realestate
In Toronto, the rental market has escalated to unprecedented levels, highlighting a crisis that many find alarming. With average rent prices soaring to $2,444 for a one-bedroom apartment and $3,199 for a two-bedroom apartment, a minority of landlords have resorted to listing affordable yet highly questionable properties to attract tenants with limited resources. Toronto now leads Canada in the number of renter homes, boasting an astounding 551,290 houses. This influx of renters is primarily driven by the extent to which some landlords are willing to go to profit from the housing crisis. They l...
IBTimes
A luxurious apartment on Billionaires' Row in New York City has been purchased by an organisation seemingly connected to King Charles III, a transaction that has garnered significant attention due to its high-profile nature. The Prestigious Property AcquisitionOn June 27, a lavish property on Billionaires' Row was sold for $6.6 million. The buyer, identified in the closing paperwork as "His Majesty the King in Right of Canada, represented by the Minister of Foreign Affairs," indicates a formal connection to the British monarch. The nearly 3,600-square-foot condo boasts three bedrooms and four ...
IBTimes
Another of Jimmy Buffett‘s sunshine-filled homes located in Palm Beach is up for sale, this time for $7.25 million. The three-bedroom residence, which dates back to 1925, is located just a short walk from the beach. Though the house itself is not enormous, the compact space offers privacy with tall hedges and a white picket gate. Buffett purchased the home back in 2002 for $802,000. The most unique aspect of the property is undoubtably the detached building that currently serves as a recording studio — perfect for the working musician that Buffett was. Potential buyers could, of course, repurp...
PopCrush
Dolly Parton has sold her cozy California cabin, and pictures show a property that’s as charming and down-home as she is. The 78-year-old country icon listed her 3-bedroom, 1.5-bathroom, 1,800-square-foot cabin in Idyllwild, Calif., for $499,000 on June 4, according to online property sites. She accepted an offer and the deal went into pending on June 17, and finally closed on July 1. Parton received $585,000 in the sale of her cabin. The residence sits on just over a quarter of an acre of heavily wooded land, nestled into the hillside in a way that affords quiet and privacy, but also offers a...
PopCrush
London’s property market continues to dominate the list of the most expensive places to buy a home in the UK. A recent study has revealed that eight of the UK’s top twenty most unaffordable locations for homebuyers are in the capital. The borough of Kensington and Chelsea takes the top spot with an average property price of £1,197,249, making it the most expensive and least affordable area in the country. Kensington and Chelsea: The pinnacle of unaffordabilityKensington and Chelsea, a borough renowned for its affluent residents, including international billionaires, industry moguls, and celebr...
Invezz
If the world should end during Post Malone‘s lifetime, he knows exactly where he will be — right at home in Utah. When the rapper purchased a gorgeous home in Cottonwood Heights in 2018, he went to work turning it into doomsday bunker. And while he has yet to reveal specific details about his end-of-the-world amenities, he says the home is “gonna be fun until the world ends, but when the world ends, it’s gonna be functional.” Post Malone’s Home in Cottonwood Heights, UtahThe newly-minted country artist bought the sprawling 12,702-foot mansion in what he calls “the sticks” for $3 million. Cotto...
PopCrush
Portfolio diversification is a common strategy for safe, effective long-term investing. However, figuring out healthy asset allocation in an online-focused world can be challenging. There are a lot of options, and it is difficult to gauge risk in newer investment scenarios. For instance, treasury and risk management opportunities for insurance companies, pension funds, and family offices are becoming increasingly important. Tokenized real estate is also a popular option that decreases liquidity risk while maintaining higher yields, making it a valuable addition to a diversified portfolio. Many...
Due
An indoor water park, tennis, and basketball courts, a two-story arcade, bowling alley, clubhouse, pool cabana, spa, two car barns, and two guest houses are all on these park-like grounds with fountains, pergolas, ponds, and waterfalls. The spa is 55,000 square feet, and the indoor water park is inspired by the Bellagio in Las Vegas. Plus, there’s also a 4,000 square-foot stage where bands such as Hall and Oates, The Doobie Brothers, plus KC and The Sunshine Band have played, and don’t forget the nine-hole golf course. To get around, the family uses golf carts if they don’t feel like ambling a...
PopCrush
How big is the enthusiasm around real estate investing? Very big. According to a recent Gallup poll, real estate beat out gold, stocks, and other investment vehicles as a solid winner for the best long-term investment. And why wouldn’t it be? Investing in real estate carries a host of potential upsides, including the opportunity to earn significant returns, and potentially an earlier retirement. On average, real estate investment deals net return on investment (ROI) is around 8.6%. However, depending on the type of real estate involved, the ROI could climb significantly higher. According to Ya...
Due
Cop Your XXL Merch Now Looks like Diddy wants to start fresh after his Los Angeles mansion was raided by the Feds earlier this year. The disgraced rap mogul is attempting to sell the residence for a whopping $70 million. Diddy Attempts to Sell L.A. Mansion After Being RaidedDiddy is looking to cash out on his Holmby Hills estate following the raid on the home this past March, according to a report from TMZ on Wednesday (July 3). The Bad Boy Records founder has reportedly started the process to sell his Los Angeles mansion for $70 million off the marker. If he gets his asking price for the posh...
PopCrush
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