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☆ Dubai penthouse sells for record $136 million
▼ + stars: | 2023-12-05 | by ( Jacopo Prisco | ) edition.cnn.com time to read: +6 min

CNN —A five-bedroom penthouse covering almost 22,000 square feet has sold in Dubai for 500 million UAE dirhams — just over $136 million — setting a new record for one of the world’s busiest luxury real estate markets. Record salesThe previous record for a penthouse sale in Dubai dates back just a few months, when an apartment occupying the top floor of the Marsa Al Arab Hotel sold for 420 million UAE dirhams (about $114 million). According to Provident Estate, the penthouse at Como Residences is the third most expensive in the world, after Penthouse D at One Hyde Park in London, priced at $237 million, and the Odeon Tower Penthouse in Monaco, priced at $440 million. Shutterstock Palm Jumeirah also boasts the first monorail in the Middle East, which opened in April 2009, and connects the Palm to Dubai's mainland. But when it comes to the asking price for a penthouse, the view is one of the key drivers.

Persons: CNN —, Nahkeel, Karim Sahib, Giuseppe Cacace, Shutterstock, Kamran Jebreili, ”, Chris Boswell, he’s, ” Boswell, “, it’s Organizations: CNN, UAE dirhams —, Jumeirah, Provident Estate, Marsa Al Arab, UAE, Como Residences, Penthouse, Dubai Marina, Getty, Burj Locations: Dubai, Como, Marsa, Hyde, London, Monaco, Burj Al Arab, Burj, Eastern Europe, Dubai's, Nakheel, AFP, Karim, Burj Al, United States, Italy, France

REUTERS/Russell Cheyne/File Photo Acquire Licensing RightsSummaryCompanies Saudi Arabia's PIF buys into Rocco Forte hotel groupPlans to help expand luxury hotel groupItalian investor CDPE checks out of chainDec 4 (Reuters) - Saudi Arabia's PIF sovereign wealth fund will buy a 49% stake in luxury hotel group Rocco Forte Hotels and help to support its expansion, the owner of Britain's Balmoral hotel said on Monday. A spokesperson for Rocco Forte Hotels declined to confirm the size of PIF's stake. Rocco Forte Hotels, founded in 1996, operates across Italy, Britain, Germany, Belgium and Russia and has 20 private villas in addition to its hotels. CDPE, which owned a 23% stake in Rocco Forte Hotels, is owned by Italy's state-backed fund CDP. Rocco Forte, which was advised by Rothschild, reported revenues of around 300 million pounds last fiscal year, with a core profit of around 60 million pounds, according to a source.

Persons: Russell Cheyne, Companies Saudi Arabia's PIF, Rocco Forte, CDPE, Olga Polizzi, Forte, Rocco Forte Hotels, Al Nowaiser, PIF, Rothschild, Yadarisa, Elisa Anzolin, Keith Weir, Dhanya Ann Thoppil, Nivedita Bhattacharjee, Alex Richardson Organizations: REUTERS, Companies Saudi Arabia's, Saudi Arabia's, Rocco Forte Hotels, Financial Times, Granada, Thomson Locations: Balmoral, Scotland, Edinburgh, Britain, Saudi, Italy, Germany, Belgium, Russia, Milan, Sardinia, Italy's, SAUDI ARABIA, Saudi Arabia, Bengaluru, London

TVs typically come with wimpy built-in speakers, so these Cyber Monday soundbar deals can help you upgrade your audio setup without breaking the bank. Indeed, our pick for the best soundbar overall, the Yamaha YAS-209 is down to the lowest price we've ever seen for it. These Cyber Monday soundbar deals should last through the end of the day, but will likely expire at midnight. Best Cyber Monday deals on soundbars right nowDo soundbars offer better audio quality than your TV's built-in speakers? Generally, we recommend upgrading to a soundbar or full-fledged home theater system to get the best audio experience.

Persons: wimpy, We're Organizations: Yamaha YAS, Sony

Tech discounts feature prominently among the best Cyber Monday deals and include stellar sales on headphones and earbuds. There are several different types of headphones and earbuds, but we're focusing on wireless noise-canceling headphones, wireless earbuds, with a sprinkling of gaming headsets. Best Cyber Monday deals on headphonesBeats Solo3 $99.95 $199.95 Save 50% The Solo3 headphones are perfect for commuting, studying, the gym, or zoning out during family road trips. The Galaxy Buds 2 are a great choice for Android users seeking a solid pair of mid-range buds. Best Cyber Monday deals on gaming headphones

Persons: it's Organizations: AirPods, earbuds Samsung, pricier Sony

We're seeing tons of great deals on gaming gear, including solid-state drives (SSDs) that can be used to expand your PS5's storage capacity. One of the best Cyber Monday PS5 SSD deals you can grab right now is $100 off the WD Black SN850X with 1TB of storage. If you're shopping for extra PS5 storage, we recommend picking up this deal while it's still kicking. For more M.2 SSD options, be sure to check out our guide to the best SSDs for PS5. You can also find more of the holiday's best deals in our guide to the best Cyber Monday deals.

Persons: — it's, it's Organizations: Sony, Western

Though Apple's store only has a gift card promotion right now, several other retailers are offering much better Cyber Monday iPhone deals. The best Cyber Monday Apple iPhone deals come straight through carriers like AT&T and Verizon. It's worth noting that most Cyber Monday Apple iPhone deals aren't just a straight discount on the iPhone itself. To help, we've rounded up the best Cyber Monday iPhone deals below, as well as the stipulations some of them require. The best Cyber Monday Apple iPhone dealsSome Cyber Monday trade-in deals lead to huge discounts on iPhones, and many let you get an iPhone entirely for free.

Organizations: Verizon, Apple

Learn moreBlack Friday is going strong with tons of great deals on gaming gear, including solid state drives (SSDs) that are perfect for expanding your PS5 console's storage. One of the best Black Friday PS5 SSD deals right now is on the WD Black SN850X with 1TB of storage. The WD Black SN850X more than doubles the PS5's built-in storage, and it exceeds the required speeds needed to play PS5 games. It comes with a heatsink as well, which Sony recommends for all PS5 drives. If you're looking for more M.2 SSD options, check out our guide to the best SSDs for PS5.

Organizations: Sony

☆ TCL TV Black Friday deal: This huge 98-inch 4K display is an incredible $2,500 off
▼ + stars: | 2023-11-24 | by ( Antonio Villas-Boas | Steven Cohen | ) www.businessinsider.com time to read: +1 min

Learn moreBlack Friday sales are known for superb TV deals, and this year is no different. That brings it down to $2,500, which is an excellent deal for a TV this gigantic. TCL's S5 is one of the company's entry-level 4K HDR TV models. Plus, it includes a few premium features, like Dolby Vision IQ, which detects your room's ambient brightness and adjusts the HDR picture automatically. But if you're looking for more sizes to choose from, you can find more Black Friday TV deals in our full roundup, and be sure to visit our Black Friday deals hub for more product recommendations.

Persons: you've Organizations: Google, Dolby

Right now, you can snag excellent Black Friday hard drive deals, and I've scoured through all of the discounts to find three models that I think are especially worth the money. With that in mind, the three best Black Friday hard drive deals I'm recommending include some of the fastest and most modern solid state drives (SSDs) you can buy. Best Black Friday deals on hard drives todayDoes my hard drive need a heatsink? All three of the hard drives I recommend come with heatsinks to help cool them during heavy use. Which brand hard drive should you buy?

Persons: heatsinks Organizations: Samsung, Sony

☆ Black Friday Apple iPhone deals: Get a free iPhone 15 model with trade-in
▼ + stars: | 2023-11-24 | by ( Antonio Villas-Boas | John Lynch | ) www.businessinsider.com time to read: +2 min

However, that doesn't stop other retailers from having their own Black Friday Apple iPhone deals. The best Black Friday Apple iPhone deals come from carriers like Verizon and AT&T. Black Friday Apple iPhone deals from any retailers, including carriers, aren't typically a straightforward discount on an iPhone. The best Black Friday Apple iPhone dealsThe reward of going through one of these hurdles can easily be worth it. The free Apple Watch and iPad is incredibly generous, but the data plan requirement for each is a catch to consider.

Organizations: Apple, Verizon, AT, T, Apple Watch

☆ An Italian ski resort shut down by climate change plans to reopen with artificial snow. Not everyone is happy
▼ + stars: | 2023-11-18 | by ( Barbie Latza Nadeau | ) edition.cnn.com time to read: +8 min

Now, plans to build a multi-million-dollar ski facility on a snowless northern Italian mountain may prove equally challenging. The Lake Como town of Bellagio is among communities backing the reopening of ski facilities. Old turnstiles, ski lift pillars, and even a map of now-vanished pistes can still be found on the mountain. Snow could become even more scarce in the future as the impacts of the climate crisis accelerate. The first plans for the Monte San Primo ski area were passed and the money pledged in early 2022.

Persons: Matteo Colombo, ”, Roberto Fumagalli, Fumagalli, doesn’t, Monte, George Clooney “ We’ve, George Clooney, “, hasn’t, ” Fumagalli, Snow, Roberto Fumagalli ‘, Angelo Barindelli, Alessandro Fermo, It’s, won’t Organizations: CNN, Getty, World Wildlife Fund, Italian Alpine, Alamy, Hollywood, Protesters, Lombardy Regional Council, Facebook, Monte Locations: Messina, Venice, San, Lake Como, Bellagio, Monte San, Mauritius, Cardiff, Bristol, Italy, Ethiopia, of Africa, Lombardy, Monte San Primo

Hamas has repeatedly denied that its fighters hide under hospitals, as have Gazan health officials and hospital directors. Zarquot said “the tunnel they claim to be a Hamas tunnel is actually an electrical wire assembly point. The World Health Organization has recorded at least 137 attacks on health facilities in Gaza, which it said resulted in 521 deaths and 686 injuries. Intense hostilities surrounding several hospitals in northern Gaza are preventing safe access for health staff, the injured, and other patients” the statement reads. Israel has alleged a Hamas center is hidden in the basement there, a claim which the hospital staff and Hamas have denied.

Persons: Rantisi, Daniel Hagari, Mohammed Zarqout, Al Rantisi, –, Zarqout, Nasser, Hagari, “, ” Hagari, Zarquot, Fadel Senna, ’, Rantissi Naser, Shifa, Israel, Munir Al, ” Al, Burish Organizations: CNN, IDF, Gaza CNN, Israel Defense Forces, DNA, Hamas, World Health, United Nations, United Nations Relief, Works Agency, Palestine Refugee, Getty, UNFPA, UNICEF, World Health Organization, Shifa, Al, Hospital, Health Ministry Locations: Gaza, Al, Israel, AFP, Quds

☆ Campi Flegrei: Next door to Vesuvius, another Italian volcano is waking up
▼ + stars: | 2023-11-09 | by ( Barbie Nadeau | ) edition.cnn.com time to read: +13 min

The most dangerous volcanic threat in Italy right now is one you’ve probably never heard of: Campi Flegrei, or the Phlegraean Fields. The last major eruption of Campi Flegrei was in 1538, and it created a new mountain in the bay. So far in 2023 Campi Flegrei has recorded more than 3,450 earthquakes, 1,118 of which occurred in August alone. There are two hypotheses as to what could be causing the current increase in seismic activity at Campi Flegrei, according to De Natale. Vesuvius and the Campi Flegrei area.

Persons: Rome CNN —, Campi, Flegrei, Campi Flegrei, Carlo Doglioni, ”, ” Doglioni, What’s, Giuseppe De Natale, De Natale, ” De Natale, Ivan Romano, Benedetto De Vivo, ” De Vivo, Rosa Russo Iervolino, Luigi di Magistris, of Serapis, bradyseism, Christopher Kilburn, “, Stefano Carlino, ” Carlino, Salvatore Laporta, Natale, ” Natale Organizations: Rome CNN, National, of Geophysics, University of Naples, CNN, Geological Survey, Environment, volcanology, University College London Locations: Rome, Italy, Naples, Capri, Ischia, Pisciarelli, Vesuvius, Yellowstone, Long, California, Toba, Indonesia, Roman, Pozzuoli, Campi, L’Aquila, vulcanology

Political Cartoons View All 1211 ImagesMcArdle said he was asked to figure out what the property would be worth if the Trump Organization built 71 high-end townhomes there, and he got substantial input from Eric Trump. McArdle said Thursday that Eric Trump may have had a “more lofty value" in mind, but a higher number wouldn't have been credible. Trump's financial statements went on to list the golf course at values sometimes topping $100 million, according to James' lawsuit. Both Eric and Donald Trump have attended some parts of the trial but weren't there Thursday. Earlier in the trial, retired Deutsche Bank official Nicholas Haigh testified that Trump’s financial statements were key to approvals for hundreds of millions of dollars in loans in 2011 and 2012.

Persons: Donald Trump's, Eric, Letitia James, Trump, Eric Trump, David McArdle, McArdle, “ Eric, ” McArdle, wasn't, ”, didn't, James, Donald Trump, Jack Weisselberg, Allen Weisselberg, Trump's, Weisselberg, Nicholas Haigh, Haigh, Judge Arthur Engoron, Michael R Organizations: New York, Republican, Trump Organization, Trump National Golf, Trump, Deutsche Bank, Associated Press Locations: New York, New, Westchester County, Briarcliff Manor , New York, Wakefield, Sisak

That's why I'm spending Prime Day looking out for the gaming deals that are actually worth your money. I've been scouring Amazon Prime Big Deal Day's kitchen section to find Prime Day deals on kitchen items. Displays can vary a lot in performance, so figuring out which Prime Day deals on TVs are worth your money can be tricky. Some of the best Prime Day deals on printers include the Brother MFC-J1010DW, a budget multi-function unit that's less than $80. I'm also loving the Prime Day deals on Rivet furniture (read our Rivet review), including 15% off a leather sectional.

Persons: we've, I've, Zelda, I'm, — William Antonelli, that's, — Gabrielle Chase, Lily Alig, — Steven Cohen, Apple, There's, — John Lynch, Amazon Steven Cohen, James, — James Brains, Sam Crozier, — Sally Kaplan, Lash, haircare, — Kevin Webb, Les Shu, — Lauren Savoie, Anker, soundbar, wimpy, — Lisa Sabatini, Amazon Emma Kershaw, Sarah Saril, Rick Stella Organizations: Amazon Amazon, Hispanic Heritage, Amazon Antonio, Boas, Buyers, Sony WH, Amazon Apple, Apple Watches, Amazon, Samsung, Amazon The, Casper, Samsung's, Facebook, Amazon Dyson, Deal, Nvidia, Gaming, MFC, HP, Samsung Watch, Garmin, Apple, Amazon Amazon Prime, Kindle Locations: Western

Ambulances, yellow cabs and cars scream up to the entrance of Al Shifa Hospital in Gaza in a nonstop convoy, rushing in both broken and lifeless bodies. Inside, hospital staff scramble to treat the wounded who are crammed into corridors that are also filled with people who fled their homes and are seeking refuge. Al Shifa Hospital is the Gaza Strip’s largest medical complex. Many of the limestone villas and high-rise buildings surrounding the hospital in its affluent Gaza City neighborhood of Al Rimal have been reduced to piles of rubble and concrete. The Israeli Army claims that the neighborhood is a financial hub for Hamas, making it a target of airstrikes.

Persons: Israel —, Al Rimal Organizations: Al Shifa Hospital, Israeli Army Locations: Al Shifa, Gaza, Israel, Gaza City, Al

☆ Why France’s Cote d’Azur is one of the world’s best coastlines
▼ + stars: | 2023-10-11 | by ( Richard Quest | Joe Minihane | ) edition.cnn.com time to read: +9 min

This is the Côte d’Azur, the grand dame destination for European vacations. And no one artist is as synonymous with the Côte d’Azur as Henri Matisse. And it’s also one of the raw ingredients for another quintessentially Côte d’Azur product: Perfume. At Fragonard, they can also help you create your own personalized scent, something to remember the Côte d’Azur by. The Côte d’Azur is a spectacular place, somewhere that taps into a sense of elegance and retains a charm and beauty that is redolent of years gone by.

Persons: CNN —, bonne, St Tropez, Romulo Yanes, Condé Nast, Vanessa Massé, Massé, ”, it’s, Fleur de Courgette, Saint Paul de Vence, Gabrielle Therin, Henri Matisse, “, Florence Tournier, Matisse, Picasso, Renoir, Monet, Chagall, Tournier, Pierre Longnus, Jean, Pierre Jaubert, Lavender, Jaubert, gesturing, Jessica Buchanan, Bénédicte, Karina Hidalgo, Hidalgo, Buchanan Organizations: CNN, St, Michelin, Getty, Mediterranee, Bank Locations: Cassis, Menton, France, Antibes, Cannes, Nice, Monaco, Provence, Saint, Paris, “, Aix, Grasse, Fragonard

☆ Ancient Roman site of Pompeii is about to ‘expand’
▼ + stars: | 2023-10-09 | by ( Julia Buckley | ) edition.cnn.com time to read: +4 min

So with ever more tourists cramming onto the site, the team behind the archaeological park of Pompeii have found a plan B – dispersing visitors around ancient sites that are further afield, with all-in-one tickets and shuttles laid on between the sites. A shuttle service around the sites – the Pompeii Artebus – was piloted in 2021. The ancient city was the most visited heritage site in Italy on the last “Domenica al Museo” – state-run heritage sites have free entry on the first Sunday of the month. Tickets for the ‘scattered’ site will be valid for three days, with free shuttles connecting all the sites. The Villa dei Misteri at Pompeii will also get new lighting which will better replicate the original lighting in the villa.

Persons: we’ll, Stanley Tucci, Torre Annunziata, Gennaro Sangiuliano, Nero, Poppaea Sabina, Villa Arianna, Villa, Villa Poppaea, Poppaea, Libero, Sangiuliano Organizations: CNN, intel, Villa San Marco, Castellammare, Villa Regina, European Union, Major, Museo Locations: Boscoreale, Torre, Oplontis, Stabiae, Rome, Italy, –, It’ll, Civita, Castellamare

An Israeli security source acknowledged Israel's security services were duped by Hamas. As a consequence, the source close to Hamas said, a crucial part of the plan was to avoid leaks. When the day came, the operation was divided into four parts, the Hamas source said, describing the various elements. The final part involved moving hostages to Gaza, mostly achieved early in the attack, the source close to Hamas said. the Israeli security source said.

Persons: Israel, Nir, Osama Hamdan, wasn't, Mahmoud Abbas, Yahya Al, Yaakov Amidror, Benjamin Netanyahu, Amidror, Samia Nakhoul, Jonathan Saul, William Maclean, Edmund Blair Organizations: Hamas, Reuters, Israeli Defence Forces, RAN, Israel, West Bank, Jihad, Fatah, National Security Council, Jerusalem Institute for Strategy, Security, Thomson Locations: Palestinian, Israel, Egypt, Syria, Gaza, Lebanon, Saudi Arabia, Re'im, Dubai, London

☆ Parts of West Maui to reopen to tourists on Sunday
▼ + stars: | 2023-10-06 | by ( Forrest Brown | ) edition.cnn.com time to read: +2 min

CNN —Parts of West Maui are still on track to begin a phased reopening to tourists starting Sunday, October 8 – but the action comes with some controversy. ET Friday, the phased reopening was still on schedule according to the Hawai‘i Visitors & Convention Bureau and the office of Maui County Mayor Richard Bissen. Here’s where things stand for the tourism-reliant island heading into the weekend:What’s opening on MauiAreas of West Maui – including Nāpili, Kāʻanapali, Honokōwai and Kapalua – are part of the reopening, according the Hawai‘i Visitors & Convention Bureau. “We advise travelers to check with the individual accommodations in West Maui for their reopening plans,” the Visitors Bureau said. Also, other Hawaiian islands – Kaua‘i, O‘ahu, Lānaʻi, and Hawai‘i Island – have been welcoming visitors all along.

Persons: Josh Green, Richard Bissen, Carlton Maui, Kahana Villa Organizations: CNN, Hawaii Gov, Hawai‘i Visitors, Convention Bureau, Visitors, Convention, Ritz, Carlton, Kahana, Hyatt, Visitors Bureau, Bureau Locations: West Maui, Lahaina, Maui County, Maui, Kapalua, Mahinahina, Royal Lahaina, ”, “ County

☆ Why you should consider getting the cheaper iPhone 14 and not the iPhone 15 if you're upgrading
▼ + stars: | 2023-09-26 | by ( Tom Carter | ) www.businessinsider.com time to read: +4 min

The new iPhone 15 might appeal to anyone who is upgrading from a model that dates from 2020 or earlier, such as the iPhone 12. Unless you're a hardcore iPhone fan, it's probably fine to go for the cheaper iPhone 14 if you're upgrading. AdvertisementAdvertisementThe iPhone 14 will feel like a big upgrade anywayApple's iPhone 14 Pro model. As the iPhone 15 hits shelves around the world, prices for last year's iPhone 14 — which Insider reviewed strongly — start at $699, $100 cheaper than the basic version of the latest model. AdvertisementAdvertisement"Ultimately the differences between the iPhone 14 and iPhone 15 aren't enormous.

Persons: —, Ben Woods, Antonio Villas, Max, Mario Tama, Pro Max, Tim Cook, Justin Sullivan, Woods Organizations: Service, Apple, CCS Insight, Boas, European Union, Getty, Pro Locations: European

☆ Why you should be traveling to Europe in fall, not summer
▼ + stars: | 2023-09-25 | by ( Terry Ward | ) edition.cnn.com time to read: +9 min

And now it’s fall, when the continent really comes into its own as the leaves – and visitor numbers – start to drop. A recent report from luxury travel network Virtuoso named Paris, London and Florence as the most booked cities for fall travel. “Fall is one of the best times to visit Europe because of the vast variety of interests [the season] can cater to,” says Mina Agnos, president of luxury travel company Travelive. If you’re ready for a different take on Europe this fall, we’ve got ideas. Fall also means it’s harvest time in Rebland – an area southwest of Baden-Baden famous for its Riesling.

Persons: ”, Mina Agnos, foodies, Brian Young, we’ve, Sérgio Duarte, Octant, Val, Culinarium Urtijei, Christopher Hill, Holger Leue, it’s, Jack Ezon, Samantha Pearson, Notte Bianca, Valery Bareta, Belle, Caracalla Organizations: CNN, EMEA, G, Gran Canaria, UNESCO, ADLER, Mallorca Locations: Europe, Paris, London, Florence, Spain, Portugal, Turkey, Croatia, Greece, Sicily, Slovenia, Gibraltar, Tenerife, Ibiza, Mallorca, Gran, Alentejo, Douro, Val Gardena, Dolomites, Italy, Northern Italy, South, Ortisei, Romania, Brasov, Baia Mare, Saxon, Moșna, Mallorcan, Pollença, Palma . Thessaloniki, Thermaic, Santorini, Greece’s, Balkans, Mount Olympus, Thessaloniki, Malta Malta, Malta, Gozo, Comino, Valletta, Madeira, Morocco, Terrabona, Funchal, Savoy, Baden, Germany Baden, Black, Friedrichsbad

☆ China's 1.4 billion population isn't enough to fill the country's empty homes, former official says
▼ + stars: | 2023-09-24 | by ( Marta Biino | ) www.businessinsider.com time to read: +3 min

A former Chinese official said the country's entire population couldn't fill its empty homes. He Keng said China's 1.4 billion population was likely insufficient to fill all its vacant houses. AdvertisementAdvertisementChina has long relied on real-estate development as a safe investment to bolster economic growth. Today, farmers have taken over the ghost town, plowing the land and letting cattle roam free around the empty mansions. But by 2016, its population was only around 100,000, and it has been described as "the largest ghost town in the world."

Persons: Keng, Evergrande, that's, Li Gan, Shenyang . Jade Gao Organizations: Service, Reuters, China News Service, Texas, M University, Greenland Group, Getty, Nikkei Locations: China, Wall, Silicon, France, City's, Shenyang, Shenyang ., AFP, Mongolia, Inner Mongolia, Ordos, Nikkei Asia

Learn moreWhen the Apple Watch Series 9 released in September 2023, it immediately supplanted the Series 8 in Apple's lineup as the company's flagship. Lowest Price Apple Watch Series 8 (41mm, GPS) The Apple Watch Series 8 features a temperature sensor, car crash detection, and low-power mode that weren't available to previous generations of the smartwatch. Both watches are also compatible with a variety of the best Apple Watch bands and the best Apple Watch Series 9 bands. AdvertisementAdvertisementApple Watch Series 9 vs. Series 8: Smartwatch featuresThe Series 9 and Series 8 are also nearly identical in terms of smartwatch functionality. AdvertisementAdvertisementApple Watch Series 9 vs. Series 8: PriceThe Apple Watch Series 9 is available for purchase starting at $399 for the aluminum body model and $699 for the stainless steel option.

Persons: that's, Siri, Rick Stella, Antonio Villas, it's, isn't Organizations: Apple, July's, Apple Health, Health, Boas

☆ 'Thrown to the wolves': How private investors are jacking up rents and ripping off college students
▼ + stars: | 2023-09-20 | by ( James Rodriguez | ) www.businessinsider.com time to read: +19 min

The eye-popping numbers are part of a longer-term shift toward private college housing. Moody's Analytics recently warned of an "affordability crisis" for college students, noting that since 2019, rents for student housing in a sample of notable college towns had grown faster than those of regular apartments. Student housing goes privateThe gold rush in student housing is a relatively new phenomenon. Back in the 1980s and '90s, most college students either lived in bland, cinder-block-walled dorms or in conventional apartments farther from campus. Even with his frugality, he came to realize that the prices in West Campus were "impossible to rationalize" for a college student.

Persons: behemoth Blackstone, Evan Scope, UT Austin who's, Carl Whitaker, Austin Kristian Alveo, Whitaker, Mark Austin, Kristian Alveo, David Willson, Willson, Gina Cowart, Cowart, David Kanne, lounging, Ann, Kanne, Lu Chen, RealPage, Donald Cohen, Cohen, Graham Sowden, Dan Allen, Allen, Austin, James Rodriguez Organizations: Waterloo, University of Texas, Wall Street's, American, Communities, National, Housing, Evan Scope Crafts, UT Austin, University, UT, LV, UTs, Crafts, American Campus, HBO, West, haven't, State College ,, Moody's, Power, Middlebury College, University of Tennessee, Arizona State University, Urban Institute, Investors, Power Five, RREAF Holdings Locations: Austin, Wall, Waterloo, UT Austin, Rio, Villas, West, West Campus, Gainesville , Florida, Ann Arbor , Michigan, State College , Pennsylvania, Knoxville, South

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