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As The Global Rich Buy Up London Homes, Britons Ask If The Money Is Legit

Roman Borisovich is a Russian banker-turned-anti-corruption activist and founder of ClampK, the Campaign for Legislation Against Money-laundering in Property by Kleptocrats. Here Borisovich stands in front of a multi-million dollar London house owned by Dmitry Firtash, a Ukrainian billionaire indicted in the U.S. for money-laundering. Lauren Frayer for NPR hide caption

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Lauren Frayer for NPR

Parallels

As The Global Rich Buy Up London Homes, Britons Ask If The Money Is Legit

Many of London's expensive homes are owned by obscure foreign companies. Critics say the city has become a haven for those hiding ill-gotten gains, and the government is starting to respond.

As The Global Rich Buy Up London Homes, Britons Ask If The Money Is Legit

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Millennials Make Up Biggest Share Of Homebuyers
Luciano Lozano/Getty Images

Your Money And Your Life

Millennials Make Up Biggest Share Of Homebuyers

The kids of the housing crisis — those 35 and under — are among the most eager to buy today. Here are some tips, for everyone, on how to weigh whether renting or buying makes the most sense for you.

Forget Generation Rent: More Younger Americans Aim To Buy

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Professor Delivers A Crash Course In Real Estate Investing To Detroiters

University of Michigan professor Peter Allen lectures to students during his real estate investing course. Jason Margolis/NPR hide caption

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Jason Margolis/NPR

National

Professor Delivers A Crash Course In Real Estate Investing To Detroiters

Housing prices there have dropped, opening up investment opportunities — but only if you know how to invest. One professor is teaching inner-city residents how to get in on the market.

Professor Delivers A Crash Course In Real Estate Investing To Detroiters

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Report: 6.4 Million U.S. Homes Still Have Negative Equity

A realty sign in front of a home in The Lakes neighborhood in Las Vegas. Nevada, which was hit hard by the housing bust five years ago, remains the state with the highest number of homes with negative equity. Isaac Brekken/AP hide caption

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Isaac Brekken/AP

The Two-Way

Report: 6.4 Million U.S. Homes Still Have Negative Equity

The percentage has been steadily shrinking thanks to rising home prices, but the highest percentage of underwater mortgages can still be found in a handful of states hardest hit by the housing crisis.