The Great American Single-Family Home Problem

BERKELEY, Calif. — The house at 1310 Haskell Street does not look worthy of a bitter neighborhood war. The roof is rotting, the paint is chipping, and while the lot is long and spacious, the backyard has little beyond overgrown weeds and a garage sprouting moss.

The owner was known for hoarding junk and feeding cats, and when she died three years ago the neighbors assumed that whoever bought the house would be doing a lot of work. But when the buyer turned out to be a developer, and when that developer floated a proposal to raze the building and replace it with a trio of small homes, the neighborhood erupted in protest.

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Retail Sector Remains Bright Spot of Bahrain’s Property Market

With positive government interventions to bring in more investors and diversify Bahrain’s real estate market, retail remains a significant area of growth in the Kingdom’s property sector. The renewed confidence amongst retail occupiers and retail developers is especially reflected in the fact that retail rents have remained stable over the last six months, according to leading international real estate consultancy, Cluttons.

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