Rental Builders Bet on High Mortgage Rates Locking Out Homebuyers

Sonia ParkMay 24, 20240268 views

Record high mortgage rates are compelling many Americans to remain renters, prompting developers to build new rental homes at an unprecedented pace. In 2023, a staggering 93,000 new single-family homes…

New York City Tops Global Rankings with Surge in Millionaire Residents

Sonia ParkMay 9, 20240399 views

New York City has reclaimed its position as the world’s millionaire capital, according to the latest report by Henley & Partners. The city now boasts 350,000 residents whose net worth…