Global housing investment in the news Selected for you by MIPIMWorld. Investment by degrees: the growing market for university pads – FT.com From www.ft.com – Today, 3:18 PM The idea was to give the buyers’ daughter a place to live during her degree, while providing access to the Royal & Ancient Golf Club for the father. “But the parents got so carried away with the renovation it’s unlikely to be ready before she completes her studies,” he says. AFL-CIO investment firm to commit $1B to affordable housing From therealdeal.com – Today, 3:13 PM A housing investment firm tied to the AFL-CIO will announce this week a $1 billion commitment to financing 20,000 affordable housing units in the city over the next seven years, with all of the projects using union labor. Boris Johnson on how to solve the London housing crisis From therealdeal.com – Today, 3:02 PM The low supply and high demand in London’s crazy property market is a source of perpetual debate and annoyance to many living in the capital. Now, just over six months before he leaves the mayor’s office, Boris Johnson might have come up with a solution to the problem: go east. China Focus: Housing market continues to warm despite economic slowdown – Xinhua | English.news.cn From news.xinhuanet.com – Today, 3:17 PM China’s property sector, a major pillar for economic growth, continued to pick up thanks to favorable policies and a stock market rout, although GDP expansion dipped to a six-year low. America’s rental affordability crisis is about to go from bad to worse From theconversation.com – Today, 3:03 PM About a quarter of all renters are spending at least half of their income on housing, and the situation is projected to get much worse over the next decade. China housing investment MIPIM MIPIM 2016 real estate UK USA