Investing

China's Home Oversupply Gets Government Lifeline

Local governments have purchased oversupply for poverty alleviation programs. With millions of finished homes left unsold in the Chinese real estate market, the government has now instituted interventions to assist the ailing industry.

Auckland's Home Prices now above Asia-Pacific House Price Index

Red hot Auckland property market now top of the Asia Pacific House Price Index. Auckland's property market is now red hot and it had recently pushed New Zealand to the top of the Asia-Pacific house price index.

Calvin Klein Net Worth: Designer dumps Miami Home for New LA digs

In a report from Variety mentioned that Calvin Klein sells his home in Miami, Florida worth $16 million because he will live in a super-modern mansion in Los Angeles worth $25 million.