China's housing bust is happening at 'a historically rapid pace' only seen in the worst collapses of the last 3 decades

Tech Insider : Economy, Economy
Local residents look at a model of a Poly Real Estate Group housing project at a real estate showroom on May 25, 2023 in Sanya, Hainan Province of China.
Local residents look at a model of a Poly Real Estate Group housing project at a real estate showroom on May 25, 2023 in Sanya, Hainan Province of China.

VCG/Getty Images

Office-to-residential conversions have surged 357% since 2021 as billions in commercial mortgages come due

Tech Insider
New York City skyline
The number of offices being converted into residential properties has skyrocketed since 2021.

CHARLY TRIBALLEAU/AFP via Getty Images

The Florida city with cheaper homes and fun perks luring residents from Miami and New York

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Orlando, Florida.
Orlando, Florida.

Songquan Deng/Shutterstock

China's economy is at risk of a brutal 'debt-deflation spiral'

Tech Insider : Economy, Economy
China economy, daily life, Beijing policymakers
China's economy is facing a housing recession, stock market downturn, and deflation.

Kevin Frayer / Getty

Why a booming US job market is bad news for homebuyers

Tech Insider
A home with a for sale sign.

Steve Pfost/ Getty Images

I bought a bigger house, and the buyer's remorse hurts. My family didn't need it, but I still think it'll be worth it.

Tech Insider
A picture of a man with a city in the background.
Sam Dogen gave up financial freedom to give his family a bigger home.

Courtesy of Sam Dogen.

China's chances of staging an economic rebound this year look slim

Tech Insider : Economy, Economy
Chinese President Xi Jingping walking across a tightrope across fire while holding a small Chinese flag on a dark-red-to-bright-red background.
Wall Street strategists and investors remain cautious on China for the year ahead, and the long-awaited post-pandemic rebound still hasn't materialized.

Mark Schiefelbein-Pool/Getty Images; Samantha Lee/Insider

Luxury homes are more expensive than ever as the wealthy buck high mortgage rates

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The front of a mansion.
Luxury homebuyers aren't bothered by mortgage rates.

Kyle Duesing

The US housing market has ended a 9-month streak of price gains

Tech Insider
A row of houses on a street.
US home prices have ended a nine-month streak of gains.

Getty/Grace Cary

The average US homebuyer has gained $40,000 in buying power in the last 3 months as mortgage rates cool

Tech Insider
homebuyers open house

AP Photo/Charlie Neibergall

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