Ways to Capitalize on a Weaker Rental Market

    Aug 25, 2021 @ 07:58 AM / by Natalie Tong

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    We have recently seen an increased level of interest from companies who are keen to find ways to capitalize on a softer rental market. Objectives vary greatly but identifying ways to manage program costs is an important priority for companies. After taxes, housing is one of the big-ticket items in any global mobility program.

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    Istanbul’s Rising Rents

    Aug 02, 2021 @ 01:30 PM / by Mona Zayed

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    Rents increased in Istanbul as demand for housing climbs and the value of the Turkish lira continues to slide against the U.S. dollar.

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    Marseille rental market crunch

    Jul 28, 2021 @ 01:46 PM / by Aaron Leal

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    Global Mobility is often challenged by local HR about the housing budgets in a given location. What do you do in this case? Do you consider HR’s input and potentially adjust the housing budgets accordingly, or do you maintain the housing budgets based on the data from your provider?

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    Phasing Out France’s Infamous Residence Tax

    Jul 23, 2021 @ 09:52 AM / by Tobi Howell

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    The end is close for France’s highly disfavored taxe d’habitation, or residence tax. The Macron administration announced in June 2021 that, by 2023, no household will pay this tax on its main residence.

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    U.S. real estate market and the impact on cost-of-living

    Jul 19, 2021 @ 12:38 PM / by Christopher Bloedel

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    Mark Twain famously said, “buy land, they’re not making it anymore”. This rings true today as it relates to the U.S. housing market. Various reasons – local market conditions, lack of supply, robust demand from homebuyers as they take advantage of historically low interest rates, etc. – have caused a surge in home prices.

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    Do you consider input from local HR when updating housing budgets?

    Jul 02, 2021 @ 05:18 AM / by Sandra De Bruyker

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    Global Mobility is often challenged by local HR about the housing budgets in a given location. What do you do in this case? Do you consider HR’s input and potentially adjust the housing budgets accordingly, or do you maintain the housing budgets based on the data from your provider?

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    Affordable Housing Permits in The Hague

    Feb 23, 2021 @ 03:35 PM / by Mona Zayed

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    The Hague’s rental market has been facing an affordable housing shortage over the past several years. During my research, local housing sources explained that the rental market is used primarily by expatriates and lower income individuals. Fewer expatriates are arriving now, and many existing tenants are extending their leases.

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    COVID-19’s impact on the Russian Rental Market: From Moscow to Irkutsk

    Feb 16, 2021 @ 09:01 AM / by Andrew Morollo

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    The rental market in Moscow was greatly affected by the onset of the COVID-19 crisis, which resulted in many expats leaving the city, while simultaneously the local population suffered from a sharp increase in unemployment. Many expensive properties were left vacant by the exodus of expatriates, with the local population generally unable to spend as much on rent.

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    Rents decrease in Hong Kong after Protests and COVID-19

    Feb 09, 2021 @ 05:15 AM / by Francois Wiedenmann

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    Rent in Hong Kong is notoriously among the highest in the world. In the face of a global pandemic preceded by a year of protests, rents have indeed dropped but remain high on a global scale. Price changes impacted upper-end housing the most, especially based on the area and neighborhood.

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    Economic slowdown and rental decreases in Bangkok

    Feb 02, 2021 @ 07:45 AM / by Francois Wiedenmann

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    Before COVID-19, Bangkok’s economy was flourishing with new real estate projects and infrastructure developments that improved Bangkok resident’s living conditions.

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