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The Latest Breaking News on Real Estate

Slight relief for borrowers after RBA slashes rates

The Reserve Bank's decision to cut interest rates by 25 basis points offers mortgage holders slight respite, but many are hoping for more substantial changes.

AAP

HUD Launches Task Force To Eliminate Waste And Abuse

HUD establishes DOGE task force to eliminate waste, recover funds, and promote fiscal responsibility across government agencies.

Top News

China's Xi promises policy stability at meeting with business leaders, including Alibaba's Jack Ma

China’s President Xi Jinping has met with private sector business leaders, offering them assurances that policies regarding the private sector would not change, state media reported

The Independent UK

A new start after 60: I got divorced, became a lawyer – and began fighting for other women

After a spell as Isabella Rossellini’s hand model, Elizabeth Barbour went to law school at 54. Now, she is working on 50 domestic violence cases and says her career is a privilege, not a job

The Guardian - UK

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Australia bans foreigners from buying homes to tackle surging property prices

Housing affordability is a major issue in Australia, especially for young voters

The Independent UK

Dutton prays for rate cut as RBA enters conclave

Economists say a major reduction in mortgage rates this year is unlikely, even though the Reserve Bank board is widely tipped to deliver a cut on Tuesday.

AAP

The Guardian view on new housing: Labour must not let builders dictate terms

Editorial: The lack of affordable homes to buy and rent is a serious injustice. Ministers must fight for plans that put people first

The Guardian - UK

Labour’s ‘decade of renewal’ risks being a house without foundations

THE INDEPENDENT VIEW: Editorial: The construction industry tells The Independent there aren’t the workers to fulfil Labour’s new homes scheme. The government will need to make some politically difficult decisions to support the sector

The Independent UK

Australia building half as many homes for every hour worked compared with 30 years ago, Productivity Commission finds

‘Decades of poor performance’ in dwelling construction is contributing to the housing affordability crisis, report says

The Guardian - AU

HUD Launches Task Force To Eliminate Waste And Abuse

HUD's DOGE Task Force aims to recover funds, enhance efficiency, and combat waste in government agencies.

Top News

Cash-strapped London council paid builders £400k after boat-dwellers delayed work on £6bn housing project

Exclusive: Cash-strapped Enfield Council paid between £300k and £400k in compensation due to delays to the Meridian Water Regeneration Project

Evening Standard

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The Guardian - UK

Most of UK’s big build-to-rent developers owned by foreign private equity firms

Common Wealth thinktank says Labour should control profits made by ‘institutional investors’

AAP

New homes and land banking off-limits to foreign buyers

Established homes will be off-limits and foreign owners will be forced to develop vacant land under new measures announced to improve housing supply.

Marie Claire

Prince Andrew's Royal Lodge Costs Are "Spiraling Out of Control" Amid Home's Rumored Disrepair

He's even doing his own gardening, following claims the property is in a "shocking state."

The Guardian - UK

Rachel Reeves has three options to dodge an economic crisis and all are unthinkable

As her £9.9bn of headroom evaporates, chancellor will have to raise taxes, cut spending or break ‘iron-clad’ fiscal rules

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The Guardian - UK

Athens resists as investors swoop on the city’s ‘neighbourhood of the gods’

The district of Plaka dates to neolithic times but a new wave of development is luring more tourists – and local people are fighting back

Newslaundry

Jailed journalist Mahesh Langa granted anticipatory bail in extortion case

Earlier this week, a Gujarat sessions court granted anticipatory bail to The Hindu journalist Mahesh Langa in connection with an extortion case filed last month, Live Law reported.

The Independent UK

Why some Hong Kongers live in homes smaller than a parking space, by the numbers

Landlords in Hong Kong, a city with a notoriously high cost of housing, have found they can make more money by dividing a flat into two or more units

The Independent UK

A crackdown on substandard homes leaves low-income Hong Kongers wondering where to go

Hong Kong plans to crack down on poor-quality subdivided flats are leaving many low-income residents uncertain about their future in one of the world’s most expensive housing markets

The Independent UK

Jeremy Strong admits Apprentice role ‘probably’ changed how he sees Trump ‘on a human level’

‘Succession’ star played Trump’s mentor and lawyer Roy Cohn in Ali Abbasi’s controversial biopic about the president

Evening Standard

Slow progress of Sadiq Khan's affordable homes programme is 'catastrophic', says senior Tory

The mayor is only 13 per cent of the way towards hitting his affordable housing target, having used more than half the time available

StockNews.com

3 Healthcare REITs Offering Healthy Dividends

Healthcare REITs are delivering healthy dividends while capitalizing on the growing demand for medical facilities. In this article, we’ll explore three healthcare REITs, Welltower (WELL), Ventas (VTR), and National Health Investors (NHI) that could be added to your watchlist. Read on.

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