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[fa icon="calendar'] Aug 19, 2019 @ 12:17 PM / by Morgan Grenier

Hong Kong skyline showing the Hong Kong Convention and Exhibition Centre and the Bank of China Tower. Photo courtesy of AIRINC Surveyor Yimkwan Tsang.

Protests in Hong Kong

Since June, Hong Kong has seen unprecedented protests, larger and more frequent than any in the country’s recent history. We have increased the hardship scoring of Hong Kong in response to the rise in political volatility.



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[fa icon="calendar'] Jul 03, 2019 @ 08:45 AM / by Morgan Grenier

London at night with urban Tower Bridge at center.

England's Tenant Fees Act

Initial costs of renting in England became less expensive last month as the Tenant Fees Act came into effect. While a ban to tenant fees has been discussed for a few years, the current legislation wasn’t finalized and passed until February. Scotland banned letting fees in 2012, and Wales is expected to pass a similar ban this fall.



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[fa icon="calendar'] Jun 21, 2019 @ 01:15 PM / by Morgan Grenier

Rush hour at an MTR station in Hong Kong. Photo courtesy of AIRINC Surveyor Yimkwan Tsang.

Protests in Hong Kong

In the last two weeks, Hong Kong has seen some of the largest protests in its history as citizens and residents have taken to the streets to protest a proposed extradition bill. Demonstrations have been centered around Admiralty and the surrounding areas of Central and Wan Chai.



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[fa icon="calendar'] Dec 14, 2018 @ 01:58 PM / by Gerald Abbey

Ankara, Turkey as seen during an AIRINC on-site cost of living survey.

Currency Bans in Turkish Real Estate Market

For many years, the expatriate rental market in Turkey has been dominated by leases signed and paid in USD or EUR. In September of this year, President Erdogan issued a decree stating that all leases in foreign currency must be converted to Turkish lira (TRY). This move was made to stem the sharp inflation that battered Turkey’s currency in 2018, resulting in a loss of over half its value at its worst point.



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[fa icon="calendar'] Aug 15, 2018 @ 04:01 PM / by Meleah Paull

The Tumult of the Turkish Lira

The Turkish lira has had a volatile year and an especially tumultuous past week. In July, the Central Bank of Turkey alarmed investors by keeping interest rates steady even as CPI annual inflation rose to double digits.



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[fa icon="calendar'] Oct 31, 2017 @ 03:11 PM / by Morgan Grenier

Qatar Diplomatic Crisis

More than a hundred days have passed since the beginning of the Qatar diplomatic crisis



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[fa icon="calendar'] Jun 13, 2017 @ 10:26 AM / by Morgan Grenier

In the week following the Saudi Arabia-led blockade against Qatar, the original five countries participating has expanded to nine. The blockade of Qatar has many components, including the closure of land borders and airspace as well as shipping ports in participating countries, the expulsion of Qatari citizens from participating countries, and a ban against Qatar Airways.



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[fa icon="calendar'] Apr 26, 2017 @ 10:04 AM / by Morgan Grenier

While the official exchange rate for Venezuelan Bolivares Fuertes is USD1.00=VEF10.00, the black market rate in Caracas on Friday, April 24th reached 4711.73 bolivars per USD, the highest in the country’s history, and a depreciation of 6.4% in the last week and 40.5% in the last month.



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