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The Latest Breaking News on Real Estate

San Francisco's Can-Kicking on Zoning Reform Could See It Lose All Zoning Powers

Plus: the U.S. Justice Department says zoning restrictions on a church's soup kitchen are likely illegal, more cities pass middle housing reforms, and California gears up for another rent control fight.

Reason

Councils to monitor second homes turned into short-term lets amid tax changes

Councils will monitor whether new tax changes for second homes will lead to the properties being turned into short-term lets instead, a minister has…

The National (Scotland)

Moody’s cuts China credit outlook to negative as economy slows

Rating agency says Beijing may need to bail out local governments as property sector collapses

The Guardian - UK

From analysis to the latest developments in health,
read the most diverse news in one place.

NSW government’s plan to address housing crisis by rezoning land around train stations accidentally revealed

Thousands of homes will be built around eight stations, details accidentally published online by the planning department show

The Guardian - AU

RBA interest rates: Australian mortgage holders spared pre-Christmas rise from Reserve Bank

The Reserve Bank of Australia keeps its cash rate on hold at 4.35% in line with expectations from economists after inflation continued to slow

The Guardian - AU

Trump will face gag order during fraud trial testimony after another courtroom loss

A judge rejected his attempt to fast-track an appeal before he returns to the witness stand

The Independent UK

Affordable housing would get a boost with better zoning policies

There are zoning reforms that would help Chicago achieve its vision of abundant housing and better access to transit.

Chicago Sun-Times

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London council ordered to pay £50,000 to woman forced to live in mouldy home

Hammersmith and Fulham Council 'chose to ignore' a resident's struggles with leaks, damp, mould and cracked walls

Evening Standard

An upcoming auction will determine the fate of this once-proud Ohio golf club

"I know there are people who want it to remain a golf course," said a realtor. And it still could be.

USA Today Sports Media Group

London house prices: the boroughs where homes have become least affordable since 2013

New analysis shows the extent to which property values moved away from salaries across the capital in the past decade

Evening Standard

Twickenham: Eel Pie Island residents fight to save car park under threat from £20million development

Richmond Council is planning a £20million Thameside development which island residents claim will reduce the value of their homes

Evening Standard

What Would Accreditation Change Mean for Real Estate Investors?

Investors determined by a test to be ‘financially savvy’ would be allowed to invest in ways that they can’t now without having a certain level of assets.

Kiplinger

Three-bedder in Pelican sells $250k above reserve at auction for $1.2 million

There was also a surprising result at an auction in Marks Point.

Newcastle Herald

What We Know About Evergrande's Financial Future

A Hong Kong court on Monday gave Chinese property giant Evergrande until the end of January to put together a restructuring plan, offering the embattled firm much-needed breathing room as it teeters on the brink of bankruptcy.

International Business Times

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Newcastle Herald

Auction result breaks Islington suburb record one week after last top sale

Another auction in Broadmeadow drew 18 registered bidders.

The Guardian - UK

UK house prices likely to fall by 1% next year, says Rightmove

Competition among sellers will increase as mortgage rates settle at ‘elevated’ level, website predicts

The Conversation

We all know about JobKeeper, which helped Australians keep their jobs in a global crisis. So how about HomeKeeper?

Bipartisan support for temporary extra government spending to preserve businesses and jobs through JobKeeper was one of the few positive outcomes from the COVID-19 pandemic.

Newcastle Herald

Cessnock is booming: how will the city cope with 112,000 people?

'I don't think you can ever do enough forward planning.'

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news in one place.

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Chicago Sun-Times

Dear Abby: How much should I help friend who’s homeless?

Reader doesn’t want a roommate but worries about the safety and living conditions of friend living in a car.

The Independent UK

Chinese developer Evergrande risking liquidation if creditors veto its plan for handling huge debts

A Hong Kong court will convene a hearing Monday on troubled Chinese property developer Evergrande's plans for restructuring its more than $300 billion in debts

The National (Scotland)

'Unprecedented' levels of deprivation caused by UK political choices, report finds

THE Tory government has been urged to reform the benefits system following new research that shows people living in Scotland’s social housing are…

The National (Scotland)

Homeless crisis sparks call for Scotland to declare 'national housing emergency'

CHARITIES have called on the Scottish Government to declare a national housing emergency, claiming Scotland’s homeless system is at breaking point…

The Guardian - AU

Vacant property taxes, levies and caps on the table as NSW Labor reviews Airbnbs and short-term rentals

Exclusive: Minns government to place every aspect of housing ‘under the microscope’ as it confronts rental crisis

The Independent UK

Mayor of London’s decision to reject plan for Las Vegas-style giant sphere to be reviewed

The future of a 21,000 capacity Las Vegas style sphere in Stratford hangs in the balance

AAP

RBA likely to spare borrowers Christmas rates pain

The Reserve Bank interest rate decision and growth statistics for the September quarter to dominate the economic agenda this week.

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