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The Latest Breaking News on Real Estate

Renting families, overseas students not in competition

Rentals are in short supply and prices are rising fast but there's more to the story than international students, the Student Accommodation Council says.

AAP

Australian shares tumble as RBA rate rise back on table

The ASX200 has fallen 1.4 per cent as investors fear persistent inflation could convince the Reserve Bank to raise interest rates once more.

AAP

Some too plain, some plain ugly: our cities need better buildings

We are approving too many apartment buildings that aren't going to age well.

Newcastle Herald

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‘Ludicrous’ plan to build skyscraper over Georgian Birmingham building rejected

Councillors unanimously refuse permission for 42-storey block of flats on top of former residence and hospital

The Guardian - UK

‘Must love dogs and rude roommates’: the scramble to get around New York’s Airbnb crackdown

Strict rules have led to a wild west of rentals, with visitors choosing between huge hotel bills or word-of-mouth deals

The Guardian - US

Hamilton's historic Fettercairn relisted with $2.9 million guide

The property is open for inspection on Saturday.

Newcastle Herald

Biden Gains Union Endorsement, Targets Trump's Business Record

President Biden secures endorsement from Building Trades Unions, highlighting contrast with Trump's leadership and values.

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Renters Reform Bill: No-fault eviction ban 'abolishes section 21 in name only' warn campaigners

Landlords must have “greater protections” under new rules, says Under Secretary for Housing

Evening Standard

One-Third of Parents Are Paying An Adult Child's House Down Payment? Are You?

As housing costs soar, Gen Z and Millennial home buyers are turning to family for help with down payments.

Kiplinger

Sadiq Khan: 'Mould sensors' in London's rental homes could hold bad landlords to account

The latest campaign pledge from the Labour mayor comes just eight days before Londoners go to the polls

Evening Standard

Can You 1031 Exchange into a REIT?

No, you can't, but two other REIT-like alternatives let you defer capital gains taxes while giving you exposure to institutional-quality real estate assets.

Kiplinger

Viewpoint: Evaluating the Office Space Identity Crisis

Can the current technology transformation help deliver critical insights for businesses?

AVNetwork

Italian Police Capture The US’s Most Wanted Fugitive

Last week, Moises Tejada, 54, was found with three concealed knives in St Peter's Square near the Vatican

Zenger

An overview of the PMAY-U scheme | Explained

The Hindu gives an overview of the PMAY Urban scheme and states how the program falls short of goals, facing challenges in urban and rural areas

The Hindu

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Evening Standard

Penthouse apartment with views over Wimbledon tennis grounds on the market for £1.5 million

It’s a game, set and match made in heaven for any tennis fanatic

The Guardian - UK

Against Landlords by Nick Bano review – valuable ideas for how to solve Britain’s housing crisis

In this flawed but powerful book, a housing lawyer argues that an abundance of private landlords, not a dearth of homes, is to blame for the miseries of ‘generation rent’

Evening Standard

Townhouse on Craven Street listed for £11 million after an online-only estate agent visit

Herman Melville lived on the same street, which was at the centre of a bizarre Benjamin Franklin serial killer conspiracy

AAP

Senators want property tax reforms back on the agenda

Modest tax changes could save the budget billions and help "turn the ship around" for first-home buyers, senators David Pocock and Jacqui Lambie say.

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AAP

Government seeks to dismiss tower residents' court case

The Victorian government says a tenant of one of Melbourne's 44 public housing towers has no real prospects of winning a legal fight against their demolition.

Al Jazeera

Residents challenge plans to demolish Melbourne public housing towers

Knocking down all 44 public housing towers in Australia’s biggest city could tear communities apart, residents say.

The Guardian - US

Suspect arrested after break-in at Los Angeles mayor Karen Bass’s home

Bass and her family were at home but not harmed when a man entered Getty House, the mayor’s official residence

AAP

Housing crisis to 'get worse before it gets better'

Tax reform, building more public housing, and lifting social support payments have all been floated as pieces of the housing affordability puzzle.

Evening Standard

Stamford Hill leaseholders 'blindsided' with £35,000 roof repair bill

Residents say they have to give up plans to start businesses and get married in order to fit the costs

Evening Standard

London properties add £9,000 to asking priced as more family homes come onto the market

More sellers are coming to the rebounding market as people rush to move ahead of the election, reports Rightmove

Wallpaper

Ray Phoenix to rise in Arizona

Ray Phoenix housing project launches, designed by Johnston Marklee, who worked with Lamar Johnson Collaborative, for property experts Ray and Vela

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