Arizona's Democratic governor squashed an effort to make homes more affordable as Biden travels to the state to promote his housing plans

Tech Insider : Economy, Politics
An aerial view of new homes under construction at a housing development on June 7, 2023 in Buckeye, Arizona. Buckeye is one of the fastest growing cities in the country and is located on the fringe of the Phoenix metropolitan area.
An aerial view of new homes under construction at a housing development on June 7, 2023 in Buckeye, Arizona.

Home prices have risen more than double the pace of inflation since the 1960s

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Home prices vs inflation rate
Home-price appreciation has significantly outpaced the rate of inflation.

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A housing market rebound may finally be underway

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Housing market recovery
The housing market appears to be starting to loosen.

IP Galanternik DU/Getty Images

Risky commercial real estate investments are getting squeezed as the market collapses

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commercial real estate

Kena Betancur/VIEWpress

Beijing says Evergrande and its tycoon founder committed a $78 billion fraud. That would rank it as one of the biggest financial frauds ever.

Tech Insider : Economy, Economy
Hui Ka Yan
China Evergrande founder Hui Ka Yan.

Bobby Yip/Reuters

I've made simple changes in my life so that I can retire at 40 and move to the Philippines. There are 3 years left, and I'm on track.

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A Caucasian man standing by the ocean.
Brandon Turrell didn't want to spend the rest of his life working in a 9-to-5 job.

Brandon Turrell

Home prices likely to keep rising even as lower mortgage rates bring more supply, according to BofA

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House sold sign
Attorney-opinion letters could save homebuyers thousands of dollars in closing costs.

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2 reasons why the South will stay the hottest housing market in the US

Tech Insider : Economy
House sold sign
Attorney-opinion letters could save homebuyers thousands of dollars in closing costs.

Nick White/Getty Images

We bought a house in Japan for $30,000. We'll have more land than we could afford in the US, and our kids will be more independent.

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A man and woman taking a photo in Japan.
Leika and Brandon Hansen bought a home in Japan and plan to move there from Washington.

Courtesy of Leika Hansen.

We left our boxes in storage for a year when our move was interrupted. Minimalism worked out well for us.

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A couple putting boxes in a red storage unit.
Fern Reiss (not pictured) put all her belongings into a storage unit when she sold her apartment. But when the buyer fell through, she decided to keep them there.

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