Political:

A handful of Chinese officials have called for certain industry players to redeem their interest and principal on their overseas bonds, shortly after the Evergrande crisis, CNN writes.

The Michigan House voted to pass legislation that would prevent local governments from banning short term rentals, The Iosco County News-Herald reports.

Economic:

The newest thing to kill the rental market is not home ownership, Globe St. reports.

As coworking made a comeback during the pandemic, coworking giant We Work made a comeback on the New York Stock Exchange, Urban Land Magazine reports.

Social:

Multifamily and office space’s struggles may serve to reduce available properties even more unless solutions are applied, RE Journals reports.

Technology:

Title insurer First American has invested in a multitude of proptech companies, Inman writes.

Legal:

A real estate investor was indicted on bank fraud and conspiracy to commit bank fraud, The Real Deal reports.

The State Supreme Court in Manhattan has ruled that Aby Rosen, a real estate investor, cannot be held liable for an unpaid ground lease on his Gramercy Park Hotel, Crain’s New York writes.

Environmental:

Many real estate properties are looking into technologies that limit waste, JLL reports.

Professional Development:

Here’s the case for a shorter work week.