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global financial crisis

Thumbnail image for Architectural Integrity Vs Financial Realities: Five Franklin Place, TriBeCa

Architectural Integrity Vs Financial Realities: Five Franklin Place, TriBeCa

When Ben van Berkel of UNStudio first unveiled his vision for Five Franklin Place, the elaborate façade of layered strips offered a dynamic picture of what TriBeCa’s newest architectural creation could be. The global financial crisis, however, displays the inherent push and pull between architectural integrity and financial reality.

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Thumbnail image for Seven US Towns Where Land is Free

Seven US Towns Where Land is Free

As US towns continue to recover from the Global Financial Crisis, some are willing to offer free land as an incentive to buck the city and live in often, the middle of nowhere. As with the homesteaders of the 1800s, the new pioneers must not be the faint of heart—they can’t be the type to shy away from the trials of building a home from the ground up, or unpaved roads for instance.

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Thumbnail image for Global Wealth in 2010 – A New Report

Global Wealth in 2010 – A New Report

The analysis of 50 countries shows in the Allianz Global Wealth Report that the wealth losses as a consequence of the financial crisis have not yet been overcome, but at the same time the poor are getting richer faster than the rich are getting richer showing that the Global Financial Crisis has had a somewhat leveling effect.

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Thumbnail image for Number of World’s Millionaires Increased in 2009 Despite GFC

Number of World’s Millionaires Increased in 2009 Despite GFC

The world’s high-net-worth individuals improved their financial position in 2009 despite the Global Financial Crisis (GFC). There are now in excess of 10 million HNW-I’s in the world, and furthermore, their wealth increased by 18.9% to $39 trillion USD. Asian millionaires, led by those in Hong Kong and India, have now overtaken their European counterparts, with the total wealth of Asia’s 3 million millionaires increasing to $9.7 trillion USD, beating the $9.5 trillion USD held by Europe’s richest.

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Thumbnail image for Holiday Homes and Investment Apartments in Yalikavak, Turkey – Reduced by up to 50%

Holiday Homes and Investment Apartments in Yalikavak, Turkey – Reduced by up to 50%

Turkey is fast becoming the holiday destination of choice for Europeans and Asian’s alike. Now is your opportunity to purchase a holiday home at a great price, with all Glorya Homes apartments being reduced in line with the Global Financial Crisis by as much as 50% plus! Glorya Homes are located only 75 metres from the beach and a 20 minutes walk to Yalikavak town centre. The complex consists of 46 penthouses, duplexes & apartments – most of which have a sea view. It has a magnificent adults pool and a children’s pool. Penthouses, Duplex and Apartments measure 82m2 to 184m2, each with 26 m2 lounge and open-plan kitchen (please refer to floor plans). Prices range from just €190,000 to €250,000.

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Thumbnail image for What is Really Driving Australian Property Prices?

What is Really Driving Australian Property Prices?

In this article of Michael Marquette’s “View from the Bridge”, he looks at the factors that are REALLY driving Australian property prices, and an undersupply of real estate is not one of them. Instead, he focuses on the the changing nature of demographics, driven not just by prices but also demographics.

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Thumbnail image for Real Estate News: Feb 02, 2010 Marquette Turner Luxury Homes eMagazine

Real Estate News: Feb 02, 2010 Marquette Turner Luxury Homes eMagazine

In the latest Marquette Turner Luxury Homes eMagazine for February 2010, we feature the Top 10 best cities in the USA for investment, the modern cocoon shower complete with hydro therapy and mood lighting, there’s an outlook for Australia’s real estate for 2010; plus a wonderful luxurious oceanfront home in Hawaii. There was also an incorrect link for Senator Ted Kennedy’s Washington DC mansion last edition, so we’ve added it again this issue.

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Thumbnail image for Luxury Hong Kong Apartment Sells for $57.3 million

Luxury Hong Kong Apartment Sells for $57.3 million

The sale of a luxurious apartment in Hong Kong has just sold for $57.3 million USD. Located in one of the cities wealthiest districts, Conduit Road, the Chinese buyer now has a magnificent 6,158 square feet apartment with five bedrooms, grand harbour views, an aroma spa centre, fitness room and outdoor yoga gym (part of the development). Based purely on value per square foot, it is the most expensive in Asia.

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Thumbnail image for View from the Bridge: Australians Far Too Complacent About the Economy

View from the Bridge: Australians Far Too Complacent About the Economy

Despite the monumental shift in the World economy and the considerable distance we still have to travel to recover and restructure, the Australian media, Reserve Bank and the population as a whole has decided to put their heads in the sand. The overwhelming sentiment is that Australia has in some way missed the worst of the economic crisis and is powering ahead. Sydney real estate agent Michael Marquette of luxury real estate agency Marquette Turner Luxury Homes explains that the decision of the Reserve Bank to lift interest rates from 3% to 3.25% today is testament to this way of thinking

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Thumbnail image for The Road to Recovery: The Global Financial Crisis and You

The Road to Recovery: The Global Financial Crisis and You

We recently held a poll for our readers to find out how 2009 was treating them and whether they felt things were getting better. Is the road to recovery real and how are people now seeing the global financial crisis?

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