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The Latest Breaking News on Real Estate

Ban on landlords evicting tenants for no good reason

Tenants would no longer be evicted without a valid reason and face softer penalties for breaking leases in reforms aimed at making life easier for renters.

AAP

Australia’s annual inflation sinks to 2.8%, the lowest rate in more than three years, increasing chance of rate relief

Electricity prices fell by 17.3% in the latest quarter, while automotive fuel also fell 6.7%, increasing the chance of near-term interest rate reductions

The Guardian - AU

No-fault evictions banned and break-lease fees capped under sweeping reforms in Victoria

Jacinta Allan to announce additional measures designed to give people security of housing and bring ‘respect’ to rental market

The Guardian - AU

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Budget 2024: What will it mean for my mortgage?

The general recent trend for mortgage rates has been downward following the highs experienced two years ago in the wake of former prime minister Liz Truss’s disastrous mini-Budget

The Independent UK

Plan to turn Victorian-era house into 28-room 'co-living space' rejected

The plans would have seen the property in Romford Road redeveloped to include a part 3, part 2 and part 1 storey rear extension

Evening Standard

Criminals and corrupt officials may find it easier to launder money in Australia if lawyers given more powers

Law Council of Australia rejects claims the profession presents a ‘significant risk of money laundering and terrorist financing’

The Guardian - AU

Number of UK mortgage approvals at highest level since 2022 mini-budget

Bank of England figures show fourth monthly increase in a row as September approvals rise by 700 to 65,600

The Guardian - UK

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Mortgage approvals jump but housing market on ‘tenterhooks’ ahead of Budget

Some 65,600 home loans were approved last month, 700 more than in August, the Bank of England revealed.

Evening Standard

Budget 2024: Social housing must be considered vital national infrastructure

Commentary: Supply of new social housing will continue to fall without government investment and policy change, warns G15 vice chair Ian McDermott

Evening Standard

How do other countries do council tax?

COUNCIL tax is a fairly unique system when compared with other countries ...

The National (Scotland)

Land offset aims to strike balance between homes and conservation

'It's maximising an area by joining bits together.'

Newcastle Herald

3 Top-Rated REITS for High Dividends and Growth Potential

With economic conditions stabilizing and demand rising for infrastructure, REITs present a compelling opportunity. Given this backdrop, you might consider keeping track of top-rated REITs like American Tower Corp (AMT), SBA Communications Corp (SBAC), and Alexandria Real Estate Equities, Inc. (ARE) that have attractive dividend yield and growth opportunities. Read…

StockNews.com

'Everything points to a slowdown': property loses heat

House and unit prices may have found new record highs but interest rate cautiousness has tempered the pace of growth.

AAP

Australian cities are desperate for the ‘missing middle’ of housing density. But it’s not as simple as the nimby-yimby debate suggests

A more sophisticated planning approach is needed to build homes for more people while still providing greenery and open space

The Guardian - AU

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Reason

Another Attempt to Vanish My Posts About Kelly Hyman v. Alex Daoud—Seemingly Backed by Court Order

[UPDATE 10/28/2024 3:57 pm: The business day after the motion below was filed, the court vacated the Mar. 13 order… The post Another Attempt to Vanish My Posts About Kelly Hyman v. Alex Daoud—Seemingly Backed by Court Order appeared first on Reason.com.

The National (Scotland)

Why is council tax unfair and why does it need reforming?

Why is council tax unfair?

Evening Standard

How a "retrofit first" planning policy will make the City an even greener place to work

Last year, there were 34 major retrofit projects approved across London and half of those were in the Square Mile

The Guardian - US

‘A double-edged sword’: The Gullah Geechee people in a complex struggle over land

Residents of St Helena are divided over a proposed golf course, illustrating a wider tug of war over the island’s future

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The Guardian - UK

Chancellor pledges extra £500m for social homes in budget

Treasury plans £5bn total investment in housing supply and reduction in discounts under right-to-buy scheme

The Guardian - AU

Millennials have become an electoral force. Jacinta Allan is pinning her political hopes on solving their housing woes

Victorian premier says it is ‘deeply unfair’ that home ownership is out of reach for many of the state’s young people

Evening Standard

OPINION - The Standard View: Rachel Reeves must not forget London's homelessness crisis

For millions of people, the capital is simply home. Yet for an ever-increasing number of Londoners, it is one without a place to live. A report by London Councils lays bare the crisis on our doorsteps, with more than 183,000 Londoners estimated to be homeless and living in temporary accommodation.…

StockNews.com

3 REITs With High Dividend Yields for Passive Income

REITs promise steady income via high dividends, and sector diversification. With strong growth forecasts and a resilient U.S. economy, it could be wise to consider investing in robust REITs like Crown Castle (CCI), VICI Properties (VICI), and Gaming and Leisure Properties (GLPI), all yielding over 5%. Read on.

International Business Times

Sales Of New US Homes At Highest Level In Over A Year

Sales of new homes in the United States last month exceeded analyst expectations Thursday, logging the fastest pace in more than a year on the back of cooler mortgage rates.

The Guardian - UK

Simon Harris says lack of infrastructure could become a ‘drag’ on Ireland’s competitiveness

Irish prime minister speaks of need to overcome housing and infrastructural deficits to maintain foreign investment

Evening Standard

OPINION - London's homelessness crisis is getting worse, not better

I have been known to complain about my flat. The road is loud and polluted. The upstairs neighbours ripped up their carpet so I can now feel every footstep and hear every argument. The local foxes practise their jujutsu all night long. But it is warm and secure.

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