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Housing boom goes global, drives wealth divide
The worldâs wealthy are using extra savings and payments to pour money into equities, cryptocurrencies and â more than anything else â bigger and better homes.
Pandemic savings have allowed the worldâs wealthier families, including those in Australia, to pour money into bigger and better homes.Â
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Jun 27, 2021 â 1.41pm
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In Akron, Ohio, house prices have risen by 10.1 per cent over the past year. In Albany, New York, the increase has been 11.7 per cent. Albuquerque, New Mexico, has seen a similar surge of 11.6 per cent. And that is just the American cities beginning with an A.
Out-of-control housing prices: the winners and losers in the pandemic justicenewsflash.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from justicenewsflash.com Daily Mail and Mail on Sunday newspapers.