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Thumbnail image for From One Billionaire to Another: Formula 1 Heiress Buys Candy Spelling’s Mansion

From One Billionaire to Another: Formula 1 Heiress Buys Candy Spelling’s Mansion

Candy Spelling’s massive 57000 square foot property on 5 acres in Holmby Hills, CA has sold to Formula One heiress Petra, daughter of Bernie Ecclestone for a price in the vicinity of $150 million USD.

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Thumbnail image for Where in Mainland China do the Millionaires Live?

Where in Mainland China do the Millionaires Live?

China has 960,000 “millionaires” with personal wealth of 10 million Yuan or more. These wealthy consumers are young with an average age of 39 years. Over half of them derived their wealth from their private business, while 20% from property investment and 15% from the stock market. About 30% of them are women.

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Thumbnail image for KIVA Microfinance Update on Alivera Mukamukiza in Rwanda

KIVA Microfinance Update on Alivera Mukamukiza in Rwanda

Good news from the KIVA Organisation, who have revealed that Alivera Mukamukiza – a recipient of MarquetteTurner microfinance loans- has reached her target loan of $1,025 USD to help expand her business, a general store that sells a large variety of food and other items. Living in Kigali, Rwanda Alivera will use her loan to purchase […]

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Thumbnail image for New Report Reveals Countries with Most Millionaire Households

New Report Reveals Countries with Most Millionaire Households

The 2011 Global Wealth Study from Boston Consulting Group reveals the countries in the world that have the most number of millionaire households, with Singapore having the most relative to its population and the United States the most number overall.

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Thumbnail image for The Design for Living Online Newspaper

The Design for Living Online Newspaper

Marquette Turner Luxury Homes curate news from our friends and followers on Facebook & Twitter on Arts, Entertainment, Architecture, Design, Social Media, Business & Property

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Thumbnail image for Hong Kong Real Estate: Chinese Property Buyers Choosing Close to Home

Hong Kong Real Estate: Chinese Property Buyers Choosing Close to Home

Hong Kong is the most popular destination for Chinese tourists, and the common language of Mandarin so it makes sense that Chinese buyers are buying Hong Kong Real Estate. Additionally, the rising yuan goes a long way in Hong Kong and with the Chinese government seeking to cool its home property market wealthy Chinese property investors are looking to the next best thing.

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Thumbnail image for The Latest Real Estate Chatter on Social Networks: May 10, 2011

The Latest Real Estate Chatter on Social Networks: May 10, 2011

No sooner had the Royal Wedding been making blanket headlines on Social Networks, was this news trumped by the announcement of the killing of Osama Bin Laden and all the manic comments that ensued. Therefore, it probably comes as no surprise that Bin Laden is mentioned in this edition of our real estate wrap-up, but don’t overlook the other interesting videos, comments and articles, including ones on Hitler (yes – it’s the month for the notorious icons of the 20th and 21st Century), plus Mark Zuckerberg of “The Social Network:” Facebook, as well as many useful tips, advice and downloads from around the world

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Thumbnail image for The Hong Kong Real Estate Market is Showing Signs of Cooling

The Hong Kong Real Estate Market is Showing Signs of Cooling

New data show that the volume of deals in Hong Kong – one of the world’s most expensive real estate markets – is easing. The number of Hong Kong property transactions in April was down 23% from the previous month, and down 27% from a year earlier

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Thumbnail image for The Two Achilles Heels of the Australian Economy: Debt Levels and Housing Prices

The Two Achilles Heels of the Australian Economy: Debt Levels and Housing Prices

For years we have been arguing that Australian real estate prices are obscenely high and ultimately unsustainable. Despite our citing of data from such respected institutions and organisations as The Economist, the World Bank and the International Monetary Fund, it is only now that the message and our warnings seems to be catching up with reality. Are we predicting a massive bursting of an unflatteringly obese bubble?

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Thumbnail image for 60 Per Cent of American Real Estate Sold to Foreigners and Investors

60 Per Cent of American Real Estate Sold to Foreigners and Investors

A recent study by Capital Economics that found that 60 per cent of property sales are to foreigners and investors, most of them paying cash. This is in addition to home sales being at a 50 year low, and existing home sales falling by nearly 10 per cent in February 2011 to their lowest level in nine years.

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