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The Latest Breaking News on Real Estate

Suburbia: American dream or residential nightmare, asks multidisciplinary show

‘Suburbia. Building the American Dream’ digs deep into the archetypes, rise and realities of suburban living, at Centre de Cultura Contemporània de Barcelona

Wallpaper

Low inflation targeting is such a dubious idea. Why did the Reserve Bank adopt it in the first place?

As we struggle with higher interest rates and unemployment, this is the price we have to pay to restore the ‘credibility’ of the RBA

The Guardian - AU

Private rents in Great Britain hit record high, data shows

Rightmove calls on new government to prioritise sector as rents outside London climb 7% in a year

The Guardian - UK

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Average rent outside London hits record high – check how your area compares

In London, the average advertised rent is £2,652 per month

The Independent UK

Trump organization announces new tower in Saudi Arabia

The business venture again raises concerns about potential conflicts of interest should Donald Trump be re-elected president in November

The Independent UK

My child’s school still relies on a temporary building block from the 60s. How did we get here?

As many public schools struggle to make ends meet, it’s baffling to see private schools receiving the bulk of government funding

The Guardian - AU

Remote housing fix needed to 'get real' on closing gap

Homes in Queensland's remote communities are chronically overcrowded, and waiting lists for social housing blowing out, sparking calls for federal funding.

AAP

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The promise and pitfalls of Airbnb in country Australia

Homestay giant Airbnb says its guests add billions of dollars to regional economies but country towns are being warned tourism is not always a saviour.

AAP

Marathon mortgages: Would you pay more interest over time in return for lower monthly payments?

The interest rates situation has seen a surge in interest in long-term mortgages that last up to 40 years

Evening Standard

Home where Chad Daybell murdered wife and buried Lori Vallow’s children hits the market with ominous listing

Four-bed property comes with an asking price of $350,000 and a caveat that there is a ‘very tragic situation with this home’

The Independent UK

Windrush pensioner facing homelessness at 89 as Home Office ‘unable to verify her identity’

Exclusive: Thelma Campbell is facing homelessness in the wake of Windrush Day while Haringey Council fails to provide shelter

The Independent UK

London house prices up 1.6% but first-time buyers struggle to afford high mortgage rates

Mortgage rates are still hovering around 5%, leaving buyers struggling to pass mortgage affordability checks

Evening Standard

UK house prices still unaffordable for many people, says Nationwide

High mortgage interest rates and soaring bills hitting affordability despite wages rising above inflation

The Guardian - UK

Consumer credit borrowing bounces back while mortgage lending halves

Consumer credit borrowing bounced back to £1.5 billion during the month, up from £800 million in April, Bank of England data showed.

The Independent UK

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Newcastle Herald

Buyer inspects beachside suburb house on Friday, buys for $4.35m on Saturday

The buyer phoned in their bids for the property in Merewether.

AAP

Sites for hundreds of homes teased out after land audit

The NSW government has identified 44 sites for new housing, revealing the first four, with billions to fund the supply of more dwellings amid a crisis.

Reason

A Religious Freedom Case for "YIGBY"

Notre Dame law Prof. Patrick Reidy argues that religious organizations are entitled to faith-based exemptions from zoning restrictions preventing them from building affordable housing on their land.

AAP

Average Australian house price hits almost $800,000

Soaring house prices might please home owners but for those trying to enter the market the odds are stacked against them as chronic housing shortages persist.

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Evening Standard

Is this London's largest penthouse? The Whiteley Penthouse hits the market for £40 million

The five-bedroom apartment comes with dog-walking, grocery stocking services — and that all-important Padel court

The Guardian - US

Renters in New York City fight back against real estate broker fees

City is one of few in the US where tenants can be forced to pay fees, despite a landlord having hired the broker

Salon

L.A. synagogue protest was no "pogrom"

Politicians and media outlets ignored the protest's cause: Illegal real estate sales on Palestinian land

The Guardian - UK

Council tax: final-year students warned they could get surprise bills

Students are exempt during their course but as soon as they finish their final year they are liable to pay

International Business Times

Paris Airbnb Goldrush Ends As Olympics Approach

Parisians looking to pocket a fortune by renting out their apartments to tourists visiting the French capital for the Olympics have been left disappointed as prices crash close to the start of the Games.

StockNews.com

3 High-Growth Healthcare REITs to Watch

The healthcare REIT industry is poised for robust growth thanks to the diversification of portfolios, rising healthcare expenditure, and an uptick in chronic diseases, making it ideal for investors looking for exposure to the healthcare sector. Therefore, investors could look to add high-growth healthcare REIT stocks Welltower (WELL), CareTrust REIT…

The Guardian - AU

‘I may have reacted too far’: architect Roger Walker on his groundbreaking buildings

The New Zealander is known for his use of colour as well as turrets, towers, cylinders, cubes and pyramid shapes

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