Ariana Gifford didn’t think things could get much worse when the Christchurch quake traumatized her children and smashed possessions. Three years on, she’s struggling to make ends meet after a 30 percent jump in rent.
Treasuries fell for a fourth day, while oil and the dollar rose after stronger-than-forecast jobs growth fueled optimism in the American economy. U.S. stocks were little changed as Russia said it may cut Ukraine’s gas supplies.
Lar Espana Real Estate Socimi SA, a company that plans to buy distressed property in Spain, rose on the first day of trading in Madrid on expectations it will benefit from a recovery in the country’s real estate market.