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The Latest Breaking News on Real Estate

Minister urged to un-freeze housing benefit amid rising homelessness

A City Hall politician has urged minister Mel Stride to increase local housing allowance

Evening Standard

Beware sharper economic slowdown and tougher inflation, warns adviser to central banks

Bank of International Settlements said markets risk ignoring aftershocks from inflation such as insolvencies and property price falls

The Guardian - UK

Raising real estate transfer tax would doom renters, businesses and many homeowners

Beneath the enticing surface of Bring Chicago Home, this proposal imposes hidden burdens, a coalition of business leaders writes.

Chicago Sun-Times

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

Pub closures rise sharply amid warning over planned business rate change

Nearly 400 pubs closed their doors for good in England and Wales in first half of 2023, almost as many as the whole of 2022

The Guardian - UK

We bought a house with my parents – can we get a mortgage to buy their share?

We’ve been told that no one would lend to us if they were still living in the property and fear we’re stuck

The Guardian - UK

Proportion of UK house sellers cutting asking price reaches ‘highest in over a decade’

More than 36% of properties have had asking price cut at least once — the highest figure since 2011

The Guardian - UK

Number of pubs shutting for good across England and Wales jumps 50%

More than two pubs a day have left local communities over the first half of the year.

The Independent UK

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Proportion of homes for sale with prices slashed ‘highest in over a decade’

The average size of the price reduction is also the highest in over a decade, at 6.2%, suggesting some sellers were too optimistic, Rightmove said.

The Independent UK

London house prices: dip in asking prices as homes take 63 days to sell

House prices in London fell once again but there are signs of an autumn lift on the horizon

Evening Standard

Michael Gove to appoint commissioners to run Birmingham city council

Housing secretary’s move will provide financial and management oversight at local authority, which is in effect bankrupt

The Guardian - UK

Labor’s first NSW budget in a decade will provide ‘practical assistance’, treasurer says

A $7bn shortfall has been forecast this financial year, but Daniel Mookhey says any cuts to be made will be in areas that ‘don’t affect people’

The Guardian - AU

Protesters demand that Japan save 1000s of trees by revising a design plan for a popular Tokyo park

Dozens of demonstrators against a divisive plan to redevelop a beloved Tokyo park are forming a human chain outside the Japanese Education Ministry to demand a revision

The Independent UK

Senate Republicans say House managers failed to meet high burden of proof

Democrats, however, said their GOP colleagues “caved” to outside pressure in voting to acquit and return Ken Paxton to his job as attorney general.

The Texas Tribune

Paxton, Acquitted

The Senate acquitted Attorney General Ken Paxton on every charge. While the impeachment trial has ended, there’s plenty more to come.

Texas Observer

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The Independent UK

Timeline leading to Texas Attorney General Ken Paxton's acquittal in his impeachment trial

A timeline of events that led to acquittal of three-term Texas Republican Attorney General Ken Paxton during his impeachment trial in the state Senate

The Hindu

Snacking: How an IT worker changed the snack game in Hyderabad

Idris Khan Mohammed created Mohammedia Shawarma, a popular snack in Hyderabad. He started with a low investment and used YouTube videos to learn how to make it. He now sells 10,000+ shawarmas a day and employs hundreds of people.

The Independent UK

Texas Attorney General Ken Paxton escapes impeachment over corruption charges

Paxton had been accused of abusing his power to benefit himself and a Texas real estate investor

The Texas Tribune

Texas Attorney General Ken Paxton acquitted on all 16 articles of impeachment

Only two of 19 Republican Senators voted in favor of convicting for any article — a stark contrast to the more than 70% of House Republicans who impeached the attorney general in May.

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news in one place.

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Kiplinger

Best Time of Year to Buy A House

You may find a good home deal at any time of year, but certain seasons or even months have the perfect blend of inventory, supply and price. Here's when to look.

The National (Scotland)

'No brainer' independent Scotland could build more affordable homes, says minister

IT is a “no brainer” that Scotland could build more affordable homes if it had more borrowing powers with independence, the Housing Minister…

The Guardian - AU

The Australian Greens lost the rent cap battle, but will they win the war for votes?

Labor decried the party as ‘the axis of evil’ for siding with the Coalition, but pollster says their stance is a vote-winner

Chicago Sun-Times

‘Protect our home:’ Girl Scouts paint mural in support of resident opposition to proposed data center in South Loop

Local residents continue to rally against the expansion of a data center, citing concerns of noise disruption and potential air pollution, according to the president of the Prairie District Neighborhood Alliance.

The Independent UK

A look at notable impeachments in US history, including Texas Attorney General Ken Paxton

Texas Attorney General Ken Paxton's impeachment trial on corruption allegations is among several such proceedings that have occurred in U.S. history

Chicago Sun-Times

Proposed law would protect South Shore from gentrification threat near Obama Center

Ald. Desmon Yancy’s housing preservation ordinance seeks to address the South Shore neighborhood’s affordable housing crisis — an issue that has been festering for years.

Chicago Sun-Times

Fighting gentrification in Little Village, residents look to create a housing co-op

Worried about being priced out of their community, a group is exploring how to buy a building together and live there: “I don’t want to leave,” one person says. “There are many people who love Little Village but had to leave.”

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