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Chinese buyers keeping apartments empty 'an urban myth'

After a UBS housing report pointed to as many as one in four homes owned offshore by mainland Chinese buyers being kept empty, and a further quarter used on a "temporary" basis, experts have been quick to say the results do not apply to Australian real estate . Among the naysayers is Jane Lu, head of Australia for Chinese international property site Juwai . She said there was "no hard data" and called the idea of vacant apartments held by offshore buyers as an "urban myth". "Most Chinese buyers of inner- city apartments are not so wealthy that they can afford to leave their property vacant ??? rather than renting it and earning some sort of income. There are some who do not live there full-time, because it is their second home. " Chinese investors are no more likely to turn down easy rent money than are Australians ... Australian second-home owners probably have more vacant properties in Ballina and Byron Bay than Chinese investors do...

The Army Captain Trying to Prove the U.S. Has Lost the War in Afghanistan

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Aug 16, 2017 The first time Captain Noorullah Aminyar traveled to the United States, in 2012, he felt calm and peaceful in a way he never had before. Back home in Afghanistan, he had slept fully clothed , boots on, hand on his rifle. The Taliban attacked every night, and he had to be ready. "But when I come to America," he told me, "I have no stress in America. I sleep good. I tell you, I have no stress. It was really easy. It was a good thing. You feel safe. I was born in the war. I grew up in the war. Always, your life is in danger. You find a little safe time, for sure you'll be happy." Advertisement - Continue Reading Below Advertisement - Continue Reading Below For Aminyar, then twenty-eight, coming to America was an honor and an achievement. He attended the prestigious Defense Language Institute in San Antonio, the culmination of more than a decade of studying English, followed by a basic infantry officer 's course at Fort Benning, Georgia, with Ame...

Man charged with several felonies after standoff in north Columbia - News - Columbia Daily Tribune

Megan Favignano @MFavignano Columbia Police arrested Christopher Latrell Moore , 35, of Columbia after a standoff Sunday evening in north Columbia . Moore was a suspect in an assault with a gun that happened early Sunday morning in the city. Columbia Police Department spokeswoman Bryana Larimer confirmed Moore 's name late Sunday night in a news release. The release also said Moore was arrested on the following felony charges: Two counts of rape in the first degree; two counts of sodomy in the first degree; armed criminal action ; burglary; failure to register with a bond of $5,000; tampering with physical evidence; unlawful possession of a concealable firearm and misdemeanor domestic assault . Larimer said Moore allegedly broke into a home while armed with a gun at 3:52 a.m. Sunday on the 200 block of Old 63 North in Columbia. A female was injured during that incident. Larimer said it was not a shooting. She did not yet have specific details regarding the victim’s injurie...

We love New York business. Here are 25 reasons why

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1. If you can make it here… New York has long been the ultimate testing ground for businesses. But the city’s population density also makes it an important laboratory for startups, especially in today’s on-demand economy. Food- delivery pioneer Seamless survived the dot-com crash, paving the way for the arrival of meal-kit services such as Blue Apron and Plated a decade later. Related View this story in its original print layout Density has also been instrumental to the growth of ride-hailing and car-sharing companies. Most of them, including Uber and Lyft first gained their footing in smaller cities, then made New York their biggest market. Via, the on-demand ride-pooling service, launched here in 2013, is the exception: Its founders chose New York, figuring riders packed together on subways and buses wouldn’t need much persuading to share a car with strangers, especially when it cost just $5. article continues below advertisement App- based transportation startups have flocked t...