Gas Stove Pollution Harms Poor and Minority Americans Most, Study Finds
Households making under $10,000 per year experience double the exposure to pollution compared to households making more than $150,000.
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Households making under $10,000 per year experience double the exposure to pollution compared to households making more than $150,000.
Berlin-based condom producer Einhorn has promoted its mission to protect the environment with products like its vegan, fair-trade rubbers. Now, it’s taking that ambition out of the bedroom and onto the balcony.
Wall Street analysts see a double-digit upside potential for the S&P 500’s biggest losers this year: real estate stocks.
US Treasury Secretary Janet Yellen said she still sees underlying price pressures receding even as a tight housing supply has helped stall the downward path of inflation.
About $52 billion, or 31%, of all office loans in commercial mortgage bonds were in trouble in March, according to KBRA Analytics.
Dec 21, 2020
Bloomberg News
,(Bloomberg) -- One of Dubai’s largest developers said 2021 would be another challenging year for the sector and warned against the risk of companies “dumping” property in a market already grappling with excess inventory.
“I hope the big developers don’t start dumping supply just because they can sell another few hundred villas or apartments,” Damac Properties PJSC Chairman Hussain Sajwani said in an interview with Bloomberg TV. “We very strongly believe that next year will be a challenging year.”
Damac’s chairman has been advocating for a moratorium on construction in Dubai, the Middle East’s tourism and financial hub, where a property glut has driven home prices down by more than 30% since 2014. The government was forced to set up a committee to manage supply and demand as some of the city’s largest developers continued to build.
Gloom Deepens for Dubai Property Stocks as Homes Glut Grows (1)
Now, it seems many are coming around to accept the need to halt new building. After resisting calls to stop, the head of Dubai’s biggest developer Emaar Properties PJSC, Mohamed Alabbar, earlier this month said his company stopped all new construction temporarily.
Morgan Stanley Says Dubai Builder Emaar Faces Prisoner’s Dilemma
Measures to curb the spread of coronavirus “have forced everybody to stop no matter if they like it or not,” Sajwani said. “Everybody realizes there is too much oversupply.”
Damac won’t be bringing new product to the market, Sajwani said. “We have no intention of expanding because the situation still doesn’t look rosy at all going forward.”
Dubai Faces a ‘Disaster’ From Overbuilding, Top Developer Says
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