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...Chief executive Brian Chesky told the Financial Times that from next year the online rental company would “go a little bit beyond its core business”, including an expansion of its experiences and services...
...As America’s largest home-improvement retailer, Home Depot is often seen as a proxy for the US housing market....
...worsening housing shortages and disfiguring historic centres....
...But there are several aspects of the English rules that should work in the favour of companies such as Airbnb....
...Existing home sales, which make up most of the US housing market, totalled just 4.09mn units in 2023, a 30-year low. Yet, median home prices hit a record high of $389,800....
...But the increased use of incentives might weigh on company margins, said Jade Rahmani, an analyst at Keefe, Bruyette & Woods....
...Something similar can be said for housing, the other major soft spot....
...The company said it was not seeking to recover money from hosts....
...Some redundant offices will be converted into housing, but in many cases, restrictive zoning laws or unsuitable building structures make that impossible....
...From the ashes of that fiasco, Zillow began touting the idea of a “housing super app”....
...Nationally, the pace of new single-family housing starts rose almost 10 per cent in July from a year before, the US commerce department said on Wednesday....
...While both companies primarily cater to the budget market, Wyndham also has exposure to the mid-market, a segment Choice is targeting....
...The bank’s analysts added that big companies, through “innovation” or “workarounds”, could mitigate the risk from the latest regulatory proposals....
...Cigna pulls out of blockbuster deal to create insurance giant with Humana (FT) Occidental Petroleum agrees $12bn deal to acquire CrownRock (FT) Brookfield chides US bank regulator for ‘secret’ auction of housing...
...Airbnb has long been blamed for exacerbating housing shortages around the world. Of course, low interest rates and lack of new stock are culprits too....
...“We care deeply about housing concerns, enforce local rules in Greece, and have proposed national rules in Italy to help preserve historic cities like Venice,” the company added....
...In September 2022, the company secured a further one-year contract for a fee of £4.5mn....
...Berkshire already has a lot of exposure to the housing industry. It counts makers of flooring, paint, insulation, roofing and modular homes among its subsidiaries....
...Companies including RH have pointed to a luxury housing market that has been weakened by rising interest rates....
...Sources: BroadbandNow, FT-Nikkei and Sido survey, GIS Planning, OAG Quality of life We considered the basics in this category: crime risk, school quality, commute time, and housing and healthcare costs...
...Shares in Thor Industries, the US company behind Airstream trailers, quadrupled between March 2020 and early 2021, when they reached a new high....
...A person close to the company confirmed the same policy would apply in the UK....
...Under the current deal, which ends in 2025, each live Premier League game cost the company £9.3mn. Now they will be paying £5.9mn....
...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....
...Its real estate brokerage and building materials businesses reported that sales slid, mirroring the wider housing industry....
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