At least 20 Asian immigrant families in Brooklyn, New York, are facing eviction after falling victim to a $4 million housing fraud from their building’s real estate developer. Brooklyn real estate developer Xihui “Steven” Wu falsely claimed he had the right to sell individual apartment units to the families. After […]
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Billionaire real estate developer Jay Bloom says the housing ‘boom’ is caused by supply chain interruptions, low-interest rates and ‘foreclosure moratorium’ due to the pandemic. Billionaire real estate developer Jay Bloom warned consumers Thursday the housing industry is getting hit by the “perfect storm.” “We’re in the middle of a […]