Paulina Cachero
@PaulinaCachero
🇵🇭 Writing for @business @wealth | views are my own | 📧 [email protected] | Signal: pcachero_reports.72
American households already have $17.5 trillion in debt. But there’s billions more “phantom debt”—and no one knows how much. @PaigeSmithNews and I dive into the "Buy Now, Pay Later" industry and why it's a worrying blind spot for the economy @business bloomberg.com/news/articles/…
Women who donated eggs to a disgraced insurance tycoon say he conned them out of parental rights and payments — and that US fertility clinics helped him do it. A gripping investigation from @sooo__phie and @jackiedavalos1 bloomberg.com/news/features/…
Financial advisers say there are three key ways to give your kids real estate — as well as three mistakes that could turn this wealth-building launchpad into a potential landmine. @PaulinaCachero breaks it all down bloom.bg/4kRIUB0
Behind Douglas Elliman’s luxury listings and reality TV polish lies a different story — one of toxic workplace culture, power imbalances, and silence. @jeneps @isabella_farr and I spoke with over 30 insiders who helped pull back the curtain bloomberg.com/news/articles/…
Compass is privately listing thousands of homes for sale outside public MLS— and it's sparking a showdown with the biggest companies in real estate. The fight? Control of housing info. The stakes? How Americans buy & sell homes. w/ @jeneps & @pat_clark bloomberg.com/news/features/…
The cost-slashing campaign by Donald Trump and his billionaire ally Elon Musk is expected to throw a wrench into the economic engine that built modern Washington. My latest for @economics bloomberg.com/news/features/…
Expensive Manhattan neighborhoods like the West Village were once dominated by hedge funders or Hollywood stars. But these days, it’s the child of one. I wrote about the nepo-housing boom dominating New York City for @business @wealth bloomberg.com/news/articles/…
Incredibly proud of our @NYNewswomen winners, @KatrinaManson @avabmorrison @PaulinaCachero @franmagliones, and the incredible work they’ve been recognized for!
SCOOP with @jeneps and @isabella_farr: Douglas Elliman is weighing a plan to remove Stephen Kotler, CEO of brokerage for the western region, from the firm’s leadership ranks bloomberg.com/news/articles/…
US homebuyers contending with the highest borrowing costs in eight months are seeing mortgage rates rise past a psychological barrier that risks complicating purchase decisions even more bloomberg.com/news/articles/…
NEW with @sridinats: Real estate brokerage Douglas Elliman is facing questions from the Justice Department over Oren and Tal Alexander, the former star agents arrested this month on charges of sex trafficking. bloomberg.com/news/articles/…
It was New York real estate’s worst kept secret. The glamor and prestige of the Alexander Brothers’ career in luxury real estate masked a darker world. Prosecutors claim the Alexanders and another brother had of a pattern of rape and sexual assault bloomberg.com/news/articles/…
Well you might see a familiar face on the @Forbes 30 Under 30 media list. Thank you to EVERYONE who has been on this journey with me - this year has been so tricky for many of us, but after the storm the flowers bloom 🌷 #Forbes30Under30
Manhattan apartment rents climbed in October to the highest level in three months, rising to prices normally seen during the market’s busier months bloomberg.com/news/articles/… via @wealth
NEW: New York renters will no longer be on the hook for costly broker fees when signing a new apartment lease, under a measure passed by the city council bloomberg.com/news/articles/… via @wealth
Co-ops were largely overlooked in recent years in favor of newer condos with splashy amenities. New Yorkers who had initially written off co-ops are taking the leap, finding appealing apartments and sellers who are primed to negotiate on price. @wealth bloomberg.com/news/articles/…
Buying a house usually means years of monthly payments to a bank. But the terms are surprisingly negotiable — and trading your existing rate for a lower one can save you thousands of dollars. Everything you need to know about refinancing your mortgage ⬇️⬇️ bloomberg.com/features/2024-…
Move over cash buyers. A higher percentage of house hunters are using mortgages to fund purchases in Manhattan’s market, driving sales up for a second straight quarter. bloomberg.com/news/articles/… via @wealth
A lawsuit by a coalition of Asian Americans and a conservative activist banned colleges from considering race in admission. Early data shows Black students were hurt most often, with no uniform gains for Asian Americans either. w/ @franmagliones, @PaulinaCachero & @raeedahwahid
Universities across the US are starting to release demographic information for the first class admitted after the Supreme Court barred affirmative action. Here's how enrollment changed. 🔗🎓🔵🔵🔵: bloomberg.com/news/articles/…
Career update: I'm stoked to be covering New York's residential real estate market for @business for the rest of the year! While I've covered some stories for our personal finance team, I'm still new to the beat. So please share all your tips and ideas at [email protected]
Financial frauds are exploding across the country as criminals target the record wealth controlled by elderly Americans bloomberg.com/graphics/2024-… via @bbgvisualdata
