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The Latest Breaking News on Real Estate

Beachside apartments deemed ‘affordable’ cost $1,000 a week. Is the NSW policy helping renters or developers?

Developers flock to build ‘affordable’ housing – but are poised to reap benefits while tenants could pay 50% of post-tax income in rent

The Guardian - AU

Auditor to probe social housing fund's value for money

The nation's auditor will investigate whether a massive housing fund set up in 2023 was designed correctly and is delivering value for money

AAP

What will Labour sacrifice for its housing targets? A standoff in south London is putting it to the test

In Peckham, developers unwilling to meet affordable housing quotas are facing down residents and the council, says author Anna Minton

The Guardian - UK

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Some tenants can now force landlords to make their home liveable. What about the thousands who can’t?

Awaab’s law imposes new duties on those who own social housing. Millions who rent privately, or are in temporary accommodation, remain unprotected, says housing activist Kwajo Tweneboa

The Guardian - UK

OPINION - Labour's mansion tax plan is unfair, unworkable and will choke London's economy

Rumoured levy sends a clear message: success is something to be taxed, not celebrated

Evening Standard

Rachel Reeves sent major cash ISA cut warning over £2.5bn Treasury losses

The chancellor may still be considering a cut to cash ISA savings limits, but there are fears it would not encourage people to start investing

The Independent UK

More military bases could be used to house migrants, says defence minister

Luke Pollard appeared to suggest that the cost of moving migrants into the bases could be higher than housing them in hotels.

Evening Standard

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This hotels saga isn’t really about asylum seekers: it’s a window on to a far bigger scandal

A blistering new report tells a tale of billions wasted and vulnerable people left traumatised, while companies profit from a blundering state, says Guardian columnist Gaby Hinsliff

The Guardian - UK

Why young women are having facelifts: ‘I couldn’t even open my eyes. That’s how swollen I was’

A new kind of customer is being driven towards this invasive surgery by ‘filler fatigue’, the use of weight-loss drugs and the development of new surgical techniques. Many are much younger than ever before

The Guardian - UK

Victorian premier vows to scrap ‘old-fashioned Nimby’ planning laws, fast-track homes and curb rights to object

Jacinta Allan says reforms would see housing permit-approval times slashed and generate more than $900m in construction activity each year

The Guardian - AU

Reform levies on developers as communities are denied amenities – MPs

A committee has called on the Government to ensure house builders contribute adequate funds as profits are boosted by land value increases.

Evening Standard

Four out of five homes hit by a Labour mansion tax 'would be in London and SE'

Latest Budget rumours suggest homeowners could face 1% annual bill on properties worth more than £2 million

Evening Standard

Social landlords in England now forced to fix emergencies within 24 hours

New legal duties follow case of two-year-old Awaab Ishak, who died after exposure to mould in his home

The Guardian - UK

Private rent in Britain now swallows 44% of the average wage

Monthly cost jumps to record £1,385 outside London, and £2,736 in the capital, with hotspots showing hefty rises

The Guardian - UK

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Evening Standard

Revealed: How 'chaotic' use of migrant hotels has seen Home Office 'squander' billions of pounds

Government has repeatedly cut corners and wasted taxpayers’ money with its ‘failed, chaotic and expensive’ system, damning report finds

Evening Standard

Rental bidding wars to be banned but damp and mouldy homes still an issue as new laws come in

Awaab’s Law comes into effect forcing landlords to deal with issues of damp and mould in homes

The Guardian - UK

Right to buy in reverse: how Brighton is tackling its social housing crisis

The council is rolling back Thatcher’s flagship policy by buying stock from private landlords. Other local authorities should take note

AAP

Unbridled inflation an each-way bet on Cup Day rate cut

Melbourne Cup day may not prove a winner for borrowers if inflation remains sticky in data released the week before, splitting predictions on interest rates.

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Tom’s Guide

Is it OK to cut my neighbors' overhanging bushes? I asked the experts to find out if I'm within my rights

Is it legal to trim your neighbors overgrown bushes in your yard? Here’s what the experts say.

The Guardian - UK

Prince Andrew in advanced talks about moving out of Royal Lodge, reports say

Buckingham Palace trying to increase pressure on prince to give up home for which he pays ‘peppercorn’ rent

Benzinga

3 Airline Stocks To Buy On The Dip

Over three weeks in, the federal government shutdown is closing in on the longest shutdown in history, catching up to the 34-day run of December 2019.

The Guardian - AU

Once Australia’s second priciest city, Melbourne has become more affordable. What happened – and will it last?

More homes and less property investor activity has seen Victoria’s capital rise up the affordability rankings

Benzinga

Top 3 Real Estate Stocks That May Explode In Q4

The most oversold stocks in the real estate sector presents an opportunity to buy into undervalued companies.

International Business Times UK

'Can't Pay Rent, Can't Buy a Shirt': US City Leaders Sound Alarm as Federal Shutdown Hits Local Economies

The US federal government shutdown is damaging local economies. Unpaid federal workers struggle with rent and shopping, while small businesses and public services face mounting pressure.

AAP

Governor takes aim at tax barrier to economic mobility

The Reserve Bank has set its sights on one tax it says keeps owners of big homes from downsizing and people from relocating for better jobs and pay.

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