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The Latest Breaking News on Real Estate

Could vacant office spaces across the U.S. be the solution to a national problem?

A recent study calculated that about a fifth of U.S. office space was vacant at the end of last year. What is the fate of all this empty real estate?

WEKU

Comment: 'Building on the green belt is a political grenade. Gove should have pulled the pin'

Gove’s consultation for building on brownfield and more office-to-resi conversions will barely scratch the surface of the housing crisis

Evening Standard

NSW needs 'strong' measures to stop short-term rental money train

'Some are getting $300 or $400 a night instead of $700 a week.'

Newcastle Herald

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Council plans to loosen reins on rules to combat housing crisis

It's hoped the Lake Mac proposal will increase housing diversity.

Newcastle Herald

Udhayam Theatre may down shutters

Udhayam Theatre in Chennai's Ashok Nagar may be sold to a real estate firm, sparking nostalgia among locals.

The Hindu

London house prices: only five boroughs have seen property prices increase — is yours one of them?

House prices in the capital were down almost five per cent on average year-on-year

Evening Standard

NSW mulls levy on Airbnb rentals to fix housing crunch

A levy on Airbnb-style short rentals is one option being considered by the NSW government to help address the worsening lack of housing options.

AAP

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Nearly 100,000 NSW homes not being used for long-term housing, figures show

Housing review finds 33,000 homes, including Stayz and Airbnb listings, are registered as non-hosted short-term rentals

The Guardian - AU

Rebuilding of Melbourne heritage house on cards as police investigate fire at the property

Boroondara council moves to order the rebuilding of Shenley Croft as condition for any bid to develop the property

The Guardian - AU

The awful truth at the heart of Australian housing policy

Negative gearing and the capital gains tax discount were either meant to improve affordability and failed – or their purpose was in fact the opposite

The Guardian - AU

Signs of UK housing market recovery as price falls ease

Price of average property decreased by 1.4% in 12 months to December, says ONS

The Guardian - UK

Old Paris balconies ‘pose risk to crowds watching Olympics opening ceremony’

Authorities consider inspection of all buildings lining River Seine route after property warnings

The Guardian - UK

London house prices fell in 2023, but predicted 'crash' didn't happen

According to Land Registry data, the average London house price was £508,000 in December 2023

Evening Standard

Planning boss denies corrupt 'property syndicate' claim

A senior planning official denies allegations she tried to cash in on a major housing overhaul as the matter is referred to the NSW corruption watchdog.

AAP

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AAP

Housing boom needs to mirror post-war action: minister

The NSW government is spruiking its planned zoning changes to the industry after objections from some local councils signalled a looming housing battle.

Evening Standard

'An insult': Sadiq Khan under fire over 2.8% progress on latest affordable housing programme

A spokeswoman for the mayor promised that the programme’s delivery would ‘ramp up’ over the coming months

The Guardian - UK

Build a 500-metre tower in London as a backdrop to ‘the Slab’ on the South Bank

Letters: Bringing Europe’s tallest building back to London would be an inspiring and visionary project, says Frank DM Wilson, while Francis Bown says ‘the Slab’ will further blight the cityscape

StockNews.com

Equinix (EQIX) and Welltower (WELL): Are They Wise REIT Investments Before Earnings?

During periods of inflation, REITs often shine as they leverage the appreciating values of their properties. Yet, are Equinix (EQIX) and Welltower (WELL) fundamentally solid enough to merit consideration as ideal investments prior to their earnings release? Let's find out.

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Top News

Inflation hits 3.1% as housing costs soar, affecting American economy

In this informative interview, real estate contributor Katrina Kampens discusses the challenges of rising rent inflation and the need for policy changes to...

Evening Standard

Sadiq Khan and Rishi Sunak in war of words over plan for brownfield house building in London

London Mayor accuses PM of seeking to distract from his own ‘abysmal record of failure’ on new homes

The Guardian - UK

Sunak reveals plan to boost brownfield homebuilding in England

Measures would include making it easier to get planning permission to build on derelict sites in urban areas

Latin Times

Latinos' Net Worth Improves During the Pandemic, but Racial Wealth Disparities Increased Even More: NY Fed

A report by the New York Federal Reserve shows that cumulative net worth growth between 2019 and early 2023 was greater for Whites

Kiplinger

10 Best Places For Gen Z To Buy A Home

These are the best, and worst, cities for young people to buy a home.

Evening Standard

House prices in the Home Counties commuter belt slashed as buyers boomerang back to London

London house price growth outperformed the Home Counties last year, although £1 million plus properties across the south east saw reductions in asking prices

Newcastle Herald

'Let the park brake off': councillor frustrated with decision paralysis

'We don't need to go behind closed doors and powwow in every single instance.'

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