A New York Times article suggests Americans buy homes in Europe that are a “bargain compared with Manhattan” as the U.S. housing market continues to choke prospective buyers.
The August 29 article, titled “Want a Manhattan Apartment? Try These European Countries Instead,” cited a study from international real estate research blog My Dolce Casa that compared Realtor.com’s median listing price for a 500-square-foot Manhattan apartment to what is available across France, Greece, Italy, Portugal, and Spain.
“Look first to Italy. Molise, a mountainous region that appeared on The New York Times’s 2020 list of 52 places to visit, took the top spot. For about $750,000, you can buy 8,333 square feet there, which comes to $90 per square foot,” wrote Times real estate reporter Matt Yan. “Calabria, in southern Italy, wasn’t too far behind at 8,242 square feet, which comes to about $91 per square foot.”
In comparison, a $750,000 apartment in Manhattan would run a buyer a whopping $1,500 per square foot, the article said.
The 8,000+ square feet homes in Italy “would cost about $12 million at Manhattan prices,” Yan wrote. […]
— Read More: www.breitbart.com
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Hedge Fund Billionaire Threatens to Pull Out of Stock Market if Kamala Harris Wins
by Publius
In a striking revelation, Republican megadonor and hedge fund billionaire John Paulson has made it clear that a Kamala Harris presidency would send him scrambling for safety, pulling his money out of the stock market due to what he describes as “uncertainty” surrounding her economic policies. This isn’t just a…
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Former President Donald Trump on Tuesday night claimed that he would impose a “200% tariff” on Mexican automakers that are trying to sell cars in the United States, if he is elected back to the White House in November. The comment occurred during a town hall event in Flint, Michigan,…
Removing Medical Debt from Credit Score a Repeat of 2008 Financial Crisis
In yet another socialist, populist move to win votes, Kamala Harris has said that she wants to remove medical debt from credit scores, claiming it will help poor working families already struggling with debt to borrow more money. However, this policy is not only harmful to those families but could…
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‘Groceries Still Too High’: Kamala Harris Undermines Her Own Economic Record
by Breitbart
Vice President Kamala Harris undermined her own economic policies on Tuesday by admitting that inflation is far too high under the Biden-Harris administration. Harris faces a conundrum: She cannot campaign on policies to fix crime, inflation, and border security without undermining the Biden-Harris administration’s policies, but she must tout the…
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by Daily Caller
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by Breitbart
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The Ruling Elites Create an Orwellian Reinterpretation of Human Rights
by Mises
Ludwig von Mises depicts the aim of revolutionary socialism as: “to clear the ground for building up a new civilization by liquidating the old one.” One of the main strategies in liquidating a civilization involves dismantling its legal and philosophical foundations. This role is fulfilled by activists who embark upon…
Pentagon Gives $1.5 Million to Dem Activist’s Fake Meat Laboratory
by Daily Wire
The Department of Defense awarded nearly $1.5 million in taxpayer money to a Democratic donor’s company, which makes fake lab-grown meat from fermented fungus. The Better Meat Company, which uses fungus protein to make fake meat in a lab, is led by CEO Paul Shapiro, an activist with a history…
US and Japan Nearing ‘Breakthrough’ Deal to Restrict Chip Tech Exports to China
by Zero Hedge
A new report from the Financial Times details how US and Japanese officials are nearing a deal to curb tech exports to China’s chip industry. This comes two weeks after Beijing threatened severe economic retaliation against Tokyo if it proceeded with new chip export curbs. FT spoke with insiders who…