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The Latest Breaking News on Real Estate

Why couldn’t the PM just enjoy Kirribilli’s harbour views for another six months and then go property shopping?

Colleagues are right to feel dismayed by Anthony Albanese’s tone-deaf decision to splurge $4.3m on a lavish home – at Copacabana (of all places)

The Guardian - AU

Afternoon Update: PM’s $4.3m purchase sparks backlash; legendary journalist Negus dies; and a record-breaking HSC

Anthony Albanese is facing heat from rival politicians and pundits alike over his new clifftop property

The Guardian - AU

PM quizzed over $4.3 million clifftop property purchase

The prime minister has been peppered with questions about the purchase of a $4.3 million luxury home for he and future wife Jodie Haydon.

AAP

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Anthony Albanese and Jodie Haydon buy $4.3m clifftop home in Copacabana on NSW Central Coast

Engaged couple purchase four-bedroom oceanfront house to be closer to Haydon’s family

The Guardian - AU

'Very vocal' neighbours silenced to save music venues

People buying property near potentially noisy entertainment venues will accept an "eyes wide open clause" as part of changes aimed at reviving NSW night-life.

AAP

Donald Trump pens 1am screed against controversial biopic The Apprentice

Former president calls film about his rise in real estate in 1970s and 80s a ‘politically disgusting hatchet job’

The Guardian - US

'Unsustainable' Housing Crisis Bedevils Spain's Socialist Govt

Spain's acute housing crisis is piling pressure on Socialist Prime Minister Pedro Sanchez as his government's measures yield few results and frustration boils over among beleaguered citizens.

International Business Times

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‘Easier to buy your 10th house than your first’: Unions NSW joins push to reform negative gearing and capital gains tax

Exclusive: Survey finds 72% of 2,158 workers want Albanese government to rethink housing tax breaks – particularly renters and over-65s

The Guardian - AU

Tips for keeping your wedding from becoming a political battleground

Uncle Jim is profoundly red, politically speaking

The Independent UK

‘They are ruining my life’: how the shadowy world of debt collection can wreck your finances

A stranger’s bill can be passed, in your name, down a chain of companies until it reaches the courts without you knowing anything about it. The result can be catastrophic

The Guardian - UK

Sadiq Khan-backed plan for 20,000-home 'new town in London' submitted

The Mayor of London described the development as ‘a model of how to fix our housing crisis’ and ‘a blueprint’ for the Government to follow

Evening Standard

Inflation green shoots could spell earlier rates relief

A cooling rental market and slower pay growth hint at a disinflationary pulse some economists hope could deliver borrowers an early Christmas present.

AAP

Rachel Reeves must keep promise to ease business rates burden, say retailers

Plea comes as analysis warns of £2.7bn tax hike mainly affecting smaller retail, leisure and hospitality firms

The Guardian - UK

Business council blames slow local decision-making for feeding Australia’s housing supply crisis

Peak business body proposes deadlines to speed up local councils, saying delays are making developers reluctant to invest

The Guardian - AU

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The Guardian - UK

China’s plan to boost flagging growth is the very definition of economic insanity

For the fourth time in 16 years, ‘bazooka’ stimulus aims to reset the economy – but China’s problems demand structural solutions

The Guardian - UK

Government housing targets unrealistic and unfair, English councils warn

Exclusive: Some authorities say they are ‘being set up to fail’ when fault often lies with developers sitting on sites

International Business Times UK

Struggling Irish Families Slam £370K Newly-Built Homes For Ukranian Refugees Amidst Housing Crisis

Irish citizens are taking to the streets and to Twitter to protest the housing projects funded by the government to aid Ukrainian refugees.

AAP

Aussies paying more as rents spike across the nation

Australian renters are paying thousands more to keep a roof over their heads as rental costs for units and houses continue to balloon since the pandemic.

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news in one place.

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The Guardian - AU

More Australians being ‘priced out’ of homes by big rent hikes, advocates fear

Renters in some cities forced to spend on average nearly $15,000 more a year on rent since the start of the pandemic, analysis reveals

Caixin Global

China Unveils Fiscal Stimulus Targeting Property Market, Local Government Debt

The measures include buying land and housing from developers, as well as help for localities to deal with their off-the-books borrowings

Evening Standard

Campaign to save east London mechanic who faces eviction after falling £112k behind on rent

Len Maloney of JC Motors says his rent has become unaffordable, after it was more than doubled in the years leading up to the pandemic

Evening Standard

Is action to help families ‘right size’ the way to boost housing supply?

The bank said that initiatives could help to support people to ‘right-size’ into accommodation that suits their needs.

Evening Standard

New calls to tackle a 'rental affordability emergency'

The London Renters Union has joined forces with other organisations to send an open letter to Angela Rayner.

Evening Standard

Santander withdraws its cheapest mortgage deals in sign price war may be over

Move follows a sharp rise in gilt yields over the past month on Budget borrowing fears

Evening Standard

‘Many households still struggling’ as lenders report rise in mortgage defaults

A finance expert said that a Bank of England survey of lenders suggests that many households are still struggling in the current environment.

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