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A man in Japan who earned 140 million yen (US$900,000) by renting out 200 run-down houses has attracted widespread online attention for his investment strategy. Hayato Kawamura, 38, from Osaka on the island of Honshu, has been fascinated by houses since childhood, according to Rakumachi, a Japanese real estate outlet. He enjoyed watching the city’s diverse houses from a mountaintop observation deck when he was a young boy. During his student years, Kawamura developed a passion for real estate, even making property visits a regular part of his dates with his girlfriend. Although he could not afford to buy houses at the time, he spent all his free time learning about real...

From sky-high prices to rooms with barely enough space to breathe in, the rental market can be absolutely brutal. But how would you feel about moving into a cupboard under the stairs – much like Harry Potter – for less than £200 per month? This isn’t a theoretical scenario: it’s an actual CraigsList listing in San Jose, California, where the current tenant is looking for the company of a ‘nice nerdy gamer’ to live under his stairs for £192 ($250). Minecraft stans, assemble. Measuring just 3ft by 10ft, the advertised area is currently without a door. However, the listing says the nook ‘can be blocked off with some jury-rigging’...

From nightmarish landlords to sky-high prices, the London renting market is notoriously hellish. It’s still markedly expensive to live in the Big Smoke, with average rents reaching £2,121 per month in April 2024, according to statistics from Zoopla. Now, the owner of one central London flat is letting housemates with lower incomes choose their own rent, offering up a ‘pay what you can’ deal. Rupert Hunt, the founder of flatsharing website SpareRoom, is searching for a new housemate to join him at his home in Spitalfields in East London. So, what inspired Rupert to allow potential flatmates to choose their own rental terms? When he started his business, the...

A dog owner had to give away his beloved pet to avoid being homeless after he failed 60 times to get a home to rent. James Strauch, 42, said he eventually started offering landlords £1,000 deposit to let him rent with his four-year-old Labrador mastiff cross, Bruno. But after eight months of searching and weighing up whether to be "homeless with a dog", James, from Rhyl, Denbighshire, made the tough decision to give Bruno up. Dogs Trust said around 15% of the animals left at its shelters were there because the owners had changed accommodation, but the National Residential Landlords Association said bad tenants with pets cause additional risk for landlords. James, a maintenance...

Sleep here at your own risk. The infamous house from the 1982 horror classic “Poltergeist” is being transformed into an Airbnb, available to rent by supernatural-obsessed fans. The home, built in 1979, is located in Simi Valley, California.   (The “Poltergeist” house in Simi Valley, California.Google Maps) It sold Friday for $1.28 million, the Zillow listing confirms. The new investor, who is from Los Gatos, Calif., allegedly wants to turn the four-bedroom, three-bathroom home into an Airbnb that will replicate the iconic movie’s set.   (4267 Roxbury Street.Shad Yassini no22media)   (Craig T. Nelson, Heather O’Rourke, Jobeth...

Chinese actress Fan Bingbing has reportedly rent an apartment on Barker Road in Hong Kong’s upscale neighborhood The Peak for HK$650,000 (US$83,414) monthly. According to Dimsum Daily, the residence encompasses over 5,000 square feet (465 square meters) and offers panoramic 180-degree views of Victoria Harbour. It includes five bedrooms, four bathrooms, nearly 1,000 square feet of garden space, and an expansive terrace exceeding 1,000 square feet. Sources reveal that Fan successfully acquired Hong Kong residency after nearly a decade of pursuing it through investment immigration. Barker Road is renowned not only for its breathtaking views but also for its exclusivity and privacy,...

For the first time ever, Prince fans have the opportunity to spend a night in the house used in the legendary musician’s Purple Rain film. The late musician, who passed away at the age of 57 in 2016, purchased the Minneapolis home a year before his death. Although Prince never lived there, his character ‘The Kid’ – a musician and band leader with a rocky life – from the 1984 film called it home on screen. While it has been closed to the public for the last nine years, the house has been newly refurbished and restored to celebrate 40 years since the release of the iconic film. The Purple Rain House’ is hosted by musicians Wendy Melvoin and Lisa...

Cristiano Ronaldo is the highest-paid athlete in the world - so naturally can afford to spend eye-watering sums on places to live. When he and Georgina Rodriguez swapped Manchester for Saudi Arabia they moved into a hotel temporarily.     (Their new luxury apartment spanned two floors.Credit: FOUR SEASONS HOTEL RIYADH)   (It had incredible views of the city.Credit: FOUR SEASONS HOTEL RIYADH)   This was not any normal hotel room, however, it was a £250,000 per-month luxury suite at the Four Seasons in capital city Riyadh. That probably wasn’t a figure he baulked at, though, considering he is being paid £173million-a-year at Al Nassr. He and...

A well-known residence that seemingly vanishes into its surroundings just popped up for rent in Joshua Tree, CA. The concealed casa blends so well into its rocky environs that a potential renter may have to squint to see it. Known as the “Invisible House,” the mirrored residence was designed by film producer Chris Hanley and Frank Gehry collaborator Tomas Osinski. Now available to rent for $95,000 a month, the three-bedroom home measures in at 5,470 square feet and sits on a 67.5-acre lot of desert landscape. It’s served as a rental in the past. Famous short-term residents include Demi Lovato, who stayed over for a long weekend in 2020. Back then, the going rate was...

These well-heeled tenants could easily afford to become homeowners, but they’d simply rather not. For most Americans, it’s finances that keep them from purchasing property — but among the extremely wealthy elite, for whom money is hardly an object, there is a growing preference towards renting instead of buying. Over the past 15 years, the number of households in the top 5% of net worth has almost doubled, to close to 5%, the Wall Street Journal reported based on the Federal Reserve’s Survey of Consumer Finances.   (High interest rates are one reason for renting’s newfound appeal to the wealthy elite.Dariusz Jarzabek –...