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The Latest Breaking News on Real Estate

Poorer Aussies feeling pocket pinch with wealth gap

Wealth inequality is exacerbated through housing tax breaks geared toward higher income earners while poorer Australians struggle to pay rent, Anglicare says.

AAP

Council tells Iris to reassess EastEnd project's cathedral impact

View impacts remain a stumbling block for the EastEnd developer.

Newcastle Herald

3 REIT ETFs for Steady Cash Flow

In an uncertain economy, REIT ETFs offer a stable investment option by tracking diverse property indexes and delivering reliable dividend income. With potential growth and reduced risk, top REIT ETFs like the Schwab U.S. REIT (SCHH), iShares Core U.S. REIT (USRT), and Global X SuperDividend REIT (SRET) could be ideal…

StockNews.com

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The Coalition says the CFMEU is blowing out construction costs. Is that really true?

Opposition members including Peter Dutton have talked about a ‘CFMEU tax’ on major projects. Here’s what we know

The Guardian - AU

Mercedes team HRT "99%" sure of continuing in DTM despite rumours

Mercedes customer Haupt Racing Team has denied rumours about a possible exit from the DTM in 2025, saying it is operating profitably.

Autosport

Fierce renter advocate eyes Parliament House tenancy

After taking aim at landlords and real estate agents, internet sensation Jordan 'purplepingers' van den Lamb has his eyes on a new target: the Senate.

AAP

'Barcelona or die' For Senegalese dreaming of Europe, the deadly Atlantic route is not a deterrent

Salamba Ndiaye is one of thousands of young Senegalese who try to leave the West African country each year to head to Spain, fleeing poverty and the lack of job opportunities for young people

The Independent UK

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The five key reasons why UK commercial real estate is poised for an upswing

Since late 2022 there has been a peak-to-trough decline of 25% in commercial property values

Evening Standard

Gimme shelter… how social housing in stormy Shetland was transformed by a modernist fleeing 60s London

Leaving forward-thinking Camden council in 1969 for the UK’s northernmost isles, the architect Richard Gibson built well-made homes for all in work that feels newly relevant…

The Guardian - UK

Prefab to unlock speed, efficiency in home building

Australian construction is stuck in the dark ages and modernising the sector could deliver housing faster at a time of acute shortages.

AAP

NSW Liberal Andrew Bragg claims some party colleagues may be ‘playing footsies with nimbys’

Moderate senator says the idea of new developments in established suburbs does not sit well with some Liberals

The Guardian - AU

Mayors urged to pitch for housing infrastructure cash

Queensland's opposition has guaranteed at least $1 billion will be provided for regional housing infrastructure projects if elected in October.

AAP

Where can renters in a tough financial spot turn to for help?

Some 45% of renters have less than £500 in savings, according to a new survey.

The Independent UK

Mexico City assembly OKs strongest rent control since the 1940s, limiting rises to inflation rate

The legislature of Mexico City has approved the most ambitious rent control law since the 1940s, which will limit increases to the inflation rate each year

The Independent UK

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AAP

Door opens for long-delayed Reserve Bank reforms

The federal treasurer has shifted on key opposition demands in order to secure support for changes to modernise and strengthen the Reserve Bank.

Kiplinger

Stock Market Today: Stocks Drop Ahead of Powell's Jackson Hole Speech

Sentiment turned cautious ahead of Fed Chair Powell's highly anticipated speech Friday at the Jackson Hole Economic Symposium.

The Guardian - UK

‘No blank cheques’: Rachel Reeves defends pay deals with unions

Chancellor rebuts Tory accusation she will be a soft touch and hints at tweak to debt rule to allow more borrowing

International Business Times

US Existing Home Sales Rise In July, Ending Downward Trend

Sales of previously owned homes in the United States edged up in July, industry data showed on Thursday, breaking a four-month trend of declines.

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news in one place.

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Kiplinger

Nebraska Finally Has Some Property Tax Relief

After a two-week special session, lawmakers have approved a bill to provide property tax relief to millions of Nebraskans.

The Guardian - AU

Australia has a poverty problem – so why is there no agreed measure of it?

Experts agree that tackling disadvantage requires an understanding of how many people are affected and by how much

The Independent UK

The remote house on the Windsor estate Prince Andrew could move into if evicted from the Royal Lodge

King Charles has reportedly moved to axe his brother’s security at his Windsor home

Autosport

Courtney: Supercars retirement announcement "accidental"

Supercars racer James Courtney has revealed he did not mean to announce his impending retirement from motor racing in the manner that he did.

The Guardian - AU

Melbourne mayor backs converting offices into apartments in bid to boost housing supply

Support for idea comes as Victorian government unveils plan to fast-track planning approvals in 10 hubs across city

Latin Times

Paraguayan lawmaker killed after engaging in shootout with police during drug raid

Authorities say Gomes greeted them with gunfire; police fired back, fatally wounding the 67-year-old lawmaker

USA Today Sports Media Group

Trump National Golf Club saves $257K a year through a tax break by claiming to have 12 goats

The club charges a $350,000 membership fee, meaning one new member would cover the taxes.

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