A real-estate listing in Michigan went viral for its $1 price tag — the agent expects the rundown house to sell for closer to $40,000

Tech Insider
The kitchen of the $1 house in Michigan. The paint is peeling from the walls and the floor is covered in a layer of grime.
The $1 house is clearly a fixer-upper: The paint is peeling from the walls and the floor is covered in a layer of grime.

Chris Hubel/Good Company

China Evergrande, the world's most heavily indebted property developer, just filed for Chapter 15 bankruptcy protection

Tech Insider : Economy
Evergrande
The logo of Evergrande Real Estate on a crane in Hangzhou, east China's Zhejiang Province.

Long Wei/Costfoto/Barcroft Media via Getty Images

Maui wildfires made Hawaii's housing market crisis worse — residents already feared being priced out

Tech Insider
An aerial view shows the historic Banyan Tree along with destroyed homes, boats, and buildings burned to the ground in the historic Lahaina town in the aftermath of wildfires in western Maui in Lahaina, Hawaii, on August 10, 2023.
An aerial view shows the historic Banyan Tree along with destroyed homes, boats, and buildings burned to the ground in the historic Lahaina town in the aftermath of wildfires in western Maui in Lahaina, Hawaii.

A tiny homes village, where rent is under $300 per month, is being developed to help people experiencing mental illness

Tech Insider
three of the tiny homes
Three of the tiny homes in the village.

Courtesy of Alaina Money-Garman

The housing market is at 'rock bottom,' says Redfin's CEO, as high rates and prices take their toll

Tech Insider : Economy
Redfin CEO Glenn Kelman
The housing market is at "rock bottom," said Redfin's Glenn Kelman.

Redfin

This 2.5-acre Texas homestead with eclectic charm has the ultimate summer accessory: a pool in a barn. See inside the $1.67 million home.

Tech Insider
Barn pool of Elliman's Rockport home.
The Rockport home with its screened pool barn.

Courtesy of James Ruiz.

Forget Italy's 1 euro homes. You can buy a crumbling, 2-bedroom fixer-upper for $1 in Michigan.

Tech Insider
A house in Pontiac, Michigan. The exterior looks weather-worn and dirty, while the front lawn is covered in overgrown plants.
The $1 house in Pontiac, Michigan, has a worn exterior. The front lawn is covered in overgrown plants.

Chris Huber/Good Company

Angry investors protested outside a Chinese shadow bank that missed payments. The rare public show of dissent point to serious trouble in China amid debt and housing distress.

Tech Insider : Economy
A residential building of Country Garden in Fuyang City, East China's Anhui Province.
A debt and property crisis is brewing in China, the world's second-largest economy.

Costfoto/NurPhoto/Getty Images

The Brooklyn landlord everyone hates could soon come to your neighborhood. Tenants warn these private equity groups are raising rent and ignoring maintenance issues.

Tech Insider : Economy
Residential apartment buildings are seen on July 26, 2022 in the Brooklyn borough of New York City.
Residential apartment buildings are seen on July 26, 2022 in the Brooklyn borough of New York City.

Spencer Platt/Getty Images

4 Americans moved to New Zealand for safety, scenic hikes, and the small-town feel. "I just felt this calm, like, 'I'm home,'" one said.

Tech Insider
A photo of Auckland alongside a photo of a family of four posing together.
The Daniels family (right) moved to Auckland, New Zealand (left), in 2022.

Courtesy of Garvey Daniels.

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