A Look at Real Estate in Malaysia & Singapore

“The first stop was Kuala Lumpur (KL). I was impressed at the level of development and with the quality of the infrastructure, in particular the newer developments underway in the satellite cities that surround KL.  Similar to the growth model used in parts of India, areas a few kilometers outside major metro centers are targeted for development where whole cities are literally grown out of the ground. Unlike China, though, these planned cities actually have residents and businesses and buzzing commerce. I visited one of these planned developments—Damansara Perdana—and it looked like a community that you’d expect to see in an upper-middle class area of Southern California like Orange County.”

https://www.internationalman.com/78-global-perspectives/1035-a-look-at-real-estate-in-singapore

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Should anyone own parts of the moon?

“Robert Bigelow, the founder of Bigelow Aerospace, made a fortune in the hotel and real estate businesses, and he’s pouring hundreds of millions of dollars into an enterprise that will create inflatable habitats designed for life beyond Earth. He entered into an agreement with NASA to provide a report on how ventures like his could help NASA get back to the moon, and even Mars, faster and cheaper. The catch? It needs to be worth his while.  Bigelow is applying to the FAA’s Office of Commercial Space Transportation to amend a 1967 international agreement on the moon so that a system of private property rights can be established there.”

http://www.cnbc.com/id/101195299

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Bitcoins being used in the Shanghai property market

“Three buildings on a 700,000 square-meter plot of land in the Pudong district of Shanghai, China look just like any of the other buildings in the city. What makes them different, however, is that space in these buildings can be purchased using bitcoins, a digital currency that is circulated on the internet and functions without the intermediation of a central authority.  At the entrance to one of the three buildings, which is used as the property management center, a bulletin reads ‘Today’s bitcoin value: 1: 2100.’, meaning that 1 bitcoin has an exchange value of 2,100 yuan (US$344). The owner of the buildings, Shanda Tiandi Ltd., posts the rate every day.”

http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20131114000039&cid=1102

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Galt’s Gulch Chile: First Libertarian Community Accepting Bitcoin

“Galt’s Gulch Chile is a self-sustaining organic farming community located within the mild Mediterranean microclimate of central Chile. This realization of John Galt’s vision holds title to over 11,000 acres of pristine land with nearly 800 liters per second of registered underground and surface water rights. Galt’s Gulch Chile presents, for the first time, the opportunity to purchase real estate with the revolutionary new virtual currency bitcoin.  Galt’s Gulch Chile spokesperson Jeff Berwick, founder of StockHouse, TDV Media & BitcoinATM, has played a significant role in the early stages of bitcoin. Berwick has been on Fox News, CNBC & Bloomberg to discuss the rise of bitcoin.”

http://finance.yahoo.com/news/galts-gulch-chile-becomes-first-115057438.html

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Decentralised Digital Asset Registers: Mastercoin

“What makes this approach interesting is that it is based on a deep insight: the bitcoin network and the bitcoin currency are not the same thing. The key insight of mastercoin is that you could also build a distributed asset register on top of the network services, without making much use of the bitcoin currency itself.  That is: whereas a bitcoin transaction and a colored coin transaction are really the same thing, a mastercoin transaction could have no real conceptual linkage to the underlying bitcoin transaction that happens to carry it. It would, in effect, be a second currency system sitting on the same network infrastructure.”

http://gendal.wordpress.com/2013/11/10/decentralised-digital-asset-registers-mastercoin/

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Chinese can now buy real estate with Bitcoin

“Bitcoin acceptance in China has now extended into real estate with a residential developer in Zhangjiang Hi-Tech park in Shanghai finding a new way to promote sales through the acceptance of Bitcoin virtual currency.  Shanda Group, one of the large IT giants in China, through its real estate development arm, opened sales of its first real estate investment project on October 25th, 2013. 300 apartments in the soon to be built buildings ranging from 42-81sqm were available for sale and sold out in a few minutes as demand far outstripped supply.  As part of the promotion, Shanda accepted Bitcoins for payment.”

http://www.finextra.com/Community/FullBlog.aspx?blogid=8475

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2014 will see the “Rise of the Short Sale”

“Many people have come to view loan modifications as a new housing entitlement. It won’t be. The moment borrowers are no longer underwater, the entitlement will be rescinded by the banks. Remember, they would rather foreclose and get their money back so they can loan it to someone who will make payments based on the original contract terms. With house prices rising, many borrowers have equity again, and many others are quickly approaching the surface. As one might expect, banks are getting less accommodating as borrowers approach the surface. Apparently, bank compassion is only extended to those borrowers who might cost the bank money in a foreclosure.”

http://ochousingnews.com/news/2014-will-see-the-rise-of-the-short-sale

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I Bought An Apartment To Rent Out On Airbnb

“In 2012 I bought an apartment specifically to rent out on airbnb. I’ve been managing it remotely for the past year. This post includes everything I learned as well as some revenue numbers.  There’s a lot of places in the US where house prices are still very cheap. It’s possible to find a nice apartment in a major city for less than $50,000.  The place I found was in Las Vegas and it cost $40,000. It’s a 750 sqft 1 bedroom, 1 bath. There’s a shared pool with a hot tub and even a tennis court. Perfect for the weary traveler who wants to relax after a long journey.”

http://needwant.com/p/buying-apartment-airbnb/

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Challenging the 911 Landlord Law

“‘911 Landlord Laws’ are also known as ‘nuisance’ or ‘crime-free housing‘ ordinances. The ordinances vary from city to city, but certain elements are common: to keep their rental licenses, landlords are encouraged or required to perform criminal background checks on rental applicants; they are encouraged or required to use a ‘crime-free lease,’ by which any crime on the premises breaks the contract — even if the tenant was a victim and did nothing more than call the police; furthermore, the police can demand eviction of a ‘nuisance’ tenant, and landlords who do not comply can be repeatedly fined or worse. In some cities, landlords can also be forced to pay the cost of police visits.”

http://fff.org/explore-freedom/article/challenging-the-911-landlord-law/

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Blackstone Funding Largest U.S. Single-Family Rentals

“The private-equity firm is now planning to sell bonds backed by lease payments, the latest step in turning a small business into a mature industry. Blackstone has led hedge funds, private-equity firms and real estate investment trusts raising about $20 billion to purchase as many as 200,000 homes to rent after prices plunged 35 percent from the 2006 peak. The largest investors, seeking to profit from rebounding prices and rising demand for rentals among millions of Americans who went through foreclosure or can’t qualify for a mortgage, are looking to the bond market for capital to buy more properties and increase returns with borrowed money.”

http://www.bloomberg.com/news/2013-10-23/blackstone-creating-rental-home-bonds-after-buying-spree.html

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