Did You Know?
▷ Homes & Living
Housing stability plays a profound role in shaping children's mental health, educational success, and long-term economic outcomes. Children who grow up in stable homes are more likely to experience lower rates of anxiety and depression,
better emotional regulation, and stronger social development. Studies show that housing insecurity—such as frequent moves, evictions, or overcrowding—can lead to postponed medical care, increased emergency room visits, and higher risks
of developmental delays and chronic illness. From an economic perspective, children raised in stable housing environments tend to earn more as adults, especially those who spend more years in subsidized housing or live in neighborhoods
with high occupational prestige. Housing instability also increases the likelihood of child welfare involvement, delays in family reunification, and long-term psychological stress. In short, investing in safe, stable housing is not just
a social good—it’s a powerful tool for promoting lifelong health, academic achievement, and economic mobility.
Research consistently shows that children of homeowners tend to perform better academically than children of renters. According to a study by the Harvard Joint Center for Housing Studies, children in owner-occupied homes achieve
math scores up to 9% higher, reading scores up to 7% higher, and show up to 3% fewer behavioral problems compared to their peers in rental housing. These benefits stem from factors like a more stable home environment, better housing
conditions, and reduced residential mobility—all of which contribute to improved cognitive development and school performance.
As of 2025, some of the most luxurious homes on the market include The Holme in London, listed at $314 million, a historic 19th-century mansion with over 40 rooms and views of Regent’s Park;
Villa Leopolda on the French Riviera, priced at $750 million, featuring 50 acres, royal heritage, and a helipad; Antilia in Mumbai, valued at $2 billion, a 27-story skyscraper with 3 helipads,
a 168-car garage, an ice room, and a staff of 600; and The One in Bel Air, Los Angeles, originally listed at $500 million, boasting 105,000 square feet, 21 bedrooms, 5 pools, and a nightclub.
Other standout listings include the $330 million Odeon Tower Penthouse in Monaco with five floors and a private infinity pool with a water slide; Villa Del Amor in Bel Air at $115 million,
featuring Moroccan design, a private chapel, and a 130-step outdoor staircase; the $131.5 million Armani Beach Residences Penthouse in Dubai, designed by Tadao Ando with 43,830 square feet,
an infinity pool, and a movie theater; the $105 million penthouse at 432 Park Avenue in New York City with designer furnishings and Central Park views; Sand Castle Estate in La Jolla, California,
listed at $108 million, offering oceanfront access, a yacht-inspired bar, and a beachfront “boat bar”; and the Bodrum Hilltop Mansion in Turkey, priced around $110 million, with 22 bedrooms,
indoor and outdoor pools, spa facilities, and solar-powered features.
The Vanderbilt family, once the wealthiest dynasty in America, rose to prominence during the Gilded Age through the shipping and railroad empire built by Cornelius Vanderbilt. His descendants, particularly George
Washington Vanderbilt II, expanded the family’s legacy into architecture and philanthropy, most notably with the construction of the Biltmore Estate in Asheville, North Carolina—the largest privately owned home in the U.S.,
spanning 178,926 square feet. Designed by Richard Morris Hunt and landscaped by Frederick Law Olmsted, Biltmore was inspired by European châteaux and remains a symbol of American opulence3. While European estates like
Versailles or Waddesdon Manor may surpass Biltmore in historical depth and artistic refinement, Biltmore holds its own in scale, technological innovation, and preservation. Today, the estate is still owned and operated
by Vanderbilt descendants through The Biltmore Company, with the fourth and fifth generations actively involved.
The largest house in America is the Biltmore Estate, located in Asheville, North Carolina, and it is still owned by the descendants of George Washington Vanderbilt II, who originally built it in the late 19th century.
The mansion spans an astonishing 178,926 square feet, making it the biggest privately owned home in the U.S.. Designed in the Châteauesque style, the estate includes 250 rooms, extensive gardens, a winery, and is now a
major tourist attraction operated by The Biltmore Company, which is managed by the Vanderbilt family.
“The One,” a 105,000-square-foot Bel-Air mega-mansion originally listed for $500 million and later reduced to $295 million, was ultimately sold at auction for $126 million ($141 million with fees) to
Fashion Nova CEO Richard Saghian. The steep discount stemmed from the developer’s bankruptcy, limited buyer interest, unfinished construction requiring an estimated $20 million in work, and a cooling ultra-luxury
market. Despite its reduced price, the mansion remains the largest private residence in Los Angeles, featuring 21 bedrooms, 42 bathrooms, five pools, a 30-car garage, a nightclub, bowling alley, movie theater,
wine cellar, spa, gym, and panoramic views from its hilltop location. It was marketed as “the largest & grandest house ever built in the urban world.”
As of 2025, the Burj Khalifa in Dubai, United Arab Emirates, remains the tallest building in the world, standing at 828 meters (2,717 feet) with 163 floors, a title it has held since its opening on January 9, 2010.
This architectural marvel, designed by Adrian Smith of Skidmore, Owings & Merrill, blends cultural inspiration with cutting-edge engineering. Its construction involved over 330,000 cubic meters of concrete, 103,000 square
meters of glass, 15,500 square meters of stainless steel, and 39,000 tons of steel rebar, making it a feat of modern design. However, the Jeddah Tower in Saudi Arabia, now under active construction again as of January 2025,
is projected to surpass the Burj Khalifa by 2028, reaching over 1,000 meters (3,280 feet) with 157 floors, and will feature the world’s highest observation deck.
In 2025, Buckingham Palace remains one of the most iconic and valuable residences in the world, with an estimated worth of $1.6 billion. Originally built in 1703, it serves as the administrative headquarters of the
British monarch and features 775 rooms, including 78 bathrooms, 19 staterooms, and the largest private garden in London. Although King Charles III continues to reside at Clarence House due to ongoing renovations at the
palace, Buckingham Palace is open to the public during the summer months, offering guided tours of the State Rooms, the newly restored East Wing, and the Royal Gardens. The palace remains a central venue for royal
ceremonies, state banquets, and public celebrations, preserving its legacy as a symbol of British heritage and grandeur.
In 2025, Antilia, the towering private residence of Mukesh Ambani in Mumbai, India, remains the most expensive home in the world, now valued at approximately $4.6 billion2. Rising 173 meters (568 feet) over 27 stories,
the skyscraper spans more than 400,000 square feet and is designed to withstand magnitude 8 earthquakes. Its lavish amenities include a 168-car garage, nine high-speed elevators, a 50-seat private theater, a grand ballroom
with crystal chandeliers, multiple swimming pools, a spa, health center, temple, and a snow room that emits artificial snowflakes from its walls. The residence also features terrace gardens, an Olympic-sized pool, an indoor
football court, and a 70,000 sq ft banquet hall, all supported by a staff of over 600 personnel. Designed by Perkins & Will with interiors by Hirsch Bedner Associates, Antilia is a vertical palace that blends modern engineering
with traditional Indian aesthetics, symbolizing the Ambani family's immense wealth and influence.
In 2025, Villa La Leopolda, perched on 18 acres in Villefranche-sur-Mer on the French Riviera, remains one of the most luxurious and expensive estates in the world, valued at approximately $750 million. Originally
built for King Leopold II of Belgium and later redesigned by American architect Ogden Codman Jr., the Belle Époque-style villa features 11 bedrooms, 14 bathrooms, and an astonishing 12 swimming pools, all offering
breathtaking views of the Mediterranean Sea. Its lavish interiors include marble floors, crystal chandeliers, and antique furnishings, while the expansive gardens—among the most beautiful in Europe—are maintained by
a team of over 50 gardeners. The estate has hosted royalty, billionaires, and celebrities, and was famously featured in Alfred Hitchcock’s To Catch a Thief. Villa La Leopolda continues to symbolize timeless grandeur,
aristocratic history, and unmatched luxury.
In 2025, Villa Les Cèdres, located in Saint-Jean-Cap-Ferrat on the French Riviera, remains one of the most opulent and historically significant estates in the world, currently valued at around $410 million.
Originally built in 1830 and once owned by King Leopold II of Belgium, the villa spans 18,000 square feet and features 14 bedrooms, an Olympic-sized swimming pool, and a private chapel. Set on 35 acres, it boasts
the largest private botanical garden in the world, with over 14,000 plant species, a bronze statue of Athena, and 300-year-old olive trees. The estate also includes a vast library with rare botanical volumes,
luxurious interiors with chandeliers and frescoed ceilings, and panoramic views of the Mediterranean. Currently owned by Ukrainian billionaire Rinat Akhmetov, Villa Les Cèdres stands as a timeless symbol of aristocratic
grandeur and botanical elegance.
In 2025, Jay-Z and Beyoncé’s Malibu mansion remains one of the most iconic and expensive homes in the United States, purchased in May 2023 for a record-breaking $190 million—the highest residential sale in California
at the time. Designed by renowned Japanese architect Tadao Ando, the minimalist, Brutalist-style estate sits atop an eight-acre bluff in Paradise Cove, also known as Billionaires’ Beach, and spans approximately 40,000 square feet.
The home features vast concrete and glass architecture, floor-to-ceiling windows, serene infinity pools, and sweeping views of the Pacific Ocean. With seven bedrooms and multiple indoor-outdoor living spaces, the property is more
sculpture than residence, reflecting the couple’s taste for architectural significance and ultra-luxury living.
In 2025, the United States continues to showcase some of the most opulent residences ever listed for sale, reflecting unmatched luxury and grandeur. Leading the pack is Gordon Pointe in Naples, Florida, a sprawling
waterfront estate listed at $295 million, making it one of the most expensive homes ever offered in the country. In Malibu, Paradise Cove set records in 2023 with a $190 million cash sale, while Villa Firenze in
Beverly Hills, owned by Steven F. Udvar-Házy, was priced at $160 million and features a 20,000-square-foot mansion with 20 bedrooms, 23 bathrooms, and an authentic Italian village ambiance. The Hamptons’ 1080 Meadow Lane in
Southampton, NY, sits on 14 beachfront acres and was listed at $150 million, and Stonewall Farm in Granite Springs, NY, a 740-acre equestrian estate with a 24,000-square-foot colonial mansion, spa, gym, and pool, was
priced at $100 million. These properties exemplify the pinnacle of American luxury real estate.
Pricing a home correctly is crucial for a successful sale, pricing too high can deter potential buyers while pricing too low may lead to missed opportunities, finding the right balance is essential; some steps
to help home seller determine the right price:
Market Research: Understand the local real estate market; look at recent sales of similar homes in the area to gauge the going rate.
Comparable Sales: Analyze comparable properties that have sold recently. Consider factors like size, location, condition, and amenities.
Appraisal: Use a professional appraiser to assess the home’s value objectively; lenders often require an appraisal during the selling process.
Online Tools: Use online valuation tools (e.g., Zillow, Redfin, Realtor) to get an estimate; it's noted that these are just estimates and may not reflect the actual market value.
Real Estate Agent: Consult with a local real estate agent who has expertise in pricing homes and can provide valuable insights.
Nationwide, about 91% of U.S. homes have some form of air conditioning—either central air or window units—according to the American Housing Survey. However, regional disparities remain stark. In Seattle, only 44% of
homes had air conditioning in 2019, but that number rose to 64% by 2023, reflecting a rapid increase due to hotter summers and climate change. Around 22% of Seattle households have central air, while 15% have air conditioning
in no more than one room. In Portland, air conditioning ownership surged from 41% in 2011 to 78% in 2019, and by 2025, 75% of rental units reportedly have some form of cooling. These cities, once known for their temperate climates,
are now adapting to more frequent heat waves, prompting local governments to consider mandates for cooling standards in rental housing.
In many cultures, a bird flying into a home has long been considered a powerful omen—often one of impending death or misfortune. This superstition is especially strong in Celtic and Irish traditions, where black birds like
crows or ravens are linked to sickness and mortality, and a bird entering the house is said to foretell the death of a loved one. In some Irish folklore, if a bird lands on a chair inside the home, the person who usually sits
there is believed to be next to die. These beliefs stem from ancient associations of birds as messengers between the earthly and spiritual realms, and their sudden intrusion into domestic space was seen as a disruption of natural
order. While modern interpretations vary—and some cultures view birds as symbols of freedom, transformation, or divine messages—the idea of a bird entering the home still carries a sense of spiritual significance and emotional
weight for many.
In New York, property sellers are legally required to disclose if a home is believed to be haunted—but only if they’ve publicly claimed it as such. This unusual obligation stems from the landmark 1991 case Stambovsky v. Ackley,
in which a seller had repeatedly described her Nyack home as haunted in national publications. When a buyer discovered the home’s ghostly reputation after signing a contract, he sued to back out of the deal. The court ruled in his
favor, famously declaring the house “haunted as a matter of law” and stating that the seller was “estopped to deny the existence of ghosts.” While New York doesn’t require disclosure of paranormal activity by default, once a
haunting has been publicly asserted, it becomes part of the property’s legal identity—making New York one of the few places where a home can be legally haunted.
In Chinese culture, painting a fresh coat of bright red on the front door before the Lunar New Year is a cherished tradition believed to attract good luck, prosperity, and ward off evil spirits. Red is considered the most
auspicious color, symbolizing joy, vitality, and protection. Alongside red doors, homes are often decorated with red couplets, lanterns, and paper cuttings, all intended to usher in positive energy and blessings for the coming year.
This vibrant ritual reflects the deep cultural emphasis on renewal, fortune, and harmony as families prepare to welcome the New Year.
Warren Buffett, one of the world’s richest individuals, still lives in the same modest home he purchased in Omaha, Nebraska for $31,500 in 19582. Built in 1921, the 6,570-square-foot, five-bedroom stucco house sits on a quiet
corner lot just minutes from Berkshire Hathaway’s headquarters. Despite his immense wealth—estimated at over $160 billion—Buffett has consistently praised the home as one of his best investments, citing its practicality, comfort,
and emotional value. Today, the property is worth between $1.2 million and $1.5 million, representing a return of over 4,000%, yet Buffett has never felt the need to upgrade. His frugal lifestyle, which includes driving himself to
McDonald's and avoiding luxury purchases, reflects his belief that possessions don’t equate to happiness, and that value and simplicity are the true keys to long-term satisfaction.
Charles Holden (1875–1960) was an English architect better known for designing many London Underground stations during the 1920s and 1930s,
for Bristol Central Library , the Underground
Electric Railways Company of London 's headquarters at 55 Broadway and for the University of London 's
Senate House . His station designs for London Underground became the corporation's standard design influencing designs by all architects working for the organization in the 1930s.
Many of his buildings have been granted listed building status, protecting them from unapproved alteration. Due to his modesty and belief in the team effort of his fellow architects, he declined twice the offer of
a knighthood .Molds are usually not a problem indoors of your home, unless mold spores land on a wet or damp spot and begin growing. Mold can grow almost anywhere ,
on walls, ceilings, carpets, or furniture. Humidity or wetness, caused by water leaks, spills from bathtubs or showers, or condensation, can cause mold to grow in your home. Water causes mold growth. There are actually
five factors that are needed to support fungal growth, but water is the factor most easily controlled indoors and is the one factor species of mold requires. The other factors are temperature, light,
nutrients (food source), and PH (molds prefer a slightly acidic environment). Molds have the potential to cause health problems .
A mold allergy can make you cough, make your eyes itch and cause other symptoms that make you miserable.
Things you should know about mold:
Potential health effects and symptoms associated with mold exposures include allergic reactions, asthma and other respiratory complaints.
There is no practical way to eliminate all mold and mold spores in the indoor environment; the way to control indoor mold growth is to control moisture.
If mold is a problem in your home or school, you must clean up the mold and eliminate sources of moisture.
Fix the source of the water problem or leak to prevent mold growth.
Reduce indoor humidity (to 30-60%) to decrease mold growth by:
Venting bathrooms, dryers and other moisture-generating sources to the outside
Using air conditioners and de-humidifiers
Increasing ventilation
Using exhaust fans whenever cooking, dishwashing and cleaning
Clean and dry any damp or wet building materials and furnishings within 24-48 hours to prevent mold growth.
Clean mold off hard surfaces with water and detergent, and dry completely. Absorbent materials such as ceiling tiles, that are moldy, may need to be replaced.
Prevent condensation: Reduce the potential for condensation on cold surfaces (i.e., windows, piping, exterior walls, roof, or floors) by adding insulation.
In areas where there is a perpetual moisture problem, do not install carpeting (i.e., by drinking fountains, by classroom sinks, or on concrete floors with leaks or frequent condensation).
Molds can be found almost anywhere; they can grow on virtually any substance, providing moisture is present. There are molds that can grow on wood, paper, carpet, and foods.
White House facts and figures:
The White House is 168 feet long.
It is 152 feet wide (with porticoes).
It is about 70 feet high on the south side and 60 feet high on the north side.
To cover the outside of the White House, it takes 300 gallons of paint.
It sits on 18 acres of land.
It has 132 rooms, with 16 family and guest rooms, 3 kitchens, and 35 bathrooms.
The floor area is about 55,000 square feet.
U.S. Capitol Building facts and figures:
The interior area is over 1.5 million square feet.
The grounds cover an area of nearly 4 acres.
The length of the building from north to south is 751 feet.
The building measures 350 feet at its widest point.
The height from the baseline to the top of the Statue of Freedom is 288 feet.
It contains 540 rooms.
There are 658 windows, with 108 in the dome alone.
There are about 850 doorways.
There are 8,909,200 pounds of iron in the girders, plates, columns, and ornaments in the dome.
The diameter of the rotunda under the center dome is 96 feet.
The height of the rotunda is 180 feet.
The height of the Statue of Freedom by Thomas Crawford, on top of the dome, is 19 feet 6 inches.
The pedestal of the Statue of Freedom is 18 feet 6 inches.
The Statue of Freedom weighs about 15,000 pounds.
The most sunny, low-cost living, laidback destination overseas with an excellent and affordable healthcare are
Malaysia ,
Costa Rica ,
Uruguay ,
Vietnam ,
Thailand , and
Panama .
Country Climate & Lifestyle Cost of Living Healthcare Quality Healthcare Affordability Expat Friendliness
Thailand Tropical, relaxed, rich culture ~$620/month (single) Ranked #9 globally 50–75% cheaper than West Very high
Vietnam Tropical, vibrant cities & coast ~$460/month (single) Improving rapidly Public care often <$10 Moderate to high
Malaysia Tropical, modern infrastructure ~$540/month (single High-quality, JCI hospitals Public visits ~$2–4 High
Costa Rica Tropical, eco-friendly, peaceful ~$1,200/month (single) Excellent public-private system Public care ~$45/month Very high
Uruguay Temperate, calm, safe ~$1,200/month (single) Excellent public-private system Mutualista plans ~$70/month High
Panama Tropical, cosmopolitan & beachy ~$1,200–$2,000/month High-quality private care Public care is low-cost; private affordable High
In 2018, it took around 20 years of an average household’s income to buy a home in Hong Kong, rising to 21 years in 2019—making it the most unaffordable housing market globally.
By 2023, the price-to-income ratio had dropped slightly to 16.7, and in 2025, it stands at 14.4, according to the Demographia International Housing Affordability report. While this
marks an improvement from the pre-pandemic peak, Hong Kong remains the least affordable city in the world for homeownership. The decline in the ratio is largely due to falling home
prices—down over 7% year-over-year in 2024 and continuing to slide in early 2025—combined with modest income growth and easing interest rates. Despite the correction, the city’s
chronic land shortage and high demand, especially from Chinese investors, continue to keep affordability out of reach for most residents.
Hong Kong ranks as the fourth
most densely populated among sovereign states or territories, with more than 7 million residents spread across 1,106 square kilometers (427 sq miles). There's very little developable
land left in Hong Kong, as livable land is squeezed between bodies of water and soaring mountains. The land that is able to be developed is mostly controlled by the
government, which offers land to developers behind the scenes by tender. Hong Kong's government controls nearly half of the total supply or housing through public housing rentals
(where around 46% of Hong Kong people live) and assisted home ownership purchase programs, which are intended for lower-income families. Meaning, just about half of the housing market
is available on the private market. Renting is hardly more palatable; rates for apartments in this ex-British colony are higher than for similar-sized dwellings in San Francisco,
New York City and Zurich.The Home Mortgage Disclosure Act (HMDA) was enacted by Congress in 1975 and was implemented by the Federal Reserve Board's Regulation C.
On July 21, 2011, the rule-writing authority of Regulation C was transferred to the Consumer Financial Protection Bureau (CFPB) . Using the loan data submitted by these financial institutions,
the Federal Financial Institutions Examination Council (FFIEC) creates aggregate tables for each metropolitan statistical area (MSA) or metropolitan division (MD) (where appropriate), and
individual institution disclosure reports. As of 2025, the world’s most expensive private residence remains Antilia in Mumbai, India, valued at $2 billion, owned by Mukesh Ambani. Following closely is Villa Leopolda in Villefranche-sur-Mer, France, worth $750 million,
owned by Mikhail Prokhorov. Monaco’s Tour Odéon Penthouse, a five-story luxury flat with a rooftop infinity pool, is estimated at $335–$400 million, while Villa Les Cèdres in Saint-Jean-Cap-Ferrat, France, now owned by Rinat Akhmetov,
is valued at $450 million. In the U.S., Fair Field in Sagaponack, New York (Ira Rennert) is worth $248 million, and Palazzo di Amore in Beverly Hills (Jeff Greene) stands at $195 million. Other notable estates include
Xanadu 2.0 in Washington (Bill Gates, $125.5 million), Chartwell Estate in Bel-Air (Lachlan Murdoch, $150 million), and The Manor in Holmby Hills (Petra Ecclestone, $119.75 million). New additions include The Holme in
London, valued at $320 million, and Château Louis XIV near Paris, owned by Crown Prince Mohammed bin Salman, worth $300 million.
The Beverly House, located just three blocks from Sunset Boulevard in Beverly Hills, is one of the most iconic estates in the U.S., famously featured in The Godfather and The Bodyguard, and once the honeymoon destination of JFK
and Jackie Kennedy. Spanning over 50,000 square feet on up to six acres, the estate boasts 28 bedrooms, 36 bathrooms, a nightclub, cinema, wine cellar, two tennis courts, a 75-foot pool, and a terrace that can host 400 guests. Its
opulent interiors include a two-story library, a billiards room with a fireplace from Hearst Castle, and a spa with a gym and massage room. Over the years, it has been listed for sale at prices ranging from $95 million to $165 million,
and in 2021, it sold at auction for $63.1 million to investor Nicolas Berggruen. Renters have paid as much as $600,000 per month to stay in this legendary property, drawn by its Hollywood legacy, presidential history, and unmatched luxury.
The Burj Khalifa in Dubai, United Arab Emirates, is the tallest structure in the world, standing at an astonishing 829.8 meters (2,722 feet) with 163 floors. This megatall skyscraper is so high that you can actually watch two
sunsets on the same day—a phenomenon made possible by the Earth's curvature. If you view the sunset from the ground level and then quickly ascend to one of the upper observation decks (like the 124th or 148th floor), the sun will
reappear and set again. The time difference between the two sunsets is about three minutes, and during Ramadan, residents on higher floors are required to wait longer to break their fast due to this delay. This surreal experience
is just one of the many marvels that make Burj Khalifa not only an architectural icon but also a scientific curiosity.
Best places in the world for retiree benefits are
Panama ,
Ecuador ,
Portugal ,
Costa Rica ,
Mexico ,
Vietnam ,
Belize , and
France
Country Key Benefits for Retirees Cost of Living Healthcare Quality Visa/Residency Ease
Panama Pensionado visa, tax breaks, discounts on services, great
infrastructure, tropical climate Moderate Excellent (private) Very easy
Ecuador Low cost of living, 50% discounts for seniors, diverse
climates, affordable healthcare Very low Good Easy with pension
Portugal Strong public healthcare, Non-Habitual Resident tax
regime, safe, sunny, culturally rich Moderate Excellent Easy via D7 visa
Costa Rica Pura vida lifestyle, biodiversity, tax-free foreign
income, good healthcare Moderate Good Easy with pension
Mexico Affordable living, proximity to U.S., quality healthcare,
vibrant expat communities Low to moderate Excellent (private) Easy with pension
Vietnam Very low cost, rich culture, growing expat hubs,
affordable private healthcare Very low Improving Moderate
Belize English-speaking, Qualified Retired Persons program,
Caribbean lifestyle Moderate Basic to good Easy with income
France World-class healthcare, rich culture, excellent
infrastructure, strong legal protections High Excellent Moderate
In 2025, some of the coolest places to retire around the world combine beautiful weather, affordable living, and quality healthcare. Top picks include Ottawa, Canada ($750/month), Phoenix, Arizona ($831),
and Portland, Oregon ($939) for those preferring North American comfort. Latin American gems like Buenos Aires, Argentina ($692), La Paz and Puerto Vallarta in Mexico ($258 and $391), Panama City, Panama ($695),
Antigua, Guatemala ($513), San José, Costa Rica ($675), Quito, Ecuador ($515), and Managua, Nicaragua ($895) offer vibrant culture and low costs. In Europe, Cascais, Portugal ($562), Killarney, Ireland ($814),
Sliema, Malta ($721), Naples, Italy ($777), Valencia, Spain ($607), and Bordeaux, France ($871) blend charm with healthcare access. Asian standouts include Bangkok ($590), Chiang Mai ($454), and Penang,
Malaysia ($467), known for tropical climates and excellent medical care. These destinations offer retirees a rich lifestyle without breaking the bank.
In April 2016, one-bedroom apartment rents in major U.S. cities ranged from $1,750 to $3,590, with San Francisco and Boston topping the list at $3,590, followed by New York City at $3,340,
Oakland at $2,280, San Jose at $2,270, Washington, D.C. at $2,200, Los Angeles at $1,970, Miami at $1,900, Chicago at $1,790, and Seattle at $1,750. By 2024 and 2025, rents have generally increased
across most cities, with New York City rising to approximately $4,030 in 2024 and $4,024 in 2025, Boston reaching around $3,500 in 2024 and $3,538 in 2025, and San Jose climbing to $2,747 in both years.
San Francisco, however, saw a slight decline to $3,344 in 2024 and $3,048 in 2025. Washington, D.C., Los Angeles, and Miami now average between $2,600 and $3,000, while Chicago ranges from $2,100 to $2,500,
Seattle from $2,300 to $2,800, and Oakland from $2,800 to $3,200. Stamford, Connecticut, not listed in 2016, now averages between $2,300 and $2,500 for a one-bedroom apartment.
As of 2025, San Francisco remains the second-most densely populated major city in the U.S., with approximately 18,633 people per square mile packed into its 47-square-mile footprint. The median
home price in the city is now around $1.5 million, which is still more than six times higher than the national median price of existing homes3. Meanwhile, the average salary for a public school teacher
in San Francisco is about $66,886 per year, though some estimates place it higher at $89,737, depending on experience and data source5. With the average rent for a one-bedroom apartment now at $3,048 per month,
a teacher earning $66,886 would spend roughly 55% of their annual income on rent—slightly better than the 64% figure from 2015, but still far above the recommended 30% threshold4. The affordability gap continues
to challenge middle-income residents in one of the nation’s most expensive housing markets.
In 2025, Hong Kong’s ultra-luxury property market continues to break records, with a 5,442 sq ft full-floor unit at Opus Hong Kong selling for HK$512 million (US$65.5 million), or HK$94,083 per square foot,
surpassing its own 2015 record of HK$497 million for a 5,188 sq ft duplex. Meanwhile, 39 Conduit Road remains a top contender in the super-prime segment, with recent transactions including a 2,355 sq ft unit sold
for HK$180 million and a 3,835 sq ft unit sold for HK$378 million, reaching up to HK$98,566 per square foot. These sales underscore the enduring appeal of Hong Kong’s most prestigious addresses, driven by exclusivity,
panoramic views, and architectural distinction.
In 2025, the penthouse at Knightsbridge in London commanded an extraordinary rental rate of $100,000 to $120,000 per week for short-term stays—exceeding $400,000 per month—for its 3,982 sq ft of ultra-luxurious
living space, complete with four lavish bedrooms, exquisite interiors, and sweeping panoramic views of the city.
In 2025, London continues to top Hong Kong as the priciest place to live, maintaining its position since 2014. The cost of living in London is approximately 54% higher than in Hong Kong, with average monthly expenses
for one person reaching $3,638 compared to $2,613 in Hong Kong. Housing, transportation, and childcare are significantly more expensive in London, while groceries and some utilities remain more affordable in Hong Kong.
Despite Hong Kong’s high property prices, London’s broader living costs—including rent, dining, and entertainment—solidify its status as the most expensive city in Asia and Europe for residents.
In 2025, some of the best places to retire overseas based on beautiful weather, affordability, and quality healthcare include Da Nang, Vietnam ($840/month), Cebu, Philippines ($900), and George Town, Malaysia ($935),
all offering tropical climates and low living costs. Thailand’s Hua Hin ($975) and Chiang Mai ($1,095) provide excellent private healthcare and expat-friendly communities, while Languedoc, France ($1,185) and Abruzzo,
Italy ($1,265) offer Mediterranean charm and world-class public healthcare. Latin American gems like Cuenca, Ecuador ($1,210), Cayo, Belize ($1,225), Medellín, Colombia ($1,295), and Buenos Aires, Argentina ($1,330)
combine mild weather with affordable urban living. Istanbul, Turkey ($1,355) blends history with modern healthcare, and the Algarve in Portugal ($1,410) remains a top pick for its sunny coast and excellent medical
services. Other notable options include Granada, Nicaragua ($1,400), San Miguel de Allende, Mexico ($1,460), Las Terrenas, Dominican Republic ($1,670), Barcelona, Spain ($1,580), El Valle, Panama ($1,530),
Puerto Vallarta, Mexico ($1,950), Ambergris Caye, Belize ($2,069), and Las Tablas, Panama ($2,235), each offering unique lifestyle perks for retirees seeking comfort, culture, and cost-effective living abroad.
As of 2025, Antilia—the 27-story, 570-foot-tall skyscraper home of Mukesh Ambani in Mumbai—remains the world’s most expensive private residence, now valued between $2.2 and $4.6 billion. With 400,000 square feet of
living space, it includes 27 habitable floors, six parking levels for 168 cars, nine elevators, a 50-seat theater, a ballroom adorned with crystal chandeliers, a snow room with artificial flurries, a dance studio, three
floors of hanging gardens, multiple swimming pools, and three rooftop helipads. Recent updates feature an Olympic-sized pool, indoor football court, private temple, and a 70,000 sq ft banquet hall, all supported by over
600 full-time staff. Designed with Vastu Shastra principles and eco-conscious systems, Antilia continues to stand as a symbol of extreme luxury and architectural innovation.
A triplex apartment/penthouse that spans three floors and 12,394 square feet, along with 1,257 feet of terrace with views of Central Park to the north, at 520 Park Avenue in New York city —which was under construction— and planned to
be listed for $130 million when it comes on the market in 2015; it is the New York City's most expensive listing. It planned to top a $118 million penthouse at the Ritz-Carlton in Battery Park City as well as the $110 million
penthouse at the Woolworth Building downtown. As of 2025:
520 Park Avenue Triplex Penthouse, New York City - Originally envisioned as a $130 million triplex masterpiece spanning 12,394 square feet with a 1,257-square-foot terrace offering sweeping views of Central Park, the residence underwent
a strategic redesign amid a cooling luxury market. The expansive unit was divided into two refined duplexes, one of which sold in 2024 for a staggering $79 million in an all-cash transaction—ranking as the fourth-highest sale in New York City
that year. This sky-high sanctuary boasts soaring 15-foot ceilings, five lavish bedrooms, six spa-inspired bathrooms, and more than 1,200 square feet of private outdoor space, blending architectural grandeur with elevated urban living.
Woolworth Building “Pinnacle” Penthouse, New York City - Originally listed at a jaw-dropping $110 million, the iconic seven-story, 12,000-square-foot “Pinnacle” penthouse atop the historic Woolworth Building ultimately changed hands
in 2023 for just $30 million—less than a third of its ambitious asking price. The buyer, Scott Lynn, CEO of Masterworks, acquired the residence as a raw, unfinished shell, offering a rare opportunity to craft a bespoke home within one of
New York City's most storied architectural landmarks. With soaring ceilings, panoramic views, and unmatched vertical scale, the space is a blank canvas for visionary design.
Ritz-Carlton Battery Park City Penthouse, New York City - Commanding an unprecedented $118.5 million asking price, this sprawling 15,434-square-foot duplex at the Ritz-Carlton Battery Park City was created by merging three individual
units into a singular showpiece of downtown luxury. Featuring four expansive terraces and unobstructed views of the Hudson River and Statue of Liberty, the residence set a new benchmark as the most expensive listing ever in Lower Manhattan.
However, with no public record of a finalized sale, it’s widely believed the property either remained unsold or was quietly withdrawn from the market—an emblem of ambition that may have outpaced demand.
The Waldorf Astoria New York, sold in 2014 for a record-breaking $1.95 billion to China’s Anbang Insurance Group, remains the most expensive hotel sale in history. After closing in 2017 for an extensive $2 billion renovation,
the iconic property reopened in July 2025 as a hybrid of luxury hotel and residences, now featuring 375 guest rooms and 372 condominiums. Hilton continues to manage the hotel under a 100-year contract, while the restoration—led by
Skidmore, Owings & Merrill and designer Pierre-Yves Rochon—preserved 62,000 square feet of landmarked interiors including the famed Peacock Alley and Waldorf Astoria Clock. The revamped hotel offers oversized rooms averaging over
570 square feet, a 20,000-square-foot Guerlain Spa, and fine dining venues like Lex Yard and Yoshoku. Hotel rates start at $912 per night, while condos range from $1.8 million to over $7 million, with rentals beginning around $8,000 per month.
In October 2013, JPMorgan Chase reached a $5.1 billion settlement with the Federal Housing Finance Agency to resolve claims that it misrepresented mortgage-backed securities sold to Fannie Mae and Freddie Mac, including $4 billion
for securities violations and $1.1 billion for repurchase claims tied to loans from JPMorgan, Bear Stearns, and Washington Mutual. The bank also separately settled for $4.5 billion with 21 institutional investors over similar issues.
Meanwhile, Barclays, UBS, Royal Bank of Scotland, and Rabobank faced broader scrutiny related to the LIBOR scandal, resulting in over $3.6 billion in fines and ongoing class-action settlements approved through 2025, addressing allegations
of benchmark rate manipulation and financial misconduct.
In 2011, the U.S. Federal Housing Finance Agency (FHFA) sued 18 major financial institutions for allegedly misrepresenting the quality of mortgage-backed securities sold to Fannie Mae and Freddie Mac. Since then, the FHFA has successfully
settled with all defendants, recovering approximately $24.9 billion in total. Notable settlements include JPMorgan Chase ($4 billion), UBS ($885 million), Citigroup ($250 million), and General Electric ($6.25 million). These settlements resolved
claims of securities law violations and fraud tied to private-label securities sold between 2005 and 2007. The final update from FHFA in 2018 confirmed the conclusion of all litigation, with additional recoveries from representation and warranty
claims totaling another $335 million.
In the first half of 2025, foreclosure activity in the U.S. continued to rise, with 187,659 properties receiving foreclosure filings—up 5.8% from the same period in 2024. Nationwide, one in every 758 housing units had a foreclosure filing,
compared to one in 885 homes back in May 2013. While the numbers remain below pre-pandemic levels, the steady increase reflects ongoing financial strain for some homeowners amid economic uncertainty. States with the highest foreclosure rates
in early 2025 included Illinois, Delaware, and Nevada, each with about 0.23% of housing units affected. Major metro areas like Lakeland, FL, Columbia, SC, and Chicago, IL posted the worst rates, with up to 0.29% of homes facing foreclosure.
Despite the uptick, experts view the trend as a gradual return to normal market patterns rather than a crisis.
From 2023 to 2025, Florida, Illinois, California, and Ohio continued to rank among the states with the highest numbers of vacant foreclosures. Florida remained at the top, with over 90,000 distressed properties in 2023 and 15,198
foreclosure starts in the first half of 2025, driven by rising insurance costs and property taxes. Illinois followed with more than 31,000 vacant homes in 2023 and 7,922 foreclosure starts in early 2025, maintaining one of the highest
foreclosure rates nationwide. California saw over 28,000 vacant foreclosures in 2023 and 14,751 starts in 2025, though its rate per housing unit was lower than Florida and Illinois. Ohio, with around 17,000 vacant properties in 2023,
recorded 8,655 foreclosure filings in the first half of 2025, showing moderate but persistent distress across its housing market. In 2013, four U.S. states lead the nation in vacant foreclosures were Florida, Illinois, California
and Ohio. Florida came first with 90,556, Illinois came in second with 31,668 empty distressed homes, followed by California with 28,821, and Ohio with 17,367 vacant properties.
As of the recent Census Bureau data, the total number of housing units in the U.S. reached approximately 147.4 million by the end of 2024, up from 133 million in 2013. Of these, 10.2% were vacant, equating to roughly 15 million units,
a slight increase from the 14.2 million vacant homes reported in 2013. The breakdown includes 8.0% vacant year-round, 2.2% vacant for seasonal use, and 4.5% held off market, with smaller percentages vacant for rent or sale. These figures
reflect a stable but slightly elevated vacancy rate over the past decade, influenced by shifting demographics, housing affordability challenges, and regional market dynamics
As of 2025, the average cost to build a Mediterranean-style home in the U.S. ranges from $200 to $400 per square foot, depending on location, materials, and design complexity. For example, a 3,500-square-foot home could cost
between $700,000 and $1.4 million, with luxury versions exceeding $1.5 million. While a 2013 report listed the average sale price of a Mediterranean-style home at $1.32 million, current prices vary widely based on region—especially in
high-end markets like California and Florida, where Mediterranean architecture remains popular. These homes are prized for their stucco exteriors, red-tile roofs, arched windows, and indoor-outdoor living spaces, which contribute to
their premium pricing.
Smart strategies for finding, financing and fixing beat-up foreclosures:
Expand your search beyond newly listed properties—hidden gems often lie in overlooked or off-market deals.
Consider a rehab loan, such as an FHA 203(k) or Fannie Mae HomeStyle loan, to finance both the purchase and renovation costs.
Hire professionals for major repairs and renovations to ensure quality work and avoid costly mistakes.
Compare prices on supplies and tools—shopping around can significantly reduce your renovation budget.
Prioritize painting during rehab; a fresh coat can dramatically improve curb appeal and interior ambiance.
Invest in landscaping, especially in the front yard, to boost first impressions and property value.
Keep learning—stay updated on real estate trends, financing options, and renovation techniques to sharpen your edge in the market.
The Modern Toilet Restaurant in Taipei, Taiwan offers one of the most bizarre and unforgettable dining experiences in the world. This bathroom-themed eatery seats guests on real, non-functioning toilets, serves meals in miniature
toilet bowls, pours drinks into plastic urinals, and swaps napkins for rolls of toilet paper. The decor is unapologetically absurd, featuring cartoon poop motifs, plungers hanging from the ceiling, and glass-topped sinks as tables.
Since its launch in 2004, the restaurant became a cult favorite across Asia, expanding to 19 locations at its peak. As of 2025, only two branches remain—one in the vibrant Ximending district and another near the bustling Shilin Night
Market—still delighting adventurous diners with its cheeky charm and Instagram-worthy weirdness.
The Federal Trade Commission (FTC) reached a settlement with five companies—Long Fence and Home, Gorell Enterprises, Winchester Industries, Serious Energy, and THV Holdings—after finding that they made exaggerated and unsupported
claims about the energy efficiency of their replacement windows. These companies had advertised that consumers could save up to 50% on heating and cooling bills simply by installing their windows, but the FTC determined that such claims
lacked reliable scientific evidence. As part of the settlement, the companies are now prohibited from making deceptive energy-savings claims unless they can substantiate them with competent and reliable scientific data. The FTC emphasized
that environmental marketing must be truthful and that misleading consumers about energy efficiency can result in significant civil penalties.
The White House , which was first built in 1792 and completely rebuilt in 1817, has six floors - two basements, two public floors, and two floors for the First Family. It has 132 rooms, 35 bathrooms, 412 doors, 147 windows, 28 fireplaces, 8staircases, and 3 elevators. It also has
a tennis court, a jogging track, a swimming pool, a movie theater, a billiard room, and a bowling lane.In 2024 and 2025, the U.S. housing market saw modest declines in home values, with Zillow forecasting a 2% drop by the end of 2025 and warning that climate-related risks could devalue up to 20% of American homes, potentially
erasing $1.5 trillion in property value. While affordability improved slightly due to easing mortgage rates, foreclosures rose by 10% from 2022, signaling a broader market correction. Vulnerable property types included large suburban homes,
outdated urban high-rises, remote vacation properties, and homes lacking energy efficiency. Major cities like San Francisco, Austin, Tampa, Phoenix, and Denver faced notable value declines due to overbuilding and shifting migration patterns,
while smaller markets such as Greenville, MS; Pecos, TX; and Johnstown, PA were projected to suffer double-digit losses by mid-2026.
As of 2025, two of the world’s most extravagant penthouses continue to make headlines: the duplex at London’s One Hyde Park, originally sold for $227 million in 2010, is now back on the market for £175 million (about $223 million),
boasting 18,000 square feet of opulence including a Japanese-inspired kitchen, spa, wine cellar, and wrap-around terraces with Hyde Park views—all managed by the Mandarin Oriental; meanwhile, Monte Carlo’s La Belle Époque Penthouse, sold
in 2010 for $323 million to Sheikh Mohammed bin Rashid Al-Maktoum, remains a symbol of ultra-luxury with its 17,500 square feet of lavish interiors, rooftop infinity pool, private cinema, and panoramic views of the marina and royal palace.
As of 2025, there have been no new record-breaking foreclosure auction sales in New York City matching the scale of the 2010 sale of a $33.2 million condominium—a 5,500-square-foot apartment with 20-foot ceilings and Central Park views,
which set a then-record of $6,000 per square foot. While luxury sales continue in Manhattan, recent top deals have been notably lower, such as a $21.3 million condo on Billionaires’ Row sold in July 2025 at roughly $4,700 per square foot.
Meanwhile, foreclosure activity in NYC has risen, with Manhattan’s foreclosure rate increasing 11% year-over-year in Q2 2025, even affecting elite ZIP codes like 10022 near Park Avenue.
Tiger Woods’ Jupiter Island estate in Florida remains one of the most luxurious and expensive homes on the barrier island, now valued between $54 and $80 million. Spanning 12 acres, the property includes a 9,700-square-foot main residence,
a 6,400-square-foot multipurpose building, and several other structures such as a guesthouse, studio, and private docks. Woods invested heavily in renovations, including $15 million for landscaping and structural upgrades to combat sinking
issues reported in 2013. The estate boasts a 3.5-acre golf facility, tennis and basketball courts, two pools, an oxygen therapy room, a private cinema, and a trophy room showcasing his golf achievements. Located in a celebrity-rich enclave,
Woods also owns The Woods Jupiter restaurant nearby and lives close to fellow golfer Justin Thomas.
The world's tallest building is Burj Khalifa , which is 828m (2,716ft) high. Clad in 28,000 glass panels, the tower, which is located in Dubai, United Arab Emirates, has 160 floors and more than 500,000 sq m of space for offices and flats.
The building has 1,044 luxury apartments, 49 floors of offices and a 160-room Armani-branded hotel. Around 12,000 people are expected to live and work in the tower. Hong Kong’s luxury property market has rebounded strongly in 2025, driven by low interest rates, relaxed immigration rules, and a bullish stock market, with record-breaking sales such as a mansion on Barker Road fetching
HK$1.2 billion (US$153 million), and over 286 homes priced above HK$500 million sold in the first half of the year—a 23.3% increase year-over-year. Wealthy immigrants and ultra-high-net-worth individuals continue to dominate the buyer pool,
supported by favorable policies like reduced stamp duties and increased mortgage margins. Meanwhile, mainland China’s luxury market shows mixed signals, with Tier 1 cities like Shanghai remaining resilient—over 80% of homes priced above
¥50 million (US$7 million) were sold in early 2025—while second-tier cities such as Nanjing and Chengdu saw rapid sellouts of homes priced between ¥6–10 million (US$843K–1.4M), aided by government incentives like tax cuts, favorable mortgage
terms, and housing trade-in programs.
The $56.5 million (HK$439 million) luxury apartment in Hong Kong was sold to a Chinese businessman and remains one of the most expensive residential transactions in the city's history. The five-bedroom duplex suite, located near the
top of a skyscraper overlooking Victoria Harbor, spans 6,158 square feet with an additional 340-square-foot garden. While the sale itself occurred in 2009, it continues to symbolize the strength of Hong Kong’s ultra-luxury property market,
which has seen fluctuations due to economic shifts, government policies, and mainland Chinese investment trends.
As of 2025, office rents in Hong Kong’s Central district remain among the highest globally, ranging from HK$30 to HK$167 per square foot per month (approximately US$3.80 to US$21.40 monthly or US$45.60 to US$256.80 annually), maintaining
its status as a premier financial hub. Tokyo’s Grade A office rents in central wards average US$9.80 per square foot monthly, showing steady growth, while London’s prime West End rents have reached about US$15.50 per square foot monthly, with
the City of London averaging slightly lower. In New York, trophy Class A rents in Midtown hover around US$10–$10.40 per square foot monthly, with broader Class A spaces ranging from US$55 to $105 annually. Despite global competition,
Hong Kong’s Central district continues to attract multinational firms due to its prestige and limited premium office supply.
Alpine, NJ (ZIP code 07620) remains one of the most exclusive and expensive places to live in the United States, with a 2023 median home sale price of $2.94 million—making it the priciest ZIP code in New Jersey. Contrary to outdated reports
suggesting a median household income of $128,287, the actual figure is far higher: $250,001, which represents the U.S. Census Bureau’s top-coded threshold. This affluence is further reflected in Alpine’s per capita income of $132,298 and the
fact that over 55% of households earn more than $200,000 annually. While the cost of living and property values are exceptionally high, the income levels of residents are clearly in line with the town’s elite status.
In 2010, the U.S. saw approximately 250,000 new families enter foreclosure every three months, reflecting the peak of the housing crisis. By contrast, foreclosure activity in 2024 and 2025 has significantly declined, though it has
recently begun to rise again. In 2024, there were 322,103 properties with foreclosure filings—down 10% from 2023 and a massive 89% drop from the 2010 peak. In 2025, foreclosure filings increased slightly, with 187,659 properties affected
in the first half of the year alone. That averages to about 93,830 properties per quarter, or roughly 31,000 per month, far below the crisis-era levels. While the numbers remain below pre-pandemic norms, the upward trend in 2025 suggests
that some homeowners are again facing financial strain amid economic shifts and elevated interest rates.
After peaking in 2006, U.S. home prices underwent dramatic shifts. While 2006 marked the peak before the crash in 2008, the new highs in home prices were reached in 2022, and the market is now in a phase of cautious correction and stabilization.
2007–2011: Prices fell sharply due to the housing crash, bottoming out around 2011.
2012–2019: A steady recovery began, with prices climbing year-over-year.
2020–2022: Prices surged during the pandemic, driven by low interest rates and high demand, reaching a median of $442,600 by late 2022.
2023–2024: The market cooled slightly due to rising interest rates, with the median price settling around $426,800 in Q4 2024.
2025: Prices are stabilizing, with modest growth projected as the market adjusts to economic conditions and inventory constraints.
From 2007 to 2008, U.S. foreclosures surged by 81.2%, marking one of the most dramatic spikes in housing distress during the Great Recession. In contrast, the increase from 2003 to 2024 was far more modest, with foreclosure
filings rising by approximately 13.4% over that 21-year span. Looking ahead to 2004 to 2025, the cumulative increase is estimated at 15.1%, reflecting a slight uptick driven by economic pressures in 2025. These figures
highlight how foreclosure activity has stabilized significantly since the crisis era, even as recent trends suggest a cautious rise in filings amid affordability challenges and broader financial strain.
In 2008, California had the highest number of homes in foreclosure, totaling 523,624 properties. By comparison, foreclosure activity has dropped dramatically in recent years. In 2024, California reported 19,013 properties
with foreclosure filings. In 2025, that number rose slightly to 19,100 properties in the first half of the year. Despite the uptick, this still represents a 96% decrease from the 2008 peak, reflecting the state's long-term
recovery and more stable housing market conditions.
In 2008, Stockton, CA had the highest foreclosure rate in the U.S. at 9.5%, a symbol of the housing crisis's devastating impact. By 2024, the situation had improved dramatically, with Stockton’s foreclosure rate dropping
to 0.055%, or one in every 1,802 housing units. In 2025, the trend remains relatively stable, with approximately 1,367 foreclosed properties reported within city limits. While still facing economic pressures, Stockton’s
foreclosure rate is now a fraction of what it was during the Great Recession, reflecting broader recovery and stabilization in the housing market.
In 2008, Los Angeles experienced the steepest home price decline among major U.S. cities, dropping 35.6% during the housing crash. In contrast, the market has rebounded significantly in recent years. In 2024, home prices
in Los Angeles rose 9.3% year-over-year, with the average price of a single-family home reaching approximately $959,400. By 2025, the median sale price climbed to $1.1 million, reflecting a 2.8% annual increase. This shift
from dramatic decline to steady growth highlights the city's long-term recovery and continued demand despite affordability challenges.
In 2008, the U.S. saw a staggering 2,330,483 homes in foreclosure, marking one of the worst years during the housing crisis. By contrast, foreclosure activity has significantly declined in recent years. In 2024, there
were 322,103 properties with foreclosure filings, representing 0.23% of all U.S. housing units, a sharp drop of nearly 86% from 2008 levels. In 2025, the trend has slightly reversed, with 187,659 properties entering foreclosure
in just the first half of the year, suggesting a modest uptick amid economic pressures. While still far below the 2008 peak, the increase in 2025 indicates that some homeowners are beginning to feel financial strain again.
In 2008, Atlanta had the lowest price-to-income ratio in the U.S. at 3.8, making it the most affordable major housing market. By 2024, that ratio remained steady at 3.5, and in 2025 it is projected to hold at 3.5 again.
This continued affordability reflects Atlanta’s relatively moderate home prices and rising household incomes, keeping it among the most accessible housing markets in the country.
In 2008, Honolulu had the highest price-to-income ratio in the U.S. at 10.8, making it the least affordable housing market that year. By 2024, the ratio had slightly decreased to 9.3, and in 2025 it stands at 10.1, still
among the highest nationwide. This means that the median home price in Honolulu is over ten times the median household income, underscoring the city's persistent affordability challenges despite some market corrections.
In 2008, Boston experienced the smallest decline in home prices among major U.S. cities, dropping just 5.6%. Fast forward to 2024 and 2025, the market has shown strong resilience and growth. In January 2024, the median
single-family home price in Boston surged 16.2% year-over-year to $820,000, and by mid-2025, it surpassed the $1 million mark, reaching $1,003,2502. Zillow forecasts a 2.9% increase in home values for the Boston-Cambridge-Newton
metro area by the end of 2025. This steady appreciation reflects Boston’s tight inventory, strong economy, and enduring desirability as a place to live.
▷ Home Customs & Housewarming Traditions
Chinese home customs are steeped in tradition and symbolism, promoting harmony and prosperity. When moving into a new home, families select an auspicious date from the Chinese Almanac, enter carrying items like rice or fruit
to symbolize abundance, and switch on all appliances to energize the space—avoiding naps to ward off laziness. Daily rituals include placing red packets in the rice urn, buying new cleaning tools to sweep away past troubles, and
lighting the stove with sweet foods to welcome warmth and fortune. Feng Shui plays a key role, influencing furniture placement and mirror orientation to maintain positive energy. Cleanliness and respect are vital: shoes are
removed indoors, slippers worn, and seating reflects reverence for elders, all reinforcing the deep cultural values woven into everyday life.
Hong Kong home customs blend traditional Chinese values with modern urban living. Families often remove shoes at the door and wear slippers indoors to maintain cleanliness. Feng Shui influences home layout, with careful
placement of furniture and mirrors to promote harmony and good fortune. Respect for elders is reflected in seating arrangements and mealtime etiquette, especially during festivals like Lunar New Year, when red decorations and
symbolic foods are used to invite prosperity. Many households also burn incense or display ancestral tablets to honor family heritage. Despite its cosmopolitan vibe, Hong Kong homes retain deep cultural roots that shape daily life.
Vietnamese home customs are deeply rooted in respect, modesty, and ancestral tradition. Guests are warmly welcomed with tea or snacks, and it’s customary to remove shoes before entering to maintain cleanliness. Family altars
honoring ancestors are central to many homes, especially during festivals like Tết, when offerings of food and incense invite ancestral spirits to return. Respect for elders is paramount—greetings often include a slight bow or
polite handshake, and younger family members wait for elders to begin meals. Dining etiquette discourages sticking chopsticks upright in rice, as it resembles funeral rituals. Homes are typically modest and tidy, reflecting values
of humility and harmony, with social interactions guided by politeness and a strong sense of community.
Thai home customs reflect a deep respect for tradition, spirituality, and social harmony. Upon entering a home, it’s customary to remove shoes to maintain cleanliness, and guests are often greeted with a warm smile and
offered refreshments like tea or fruit. The traditional Thai greeting, the wai—a slight bow with palms pressed together—is used to show respect, especially toward elders. Many homes feature spirit houses or altars where offerings
are made to guardian spirits, and stepping over the threshold (not on it) is considered polite to avoid disturbing these entities. Mealtimes are communal, with dishes shared and eaten using a spoon and fork—never chopsticks for
rice—and it’s respectful to wait for elders to begin eating. Quietness and modesty are valued, and maintaining a calm demeanor (jai yen) is seen as a sign of good character. These customs reflect Thailand’s emphasis on grace,
mindfulness, and familial respect.
Japanese home customs emphasize cleanliness, respect, and harmony. Upon entering, it's customary to remove shoes at the genkan (entryway) and wear indoor slippers, with separate ones for the bathroom and none on tatami mats.
Mealtime etiquette is important—guests use an oshibori (wet towel) to clean hands, avoid sticking chopsticks upright in rice, and express gratitude by saying “itadakimasu” before eating. Baths are taken after washing thoroughly,
with the water often shared among family members. Recycling is meticulously sorted, and punctuality is valued when visiting. Guests typically bring a small gift and say “ojama shimasu” to show humility. These customs reflect
Japan’s deep-rooted values of order, mindfulness, and mutual respect.
Indian home customs are rich with tradition, hospitality, and spiritual significance. Guests are warmly welcomed with the phrase “Atithi Devo Bhava,” meaning “the guest is God,” and often greeted with a respectful “Namaste.”
Shoes are removed at the entrance to maintain cleanliness, and offerings of water or sweets are common. When moving into a new home, families perform a Griha Pravesh ceremony, selecting an auspicious date and conducting rituals like
boiling milk to symbolize prosperity and placing chilies and limes at the doorway to ward off evil spirits. Respect for elders is deeply ingrained, and meals are often vegetarian, eaten with hands after washing, and shared generously.
These customs reflect India’s deep-rooted values of reverence, community, and spiritual harmony.
Indonesian home customs reflect a rich blend of tradition, spirituality, and communal values. Guests are warmly welcomed with smiles and refreshments like tea or snacks, and it’s customary to remove shoes before entering to
maintain cleanliness. Many homes feature a rumah adat (traditional house style) or elements of it, and family altars honoring ancestors are common, especially during ceremonies like Selamatan or religious festivals. Respect for
elders is deeply ingrained, with younger members often serving them first at meals and using polite language. Meals are typically shared from communal dishes, eaten with hands or spoons and forks, and often include rice as a staple.
Social harmony is emphasized, and modesty in behavior and dress is appreciated, reflecting Indonesia’s diverse cultural and religious heritage.
European home customs vary widely across the continent but share common themes of practicality, hospitality, and cultural pride. Many households remove shoes at the door to maintain cleanliness, and air-drying laundry is
preferred over using dryers, reflecting environmental consciousness. Kitchens often feature smaller fridges, encouraging frequent shopping at local markets for fresh produce. Meals are seen as social experiences, with smaller portions
and minimal ice in drinks, and dinner may be served late, especially in Southern Europe. Bidets are common in bathrooms, and public quietness is valued, with lower speaking volumes in shared spaces. Tipping is modest, and formal
greetings are appreciated, especially in countries like France or Germany. These customs reflect a lifestyle that emphasizes quality, sustainability, and respect for tradition.
British home customs reflect a blend of tradition, politeness, and practicality. It’s common to remove shoes at the door, especially in more modern or urban households, and guests are often offered tea as a gesture of hospitality.
Privacy is highly valued, so knocking before entering a room—even within the same home—is considered courteous. Mealtimes are typically structured, with dinner often served early in the evening, and Sunday roasts remain a cherished
tradition. Recycling is taken seriously, with separate bins for different materials, and many homes feature compact kitchens and radiators instead of central heating. Respect for personal space and quietness is appreciated, especially
in shared living environments, reflecting the British emphasis on decorum and consideration.
In Scotland, painting a front door red has long been a symbolic gesture of financial triumph—marking the moment a homeowner has fully paid off their mortgage. Though not universally practiced, it remains a charming tradition
rooted in pride, accomplishment, and the joy of becoming debt-free. In Ireland, however, red doors carry a more rebellious and culturally rich significance. Legend has it that when Queen Victoria ordered Irish citizens to paint
their doors black in mourning, many defiantly chose bright colors, especially red, as a bold act of resistance and independence. Beyond political symbolism, Irish folklore also holds that red doors ward off evil spirits, provide
protection, and invite good luck and hospitality. Though the color is the same, its meaning shifts dramatically across borders—from financial freedom in Scotland to cultural defiance and spiritual safeguarding in Ireland.
French home customs reflect a strong appreciation for tradition, privacy, and refined living. Guests are typically greeted with a polite “Bonjour” and may be offered coffee or wine depending on the time of day. Shoes are often kept
on indoors, though some households prefer slippers for comfort. Meals are central to family life, with long, leisurely dinners and a focus on fresh, seasonal ingredients—especially bread, cheese, and wine. Table manners are important,
and conversation is considered an art. Homes often feature minimal clutter and elegant décor, with attention to lighting and ambiance. Respect for personal space and quiet hours is valued, and recycling is widely practiced, reflecting
France’s blend of cultural pride and environmental awareness.
German home customs emphasize order, cleanliness, and respect for privacy. It’s common to remove shoes at the entrance and wear house slippers, especially in colder months. Recycling is taken seriously, with strict sorting rules
for paper, plastics, and organic waste. Punctuality is valued, even for casual visits, and guests often bring small gifts like flowers or wine. Mealtimes are structured, with lunch traditionally being the main meal, and quiet
hours—especially on Sundays—are respected to maintain neighborhood harmony. Homes are typically well-organized, with minimalist décor and efficient use of space, reflecting Germany’s cultural appreciation for functionality and tidiness.
Italian home customs are rooted in warmth, tradition, and strong family values. Guests are typically greeted with a friendly “Ciao” or “Buongiorno,” and bringing a small gift—like wine or chocolates—is considered polite when visiting.
Shoes may be kept on indoors unless the host requests otherwise, and meals are central to family life, often enjoyed slowly with multiple courses and lively conversation. Respect for elders is shown through gestures like standing when
they enter a room, and seating arrangements may reflect hierarchy. It’s customary to wait for everyone to be served before eating and to say “Buon appetito.” Cleanliness and modesty are appreciated, and privacy is respected, with
unannounced visits generally discouraged. These customs reflect Italy’s deep appreciation for hospitality, etiquette, and close-knit relationships.
Spanish home customs reflect a vibrant blend of tradition, hospitality, and relaxed living. Families often gather for long, lively meals—especially on Sundays—with tapas and wine playing central roles. Shoes may be removed indoors
depending on the household, and guests are warmly welcomed with greetings like “Hola” or “Buenas.” Privacy and personal space are respected, yet socializing is deeply valued, with spontaneous visits and shared meals common among close
friends and neighbors. Siestas, though less frequent today, still influence daily rhythms in some regions. Homes are typically adorned with personal touches, religious symbols, and family photos, reflecting strong cultural pride and
familial bonds.
Dutch home customs reflect a culture of practicality, hospitality, and social etiquette. It’s common to remove shoes at the door and offer guests coffee—often accompanied by a single cookie—as a warm welcome. Punctuality is highly
valued, so arriving exactly on time is expected, and informal drop-ins are rare without prior arrangement. Homes are typically neat and minimalist, with open curtains symbolizing transparency and trust. Greeting friends and family may
involve three cheek kisses, and bringing modest gifts like flowers or chocolates is customary when visiting. Dining etiquette includes keeping hands visible at the table and waiting for the host to begin eating. These traditions
highlight the Dutch emphasis on respect, directness, and community.
Mexican home customs are deeply rooted in warmth, tradition, and family values. Guests are greeted with friendly expressions like “¡Bienvenidos!” and often offered refreshments such as coffee, agua fresca, or pan dulce. Shoes are
typically removed at the entrance in many households to maintain cleanliness, and hospitality is expressed through generous food portions and lively conversation. Family altars honoring ancestors are common, especially during Día de
los Muertos, and religious symbols like crosses or images of the Virgin of Guadalupe often adorn living spaces. Mealtimes are cherished moments, with homemade dishes like tamales or mole served during gatherings. Respect for elders
is paramount, and celebrations often spill into the home with music, laughter, and a strong sense of community.
Canadian home customs reflect a blend of warmth, practicality, and multicultural influence. It’s common to remove shoes at the entrance to maintain cleanliness, and guests are often greeted with friendly hospitality—sometimes with
coffee, tea, or snacks. Respect for privacy and personal space is valued, so knocking before entering a room is considered polite. Recycling and environmental consciousness are widespread, with separate bins for waste, compost, and
recyclables. Mealtimes are typically informal and family-oriented, with dishes reflecting diverse cultural backgrounds. Celebrations like Thanksgiving and Canada Day often involve home gatherings, and homes are generally cozy, with
central heating and seasonal décor reflecting the country’s changing climate.
American home customs reflect a blend of individualism, comfort, and practicality shaped by diverse cultural influences. It’s common to remove shoes indoors, especially in colder regions, and guests are often greeted with
warmth—sometimes with coffee, snacks, or casual conversation. Open-plan living spaces encourage family interaction, and features like central air conditioning, large refrigerators, and walk-in closets highlight a preference for
convenience and spaciousness. Punctuality and privacy are valued, with knocking before entering rooms considered polite. Recycling is widely practiced, and home offices have become standard with the rise of remote work. Front porches,
basement conversions, and pet-friendly designs add to the unique character of American homes, reflecting a lifestyle that prioritizes comfort, flexibility, and personal expression.
South American home customs are vibrant and diverse, shaped by indigenous heritage, colonial influences, and strong family ties. Hospitality is central—guests are warmly greeted, often with cheek kisses or hugs, and offered
refreshments like coffee or local treats. Shoes are commonly removed indoors, and homes may feature altars or religious symbols reflecting deep spiritual traditions. Mealtimes are cherished social events, with dishes like empanadas,
ceviche, or feijoada served during lively gatherings. Celebrations such as Carnaval and Inti Raymi often spill into the home with music, dancing, and colorful decorations. Respect for elders, communal living, and a relaxed approach
to time reflect the continent’s emphasis on connection, warmth, and cultural pride.
Middle Eastern home customs are deeply rooted in hospitality, respect, and tradition. Guests are warmly welcomed with greetings and often offered Arabic coffee or tea, sometimes after polite refusals to show humility. Shoes are
typically removed before entering to maintain cleanliness, and seating arrangements may reflect hierarchy or guest status. Homes often feature separate areas for guests and family, with ornate décor, plush carpets, and sometimes floor
seating. Religious and cultural symbols, such as family Qur’ans or prayer spaces, are common, and it’s considered respectful to avoid showing the soles of one’s feet when seated. Meals are generous and communal, with hosts encouraging
guests to eat more—leaving a small amount on the plate signals fullness. Compliments are appreciated but often followed by the phrase “Mashallah” to ward off envy. These customs reflect the region’s emphasis on generosity, modesty,
and strong familial bonds.
Saudi Arabian home customs are deeply rooted in Islamic tradition, hospitality, and cultural etiquette. Guests are warmly welcomed with Arabic coffee (qahwa) and dates, often served in ornate cups as a sign of respect. Shoes are
removed before entering to maintain cleanliness, and seating may be arranged to honor elders or distinguished visitors. Homes often feature separate areas for men and women during gatherings, and religious elements like prayer rugs
and Qur’anic verses are commonly displayed. It’s customary to avoid showing the soles of one’s feet when seated, and modest dress is appreciated. Meals are generous and shared communally, with hosts encouraging guests to eat
heartily—leaving a small amount signals satisfaction. These customs reflect Saudi Arabia’s emphasis on dignity, generosity, and spiritual devotion.
African home customs are incredibly diverse, reflecting the continent’s rich tapestry of cultures, environments, and traditions. Across many regions, homes are built using locally sourced materials like mud, clay, thatch, and wood,
often in circular designs that promote communal living and natural ventilation. Hospitality is central—guests are warmly welcomed with greetings, food, or drink, and respect for elders is deeply ingrained in household interactions.
Family altars, spiritual symbols, and communal courtyards are common, serving both religious and social functions. In rural areas, homes may be constructed collectively by the community, reinforcing social bonds, while urban dwellings
increasingly blend traditional aesthetics with modern architecture2. These customs reflect Africa’s enduring values of unity, respect, and cultural pride.
South African home customs reflect the country’s rich cultural diversity and strong sense of community. Hospitality is central—guests are greeted warmly, often with handshakes, smiles, or cheek kisses depending on the cultural
background, and offered tea, coffee, or snacks. Shoes are typically removed at the entrance in many households, and respect for elders is shown through greetings, seating arrangements, and attentive behavior. The concept
of Ubuntu—“I am because we are”—shapes social interactions, emphasizing compassion and mutual support. Meals may be formal or traditional, with dishes like pap and braaied meat often eaten communally, sometimes with hands.
Homes are generally tidy and modest, with décor reflecting ethnic heritage, religious beliefs, or modern urban influences. Quiet hours, especially on Sundays, are respected, and bringing small gifts when visiting is appreciated.
These customs highlight South Africa’s blend of tradition, warmth, and multicultural pride.
Europe’s housewarming traditions are steeped in gastronomical symbolism, where food becomes a heartfelt expression of goodwill and prosperity. Across the continent, guests bring edible gifts that represent abundance, joy,
and protection—from bread and salt in Russia and other Slavic regions, symbolizing sustenance and flavor, to France’s pendaison de crémaillère, a celebratory meal honoring those who helped complete the home. These customs extend
to offerings like wine for happiness, sugar for sweetness, olive oil for health, and candles for warmth and light. Each item carries cultural meaning, reflecting Europe’s deep-rooted belief that food transcends nourishment to
embody love, luck, and communal connection.
In French-speaking countries, the housewarming tradition known as pendaison de crémaillère—literally “hanging of the chimney hook”—has its roots in medieval times, when the final step in building a home was installing
the metal hook used to suspend cooking pots over the hearth. Once the hook was in place, it signified the home’s completion, and the new homeowners would host a communal meal to thank everyone who helped with the construction
or preparation of the house. Though modern kitchens have replaced open hearths, the spirit of the tradition endures: gathering loved ones around food to celebrate new beginnings and express gratitude remains central to the
crémaillère celebration.
In Russia and other Eastern European cultures, offering bread and salt to new homeowners is a symbolic tradition that conveys wishes for a life filled with sustenance, flavor, and prosperity. Bread represents the essentials of
life and nourishment, while salt—once a valuable and rare commodity—signifies longevity, preservation, and richness. Presented on an embroidered cloth or decorative tray, this gesture is often part of a formal housewarming ritual,
expressing heartfelt hopes that the new home will always be abundant, welcoming, and filled with meaningful experiences.
In Chinese culture, one of the most prominent housewarming customs involves meticulous preparation rooted in Feng Shui and the Chinese almanac. The move must be scheduled on an auspicious date that aligns with the family’s zodiac
signs and cosmic energies to ensure harmony and prosperity2. It’s considered essential to begin the relocation before noon, as moving later in the day is believed to invite misfortune or disrupt the household’s energy flow. Before
any belongings enter the home, all windows and doors are opened to allow fresh air to circulate and revitalize the qi, or life force, within the space. This ritual sets the tone for a balanced and flourishing new chapter, blending
spiritual intention with practical tradition.
In China, gifting a teapot during a housewarming is a meaningful tradition that symbolizes family unity, harmony, and peaceful beginnings. More than a practical item, the teapot represents the warmth of shared moments and the
hope for a balanced life in the new home. As steam rises from its spout, it metaphorically carries wishes for joy, serenity, and togetherness. Rooted in centuries of tea culture, this gesture reflects the deep reverence for
hospitality and connection that defines Chinese customs surrounding new beginnings.
In some parts of China, a fascinating tradition involves a husband carrying his pregnant wife over burning coals—either when moving into a new home or after conception—as a symbolic gesture to ensure a smooth and painless labor.
This ritual is deeply spiritual and reflects the husband's devotion, suggesting that he shares in the challenges of pregnancy and childbirth. Walking barefoot over the hot coals is seen as a test of love, strength, and commitment,
and in some interpretations, it’s also believed to ward off misfortune or natural disasters. Though rare and considered unusual by outsiders, the practice highlights the cultural emphasis on family unity, resilience, and the
sacredness of new beginnings.
In Japan, the tradition of mochitsuki—the rhythmic pounding of sticky rice to make mochi—is a cherished ritual often associated with celebrations, including housewarmings and New Year’s festivities. This labor-intensive
process not only produces a beloved treat but also symbolizes the sweetness of home, familial bonds, and enduring relationships. The act of pounding mochi with an usu (mortar) and kine (wooden mallet) is deeply communal,
bringing together family and friends in a shared experience that honors tradition and togetherness. Sharing the freshly made mochi becomes a heartfelt gesture of hospitality, reinforcing the joy of a new beginning and the
importance of nurturing connections in one’s new home.
In Thailand, the Khuan Ban Mai housewarming ritual—literally meaning “going up into a new house”—is a deeply spiritual ceremony that blends Buddhist beliefs with Thai cultural values to bless a new home and its inhabitants.
Typically, an odd number of monks, often nine for good luck, are invited to chant purifying prayers, sprinkle lustral water, and mark the doors with white paste to ward off evil spirits and invite prosperity2. The monks also
tie sai sin (holy white threads) around the wrists of family members and the home’s Buddha image, symbolizing protection and spiritual connection. After the blessings, a communal feast follows, featuring auspicious Thai dishes
and desserts that represent wealth, longevity, and harmony. This ceremony is not only a rite of purification but also a joyful gathering that strengthens family bonds and marks the beginning of a new chapter.
In India, breaking a coconut during a housewarming ceremony is a powerful spiritual act that symbolizes the shattering of ego, negativity, and old obstacles to welcome purity, prosperity, and divine blessings into a new home.
The hard shell represents challenges, and the act of breaking it is seen as a gesture of surrender to the gods and a prayer for peace. Rooted in Hindu tradition and mythological teachings—like those of Adi Shankaracharya—it’s also
believed to be a bloodless offering to the divine, with the coconut’s three dark spots symbolizing Brahma, Vishnu, and Shiva, and the water inside representing the soul’s purity.
While not widely documented as a mainstream tradition, some Brazilians are believed to throw a key into a river or body of water when moving into a new home, symbolizing the release of past burdens and the unlocking of new
beginnings. This poetic gesture resonates with broader Brazilian customs that honor transition and renewal—like New Year’s Eve offerings to Iemanjá, the sea goddess, where people cast flowers and symbolic items into the ocean to
seek protection and prosperity. Whether literal or metaphorical, the act of discarding a key embodies letting go, cleansing the spirit, and inviting fresh energy into one’s life journey.
In many Native American traditions, burning sage—known as smudging—is a sacred ritual used to cleanse a new home of negative energy and invite harmony, balance, and spiritual protection. The smoke from the sage is believed to
carry away unwanted influences, purify the space, and create a welcoming environment for positive energy and intentions. This practice is deeply rooted in spiritual beliefs and varies among tribes, with some also incorporating prayers,
offerings, and specific ceremonial directions during the ritual2. Smudging is more than just a symbolic act—it’s a meaningful way to honor the land, the ancestors, and the transition into a new chapter of life.
In Hawaii, presenting a pineapple as a housewarming gift is a heartfelt tradition that embodies the island’s spirit of hospitality, warmth, and community. More than just a tropical fruit, the pineapple has long symbolized a
gracious welcome—its golden exterior and sweet interior reflecting the Aloha spirit that permeates Hawaiian culture. This gesture makes new homeowners feel embraced by their neighbors and connected to the vibrant traditions of
the islands. Rooted in both local customs and broader historical symbolism, the pineapple stands as a cheerful emblem of unity, generosity, and the sweetness of new beginnings.
In the United States, housewarming traditions reflect the country’s cultural diversity and practical spirit. Unlike many global customs steeped in superstition or ritual, American housewarming habits tend to be simple, thoughtful,
and utilitarian. Common gifts include flowers, baked goods, or a homemade casserole—gestures that offer comfort and warmth without ceremony. Neighbors often go a step further by sharing helpful local tips, such as trash pickup schedules,
handyman recommendations, or introductions to nearby residents. These traditions emphasize friendliness, convenience, and a genuine desire to make newcomers feel welcome in their new community.
