Investing

Chinese Nationals Pull Back From Investing In US Real Estate

Chinese investors are no longer interested in investing in the US housing market. Karen Xu, a Shanghai resident who was in the market for a Miami one-bedroom condominium in the price range of $500,000 to $750,000 said that with China's current economic status, she has now changed her mind in investing in the US right now.

Are Baby Boomers Causing Shortage in Real Estate Inventory?

Economists now argue that baby boomers - the people who rocked at Woodstock and were active in campus protests - who used to take out mortgages and buy lots of real estate are not downsizing fast enough and aren't putting their houses for sale as earlier generations did. As they refuse to move, it contributes to inventory shortages and an increase in prices, Chicago Tribune reports.

Tyga Got Kicked Out of Kylie Jenner's Calabasas Mansion And Scored Himself A Smoking New Pad

Tyga is known for renting Calabasas mansions (where his girlfriend, Kylie Jenner, is), but he is also known for not being responsible enough with paying rent. Two of his former landlords have already filed a lawsuit against the rapper for $124,000 and $50,000 worth of overdue rent. But that's Calabasas and already part of the past as Tyga just scored himself a smoking new pad in Hollywood hills, LA Curbed reports.