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The Latest Breaking News on Real Estate

Regional shake up to accommodate population boom

Regional centres are set to expand to cope with a looming population boom, with a development focus on areas beyond at least one of the nation's largest cities.

AAP

Shuttered car factories in Australia could be repurposed to make houses faster and cheaper

Australia is in the grip of a severe housing shortage. Many people are finding it extremely difficult to find a place to live in the face of rising rents and property price surges. Homelessness is rising sharply. Tent cities are becoming more common.

The Conversation

Calls for Labour peer to be investigated over cash-for-access claims

Campaigners raise concerns about Lord Evans of Watford’s conduct, while leader of Lords says he should ‘not be a member’ if rules were broken

The Guardian - UK

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Pending US home sales slide to all-time low in January on rates, prices, maybe weather

Pending home sales in the United States slid to an all-time low in January as high mortgage rates, record-high home prices, and possibly the terrible weather last month hindered those seeking to buy

The Independent UK

Derwent sees strong demand for office space in "pretty busy" central London

Growth in rental values doubled to 4.3%, the highest since 2016

Evening Standard

Affluent suburbs targeted in Victorian government move to seize planning controls to build more homes

South Yarra and Windsor among 25 new ‘activity centres’ identified by Labor for higher-density housing

The Guardian - AU

Older women like me are the ‘missing middle’ in Australia’s housing crisis

Many of my generation are stuck in a vicious cycle – too wealthy for public housing but too financially strained for long-term private rentals or mortgage finance

The Guardian - AU

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It’s time we asked: what is the cost not just to the budget, but to society, when the richest are helped to get richer?

The question ‘how do we pay for it’ only seems to come up when the government spends money on things that help low and middle-income earners

The Guardian - AU

Lords chief whip spoke at what appears to be cash-for-access event

Roy Kennedy spoke at one of events organised by son of Lord Evans of Watford, who has been exposed as offering access to ministers

The Guardian - UK

Sinkhole that wrecked Surrey street could take year to fix, residents told

Homeowners and families were evacuated after a sinkhole appeared on the night of February 17

Evening Standard

3 Stocks Profiting From America’s Housing Shortage

The ongoing housing shortage in the U.S. is presenting promising opportunities for companies engaged in homebuilding, renovations, and building material operations and activities. Therefore, from an investment approach, sound stocks like Snap-on (SNA), Owens Corning (OC), and Cavco Industries (CVCO) could be ideal portfolio additions. Keep reading.

StockNews.com

Willow Spring International Raceway Was Just Bought, and We're Not Sure What'll Happen

What is there to say when you hear of anything being bought by private equity (PE) but, "Please, not again. When will it stop?". Maybe we just hear the bad stories about PE buying an asset, scalping it, and selling it off for parts once it's maximized a relatively short-term…

RideApart

7 things I don’t own in my portfolio

As someone who writes about building portfolios for a living, I research many types of investments, from tried-and-true core holdings to more esoteric corners of the investment world

The Independent UK

Even though the offer is a serious play, Nine probably doesn’t want to sell Domain

US property conglomerate CoStar offered $4.20 a share, valuing the Domain business at $2.7bn – but sometimes silence speaks louder than words

The Guardian - AU

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The Independent UK

Iranian exiles in the US seek multimillions for years of brutal torture by notorious security chief

Exclusive: Three former dissidents are accusing the Shah of Iran’s “chief torturer” – who later relocated to Florida and became a real estate developer – over years of unimaginable abuse they say continues to haunt them to this day

Latin Times

What is Colony Ridge? Greg Abbott Announces Texas Operation Targeting 'Criminals and Illegal Immigrants' That's Been in Works 'For Months'

State troops are assisting DHS with an operation, the governor said in a post on X. "I have worked with Tom Homan on this for months:"

Evening Standard

Londoners face shocking 25-year wait for council homes as capital's housing crisis deepens

More than 335,000 Londoners sit on housing waiting lists - the highest number of any English region

Evening Standard

Thousands of anxious London first time buyers in race to beat stamp duty deadline

London property debutantes face extra bills of up to £11,250

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The Guardian - US

‘I feel trapped’: how home ownership has become a nightmare for many Americans

Scores in the US say they’re grappling with raised mortgage and loan interest rates and exploding insurance premiums

The Guardian - AU

Bold or a ‘capitulation’? Victoria’s premier claims Labor’s reworked building goals are still on target

The final state housing targets have seen a reduction in numbers, but the overall goal of refocusing growth into Melbourne’s inner core remains

WhatToWatch

Grosse Pointe Garden Society review: quirky garden club plants an entertaining, soapy dramedy

Mystery, intrigue and wit aplenty, here's our review of Grosse Pointe Garden Society.

The Conversation

‘It’s disgusting that they can get away with this’: here’s how eviction can affect tenants’ lives

For people relying on rental properties to keep a roof over their heads, there are few things more scary than the possibility of being evicted from their home.

The Guardian - UK

How to solve the house price conundrum? Look no further than Gwynedd in Wales

As the UK government puts faith in construction, one council has lowered costs by cracking down on second homes and holiday lets

Kiplinger

Stock Market Today: Dow Dives 748 Points as UnitedHealth Sells Off

A services-sector contraction and a worse-than-anticipated consumer sentiment reading sent bulls scrambling Friday.

Reason

Defamation/Impersonation Campaign as RICO Violation (with $9M in RICO Trebled Damages)

My sense is that such claims are often made but nearly never win—yet here they did. From Hartman v. Does… The post Defamation/Impersonation Campaign as RICO Violation (with $9M in RICO Trebled Damages) appeared first on Reason.com.

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