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Suburban Sprawl Is Weighing on the U.S. Economy
Real estate zoning restrictions have produced a national housing shortage and affordability crisis. Architects and economists say reform could boost growth.
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How Warehouses Are Taking Over the U.S.
The Cyber Monday online shopping holiday comes amid a warehouse shortage across the United States as distribution center vacancy rates are at all-time lows.
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The Office Monitor Workers Will Find More Common in the Covid Era Is Surveilling the Air
Workers studied in Harvard research on office air quality, including Salesforce employees, revealed links between brain function and better ventilated offices.
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Why Billionaire Jeff Vinik Is “Taking the Over” on Workers Going Back to the Office
Jeff Vinik is overseeing a $3.5 billion development in downtown Tampa that is betting on workers returning to offices, something he said he’s bullish on.
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How Evergrande Found Itself on the Wrong Side of China's Regulators
Evergrande made little progress toward complying with China’s crackdown on real estate debt until it was too late for investors who put money into its offshore bonds.
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Op-Ed: Real Estate Investment Trusts May Provide Inflation Protection for Investors
Real estate investment trusts are rebounding due to the recession recovery and a concern about inflation and potentially higher interest rates.
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Realogy CEO Says Remote Work Is Here to Stay and the Firm Is Renovating Its Own HQ to Prepare
“We’re charging ahead with this. … We’re knocking down walls pretty soon,” Realogy CEO Ryan Schneider told CNBC on Thursday.
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U.S. Housing Shortage Will Be Around for ‘Years to Come,' Says Taylor Morrison CEO
Taylor Morrison CEO Sheryl Palmer told CNBC on Wednesday the housing shortage that began before the pandemic will stick around for many years as demand soars.
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Coldwell Banker CEO Says Investors Snatching Up Homes Is Not a Driving Force in Hot Housing Market
Investors buying homes is “something to watch” but it’s not the main fuel for the current hot housing market, Coldwell Banker CEO Ryan Gorman told CNBC.
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Redfin CEO Says the Housing Market Has Cooled Off Slightly — and That's a Positive
“For the past couple of weeks, housing has been hot instead of blazing hot,” Redfin CEO Glenn Kelman told CNBC on Friday.
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Lumber Executive Sees Further Relief in Sky-High Prices, Says Delaying Building Projects Makes Sense
Lumber industry veteran Kyle Little said it’s sensible to delay building projects due to high wood costs. “We do see some relief over the next six to 12 months.”
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Real Estate Investor Who Shorted Subprime Mortgages Says This Housing Boom Is in a Bubble, Too
Billionaire real estate investor Jeff Greene bet against subprime mortgages. He told CNBC Friday he thinks the housing market is in a bubble again.
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Strength of Housing Market Has Broadened Out, Says CEO of Homebuilder Taylor Morrison
Demand for new homes was initially strongest among millennials but has since spread across all age groups, Taylor Morrison CEO Sheryl Palmer told CNBC.
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Zillow Hopes to Turn Flood of ‘Real Estate Porn' Users During Covid Into Actual Sales
The challenge is to “increasingly turn more of that shopping and dreaming traffic into transactions,” Zillow CEO Rich Barton told CNBC.
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Redfin CEO Says the Booming Covid Housing Market Can Get Even Hotter
“Today, we are definitely inventory-constrained. There aren’t enough homes for people to buy,” Redfin CEO Glenn Kelman told CNBC.
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'We're Fighting for Our Lives': US Apple Farmers Endure Major Crop and Profit Losses as Climate Changes
Climate change is posing an existential threat to the precarious lives of farmers across the country. More intense and frequent weather disasters are wiping out entire harvests, and warmer winters are exposing crops to severe frost damage. For apples, a warm spell in the winter will force trees to flower prematurely and expose the buds to unpredictable winter frosts, hail...
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Woman Uses T-Shirt Cannon to Launch Drugs, Phones Into Prison: Cops
A woman is behind bars after allegedly using a T-shirt cannon to launch drugs, cellphones and other contraband over a prison fence in Oklahoma.
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Old Homemade Anchor, Not a Sea Mine, Evacuates Several Blocks in Brooklyn
Several blocks of a Brooklyn neighborhood were evacuated Friday as authorities investigated a report of possible explosives — a sea mine, in fact — found in the water, according to the FDNY. It turned out to be a homemade anchor.
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NYPD: Man Shot on Subway Platform in Queens, 2nd Such Shooting in 6 Weeks
A man appears to have been shot on a subway platform in Queens, the second such shooting in six weeks, according to the NYPD’s preliminary investigation.
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Voila! Hudson Yards, Manhattan's Newest $16 Billion Neighborhood, Is Officially Open
New York City’s newest neighborhood — a whopping 14-acre, $16 billion real estate project with 100 retail stores called Hudson Yards — is officially open.