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The Latest Breaking News on Real Estate

If taxing the rich is so fraught, maybe we need a rethink

The cost of government is rising, yet raising taxes is bad politics. From productivity to ‘degrowth’, the left ought to get behind the more radical approaches

The Guardian - UK

A woman’s eviction from Richton Park home shows flaws of crime-free ordinances

If calling police is a step law-abiding citizens are encouraged to do, crime-free ordinances that punish them from doing so only threaten to hinder police investigations.

Chicago Sun-Times

Low-energy house in Catalonia minimises its footprint to make the most of its site

Alventosa Morell Arquitectes’ low-energy house in Catalonia nestles into the landscape

Wallpaper

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read the most diverse news in one place.

Mortgage Guarantee Scheme extended – 10 of the best London first-time buys under £600,000

With the Mortgage Guarantee Scheme extended until June 2025, there's still time to secure a £600,000 home with a five per cent deposit. Here are ten of the best

Evening Standard

Seattle Banned Landlords From Rejecting Tenants Based on Criminal Records. Will the Supreme Court Step in?

The political push behind the law was well-meaning. But it will backfire on many prospective renters.

Reason

MSG Sphere developers say scheme still dead despite ministers 'calling in' planning rejection

Plans for a huge orb-like structure in Stratford were rejected by Sadiq Khan

Evening Standard

UK economy shows signs of steadying amid pause in interest rate rises

Modest fall in mortgage costs and rising manufacturer confidence fuel hopes that pressure is easing on consumers and companies

The Guardian - UK

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Tenants' union vows to fight 'tooth and nail' for rent controls as prices soar

TENANTS' rights campaigners have vowed to fight “tooth and nail” for comprehensive rent controls after it was revealed prices had soared above…

The National (Scotland)

Tech innovations reinventing real estate landscape

Real estate in India stands as a distinctive asset class, boasting a lineage of innovation, expansion and occasional challenges. PropTech start-ups are revolutionizing the sector with digital makeover, transforming transactions, urban planning and design, construction, rental and property management. These start-ups are rewriting the playbook of the real estate industry,…

The Hindu

Court rules parts of Edinburgh's crackdown on Airbnb-style properties 'unfair'

Parts of the City of Edinburgh Council’s short-term let licensing policy are “unfair” and “illogical”, a judge has ruled, in a decision…

The National (Scotland)

Chicago City Hall is owed billions of dollars it hasn’t managed to collect

A Sun-Times analysis finds that thousands of scofflaws — many from the suburbs — have dodged city debts over the years, depriving City Hall of a massive sum of money as Mayor Brandon Johnson faces steep budget challenges.

Chicago Sun-Times

UK house prices rise for third straight month as mortgage rates fall

Nationwide says average property price was £258,557 in November, £5,231 down on same month last year

The Guardian - UK

UK house prices inch higher but ‘rapid rebound’ in property market unlikely

House prices inched up by 0.2% last month, compared with October, Nationwide revealed in its monthly House Price Index.

The Independent UK

Trump biopic "The Apprentice" details

Check out which Marvel star will play the former president when he was building his real estate empire

Salon

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The National (Scotland)

Glasgow formally declares housing emergency amid increase in homelessness

Scotland’s biggest city has declared a housing emergency as the council expects an increase in homelessness cases.

Newcastle Herald

Home prices growth in Newcastle and Lake Macquarie top in state in November

The median house value in Newcastle has climbed to $878,672.

The Independent UK

Senate Judiciary authorises subpoenas of conservative activists in Supreme Court ethics probe

Thursday’s contentious hearing ended in an entirely Democratic vote after Republican members of the committee walked out

The Independent UK

The average long-term US mortgage rate falls to 7.22%, sliding to lowest level since late September

The average long-term U.S. mortgage rate fell for the fifth week in a row, more good news for prospective homebuyers grappling with an increasingly unaffordable housing market

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AAP

'We're under pressure too', Chalmers tells treasurers

State and federal treasurers are yet to reach an agreement on the GST no worse off guarantee but talks are set to continue at national cabinet next week.

AAP

Home prices break through ceiling but growth eases

The housing market downturn of last year has been completely unwound, but the pace of growth is slowing.

Marie Claire

Sebastian Stan Cast as Young Donald Trump in Upcoming Biopic 'The Apprentice'

It'll follow Trump in the '70s and '80s in New York.

Evening Standard

High rental costs fuel loneliness among older Londoners, data reveals

'An already critical situation is on the verge of getting much worse', the National Housing Federation warns

The Independent UK

Housing ‘disgrace’ as number of families in temporary accommodation hits record high

Nearly 140,000 children are living in temporary homes

The Guardian - UK

Eurozone inflation falls to within striking distance of 2% target

November’s figures fuel speculation about timing ECB interest rate cut as concerns grow about national finances

The Guardian - UK

Six times more newly homeless families than new social houses, England data shows

Councils forced to put people in expensive temporary accommodation as only 8,386 social homes built in 2022-23

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