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One 2017 NBER study argued that real estate investors (i.e., those owning 2+ homes) were more to blame for the crisis than subprime borrowers: "The rise in mortgage defaults during the crisis was concentrated in the middle of the credit score distribution, and mostly attributable to real estate investors" and that "credit growth between 2001 ...
The definition of affordable housing may change depending on the country and context. For example, in Australia, the National Affordable Housing Summit Group developed their definition of affordable housing as housing that is "...reasonably adequate in standard and location for lower or middle income households and does not cost so much that a household is unlikely to be able to meet other ...
Italy is one of the world's largest producers of renewable energy. [173] Italy consumed about 185 Mtoe of primary energy in 2010. [174] This came mostly from fossil fuels. Among the most used resources are petroleum (mostly used for the transport sector), natural gas (used for electric energy production and heating), coal and renewables.
Headquartered in Knoxville, Tennessee, United States, it is the largest maker of such craft in the world. Net sales were US$ 1.7 billion in 2008, [ 2 ] and US$ 1.0 billion in 2012. [ 1 ]
Specific performance is an equitable remedy in the law of contract, in which a court issues an order requiring a party to perform a specific act, such as to complete performance of a contract. [1] It is typically available in the sale of land law , but otherwise is not generally available if damages are an appropriate alternative.
Real-estate experts estimated that a buyer would have to spend hundreds of thousands of dollars to renovate each room, overcoming tenant opposition and restrictions posed by the hotel's city-landmark status. [215] Stanley Bard's son David made a bid to buy the Chelsea, [143] as did developer Aby Rosen [216] and hoteliers Ian Schrager and André ...
Cookeville is the county seat and largest city of Putnam County, Tennessee, United States.As of the 2020 United States census, its population was reported to be 34,842. [10]