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The Latest Breaking News on Real Estate

London buildings still wrapped in Grenfell-style cladding seven years on from the disaster

There are still 42 residential buildings in London with the same type of cladding as Grenfell where ‘remediation’ is incomplete

Evening Standard

China Waits Anxiously For Economic Plan As Gloom Reigns

Rows and rows of partially inhabited high-rises sprawl into the suburbs of the northern Chinese metropolis of Tianjin, their empty balconies emblematic of a slowing economy that has not kept pace with the country's ambitions.

International Business Times

City Hall could overturn council's decision to refuse 449 new homes in Tooting 'village'

It has been argued that the sale of the land to build the homes would unlock crucial funding for new facilities at Tolworth Hospital

Evening Standard

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Home prices in three cities are outpacing their peers

Australia's housing market is made up of laggards and leaders in home price growth and the gap is expected to linger in the coming months.

AAP

General election 2024: How do the party manifestos address the housing crisis?

All the housing pledges made in the Labour, Conservative, and Liberal Democrats for homeowners, renters and first-time buyers

Evening Standard

General election 2024: Labour and the Conservatives’s plans to tackle the housing crisis in full

A guide to the main parties’ manifesto promises on housing

The Independent UK

Cities with empty commercial space and housing shortages are converting office buildings into apartments – here’s what they’re learning

It took a global pandemic to convince American businesses that their employees could work productively from home, or a favorite coffee shop. Post-COVID-19, employers are struggling to find the right balance of in-office and remote work. However, hybrid work is likely here to stay, at least for a segment of…

The Conversation

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Crest Nicholson shares plunge amid latest warning for housebuilders

The business made a loss in the first half and warned of weak demand for the months ahead

Evening Standard

Labour pledges to ‘get Britain building again’

The Labour manifesto document said the party ‘will not be afraid to make full use of intervention powers to build the houses we need’.

The Independent UK

Citizenship by Investment: The Shift From Passive to Active Investments

Today, we’re seeing CBI programs pivot away from the types of passive investment options that spurred their popularity.

Kiplinger

Menendez Trial: Senator's Alleged Attempt To Influence Prosecution

Senator Bob Menendez's bribery trial reveals attempts to influence criminal cases involving businessmen and his wife, with allegations of bribery in gold b...

Top News

Prefabs and the ‘missing middle’: how to get Australia back on track to build 1.2 million homes in the next 5 years

The National Cabinet set an ambitious target of building 1.2 million well-located homes over the next five years to tackle Australia’s housing crisis. The focus of the National Housing Accord is on complementary development that improves existing neighbourhoods. This includes infill development on vacant or underutilised land in established urban…

The Conversation

New Jersey's top federal prosecutor testifies for government in Sen. Bob Menendez prosecution

New Jersey's top federal prosecutor says Sen. Bob Menendez sought to discuss the prosecution of a New Jersey real estate developer with him before recommending him to be nominated as U.S. attorney after Joe Biden won the 2020 presidential election

The Independent UK

All eyes on LNP leader as election cards laid on table

Opposition leader David Crisafulli has made a pre-election pitch focusing on housing but has vowed to scrap a controversial energy project.

AAP

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The Independent UK

NYC considers ending broker fees for tenants, angering real estate industry

A proposal seeking to eliminate a hefty price tag for New York City renters is drawing fierce opposition from the real estate industry

The Independent UK

It could take San Francisco 18 years to recover from flood of empty office space after tenants fled the city

Layoffs, hybrid work polices and a slow economy have contributed to the city’s vacancy problem

The Independent UK

WeWork has emerged from bankruptcy. What's next for the co-working office space provider?

WeWork has officially emerged from bankruptcy — and appointed new leadership in the process

Salon

"Egregious" Kushner deal faces probe

Senate Finance Committee Chairman Ron Wyden is investigating Saudi support for Jared Kushner's private equity firm

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The Guardian - AU

Thousands of short-stay rentals flouting registration rules in Sydney, research finds

Council calls for more regulation of short-term rental properties listed on hosting sites such as Airbnb as industry hits back

Evening Standard

Comment: 'We deserve more than reheated housing ideas and AI slop'

We can build enough quality homes without naff AI-generated visions of a past that never was

The Independent UK

Federal Reserve is likely to scale back plans for rate cuts because of persistent inflation

Federal Reserve officials on Wednesday will likely make official what’s been clear for many weeks: With inflation sticking at a level well above their 2% target, they are downgrading their outlook for interest rate cuts

The Guardian - AU

Melbourne councillor pushes to double rates for property investors and halve them for owner-occupiers

James Conlan of Merri-bek council says the change would make investing in the area ‘less attractive’ and free up more homes for first-time buyers

The Guardian - UK

China’s glut of idle property causes headache for the government

The industry that has traditionally powered about a quarter of GDP has been in a downward spiral that policymakers have struggled to halt

AAP

Permits for Airbnbs required amid city rental crisis

Brisbane Lord Mayor Adrian Schrinner is set to introduce a permit system for short-term accommodation including Airbnb.

StockNews.com

3 REITs for Reliable Passive Income

Considering the dependable passive income through dividends that REITs offer, they present a compelling choice for income-focused investors. Therefore, it could be wise to explore investments in robust REITs such as Simon Property Group (SPG), Lamar Advertising (LAMR), and Gaming and Leisure Properties (GLPI) for reliable passive income. Read on.

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