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Home sales in Italy show Milan soared, Rome stagnated

Bloomberg Milan and Rome were the best and worst major Italian cities for home sales last year, revealing a widening economic gap between the country’s capital and its financial center. Residential transactions jumped 13.4 percent in Milan last year, while sales in Rome increased 0.8 percent, according to data released by the Ministry of Economy. Sales nationally picked up 6.5 ...

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Perth looks up to Asian buyers as home prices drop

Bloomberg As forest fires shrouded Singapore in a blanket haze last year, CBRE Group Inc.’s Lloyd Jenkins, sat down with a group of high-level property investors at the city state’s five-star Fullerton Hotel and showed them pictures of white beaches and clear, blue skies. This is Perth, he said, and there’s a lot of opportunity. Jenkins, managing director at CBRE ...

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Does spending money better schools?

Bloomberg It has become an article of faith among education reformers that throwing more money at public education doesn’t improve student performance. But a steady drumbeat of careful research studies is calling this into question. What if more money really does work? The case against spending more on schools comes in two basic forms. One is to look at various ...

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