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The Latest Breaking News on Real Estate

'Devastating': Millions slashed from housing budget amid rising homelessness levels

MILLIONS have been trimmed from Scotland’s housing budget – despite rising levels of homelessness and a housing crisis.

The National (Scotland)

Motorist buys London balcony for £35,000 to get hold of Kensington parking permit

The property agent said it was a sign of the times with the poor getting poorer and the rich getting richer

The Independent UK

3 Retail REITs Flashing 'Buy' for Year-End

Amid a slight dip in inflation and resilient holiday spending, opting for Buy-rated retail REITs SmartCentres (CWYUF), Simon Property (SPG), and Saul Centers (BFS) could be a wise move for a reliable income stream. Read on….

StockNews.com

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OPINION - Want to buy a house? Pick your parents carefully

I don't know what a coup d'état in Britain would look like. Presumably, the belligerents would simultaneously seize Whitehall/Parliament, the BBC and GCHQ amongst other institutions.

Evening Standard

Boy living in ‘social housing hell’ asks Santa for house that doesn’t have any mould

The Lambeth family has had to move between five different hotels since they left their mould-infested flat in November

The Independent UK

Income tax band for higher earners introduced during Scottish Budget

THE Scottish Government has announced a new income tax band for higher earners in its annual Budget.

The National (Scotland)

Row breaks out between Sadiq Khan and Government as ministers threaten to strip Mayor of planning powers

Housing Secretary Michael Gove has employed a panel of experts to review the London Plan and find where property building in the capital can be sped up

Evening Standard

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California Officials Force Elderly Couple To Dismantle Home, Citing Blocked Ocean Views

Plus: Austin's newly passed zoning reforms could be in legal jeopardy, HUD releases its latest census of the homeless population, and a little-discussed Florida reform is spurring a wave of home construction.

Reason

More Than One in Four Latinos in Los Angeles County Experienced Homelessness Last Year

A new report sheds light on the impact of so-called doubled-up homelessness in this demographic

Latin Times

Biggest Celebrity Real Estate Profits 2023

What housing market slowdown? Mark Wahlberg, Brad Pitt, Celine Dion and others made $20 million in profits apiece, study shows.

Kiplinger

Stamp duty raised from property sales in London hits a record £5.6 billion

Westminster alone delivered £765 million in stamp duty receipts to Jeremy Hunt

Evening Standard

Housing Market In 2024: Another Boom Or Another Bust?

Lower interest rates ease the cost of financing home purchases. As a result, it could help revitalize the market for existing homes, as homeowners will be looking for opportunities to move to bigger or smaller homes, depending on their family needs.

International Business Times

Last Orders? UK Pubs Hit By Rising Costs And Changing Tastes

They've served Roman soldiers, knights and poets and have been a gathering place for communities to enjoy a brew beside a crackling fire for centuries.

International Business Times

Year in review: the top 10 house stories of 2023, as selected by Wallpaper’s Ellie Stathaki

Discover our top 10 house stories of 2023, from modernist reinventions to urban dwellings and idyllic retreats

Wallpaper

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The Guardian - UK

Michael Gove threatens action against English councils over housing plans

Housing secretary aims to bring end to delays, as weakening of housing targets is confirmed

AAP

RBA wary of unemployment jump ahead of rates call

The central bank board mulled over another cash rate increase or staying on hold at the December meeting, and kept its options open for more tightening.

France 24

No, Volodymyr Zelensky didn’t buy a villa in Florida

Did Ukrainian President Volodymyr Zelensky buy a house in Florida? And did he get American citizenship? Those are the rumors circulating on social media along with a couple of photos. However, the villa that appears in the photos is still up for sale and the certificate of nationality is fake,…

The Guardian - UK

Barton House problems less severe than first thought, Bristol council says

After more surveys on 65-year-old block, council says residents will be allowed back but it cannot say when

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news in one place.

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AAP

Housing crisis: don't blame migrants for the mess

Housing groups and social service organisations say decades of poor policy choices are chiefly to blame for surging rents, not migration levels.

Salon

Clarence Thomas' money woes revealed

Thomas pushed for higher salary — and to allow Supreme Court justices to take speaking fees

The Guardian - AU

‘They honestly saved my life’: the Victorian project saving girls from the cycle of exploitation and abuse

Living Free is having such a profound positive effect that there are calls to expand it across the state, yet it is still to be permanently funded

The Guardian - AU

Migrants scapegoated as cause of Australia’s housing crisis a ‘disturbing’ trend, advocates say

Housing and welfare groups call on Anthony Albanese and Peter Dutton to show leadership amid rise in ‘nonsense’ rhetoric

Evening Standard

Half of London boroughs could face £2,000 average council tax bills from April in latest cost of living blow

Annual council tax bills are predicted to soar again as town halls seek more funds for services already stretched to capacity

Evening Standard

London house prices: how the 'prime property playgrounds of elite homebuyers' have been affected by Brexit

The true impact of the UK's decision to leave the EU on London's housing dynamics is revealed in new research

Woman & Home

Property experts reveal why Boxing Day is the best time to sell a home

Whether you're planning on putting your house on the market or have been trying to sell for months, you may be lucky during 'Boxing Day sales'

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