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Added on the 14/03/2022 06:18:21 - Copyright : AFP EN
The price of US housing in the third quarter of 2020 saw the biggest year-over-year jump since 2013. Markets Insider reports the median price for a single-family home rose 12%, mainly fueled by record-low mortgage interest rates. But there's a downside: Not every American is benefitting from the rally. In fact, Q3 saw the proportion of first-time homebuyers drop to just 31%. That's the lowest share in over 30 years. As home prices significantly outpace median family income growth, more Americans have been pushed out of the housing market and have had to delay homeownership.
According to David Beckham, the one "silver lining" from the UK's current lockdown is that it's allowed him to spend more time with his family.
Volkswagen presents the new ID. Buzz GTX- The electric Bulli equipped with a powerful performance drive system will in future be available with two wheelbases, two battery sizes and a choice of 5-, 6- or 7-seater. It also comes with standard 4MOTION all-wheel drive for optimum pulling power and traction in every driving situation.The new ID. Buzz GTX is equipped with two electric motors – both together form all-wheel drive. The top speed of the GTX models is electronically limited to 160 km/h. The ID. Buzz GTX is characterised by an individualised front end. A bumper in GTX styling with a black air intake grille in honeycomb design and new side air guide elements also ensure a dynamic, distinctive appearance. New daytime running lights are integrated into the bumper on the left and right. Volkswagen has also customised the interior equipment. Dark tones underline the sporty character of the most powerful ID. Buzz. For example, both ID. Buzz GTX versions are the only models in the product line to be equipped with a black headliner. The seats also feature the specific GTX design.
Mazda’s iconic “World Car Design of the Year”-winning roadster has evolved over the years, yet always remained true to the Jinba Ittai philosophy of creating perfect harmony between driver and car. The MX-5, a timeless masterpiece – refined by Mazda’s craftsmen over four generations of customer feedback – celebrates its 35th birthday in 2024. With over 1.1 million units sold, the community of MX-5 enthusiasts continues to grow.With the 2024 MX-51 Mazda further reinforces the Jinba Ittai ethos by introducing DSC-Track, a new Dynamic Stability Control (DSC) mode optimised for circuit driving, and a newly developed Asymmetric Limited Slip Differential (Asymmetric LSD).DSC-Track prioritises driver safety by implementing over-steer control in hazardous spins that the driver is unable to correct. DSC-Track allows the driver to remain in control until the very last second, only then it will intervene. The Asymmetric Limited Slip Differential (Asymmetric LSD) stabilises vehicle turn-in behaviour. In particular, bolstering the slip-limiting force during deceleration improves stability when braking into a turn, where reduced rear wheel ground load leads to vehicle instability. Optimizing slip limiting force and preload specifically for the MX-5's engine, suspension, and tyre characteristics results in smoother and more linear turning performance. Turning stability has thus been enhanced to make manoeuvring easier in urban areas, as well as on winding roads.The 2024 Mazda MX-5 features advanced LED headlights that now seamlessly combine with the daytime running lights. Furthermore, the rear lights have undergone subtle revisions, and LEDs are now used also on the turn signals. The exterior changes are complete with a new paint option, "Aero Grey Metallic", which replaces “Platinum Quartz”, and 16- and 17-inch wheel designs.Enhancements for 2024 also extend to the interior, which gains a redesigned 8.8-inch centre display with Android Auto and Apple Car Play running wirelessly, a frameless rear-mirror and a suede-like seatmaterial called Leganu.
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Attending world leaders and delegates pose for a family photo during the United Nations Climate Change Summit COP28 in Dubai. IMAGES