If you're an athlete at the Sochi Games, Russia's cost overruns and dramatic overspending aren't going to seem like such a bad thing. The Olympics' official Twitter feed has been posting some photos of athletes' accommodations during the Sochi Games, and they're sweet, to say the least.
In case you haven’t heard, it’s hard out there for a tenant. San Francisco rent price increases are outpacing the nation– more than three-fold. In December, rental prices in San Francisco rose 10.6%, which is higher than the national average of 3.0%. Trulia’s Rental Price heat map above captures the median price per bedroom (not entire apt) for some of the popular San Francisco neighborhoods.
Chinese investors began pouring a lot of money into overseas commercial real estate during 2013, purchasing properties worth $7.6 billion, an increase of nearly 125% over the previous year, according to data just released by Chicago-based Jones Lang LaSalle.
The real estate industry is changing faster than we know. We can keep our eyes on the new technologies that are coming out, but the changes in consumer habits are what will influence our industry the most.
