure arises because consumers are not the all-knowing rational agents that they appear in economic models....
...The number of people apprehended on the US south-west border hit a record of almost 2.5mn last year. Border agents and facilities are overwhelmed; many US states are struggling to deal with inflows....
...The company increased its total revenue by 5 per cent to £147mn and adjusted operating profit by 2 per cent to £14mn....
...Security co-operation between Mexico and the US, which share a 2,000-mile border, involves a web of agencies....
...Last summer, Richard Spencer, a management consultant from London, found a home he liked in Mougins, near Cannes, priced at €2.2mn....
...In the decade since, however, it nearly doubled, rising from 2,700 to 4,300. Additions to its fourth department — which handles counter-intelligence and cyber — have been particularly large....
...[MUSIC PLAYING] I’m Miles Johnson, and from the Financial Times and Pushkin Industries, this is Hot Money Season 2: The New Narcos, Episode 6 — Ties with Tehran....
...The company increased its total revenue 5 per cent to £147mn and adjusted operating profit by 2 per cent to £14mn....
...Purplebricks, the online estate agent that promised to disrupt the market by undercutting traditional agents, also sold its business for just £1 to another online estate agency Strike after its turnaround...
...Shares in Zillow fell 6.9 per cent, with brokerage Compass down 6.2 per cent. Another brokerage group, Redfin Corp, dropped 5.7 per cent....
...His three-person team handles up to 10 clients simultaneously, and charges a registration fee plus 2 per cent-2.5 per cent of the purchase price of a property they secure, depending on its price....
...Ryanair on Monday said it expected to report profit after tax of between €1.85bn and €1.95bn in its financial year ending in March, down from a previously guided €1.85bn to €2.05bn....
...“The commute — which is over 2 hours 30 minutes each way — has just become too painful,” he says....
...There is a philosophical debate to be had over whether insurers and related-party asset managers’ integration raises principal/agent conflicts....
...Flats in Notting Hill have held their value better than those in other prime central London neighbourhoods since the 2015 market peak: in January they were down 4.2 per cent, compared with Kensington (-10.5...
...Estate agents were also more optimistic about housing demand in March, according to the latest survey by the Royal Institution of Chartered Surveyors....
...What’s more, around 50 per cent of rural homes are sold off market, says Charlie Hill of agent Charles Marlow....
...Properties on the Westlands Estate in the nearby village of Birdham are prized for their proximity to the water; a three-bedroom house sold last summer for £2.48mn....
...In turn, President Joe Biden has leaned heavily on Mexico to step up efforts to curb the record numbers of people crossing the 2,000-mile-long border with the US....
...Terrorism: Police in Germany and the Netherlands have arrested four suspected members of Hamas who they say were planning terror attacks on Jewish institutions in Europe. 2....
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