A once-thriving retail hub in Santa Clara, California, is rapidly emptying as redevelopment plans move forward, prompting legal action from displaced business owners who allege unfair treatment by the property’s former landlord. Two tenants from the Homestead Shopping Center — Tous les Jours bakery and Fuheng Herbs — have filed separate lawsuits against former property owner David Bider and Cypress Investments, claiming they were misled and pressured into leaving prior to the si
A once-thriving retail hub in Santa Clara, California, is rapidly emptying as redevelopment plans move forward, prompting legal action from displaced business owners who allege unfair treatment by the property’s former landlord. Two tenants from the Homestead Shopping Center — Tous les Jours bakery and Fuheng Herbs — have filed separate lawsuits against former property owner David Bider and Cypress Investments, claiming they were misled and pressured into leaving prior to the si
In one of the wealthiest cities in the world, thousands of residents are living inside spaces barely larger than a mattress. Hong Kong, famous for its glittering skyline and ultra-luxury real estate, is also home to nearly 2 lakh people who survive in cramped 16-square-foot “coffin homes” hidden inside ageing buildings. For 14 consecutive years, Hong Kong has ranked as the world’s mo
In one of the wealthiest cities in the world, thousands of residents are living inside spaces barely larger than a mattress. Hong Kong, famous for its glittering skyline and ultra-luxury real estate, is also home to nearly 2 lakh people who survive in cramped 16-square-foot “coffin homes” hidden inside ageing buildings. For 14 consecutive years, Hong Kong has ranked as the world’s mo
The Reserve Bank of India (RBI) will announce its latest monetary policy decision today, February 6, 2026, with markets largely expecting the central bank to keep the repo rate unchanged. This announcement follows a series of rate cuts, with the last one made in December 2025, reducing the repo rate from 5.50% to 5.25%. Experts predict that the RBI will maintain a pause in rate cuts as it assesses the impacts of the previous changes on inflation and growth. RBI Governor Sanjay Malho
The Reserve Bank of India (RBI) will announce its latest monetary policy decision today, February 6, 2026, with markets largely expecting the central bank to keep the repo rate unchanged. This announcement follows a series of rate cuts, with the last one made in December 2025, reducing the repo rate from 5.50% to 5.25%. Experts predict that the RBI will maintain a pause in rate cuts as it assesses the impacts of the previous changes on inflation and growth. RBI Governor Sanjay Malho
California Gov. Gavin Newsom is set to use his final State of the State address on Thursday to portray the state as a governing model for the nation, drawing a sharp contrast with what he describes as instability and dysfunction at the federal level under President Donald Trump. The Democratic governor plans to argue that California’s policy direction and values stand in opposition to those coming from Washington, positioning the state as both a counterweight and an alternative to the curre
California Gov. Gavin Newsom is set to use his final State of the State address on Thursday to portray the state as a governing model for the nation, drawing a sharp contrast with what he describes as instability and dysfunction at the federal level under President Donald Trump. The Democratic governor plans to argue that California’s policy direction and values stand in opposition to those coming from Washington, positioning the state as both a counterweight and an alternative to the curre
India’s housing finance sector is witnessing a strategic shift as lenders begin treating defence personnel as a separate borrower category rather than grouping them under standard salaried profiles. With urban housing demand cooling and competition intensifying in metro markets, lenders are increasingly turning to defence families as stable, long-term borrowers who require customised solutions rather than generic home loan products. This change in approach has been highlighted by
India’s housing finance sector is witnessing a strategic shift as lenders begin treating defence personnel as a separate borrower category rather than grouping them under standard salaried profiles. With urban housing demand cooling and competition intensifying in metro markets, lenders are increasingly turning to defence families as stable, long-term borrowers who require customised solutions rather than generic home loan products. This change in approach has been highlighted by
The Cupertino City Council voted unanimously to appoint Tina Kapoor as the city’s next city manager, formally removing the word “interim” from her title and signaling a shift toward stability after years of leadership turnover. The decision places Kapoor at the head of the municipal administration during a period of ongoing debate over housing, development, and long-term economic planning in the Bay Area. Her appointment follows a series of frequent leadership changes that have shaped t
The Cupertino City Council voted unanimously to appoint Tina Kapoor as the city’s next city manager, formally removing the word “interim” from her title and signaling a shift toward stability after years of leadership turnover. The decision places Kapoor at the head of the municipal administration during a period of ongoing debate over housing, development, and long-term economic planning in the Bay Area. Her appointment follows a series of frequent leadership changes that have shaped t
The City of Austin has concluded a three-week initiative aimed at addressing homelessness through both cleanup operations and social outreach. The campaign, coordinated by the city’s Homeless Strategies and Operations (HSO) team, sought to connect unhoused residents with essential services while restoring public areas impacted by encampments. Over the course of the operation, more than 1.3 million pounds of debris were collected from nearly 700 sites across the city, marking one of Austin??
The City of Austin has concluded a three-week initiative aimed at addressing homelessness through both cleanup operations and social outreach. The campaign, coordinated by the city’s Homeless Strategies and Operations (HSO) team, sought to connect unhoused residents with essential services while restoring public areas impacted by encampments. Over the course of the operation, more than 1.3 million pounds of debris were collected from nearly 700 sites across the city, marking one of Austin??
The city of Plano, Texas, has issued a firm evacuation order for residents of the apartment community known as Evana Grove, marking what officials describe as the worst apartment complex in the city. Over the past two years, the complex accumulated nearly 1,500 code violations and faced more than $250,000 in unpaid water bills, prompting city officials to declare the property unfit for habitation and demanding that all residents relocate by Tuesday, November 4. According to the city??
The city of Plano, Texas, has issued a firm evacuation order for residents of the apartment community known as Evana Grove, marking what officials describe as the worst apartment complex in the city. Over the past two years, the complex accumulated nearly 1,500 code violations and faced more than $250,000 in unpaid water bills, prompting city officials to declare the property unfit for habitation and demanding that all residents relocate by Tuesday, November 4. According to the city??
New Jersey continues to stand out in the national housing market, once again placing several of its ZIP codes among the most expensive in the United States. According to recent real estate data, six New Jersey communities ranked within the top 100 priciest ZIP codes nationwide, reflecting the state’s sustained appeal among high-income residents and luxury homebuyers. At the forefront is Alpine in Bergen County, whose ZIP code 07620 tied for 13th place with the renowned Beverly Hil
New Jersey continues to stand out in the national housing market, once again placing several of its ZIP codes among the most expensive in the United States. According to recent real estate data, six New Jersey communities ranked within the top 100 priciest ZIP codes nationwide, reflecting the state’s sustained appeal among high-income residents and luxury homebuyers. At the forefront is Alpine in Bergen County, whose ZIP code 07620 tied for 13th place with the renowned Beverly Hil
San Jose’s cooling pipeline for conventional homebuilding has put unusual emphasis on one small-scale format that continues to deliver results: accessory dwelling units. Backed by a wave of California legislation that curbed local barriers and clarified property rights, ADUs—once a niche backyard project—have evolved into a central element of the city’s growth strategy. Because they are constructed on existing lots and typically require fewer discretionary approvals than multifamily p
San Jose’s cooling pipeline for conventional homebuilding has put unusual emphasis on one small-scale format that continues to deliver results: accessory dwelling units. Backed by a wave of California legislation that curbed local barriers and clarified property rights, ADUs—once a niche backyard project—have evolved into a central element of the city’s growth strategy. Because they are constructed on existing lots and typically require fewer discretionary approvals than multifamily p
A property collective known as Petra, which manages three apartment complexes in Washington, D.C., has been ordered to pay $700,000 after being found liable in a housing discrimination lawsuit. The legal action accused Petra of intentionally discriminating against lower-income residents in order to boost profits, violating several District housing laws. The outcome represents a significant step in the city’s continuing efforts to ensure equal access to affordable housing and to hold landlords
A property collective known as Petra, which manages three apartment complexes in Washington, D.C., has been ordered to pay $700,000 after being found liable in a housing discrimination lawsuit. The legal action accused Petra of intentionally discriminating against lower-income residents in order to boost profits, violating several District housing laws. The outcome represents a significant step in the city’s continuing efforts to ensure equal access to affordable housing and to hold landlords
The San Jose metropolitan area has topped a national ranking — but for reasons that signal growing trouble for California’s housing market. According to a recent HomeAbroad report analyzing U.S. Census Bureau data, the San Jose-Sunnyvale-Santa Clara region recorded the steepest drop in residential construction permits among the country’s 100 largest metro areas, with a staggering 68% decline over five years. In July 2020, the region issued 1,949 building permits. By July 2025,
The San Jose metropolitan area has topped a national ranking — but for reasons that signal growing trouble for California’s housing market. According to a recent HomeAbroad report analyzing U.S. Census Bureau data, the San Jose-Sunnyvale-Santa Clara region recorded the steepest drop in residential construction permits among the country’s 100 largest metro areas, with a staggering 68% decline over five years. In July 2020, the region issued 1,949 building permits. By July 2025,
A plan to build one of Cupertino’s first 100 percent affordable housing projects, designed to support some of the community’s most vulnerable residents, has stirred opposition from neighbors concerned about safety and parking. The proposed project, located along Mary Avenue, aims to create 40 affordable homes on a 0.79-acre site. Out of these, 19 homes would be reserved for adults and families with children who have intellectual and developmental disabilities, while 20 u
A plan to build one of Cupertino’s first 100 percent affordable housing projects, designed to support some of the community’s most vulnerable residents, has stirred opposition from neighbors concerned about safety and parking. The proposed project, located along Mary Avenue, aims to create 40 affordable homes on a 0.79-acre site. Out of these, 19 homes would be reserved for adults and families with children who have intellectual and developmental disabilities, while 20 u
The Washington Commanders may return to play football in the District of Columbia by 2030, but significant hurdles remain before that becomes reality. The D.C. Council is scheduled to vote on Tuesday regarding legislation that would enable a major redevelopment of the RFK Stadium site, potentially paving the way for the Commanders’ return. While city officials and proponents of the project emphasize its economic potential and promise to revitalize the area east of the Anacostia River, loca
The Washington Commanders may return to play football in the District of Columbia by 2030, but significant hurdles remain before that becomes reality. The D.C. Council is scheduled to vote on Tuesday regarding legislation that would enable a major redevelopment of the RFK Stadium site, potentially paving the way for the Commanders’ return. While city officials and proponents of the project emphasize its economic potential and promise to revitalize the area east of the Anacostia River, loca
As the nation continues to grapple with cuts to social safety nets, a new provision in the congressional budget bill has provided a significant boost to affordable housing efforts. The recently passed H.R. 1 includes an increase in the Low Income Housing Tax Credit program, which has long served as the primary federal tool for financing affordable housing projects. Starting next year, states will be able to permanently expand their tax credit allocations by 12 percent, giving developers new o
As the nation continues to grapple with cuts to social safety nets, a new provision in the congressional budget bill has provided a significant boost to affordable housing efforts. The recently passed H.R. 1 includes an increase in the Low Income Housing Tax Credit program, which has long served as the primary federal tool for financing affordable housing projects. Starting next year, states will be able to permanently expand their tax credit allocations by 12 percent, giving developers new o
Portland leaders are heading overseas in hopes of finding solutions to the city’s growing housing affordability crisis. This week, around 20 people including three city councilors, their chiefs of staff, and members of the Portland Housing Bureau will travel to Vienna, Austria, to study the city’s internationally recognized social housing model. The trip is taxpayer funded and has already generated debate among residents and officials about its cost and purpose. Social h
Portland leaders are heading overseas in hopes of finding solutions to the city’s growing housing affordability crisis. This week, around 20 people including three city councilors, their chiefs of staff, and members of the Portland Housing Bureau will travel to Vienna, Austria, to study the city’s internationally recognized social housing model. The trip is taxpayer funded and has already generated debate among residents and officials about its cost and purpose. Social h
San Jose city workers started clearing a homeless encampment at Columbus Park on Monday morning, but the process took a tragic turn when a man was discovered dead inside his RV. Authorities confirmed that the body was found as crews began moving through the area. The cause of death has not yet been determined, but friends of the man believe the stress of the encampment sweep and the uncertainty of losing his shelter may have played a role.
San Jose city workers started clearing a homeless encampment at Columbus Park on Monday morning, but the process took a tragic turn when a man was discovered dead inside his RV. Authorities confirmed that the body was found as crews began moving through the area. The cause of death has not yet been determined, but friends of the man believe the stress of the encampment sweep and the uncertainty of losing his shelter may have played a role.
In Linden, New Jersey, concerns are mounting over the condition and management of the Edward J. Murawski Towers, an 11-story senior housing complex on Dill Avenue that has stood since the 1970s. The building, which contains 150 units, is meant to provide safe and affordable housing for seniors, yet many of those apartments are sitting empty, some for years. City officials say at least 62 units are currently uninhabitable but could be repaired immediately if a
In Linden, New Jersey, concerns are mounting over the condition and management of the Edward J. Murawski Towers, an 11-story senior housing complex on Dill Avenue that has stood since the 1970s. The building, which contains 150 units, is meant to provide safe and affordable housing for seniors, yet many of those apartments are sitting empty, some for years. City officials say at least 62 units are currently uninhabitable but could be repaired immediately if a