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President Joe Biden has nominated Los Angeles mayor Eric Garcetti as ambassador to India. Assuming the Senate confirms him, Garcetti, who would leave office early (his second term ends in December 2022), might find India familiar in certain respects. Like Mumbai or Delhi, Los Angeles now has massive homeless encampments throughout the city, even increasingly in posh neighborhoods like Brentwood and throughout the middle-class strongholds of the San Fernando Valley. Late last week, as Garcetti prepared to leave town, homeless advocates, angered by a city ordinance against indiscriminate camping on city streets, vandalized Getty House, the mayor’s official residence.
Vancouver is the seventh most expensive housing market in the world, according to a 2020 survey by commercial real estate firm CBRE, ahead of Los Angeles, Paris and New York. This year, a study by the Urban Reform Institute named Vancouver the second most unaffordable city of 100 major metropolises, behind Hong Kong and just ahead of Sydney. The coronavirus pandemic meant Vancouver housing prices rose by 20-25% in a year, the Vancouver Sun reports.
Still, the micro apartmentâs rent is more than half the cityâs average of C$1,107 (US$900).
The listing was removed after a few days, but not before being picked up by the website Vancouver is Awesome, which points out the apartmentâs size is smaller than the City of Vancouverâs 250-square-foot (23 sq metre) definition of a micro dwelling.
Rest room: tiny Vancouver micro studio combines bedroom and toilet msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
Hong Kong home prices rise for fifth straight month in May Toggle share menu
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Hong Kong home prices rise for fifth straight month in May
FILE PHOTO: Residential flats are seen in Tung Chung on Hong Kong s Lantau Island, China September 6, 2019. Picture taken September 6, 2019. REUTERS/Amr Abdallah Dalsh
28 Jun 2021 02:00PM (Updated:
28 Jun 2021 02:28PM) Share this content
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HONG KONG: Hong Kong private home prices, the most unaffordable in the world, extended gains for a fifth consecutive month in May, official data showed on Monday (Jun 28), helped by a recovering economy and expectations that Chinese buying will keep prices firm.