Word: homeseer
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This kind of activity - flushing out low-rent tenants and replacing them with wealthier new renters - has been a staple of strong real estate markets for years. What was different over the past few years was how widespread this Dickensian business model had become, largely fueled by Wall Street money...
But as private equity funds seized on the rental market in major cities in recent years, all this was jeopardized by the need to generate fat returns of 15%-20% per annum. Worse, this business model was based on a dirty secret - expelling as many existing tenants as possible. This...
Looking for parallels to Haiti's catastrophe, many point to China. In May 2008, a 7.9-magnitude earthquake struck the southwestern province of Sichuan, pancaking homes, schoolhouses and other buildings and killing at least 68,000 people. But the ferocity of the temblors and the huge death tolls may be...
Kabul has been battered by bomb blasts over the last several months - including an Oct. 28 attack on a U.N. guesthouse that left 11 people dead - but Monday's attack represented a sharp escalation in the violence. Farida Nekzad, an Afghan journalist based in Kabul, told TIME that the insurgents...
Goel Ratzon's Facebook profile shows the bespectacled Israeli with shoulder-length white hair and neatly trimmed beard and says he is currently dating and has 36 friends. His real status is somewhat more complicated. When Israeli police raided the self-styled healer's four homes in Tel Aviv last...