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☆ Return-to-office mandates are helping drive up housing prices in these 10 cities
▼ + stars: | 2024-09-21 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +4 min

Read previewThe rise of remote work freed many Americans from the daily commute to an office, empowering them to live wherever they choose. According to Realtor.com, San Jose leads the nation, with homes selling 6.2% above their asking prices. As a result, the demand for housing, combined with a perpetual housing shortage, has made the real-estate market exceptionally competitive. AdvertisementReturn-to-office policies from various companies could make the San Jose market even hotter, a local real-estate broker said. "The real-estate market will probably heat up even more as people move from far areas to be closer to work," Orosco said.

Persons: —, It's, Hannah Jones, Realtor.com, Lex Orosco, Orosco Organizations: Service, Business, Federal Reserve, Realtor.com, California Bay Area, PayPal, eBay, Adobe, Google Locations: West Coast, Texas, Florida, California, San Jose, San Francisco, Silicon Valley, Bay

☆ In Peru’s Andes, anger hardens as fast election hopes fade
▼ + stars: | 2023-02-07 | by ( Alexander Villegas | ) www.reuters.com time to read: +3 min

Congress has rejected multiple bills for early elections, a key demand by protesters, including shelving a proposal by President Dina Boluarte on Friday. It is the worst violence in Peru in two decades, and threatens to destabilize one of region's most reliable economies. Adelma Quispe, a protestor in the southern town of Ayavire, said protests would have calmed down if there had been an agreement on snap elections. Zamata, Quispe and others say they have collected money to send people to protest in Lima, but are dedicated to maintaining blockades in their towns. Throughout the region, protesters said they can survive on local crops and livestock, and outlast the capital until their demands are met.

☆ Latin American leftist bloc closes ranks behind deposed Peruvian president
▼ + stars: | 2022-12-15 | by ( ) www.reuters.com time to read: +2 min

[1/2] Demonstrators gather as the government announced a nationwide state of emergency, following a week of protests sparked by the ousting of former President Pedro Castillo, in Cuzco, Peru December 14, 2022. REUTERS/Alejandra OroscoHAVANA, Dec 15 (Reuters) - A bloc of left-wing countries meeting in Havana on Wednesday closed ranks in support of the ousted former president of Peru, Pedro Castillo, amid protests and roadblocks in the South American nation that have left at least eight dead. Castillo's former vice president Dina Boluarte was sworn into office after his removal. On Monday, the governments of Mexico, Bolivia, Colombia and Argentina called for the protection of Castillo's human and judicial rights. Reporting by Marc Frank; additional reporting by Nelson Acosta; Editing by Chizu NomiyamaOur Standards: The Thomson Reuters Trust Principles.

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