Apartments, apartments, everywhere; nor any flat to buy: Survey after survey reveals that young Chinese are stressed out — and skyrocketing property prices are one of the main reasons.
June 23, 2013 In China, if you want to get hitched, you pretty much need to have a house. No house? Good luck to you, comrade. After decades of explosive growth, the cost of living in China's big cities has skyrocketed, and a generation of young people has been largely priced out of the housing market.
Parking spaces behind 298 Commonwealth Avenue in Boston are seen Friday. The two open spaces at right, front and back, were sold at auction for $560,000.
June 14, 2013 Question: If the median price for a single-family home in Massachusetts is $313,000 and two Boston parking spaces sell for $560,000, how many other spaces does the buyer already have? Answer: Three.
A screengrab of a satellite image of Cordoba, Spain, in 2004 (left) and 2011.
Satellite images via Google Earth and Nación Rotonda
June 6, 2013 A new website offers a different perspective on the ruins of Spain's construction bubble. Called Nación Rotonda, or "Roundabout Nation," the site displays before-and-after aerial photos of Spanish towns, documenting how quickly half-built condos and urban sprawl have replaced open land in recent years.
How much is it worth?
October 4, 2011 On today's show, we visit a place where global economic forces converge: Colo, Iowa. The price of farmland in Iowa has doubled in the past few years. We look at the broader economic picture, and ask: Is it a bubble?
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August 25, 2010 New homes sales hit a record low in July, taking durable goods orders with them.
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