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Real Estate & Construction News Round-Up (07/06/22) — Gravel2Gavel Construction & Real Estate Law Blog — July 6, 2022

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The 1st authentic estate NFT minting, marketplace, and lending platform launches, New York workplace homeowners struggle beneath growing desire charges, an interactive Fortune map reveals shifting U.S. housing inventory concentrations, and far more.

  • Liquid Earth introduced as the 1st system to develop an NFT representing possession of serious estate. (Electronic Journal)
  • Britain’s building sector slows developing development, providing the weakest progress stages considering that September 2021. (Reed Landberg, Bloomberg)
  • Office home owners in New York struggle below increasing desire premiums. Paired with lengthy time period occupancy shifts ensuing from distant function, the sector is projected to fall in benefit by 28% by 2029. (Holden Walter, The Actual Offer)
  • China’s true estate sector is past the worst of its slump, but experts task product sales remaining frustrated because of a weak position industry, a extended dollars crunch and minimal self esteem on housing costs. (Bloomberg)
  • Irrespective of the multifamily industry’s openness to innovation, the pandemic inadvertently uncovered several means in which rental tech is not currently being utilized to the fullest. (Levi Kelman, Forbes)
  • An interactive map printed by Fortune shows shifting U.S. housing stock degrees as traditionally small mortgage charges rise to the best fees due to the fact 2008. (Lance Lambert, Fortune)

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