May 13th, 2024
In today's episode of Real Estate Investor News, we delve into some concerning developments in the housing market. First up, America's Home Builders, D.R. Horton Homes, are facing scrutiny as reports reveal severe structural issues plaguing their properties, including compromised roofs and multiple code violations. Then, in a bizarre turn of events, TV chef Madison Cohen exploits legal loopholes to evade over $145,000 in rent payments for his Brooklyn apartment over the past four and a half years, leaving his landlord in a dire financial situation. Lastly, we explore a brighter trend as 2023 sees a surge in adaptive reuse projects, with over 151,000 units, including former hotels and offices, being transformed into apartments across the nation. Join us as we dissect these stories and their implications for the real estate market.
Real Estate Articles:
1. https://mishtalk.com/economics/americas-homebuilder-d-r-horton-homes-falling-apart-in-months/
3. https://www.credaily.com/newsletters/2023-sees-151k-units-adaptive-reuse-hotels-top-offices/
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