Mansion Global Daily: Rethinking Design for a Post-Covid World, Home Foreclosures Soar in China, and More

Developers Globally Are Delaying Projects and Rethinking Design Following Coronavirus

The pandemic is accelerating lifestyle and amenity trends, a recent survey finds. Read More




Modern Mansion in Portland, Oregon, With Mountain Views Perfectly Blends Art and Architecture

The property also includes a detached guest house with a separate driveway. Read More


Top Tips for Decorating With Textured Wallpaper

Dressing your walls to add more depth and recreate your space. Read More


Canadian Home Sales, Prices Hit Record Highs for August

Home sales and home prices in Canada reached record highs for the month of August, according to data from the Canadian Real Estate Association (CREA). While increases were uneven nationally, with the Greater Toronto Area and the Greater Vancouver Area driving the bulk of the boost, overall across the country, home sales jumped 33.5% in August year-over-year and home prices were up 18.5% for an average of C$586,000 (US$444,466) over the same period. They mark new peaks for the late summer month. BNN Bloomberg

Home Foreclosures Soar in China

China’s debt-driven real estate rally appears to be at an end, with foreclosures spiking in the nation as shrinking income and job prospects, brought on by severe economic contraction, is restricting borrowers’ ability to repay. According to the Taobao e-commerce platform, 1.25 million homes were foreclosed on in China for the year-to-date, compared to 300,000 for all of 2019 and 180,000 for all of 2017. South China Morning Post

London Mayor Calls for Rent Freeze

London’s Mayor Sadiq Khan will request new powers that will allow him to prevent any rent increases in the capital city for two years, warning that nearly half a million Londoners could face eviction due to economic hardships brought about by the coronavirus pandemic lockdown. “A rent freeze is only one part of a package of measures renters urgently need from government to ensure no one is forced out onto the streets as a result of this pandemic,” Mr. Khan said. Eviction proceedings, placed on hold due to the lockdown, are set to resume on Monday, with a backlog of suits brought by landlords already in the queue. The Guardian

Kid Rock’s Former Malibu, California, Home Lists for $14 Million

The Balinese-inspired Malibu compound that once belonged to rap-rock/country superstar Kid Rock has returned to the market, seeking $14 million. The property, which he purchased in 2006 for $11.6 million, had been sold by the musician in 2017 for $9.5 million after spending five years on-and-off the market with various price cuts. The seven-bedroom, seven-bathroom home features a swimming pool, a guesthouse and a covered pavilion with a built-in TV, a grill and a dining area. Los Angeles Times


Tom Steyer Asks $11 Million for Longtime San Francisco Home [The Wall Street Journal]

Lessons From Listings Photos: See the Power of Staging in This Pennsylvania Carriage House []

Matt Lauer Puts Palatial Hamptons Estate Back on Market for $43.99M [New York Post]

Where Prices Have Surged in the Past Three Months []

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