Turkey’s middle class priced out of home ownership

A government home loan facility has attracted little attention in Turkey, as skyrocketing property prices and dwindling purchasing power make homeownership a distant dream, even for middle-class professionals. The relatively cheap loans, announced by President Recep Tayyip Erdogan on May 9, came amid unprecedented turbulence in the real estate market. House prices have doubled over … Read more

ROSEN, GLOBALLY RECOGNIZED INVESTOR COUNSEL, Encourages Innovative Industrial Properties, Inc. Investors with Losses Exceeding $100K to Secure Counsel Before Important Deadline in Securities Class Action Initiated by the Firm

NEW YORK, May 15, 2022 /PRNewswire/ — WHY: Rosen Law Firm, a global investor rights law firm, is reminding buyers of Innovative Industrial Properties, Inc. (NYSE: IIPR, IIPR-PA) securities between May 7, 2020 and April 13thincluding 2022 (the “Collection Period”), the important June 24, 2022 deadline for the plaintiff in the securities class action lawsuit … Read more

India’s ultra-rich class betting on luxury properties

In one of the few promising asset classes and with clear ownership titles, India’s wealthy are investing in luxury real estate, continuing a trend that began last year amid the pandemic. Buyers including business families, startup founders and top CEOs have paid anywhere from £50m to a staggering £1,000m for apartments in recent months. Luxury … Read more

The Nation’s Most—and Least—Affordable Real Estate Markets

Less than half of the homes sold are affordable for America’s middle class. According to the National Association of Home Builders/Wells Fargo Housing Opportunity Index, only 48.7% of homes sold could be characterized as being within the financial reach of middle-class families. That number is likely to be even lower today, as it was calculated … Read more

SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Volta Inc. of Class Action Lawsuit and Upcoming Deadline

NEW YORK, May 11, 2022 /PRNewswire/ — Pomerantz LLP announces that a class action lawsuit has been filed against Volta Inc. (“Volta” or the “Company”) (NYSE: VLTA; VLTA WS) and certain of its officers. The class action lawsuit, filed The United States District Court for the Northern District CaliforniaRegistered Number 22-cv-02730, is on behalf of … Read more

What Are REITs and How Do They Work?

REITs allow investors exposure to real estate returns without having to own and maintain their own property. Brandon Griggs via Unsplash; canvas contents What is a Real Estate Investment Trust (REIT)? Real Estate Investment Trusts (REITs for short) are companies that invest in real estate and/or real estate financing and distribute at least 90% of … Read more