The US Federal reserve lowered its base rate to almost zero
The us regulator is taking measures to protect the economy from the effects of coronavirus. The us Federal reserve, which serves as the country's Central Bank, cut its benchmark interest…

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In Ireland, agents sell real estate online
Virtual views, live chats with brokers and electronic signature of documents are the new reality of the Irish real estate market, writes The Irish Times. Savills Ireland has launched a…

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Rental rates in Spain have increased by 50 % in five years
In some regions of the country, the growth of rental rates exceeded 60 %. Over the past five years, residential real estate rentals in Spain have risen in price by…

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turbulence

Luxembourg became the first country in the world with free public transport

Buses, trams and trains in the country are now free, and you don’t need to buy a ticket.

Luxembourg became the first country in the world to make public transport free. This is reported by the publication 5minutes with reference to the government.

Tickets are no longer required for trains, trams, and buses in Luxembourg. However, we recommend that you have your identity documents with you. Continue reading

Waiting for a recession: as the Russian ultrahindi saving money in real estate

The coronavirus pandemic, panic on world markets, quarantine, falling oil prices and the falling ruble have affected the real estate market.

The first to suffer were the hotel segment and retail-cafes, restaurants and shopping centers. Already, companies are cutting costs and staff; hotel operators are renegotiating with owners to reduce the price of rental contracts.

We assume that the first bankruptcy in the hotel segment will begin in two or three months. Continue reading

The UN has published a rating of the world's happiest countries
Russia lost to Tajikistan and Moldova in the world ranking of happy countries. The UN presented the annual global ranking of happy countries World Happiness Report. It assesses the level…

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Greece has become the world's strongest market for rising house prices
After nine years of falling house prices, the Greek market is growing strongly again thanks to measures to support it and improve economic conditions. The Greek property market was the…

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Russia has restricted air traffic to all countries of the world
Only regular flights from Moscow to the capitals or major cities of foreign countries are maintained. Here is a full list of current flights. Russia has restricted air traffic to…

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Knight Frank named the most prosperous cities in the world
International consulting company Knight Frank has prepared a report City Wellbeing Index 2020. Analysts measured the quality of life in 40 cities around the world. Knight Frank experts have developed…

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