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Inside Keble’s ambition to make the average African a landlord
“One working day, when I become prosperous, I will personal a assets.” This reasoning lies someplace in the minds of most Africans, the vast majority of whom have equated house financial investment with acquiring a truckload of money lying all around. It is difficult to blame them, just after all mortgages hardly function in this section of the entire world, and ownership of or investment in attributes is historically cash-intensive. But if Keble, a startup that powers fractional expense in actual estate, experienced its way, Africans would be able to personal a share of homes for as small as $10. That’s like unleashing a Thor-like hammer on the present barrier…
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DoD’s average housing subsidy sees big increase as real estate continues to get pricier
The average amount of housing subsidies the Defense Department will give out to service members in 2022 is increasing substantially compared to previous years. The Pentagon says the mean increase of basic allowance for housing (BAH) will go up by 5.1{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9}, a wide jump from the past two years, which have averaged just below 3{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9}. DoD will spend $25.6 billion on BAH for 2022. Depending on grade and dependency status, service members will see BAH go up by a range of $74 to $168. Allowances will not decrease. “The department is committed to the preservation of a compensation and benefit structure that provides members with an adequate standard of living…
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With average prices up another 14{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9}, Swiss bank UBS warns of housing bubbles in Canada
Average house prices rose 14 per cent in the past year, the Canadian Real Estate Association said Friday, adding to concerns that Canada’s most expensive real estate markets are dangerously overvalued. The group that represents realtors across the country says the average price of a Canadian home sold on its MLS system was $686,650, almost 14 per cent higher than it was in the same month a year ago. House prices in Canada have risen by 14 per cent in the past year, fuelled by record-low mortgages rates and a pandemic-caused desire for more space. (Evan Mitsui/CBC) Canada’s inflation rate hit four per cent in August, the fastest increase in…
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