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2 mins read

Average construction cost for housing projects up 39% in 4 years on rising rates of building materials and labor: Colliers

Construction costs for housing projects in major Indian cities have surged by 39% in four years, re…

PTI   


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3 mins read

Trump's immigration crackdown could deplete the construction workforce and make housing more expensive

Mass deportation would deprive US builders of badly needed workers. Labor costs would rise and ulti…

Filip De Mott   


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2 mins read

Delhi vs. air pollution: Minister pushes for ‘artificial rains’ in city ahead of Diwali as AQI remains worse than ever

Delhi’s Environment Minister, Gopal Rai, has called for urgent interventions, including artificial …

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7 mins read

Amazon's AI data center dream runs into the reality of 'zombie' facilities, higher costs, and labor shortages

The cloud giant's predicament highlights broader tech industry challenges as generative AI upends t…

Eugene Kim   


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7 mins read

The deadly cost of America's housing crisis

America's inability to build enough homes in safe areas is pushing people to buy houses that are in…

Ned Resnikoff   


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4 mins read

Bengaluru's residential real estate market soars as prices shoot up by 32% year on year

Bengaluru's real estate rose 32% to INR 7,800/sq. ft. by H1 2024, driven by premium launches (32,50…

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2 mins read

'Flexible co-living' could help bring down office-conversion costs and add housing supply, new study says

A new study finds that dorm-style housing could be a cost-effective route for office conversions, a…

Kelly Cloonan   


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3 mins read

An Arkansas county doesn't want families to move. It's offering them up to $50,000 to buy a new home.

Mississippi County, Arkansas is offering new and existing residents up to $50,000 toward their drea…

Allie Kelly   


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2 mins read

Extreme heat has cost the global economy $16 trillion on average, research shows

The total price tag of extreme heat is coming into focus as emerging research shows the cost of tem…

Catherine Boudreau   


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4 mins read

New York tech workers make $135,000 on average, but can't afford the vast majority of apartments on the market

Tech workers are flooding into New York City, but they're having a hard time finding places to live…

Eliza Relman,Madison Hoff   


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1 min read

Renters need to make 36% more than in pre-COVID years to afford today's average rent, Zillow says

US renters now need to make close to $80,000 to afford typical rent in the US, according to Zillow.

Filip De Mott   


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2 mins read

NYC hotel rooms are averaging over $300 a night as many hotels exclusively house migrants, reducing supply during a tourism boom

About 135 of the nearly 700 hotels in New York City are now sheltering asylum seekers, According to…

John L. Dorman   


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3 mins read

Austin offers the jobs and city life of San Francisco but with Atlanta's cost of living. Here's how.

Even as housing costs have risen over the last several years, Austin has managed to maintain a rela…

Eliza Relman   


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1 min read

Americans are building natural disaster-proof homes shaped like domes that cost roughly the same as the average US house

If built in rural areas, these dome homes can cost just $350,000. Meanwhile, the average US house i…

Katie Hawkinson   


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2 mins read

The average US home price could spike 20% to a record $500,000 if the Fed cuts interest rates too soon, expert says

Cutting interest rates could spark a homebuying frenzy that combines with rising housing costs to s…

Theron Mohamed   


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2 mins read

The housing market is in for a new 'golden age' of home construction, real estate veteran says

The existing home market, meanwhile, will get even worse as the supply-demand imbalance fails to im…

Jennifer Sor   


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2 mins read

Mumbai flat sizes have shrunk 20% in past five years but other metros show improvement

New flat sizes in the financial capital of India, Mumbai, have shrunk by 20% in the last five years…

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2 mins read

A San Francisco neighborhood threw a mini-festival to celebrate a public toilet that cost $200,000 instead of $1.7 million

To celebrate the new loo and its discounted price tag, residents held a small festival with a live …

Matthew Loh   


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13 mins read

The strange, twisted logic behind the sky-high cost of college

You got an expensive college degree to get a good job. But what if your good job is what made your …

James S. Murphy   


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2 mins read

Americans' average rent payments have jumped to $2,047. This chart shows how affordability has evolved in the last decade.

Americans pay $2,047 per month on average, with asking prices 3.2% higher than a year ago — b…

Phil Rosen