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. AAP · Oct 12, 2024
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 The Guardian - AU · Oct 12, 2024
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 Caixin Global · Oct 12, 2024
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 · Oct 12, 2024
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 · Oct 11, 2024
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 · Oct 11, 2024
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 · Oct 11, 2024
‘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. Evening Standard · Oct 11, 2024
Councillor who oversaw Grenfell works donated to Badenoch’s Tory leadership bid Survivor of blaze which killed 72 ‘disgusted’ Quentin Marshall gave £5,000 to candidate promoting deregulation The Guardian - UK · Oct 11, 2024
Things are looking up for Newcastle's city skyline Six towers are set to transform the precinct Newcastle Herald · Oct 10, 2024
Rogue landlord told to pay £400,000 over illegal property conversion Westminster City Council prosecuted the rogue landlord after planning permission was not obtained Evening Standard · Oct 10, 2024
Property market eases past $11 trillion, investors busy Australian homes are worth more than ever but the annual pace of growth has slowed rapidly in the past three months. AAP · Oct 10, 2024
Falling mortgage rates may be prompting more homeowners to sell, boosting inventory for buyers The recent pullback in mortgage rates and expectations of further easing next year may be motivating more U.S. homeowners to list their home for sale The Independent UK · Oct 10, 2024
Portugal proposes decade of tax breaks for young people to stem brain drain Measure government says will help up to 400,000 people included in budget after negotiations with opposition Socialists The Guardian - UK · Oct 10, 2024
The Guardian - UK · Oct 10, 2024 Ministers urged to introduce rent caps to tackle housing crisis in England Exclusive: Letter from union leaders and renters’ groups urges government to tackle root cause of unaffordable rents
The Guardian - UK · Oct 10, 2024 UK borrowing costs hit three-month high amid ‘buyers’ strike’ fears; US inflation dips to 2.4% as jobless claims jump – as it happened Yield on 10-year UK government debt hits highest since early July, while inflation has eased in the US
AAP · Oct 10, 2024 Extra crisis homes needed in family violence 'hotspot' More housing and crisis accommodation is needed for survivors of family violence in a remote and regional area dubbed a "hotspot".
The Independent UK · Oct 9, 2024 House prices are rising across the UK for the first time in two years Zoopla said the average UK home now costs around £300 per square foot
The Conversation · Oct 9, 2024 No savings? No plans? No Great Australian Dream. How housing is reshaping young people’s lives Australia’s housing crisis is dramatically reshaping the lives and hopes of young people, highlighted in a new report launched today in Canberra as part of World Homeless Day.
The Independent UK · Oct 9, 2024 What Labour’s Renters’ Rights Act means for tenants and landlords From new eviction protections to the right to own pets – here’s what to know about the new rental laws
StockNews.com · Oct 9, 2024 3 Healthcare REITs Offering Growth and Income Potential The combination of demographic trends, increasing healthcare needs, and stable revenue structures makes the healthcare REITs industry poised for robust growth. Therefore, it could be wise to explore investments in robust REITs such as Ventas (VTR), Omega Healthcare Investors (OHI), and National Health Investors (NHI). Keep reading….
StockNews.com · Oct 9, 2024 2 Home Improvement Stocks Hammering Big Gains The home improvement industry is poised for significant growth, fueled by increasing demand for energy-efficient upgrades and smart home technology. Amid this backdrop, buying promising home improvement stocks Haverty Furniture Companies (HVT) and Tile Shop Holdings (TTSH) could be wise. Continue reading….
The Guardian - UK · Oct 9, 2024 Ministers accused of ‘dawdling’ over leasehold changes in England and Wales Residents groups call for passing of secondary legislation for Leasehold Reform Act as promised in king’s speech
The Guardian - UK · Oct 9, 2024 Massive rent hikes, dodgy landlords – unlike many MPs, I know what renting is like. We have to fix it Landlords have long had too much sway in parliament. Tenants’ rights must be strengthened as a matter of urgency, says MP Chris Curtis
AAP · Oct 9, 2024 Son jailed for mum's murder believes it was justified Paul Cohrs has been jailed for 30 years for murdering his mother after fatally shooting his brother in a different state over a family business feud.