By Ed Frankl Shares of Scout24 SE rose on Thursday after raising its forecast for 2022 as German property developments boosted demand on its ImmoScout24 platform. At 09:30 GMT, the action rose 4.4% to 60.14 euros. The German digital market raised its revenue growth targets to 13%-15% from the upper limit of the previous forecast […]
Liz Truss’ proposal was that local councils should set the salaries of government employees based on where they live, which would drive down salaries for civil servants outside wealthy areas like London and the South East. But the poorest cities in the North, West Midlands and Wales are seeing the biggest reductions in real wages, […]
Opaque property laws that make it easier for homeowners to avoid paying taxes are worsening a nationwide housing crisis fueled by inflation and a shortage of low- and middle-income housing. Limited Liability Companies – or LLCs – are a common way for landlords to own the real estate on which they can charge rent. But […]
Developed by Guocoland Limited, Lentor Modern is a Singapore-based property developer that offers exceptional quality products for a tranquil environment. Lentor Central, Singapore, Aug. 02, 2022 (GLOBE NEWSWIRE) — Lentor Modern is a Singapore-based property developer, developed by Guocoland Limited, working for decades and offering exceptional quality products for a tranquil environment. Lentor Modern is […]
Uber recorded its first-ever positive cash flow quarter, having spent $25 billion since its founding 13 years ago in the rush to expand globally. The loss-making Silicon Valley group, which has relied on heavily subsidized rides to disrupt the global taxi industry, said it generated free cash flow of $382 million in the three months […]
A package of six appropriations bills passed by the House of Representatives late last month included language allowing the Federal Housing Administration (FHA) to continue insuring home equity conversion mortgages (HECM). This is according to an announcement from the National Reverse Mortgage Lenders Association (NRMLA) and the wording of the legislative package as reviewed by […]
By Nicole Goodkind and Julia Horowitz, CNN Business If you’re reading this, it means you survived the busiest week of summer. Congratulations. The last week of July arrived with an overwhelming confluence of economic data, income reports, Federal Reserve announcements and spending agreements in Congress. The impact of the past seven days will reverberate over […]
By Express press service HYDERABAD: About 1,500 customers of Sahiti Infratec Ventures Pvt Ltd (SIVPL) tried to approach the police to complain about not being given their promised dream homes they had paid for in 2019 under the bid pre-launch of ‘Sahiti Saravani Elite’ at Ameenpur.TTD Board Member Lakshmi Narayana Bhoodati is the Managing Director […]
IIt’s finish. An era of steadily rising house prices spurred on by cheap money is coming to an end. Central banks have created a colossal housing boom and they will soon have to deal with the consequences of the bursting of the bubble. In China, this is already the case. Banks in the world’s second-largest […]
When the nation’s largest publisher, Penguin Random House, reached a deal in the fall of 2020 to acquire rival Simon & Schuster, publishing executives and antitrust experts predicted the merger would draw scrutiny from the from government regulators. The merger would radically change the literary landscape, reducing the number of major publishing houses – known […]
Sen. Joe Manchin reached a surprise deal with Senate Majority Leader Chuck Schumer on Wednesday. The deal, which would dedicate billions to climate spending, is offset by targeted taxes. One of these tax changes closes a loophole available to real estate investors. Loading Something is loading. A surprise spending deal by Democrats could lead to […]
HOME prices continue to soar, despite the cost of living crisis, according to the latest figures. According to the UK House Price Index, average values in Renfrewshire and East Renfrewshire have seen double-digit increases in just 12 months. The average value of a home in Renfrewshire in May was £150,865, up more than £13,000 from […]
– Expands Glass House’s wholly-owned dispensary footprint to four. – Including the acquisitions of The Pottery and NHC, Glass House aims to add 7 new dispensaries in the second half of 2022, bringing its total retail footprint to 10 stores. LONG BEACH, Calif. and TORONTO, July 28, 2022 /CNW/ – Glass House Brands Inc. (“Glass […]
As the Federal Reserve announced another 75 basis point interest rate hike on Wednesday, loan officers and loan officers – already well aware of the news – looked ahead, wondering if rates mortgages would rise or fall thereafter. Even economists are divided on what will happen: some believe that rates have already peaked; others say […]
JP Morgan Asset Management announced that the SEC had declared JP Morgan Real Estate Income Trust Form S-11 effective, triggering the IPO. According to the prospectus, the IPO will offer up to $5 billion in common stock, including $4 billion in main offering shares and $1 billion in plan shares. reinvestment of distributions. There are […]
This year’s recession has impacted the housing market, sending prices skyrocketing in Iowa City. Real estate agents say buyers face fierce competition. Note: This is part four of a series detailing the effects of the impending recession on Johnson County. Home prices in the Iowa City area have risen rapidly over the past year. Realtors […]
Franklin Templeton Mutual Fund is launching a new program after a two-and-a-half-year hiatus. The fund house has received approval from Sebi to launch a balanced benefit fund. This will be Franklin Templton’s first product offering after facing harsh weather following its decision to shut down six debt programs in 2020. FIBAF is a dynamically managed […]
In US economic data, the Chicago Federal Reserve’s National Activity Index was flat at -0.19 in June (survey: -0.03). And the Dallas Federal Reserve Manufacturing Index fell from -17.7 to -22.6 in July (survey: -22). European stock markets were mixed on Monday. The pan-European STOXX 600 index rose 0.1% with the banking sector up 1.7%. […]
Three-lane expansion of Coldwell Banker Village Green Realty KINGSTON, NY, July 25, 2022 /PRNewswire/ — Amid a changing real estate landscape, Coldwell Banker Village Green Realty has opened a new location at 5 Hudson Street in Kinderhook, NY. While other investor-focused real estate brands with shorter histories, a focus on unconventional business practices and plummeting […]
Question 1. I’m 64 now and retiring at 67. I have an investment property with a net worth of $300,000. What will be the best option – either keep the property until retirement or sell it now and top up my super? In making this decision, several factors must be considered. Cash, taxes and capital […]
An experienced real estate expert based in Monaco, Michele Tecchia’s blog is for anyone who wants to learn about commercial real estate investing. MONACO, July 23, 2022 /EINPresswire.com/ — Renowned real estate guru Michele Tecchia is pleased to announce the launch of his new blog, created to educate and inform those interested in learning more […]
Many economists believe that the United States (and much of the world) will fall into recession later this year. The main cause will be inflation. Radical solutions have been suggested. Larry Summers, a prominent economist who served as Secretary of the Treasury and President of Harvard, recently told Bloomberg, “The right thing to do is […]
In late spring, the Consumer Product Safety Commission (CPSC) hosted a roundtable for interested parties to discuss the equity action plan it released on January 20, 2022.1 In hosting the public forum, CPSC sought to “give the public an opportunity to discuss steps the agency can take to better address existing racial disparities in rates […]
The nation’s largest homebuilder said 24% of its contracts failed in its most recent quarter. Homebuyers retreated amid rising mortgage rates and market uncertainty. To counter the slowdown, homebuilders are offering more incentives and reducing production. Loading Something is loading. A growing number of potential buyers are foregoing offers for newly built homes as they […]
FreedomWorks Chief Economist Steve Moore provides insight into falling inflation, rising King Dollar value and future economic concerns on “Kudlow”. Soaring house prices are expected to continue fueling soaring inflation this year, deepening a political crisis for President Biden and create new challenges for the Federal Reserve as it attempts to cool prices without tipping […]
Since the start of the pandemic, the average house price in the UK has risen from £217,911 to £270,452, an increase of 24.1% Much of this growth has been fueled by the pandemic-induced “race for space” as many people have sought more space (inside and outside their homes), a change in lifestyle or a move […]
Comment this story Comment Several important macroeconomic questions intrigue economists, the Federal Reserve and everyone else. Why is inflation so hot? What’s behind soaring home prices? And why is it so difficult for companies to find workers? There is no single answer, of course, and there are a few believable ones. Supply shortages, strong consumer […]
Now may not seem like a very attractive time to own real estate in the warehousing, distribution, or manufacturing sector. Not only have the past two years turned real estate, of all areas, into an incredibly uncertain investment, but the Federal Reserve is also in the midst of a series of interest rate hikes that […]
By Holly McGuinness The latest report from the Real Estate Institute of Victoria (REIV) found that median house prices in Brimbank have mostly risen in the last quarter, with the exception of traditionally more expensive suburbs such as Keilor Park. Increases were seen particularly in Deer Park and Caroline Springs which both saw an increase […]
:format(webp)/https://www.thespec.com/content/dam/thespec/opinion/contributors/2022/07/18/housing-affordability-at-the-heart-of-inequity/hamilton_views11.jpg)
The housing affordability crisis in Canada is a significant concern, especially for young people trying to buy a home. Extensive international research links tighter land use regulation with reduced housing affordability. Vancouver and Toronto are experiencing significant net migration of people to other markets in British Columbia and Ontario, where housing tends to be less […]
LONDON — American households are in a more comfortable financial position than before the pandemic, but soaring inflation has started to erode those gains, sparking feelings of insecurity and anger over rising prices. Households and nonprofits had liquid assets worth $18.5 trillion at the end of March 2022, up from $14.3 trillion at the end […]
A Mandurah man has been heavily fined after punching a man for ‘getting too involved’ in a property dispute involving his ex-girlfriend earlier this year. Anton Cook, 38, faced Mandurah Magistrates Court on Friday charged with one count of assault causing bodily harm. Lead prosecutor Constable Perst told the court Cook was at a residence […]
For many years the Maltese rental market was constrained by rental regulations. In the years prior to 1995, the Maltese property market experienced excess property demand. This forced owners to rent their vacant property at below market prices or sell their property. Many landlords have followed the second course of action, resulting in a stronger […]
Real estate prices are falling after decades of big returns for investors – and real estate stories and advertisements have also been very profitable for the media in this era. Recent warnings that ‘one-sided betting’ on property could be a thing of the past have grabbed the headlines – but property investors in the media […]
:format(webp)/https://www.thestar.com/content/dam/thestar/news/gta/2022/07/15/pair-charged-in-multimillion-dollar-gta-real-estate-scam/peel_cops.jpg)
A duo from the Uxbridge area have been charged with more than 100 fraud charges for crimes allegedly committed in the Greater Toronto Area. Over the course of nearly two years, the couple allegedly committed fraudulent real estate transactions in multiple jurisdictions. According to a statement from Peel Regional Police, a ‘common theme’ running through […]
For the first time in a very long time, house prices fell thanks to rising mortgage rates and falling tech stock prices. Whether they can drop further will depend on what happened next with those two factors. But for now, at least, the Bay Area’s years-long rise in housing prices has taken a break. Zillow […]
Equity Bancshares (NASDAQ:EQBK – Get Rating) and Old Second Bancorp (NASDAQ:OSBC – Get Rating) are both small cap finance companies, but which is the better company? We’ll compare the two companies based on valuation strength, risk, analyst recommendations, profitability, institutional ownership, dividends and earnings. Profitability This table compares the net margins, return on equity and […]
The cost of buying a home in Canada is starting to drop in the country’s most populated and expensive provinces, while things are starting to heat up in traditionally less popular areas. According to the Royal LePage House Price Survey, property prices in Canada have increased year over year. However, there was a decline on […]
On Wednesday, members of the House Ways and Means Committee agreed that America faces a housing crisis, but found little consensus on why or what to do next. Republicans blamed inflation, which they said was fueled by pandemic government spending, while Democrats put the blame on business owners and experts at the hearing pointed to […]
The early months of the COVID-19 pandemic saw a stock market crash, a unprecedented increase in layoffs and what turned out to be full-fledged, two month recession. More than two years later, a booming job market has been overshadowed by inflation, and an even larger share of voters now believe the U.S. economy is currently […]
david ryder | Getty Images After soaring growth during the pandemic, the U.S. Boismarket housing market is starting to cool — and it’s happening faster along the West Coast. The fastest-cooling real estate market is San Jose, Calif., according to new Redfin analysis, which ranked U.S. metro markets based on median sales prices, year-over-year inventory […]
New figures released by Statistics Netherlands (CBS) reveal that house prices in the Netherlands are rising at one of the fastest rates in Europe, ranking fourth behind Czechia, Estonia and Hungary . House prices in the Netherlands increased by 19.5% in 2021 According to CBS, the prices of new construction and existing properties in the […]
Joining a growing list of shared ownership schemes popping up in Australia, Tasmania’s MyHome scheme is designed to help residents enter the property market sooner by reducing the upfront costs they face. How does MyHome work? MyHome allows you to share the cost of buying a home with the Tasmanian Government. As long as you […]
What’s happening in the market? Three main factors are affecting the current market: higher mortgage rates, low inventory and higher prices. Let’s explore these challenges. Higher mortgage rates According Freddie Mac, the average 30-year fixed mortgage rate has risen more than 2% since the start of the year. This rise is expected to continue as […]
A spacious 11,000 square foot single-family residence nestled among farm fields in Wilkinson, Indiana went on the market last week. From the outside, it doesn’t look like a house at all. But what’s inside the house has the real estate and sports worlds swooning. Half basketball court. Half house. “It’s a real treat,” the listing […]
The country is near the middle of the table among the different Member States, with rents up 25% over the same period. Estonia leads the largest increases, while Cyprus, Italy and Greece saw price declines. Between 2010 and the first quarter of 2022, house prices in the European Union (EU) have risen by 45% and […]
Home prices in popular beachfront locations remain firm as the broader market slows, with some areas even seeing increases, according to new figures. During the recent boom, many vacation hotspots saw price increases that far exceeded those in major cities. Whangamatā, Akaroa, Mount Maunganui, Waihi Beach and Raglan, for example, all saw increases of more […]
Image source: Getty Images Don’t rent-to-own without reading this. Key points Rent-to-own homes might seem like a good idea with rising home prices. You can use a rent-to-own program to get into a home faster. Unfortunately, lease-purchase agreements carry enormous risks. Home prices have risen dramatically in recent years, making home ownership more difficult for […]
One of the consequences of the COVID-19 pandemic has been a significant increase in real estate prices. Prices increased by 13.5% from March 2020 to March 2021 and an additional 20.6% from March 2021 to March 2022, as measured by the Case-Shiller National House Price Index in the United States. This has intensified attention to […]
EverWest Real Estate Investors said it once again added to its New Jersey industrial portfolio with a $37.1 million warehouse acquisition in the Meadowlands. Negotiated as a sale-leaseback, the 117,000 square foot building is fully occupied by Diamond Chemical, one of the nation’s largest privately held cleaning and sanitizing product companies. The property adds to […]
Rising inflation and waning Fed support led to a rapid rate hike. Here’s how you can help customers navigate this new environment. What’s happening in the market? Three main factors are affecting the current market: higher mortgage rates, low inventory and higher prices. Let’s explore these challenges. Higher mortgage rates According to Freddie Mac, the […]
Arizona recorded the second-largest home price appreciation of any state between the first quarters of 2021 and 2022 at 27.5%, with only Florida having a higher figure at 29.8%. The Federal Housing Finance Agency’s (FHFA) Housing Price Index report for the first quarter of 2022 indicated that all 50 states and the District of Columbia […]
Lodging Lodging By Jeffrey Zabel·July 5, 2022 The problem: One of the consequences of the COVID-19 pandemic has been a significant increase in real estate prices. Prices increased by 13.5% from March 2020 to March 2021 and an additional 20.6% from March 2021 to March 2022, as measured by the U.S. National Case-Shiller House Price […]
Real Estate Investors, Google Maps)” width=”705″ height=”439″ srcset=”https://s11.therealdeal.com/trd/up/2022/07/main-NY-Isaac-Hager-asks-judge-to-block-lender-from-bidding-on-the-Tillary-Hotel–705×439.jpg 705w, https://s11.therealdeal.com/trd/up/2022/07/main-NY-Isaac-Hager-asks-judge-to-block-lender-from-bidding-on-the-Tillary-Hotel–500×312.jpg 500w, https://s11.therealdeal.com/trd/up/2022/07/main-NY-Isaac-Hager-asks-judge-to-block-lender-from-bidding-on-the-Tillary-Hotel–250×156.jpg 250w, https://s11.therealdeal.com/trd/up/2022/07/main-NY-Isaac-Hager-asks-judge-to-block-lender-from-bidding-on-the-Tillary-Hotel–768×479.jpg 768w, https://s11.therealdeal.com/trd/up/2022/07/main-NY-Isaac-Hager-asks-judge-to-block-lender-from-bidding-on-the-Tillary-Hotel–124×77.jpg 124w, https://s11.therealdeal.com/trd/up/2022/07/main-NY-Isaac-Hager-asks-judge-to-block-lender-from-bidding-on-the-Tillary-Hotel–273×170.jpg 273w, https://s11.therealdeal.com/trd/up/2022/07/main-NY-Isaac-Hager-asks-judge-to-block-lender-from-bidding-on-the-Tillary-Hotel–401×250.jpg 401w, https://s11.therealdeal.com/trd/up/2022/07/main-NY-Isaac-Hager-asks-judge-to-block-lender-from-bidding-on-the-Tillary-Hotel–1155×720.jpg 1155w, https://s11.therealdeal.com/trd/up/2022/07/main-NY-Isaac-Hager-asks-judge-to-block-lender-from-bidding-on-the-Tillary-Hotel–210×131.jpg 210w, https://s11.therealdeal.com/trd/up/2022/07/main-NY-Isaac-Hager-asks-judge-to-block-lender-from-bidding-on-the-Tillary-Hotel–50×31.jpg 50w, https://s11.therealdeal.com/trd/up/2022/07/main-NY-Isaac-Hager-asks-judge-to-block-lender-from-bidding-on-the-Tillary-Hotel–150×94.jpg 150w, https://s11.therealdeal.com/trd/up/2022/07/main-NY-Isaac-Hager-asks-judge-to-block-lender-from-bidding-on-the-Tillary-Hotel-.jpg 1200w” sizes=”(max-width: 705px) 100vw, 705px”/> Franco Famularo of Ohana with the Tillary Hotel (Ohana Real Estate Investors, Google Maps) Isaac Hager’s Cornell Realty is desperate […]
ANALYSIS of new figures reveals that Eglwysbach was the most expensive area in Conwy to buy a house in last year. Zoopla said the data highlights the location of the housing market in England and Wales, with prices often reflecting the housing stock available in an area. Data from the Office for National Statistics reveals […]
:format(webp)/https://www.thestar.com/content/dam/thestar/business/real_estate/2022/07/04/mortgage-rates-are-rising-but-heres-why-you-wont-see-a-rash-of-canadians-losing-their-homes/housing.jpg)
Canadians will use their credit cards, fall behind on their utilities and juggle car payments. The one thing they don’t do in large numbers is fall behind on their mortgage payments. GTA residents reeling from rising rates and inflation can take comfort in delinquent mortgage numbers that show losing a home to the bank is […]
Image source: Getty Images Here’s how to navigate this important decision, according to an expert. Key points In today’s market, buyers are desperate to buy homes. Despite high demand, it could still be advantageous to hire a real estate agent to sell. In a normal housing market, a relatively quick and painless home sale is […]
/paperwork_458012301-5bfc36d8c9e77c0051826339.jpg)
One of the scariest things about a home equity loan is that the lender has permission to sell your home if you can’t keep up with the payments. In exchange for lending a large sum of money, the financial institution obtains a legal claim to your property and the right to take possession of it […]
Falling property prices will impact lending banks, the Reserve Bank of India (RBI) said in its June 2022 Financial Stability Report. He said that since the financed property is the underlying collateral for home loans, any price fluctuations will have implications for lenders. He said property prices had been subject to shocks and it was […]
Rates fall to 3-week lows. Has the corner been turned? Mortgage rates have been volatile in 2022. Most of that volatility has come in the form of higher rates. The last 2 weeks have been a notable exception. To understand why this happens, we must first consider that higher inflation means higher rates. […]
MIAMI–(BUSINESS WIRE)–Today, Carpe Real Estate Partners, a vertically integrated private equity and real estate development firm, founded by Erik Rutter and David Weitz in 2018, announced a name change to Oak Row Equities. The name change comes as the company continues to mature since its launch in 2018 with property under management now at over […]
National house prices fell for the second month in a row as higher interest rates and unaffordable prices hit housing demand, while rental rates rise at a faster pace than property values. accommodations. Key points: CoreLogic and Prop Track say national home prices fell in June due to rising interest rates CoreLogic says prices fell […]
As you are no doubt aware, housing prices have skyrocketed during the pandemic. The median sale price for existing homes hit $407,600 in May, up 14.8% from May 2021, according to the National Association of Realtors. This marks 123 consecutive months of year-over-year increases, the longest streak of NAR records. Overall, home prices climbed 20.4% […]
The government has introduced new regulations for the construction and sale of homes by property developers. Last week, Prime Minister Mustafa Madbouli presented a set of new rules aimed at regulating the real estate market and protecting consumer rights. The rules set the conditions for the construction of real estate development projects and the sale […]
/cloudfront-us-east-2.images.arcpublishing.com/reuters/S64DWM5225KH3LCLACY7S4QIAQ.jpg)
LONDON, June 28 (Reuters) – The war in Ukraine is making it difficult for even unauthorized Russians to sell exclusive residential properties in Britain, adding to a supply shortage that has helped drive up property prices. housing in prime locations, according to real estate sources. Over the past three decades, Russian oligarchs, Middle Eastern oil […]
In the coming week, a manufacturing PMI in mainland China and the Fed’s favorite consumer price inflation index (CPI) in the United States will be the highlights of the macro data. On Thursday, the main indicator for factory activity in China in June and data for the Personal Consumption Expenditure (PCE) Price Index in the […]
June 26 – EAU CLAIRE – A lawsuit filed by local developers against the real estate arm of the UW-Eau Claire Foundation will continue after a judge ruled on Friday that it should not be thrown out. Blugold Real Estate Foundation has sought the dismissal of the lawsuit, which was filed in January by companies […]
Dream Builders 4 Equity is transforming the Hyde Park neighborhood in northern St. Louis and serving as a model for closing the racial wealth gap. ST. LOUIS – Call it Extreme Makeover, the northern city edition. A house in the Hyde Park neighborhood has just been put up for sale and to say it was […]
It’s easy to want to hide given the carnage seen this year in stocks and bonds, especially with the Federal Reserve vowing an unconditional battle against high inflation. While inflation, which has reached its highest level in 40 years, still tops the list of concerns for many investors, another potential problem for the markets has […]
Prime Gardens is Prescott’s newest addition to his already incredible real estate portfolio. Following the recent success of the last six sold out projects, the property company aims to continue that tradition with the latest addition to its portfolio. Located in Arjan, this fully furnished, personalized and smart apartment complex comprises 140 apartments with 50 […]
Cashing in on the value of their home funded £3billion of outgoings by the over-55s last year, as they used the money to supplement their income and cover day-to-day expenses. It is estimated that one in every £90 spent by pensioners in the country last year was the result of capital release, according to new […]
Australia: End of financial year 2022 It’s time for investors to get their tax house in order and make their resolutions for the new fiscal year as the June 30 deadline approaches. On the data ledger, retail spending, job vacancies and house prices headline the Australian economic calendar. The week begins on Tuesday, when the […]
Despite two years of malaise in the real estate sector, industrial deer (STAG -0.49%) has been a regular performer. In this music video for “Ask Us Anything” on Motley Fool live, recorded on June 14Fool.com contributor Tyler Crowe explains how attractive the industrial REIT is to investors. Tyler Crowe: Right now, their comparable store sales […]
Welcome aboard the train to end the exasperation with skyrocketing real estate prices. A new map of Montreal’s REM (Réseau express métropolitain) showing property prices around each station might temper your dreams of owning a big, train-accessible home. The map, compiled by local broker Charlyse Amoussou (@immocharlyse) using Centris data, lists 2021 and Q1 2022 […]
When Linda and Gary Hansen downsized in 2014, they did pretty well. They sold their 3,300 square foot home in St. Louis for $325,000; trade in for a 1,900 square foot home in Largo, Florida – and bank around $40,000 in the process. They paid in cash, so there was no new mortgage payment to […]
As you have no doubt been informed, global equities are now in a bear market. What happens next? The most excessive speculation has already been washed out of the system. Those who warn against bitcoin and other cryptocurrency bubbles, meme stocks, or growth tech companies owned by the ARK Innovation ETF certainly seem to be […]
Ranchi: The state’s real estate sector has suffered losses to the tune of Rs 30,000 crore due to crippled sand supply since November last year. Builders and traders said on Monday that the cut in the supply of sand had not only led to losses in real estate, but had also damaged the livelihoods of […]
East Londonderry MP Claire Sugden said that selling and rental prices are now “a prohibitive price” for the large number of inhabitants of cities such as Portstewart, Portrush, Castleock and beyond. “This trend has been seen for many years,” said Ms. Sugden. “During the previous boom, property prices here also far exceeded those in the […]
When I grew up in India throughout my childhood, my siblings and I were blessed with a study desk: a simple teak wood desk with a flap on the side to extend the desk if needed. There was a fixed time and a fixed space for studying. Books were to be respected and never placed […]