#See inside DC townhouse linked to Sam Bankman-Fried

#See inside DC townhouse linked to Sam Bankman-Fried

“See inside DC townhouse linked to Sam Bankman-Fried” Have a look at the cushy Washington crib linked to the fallen crypto bro. In addition to his Bahamas penthouse, FTX founder Sam Bankman-Fried was also associated with this posh Capitol Hill property.  Ahead of the epic downfall of his cryptocurrency exchange this month, the 30-year-old disgraced…

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#’Ghost apartments’ are ghastly, needless bane on the city

#’Ghost apartments’ are ghastly, needless bane on the city

“‘Ghost apartments’ are ghastly, needless bane on the city” New York City is in the midst of a housing crunch — and “ghost apartments,” empty rent-controlled units that are not in any rentable condition, are contributing to it. Almost 50,000 such units need expensive renovations and upgrades (often close to $100,000) before they’d be legal…

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#US home price plunge is ‘just beginning’ as housing market rapidly cools: economist

#US home price plunge is ‘just beginning’ as housing market rapidly cools: economist

“US home price plunge is ‘just beginning’ as housing market rapidly cools: economist” A substantial plunge in US home prices is likely “just beginning” as decades-high mortgage rates cause a downturn in the housing market, a prominent economist cautioned Friday. The warning from Pantheon Macroeconomics chief economist Ian Shepherdson followed more dismal data that showed…

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