Rising costs and climate change are making Australian ski fields inaccessible to many, shifting from an egalitarian pursuit in the 80s and 90s to an elite activity, with lift tickets now around $180-$220/day and unreliable snow due to global heating.
Despite a new tax on second homes in New York City, luxury real estate sales remain robust with falling inventory. Contracts signed for apartments $4 million+ are up year-over-year, and average Manhattan apartment prices hit a second-highest level. Wealthy buyers are driven by market liquidity and asset price gains, outweighing tax concerns.
Vinícius Júnior led Brazil to a dominant victory over Scotland in a World Cup match in Miami, scoring twice. The game, attended by Brazilian celebrities like Ronaldinho, saw Matheus Cunha and Neymar also contribute, securing Brazil's qualification amidst a vibrant, Brazil-heavy atmosphere.
New York and the UK are implementing new taxes on luxury properties to address the housing crisis and fund public services. While these measures aim to target the ultra-rich, experts suggest they are only a partial solution to broader issues of real estate financialization and monetary policy.
SpaceX CEO Elon Musk has become the world's first trillionaire following a successful IPO that saw shares surge, valuing the company over $2 trillion. New York City Mayor Zohran Mamdani used the milestone to push for taxing the wealthy, proposing a new 'pied-à-terre' tax on luxury homes.
A UIL study reveals significant disparities in IMU costs for second homes and luxury properties across Italy, with Rome being the most expensive and Palermo the least. The report calls for structural reform to ensure greater tax fairness.
Phân khúc bất động sản nghỉ dưỡng ven biển đang thay đổi, second home không chỉ là nơi lưu trú mà còn là không gian sống. Dự án The Indochine tại Hồ Tràm theo đuổi phong cách Indochine đương đại, kết hợp kiến trúc, tiện ích chuẩn quốc tế và tiềm năng khai thác sinh lời.
Former MLB and KBO star Eric Thames is back in South Korea, a country he calls 'my second home.' He's launching 'MLB Breakfast Club' and attending a KBO game, reminiscing about his time playing for the NC Dinos and the league's growing appeal.
Long-time members of Delhi Gymkhana Club describe it as a 'second home' integral to family life, friendships, and daily routines for decades, now facing an uncertain crisis threatening a way of life.
Hull City owner Acun Ilicali reflects on his journey with the club, culminating in a Wembley playoff final for Premier League promotion. The Turkish media mogul discusses his management style, team investment, and the challenges ahead.
San Francisco Giants outfielder Lee Jung-hoo hit his second home run of the season in a 9-4 loss to the Miami Marlins, going 3-for-4 at the plate. Meanwhile, Los Angeles Dodgers infielder Kim Hye-seong recorded his fourth multihit game of the season in a 6-4 defeat against the Chicago Cubs, raising his batting average to .351.
New York Gov. Kathy Hochul and NYC Mayor Zohran Mamdani announced a proposed 'pied-à-terre' tax on non-primary residential real estate worth over $5 million, expected to raise $500 million annually. However, appraisers and attorneys warn the tax will spark costly legal battles over property valuation, as New York's antiquated property tax system dramatically undervalues co-ops and condos. About 13,000 non-primary homes would be subject to the tax, which still needs state legislature approval.
