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“We’re generations past the federal government building affordable housing because we found that the private sector does a better job at it and can leverage the investment better,” Dworkin said. “Having the private sector do this work actually makes a lot of sense and that, by definition, means the private sector is going to make a private profit. And there’s nothing wrong with that, as long as the housing is affordable to working-class people.” Redfin chief economist Daryl Fairweather said that Trump’s plans for housing are “small potatoes” compared to two main policies — neither of which are directly related…

North Korean troops in Russia help Putin beyond sheer manpower needs — they help him at home, too.The ISW wrote on Sunday that Pyongyang’s deployments help Putin avoid another mobilization, for now.Yet, given Russia’s current casualties, that only sustains the war for about three months, ISW said.North Korea’s manpower injection for the Kremlin allows Russian leader Vladimir Putin to avoid another political stumbling block at home, according to the Institute for the Study of War.The Washington-based think tank said on Sunday that the influx of fresh troops gives Putin a way to, at least temporarily, avoid a second involuntary mobilization.Russia’s…

BBCForty-five people are due to be sentenced on TuesdayA court on Tuesday handed out jail sentences for some of Hong Kong’s biggest pro-democracy icons, including Joshua Wong and Benny Tai, in a controversial national security case.They are part of a group known as the Hong Kong 47 who were charged three years ago in a crackdown under the national security law (NSL) imposed by China. Two of them were acuitted earlier this year and the remaining 45 were jailed on Tuesday. Officials accused the eight women and 39 men of trying to overthrow the government by running an unofficial primary…

Play video content BACKGRID Phaedra Parks is weighing in on whether the ‘Real Housewives’ franchise should expand to welcome a MAGA-inspired cast … observing it’d likely make for interesting, albeit “dangerous,” TV. Photogs caught up with “The Real Housewives of Atlanta” star, who teased her long-awaited return to the series … making it clear she’ll be back for more than one season. However, it was her thoughts on the franchise’s possible expansion that was most noteworthy … issuing a warning to TV producers to tread carefully before casting big MAGA supporters for a new iteration. Watch the video … when…

Whether it’s refining your business model, mastering new technologies, or discovering strategies to capitalize on the next market surge, Inman Connect New York will prepare you to take bold steps forward. The Next Chapter is about to begin. Be part of it. Join us and thousands of real estate leaders Jan. 22-24, 2025. The post-August-deadline adjustment period is drawing to a close. Real estate’s next chapter is about to begin. We invite you to participate in the industry’s most ambitious monthly survey: the Inman Intel Index. Each month, the Intel Index survey leans on the expertise of Inman’s readership to discover what’s top of…

He Lifeng, China’s vice premier, during the Global Financial Leaders’ Investment Summit in Hong Kong, China, on Tuesday, Nov. 19, 2024.  Paul Yeung | Bloomberg | Getty ImagesChinese Vice Premier He Lifeng on Tuesday vowed to boost Hong Kong’s competitiveness by investing in the city’s innovation and delivering supportive financial policies.Speaking at the third Global Financial Leaders Investment Summit, hosted by the Hong Kong Monetary Authority, He reiterated Beijing’s commitment to “explore and implement” measures aimed at building Hong Kong as an “international financial center.” That’s according to CNBC’s translation of his spoken Mandarin.Beijing’s stimulus measures have already “benefited” Hong…

After publishing “Europe on 5 Dollars a Day” in 1957, he went on to build an empire of guidebooks, package tours, hotels and other services. Source link

Bethenny Frankel would like your attention, please. She would also like to make her feelings known on the franchise that helped make her famous — and just how far it has fallen, in this former reality star’s opinion. Bethenny Frankel attends “Elf” Broadway Opening Night at Marquis Theatre on November 17, 2024 in New York City. (Photo by John Lamparski/Getty Images) This past Saturday, in a TikTok video that has since been deleted, Frankel addressed the brand new cast that Bravo introduced this year to comprise The Real Housewives of New York City. Frankel went in and said reboot is…

Frankly, it feels like the housing market is contracting a bit now in November. After the hurricanes, we got hit with spiking mortgage rates and then the election. We saw a little rebound in the new listings rate after the election, but it was actually less of a rebound than I anticipated. A few more sellers emerged, but my gut says that many are done for the season and maybe will try again next spring. Home sales We counted 53,000 new contracts pending for single-family homes last week, with another 11,000 condo sales. That’s a bounce up of almost 3%…

Since the election, Bluesky has acquired millions of new users and surpassed Threads on app stores.Many new Bluesky users are praising the feeling on the site as being similar to “old Twitter.”Social media researchers told BI users wait for a large enough user base before switching sites.Bluesky still has a long way to go before it’s a true challenger to Meta’s Threads and Elon Musk’s X — at least in terms of user numbers — but it’s playing catchup fast among users nostalgic for a simpler format.This week, the app shot to the top of Apple’s App Store and Google’s…