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The Latest Breaking News on Real Estate

Edinburgh council leader backtracks from support of short-term let deadline extension

THE leader of City of Edinburgh Council has appeared to back an extension of the deadline for short-term let operators to apply for a licence -…

The National (Scotland)

Comment: ‘the Government can no longer afford to play the wrong hand on affordable housing’

As our once rock-solid property market feels rumbles, Ella Jessel learns what can be done for affordable homes

Evening Standard

1031 Exchange: Do You Know Your ‘Like-Kind’ Options?

You might have some misconceptions about what kinds of real estate investments qualify for your 1031 exchange. Read on for a definitive list of your like-kind options.

Kiplinger

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New audit by inspector general lauds city outreach to homeless encampments

The city has periodically been criticized for hosing down and clearing homeless encampments without giving sufficient notice or trying to preserve personal items. An audit by the city’s watchdog found just the opposite.

Chicago Sun-Times

The Ken Paxton Files: What’s in House Investigators’ New Trove of Impeachment Evidence?

Nearly 4,000 pages of evidence paint the clearest picture yet of the allegations against the attorney general.

Texas Observer

Reluctant banks are partly to blame for the UK’s housing crisis – but alternative lenders offer a way forward

THE ARTICLES ON THESE PAGES ARE PRODUCED BY BUSINESS REPORTER, WHICH TAKES SOLE RESPONSIBILITY FOR THE CONTENTS

The Independent UK

Mortgage Rates Climb To 7.31%, Highest In 23 Years: Shocking Chart Reveals Tremors In Housing Market

The U.S. housing market is facing a seismic shock. Mortgage rates skyrocket to levels not seen in over two decades.

Zenger

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How to debate a missing Donald Trump

If any Republican candidate wants to open a new line of criticism of Donald Trump, look at the Trump Organization

Salon

Srettha Thavisin: the real estate tycoon turned Thai prime minister

Businessman has no experience in government, but Pheu Thai says his industry past means he can help boost economy

The Guardian - UK

Historic conversions and cutting-edge gems: where to find period-property charm without compromising on modern comforts

New homes across London and Sussex in repurposed landmarks and cutting-edge builds with architectural merit

Evening Standard

Homes more affordable but borrowers stretched by rising mortgage costs – Halifax

The mortgage lender said soaring interest rates are offsetting the benefits of falling house prices and strong wage growth.

The Independent UK

The Superloop effect: London’s bus boost promises better suburban links — so which areas are set to benefit most?

With London’s outer boroughs soon to be connected by a circular suburban bus network, we discover the neighbourhoods ready to shine

Evening Standard

China’s economic model is faltering – does it have the political will to fix it?

The country’s property crisis is causing damage that requires Xi to make liberal or market reforms

The Guardian - UK

Sadiq Khan: Housing crisis is forcing London’s public sector workers to quit

The mayor warned that the capital’s public sector workers ‘are faced with stagnant wages’

Evening Standard

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The National (Scotland)

Scottish area is 'most affordable in the UK' to a buy a home

THE Halifax Affordability Review has named six Scottish local authority areas among the top 10 most affordable in the UK – with Inverclyde the…

Evening Standard

How affordable is your London borough? House price to income ratios for every London area revealed

Despite cooling prices, London homes still cost several times the average salary

The Conversation

Better than net zero? Making the promised 1.2 million homes climate-friendly would transform construction in Australia

The national cabinet has announced plans to build an extra 1.2 million homes by July 1 2029. The construction, operation and maintenance of buildings accounts for almost a quarter of greenhouse gas emissions in Australia. If these new homes are built in a business-as-usual fashion, they will significantly increase national…

Chicago Sun-Times

Johnson OKs deal to raise tax on high-end home sales, use funds to combat homelessness

Compromise cuts transfer tax rate for properties sold under $1 million, progressively raises it for sales above $1 million.

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news in one place.

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One news app.

The Independent UK

Home sales slumped in July as rising mortgage rates and prices discouraged many would-be homebuyers

Sales of previously occupied U.S. homes fell last month to the slowest pace since January, as elevated mortgage rates and a stubbornly low inventory of homes on the market combined to discourage many would-be homebuyers

The Guardian - US

How a Craigslist scam led me to home ownership at age 28

I finally found a perfect little house in the countryside that was both affordable and accessible – but was it too good to be true?

Al Jazeera

Who is Srettha Thavisin, the man who could lead Thailand?

The property tycoon is set to become prime minister after his Pheu Thai party secured support from pro-military parties.

Kiplinger

What Is Redlining?

Redlining is a type of mortgage discrimination in which lenders deny loans based on a neighborhood's racial composition.

The Guardian - AU

Morning Mail: poll backs rent caps, Catholic hospitals refusing abortions, Trump set US$200,000 bond

Our latest Essential poll shows three-quarters back help for tenants, and we reveal how publicly funded facilities are limiting women’s care

The Guardian - AU

Essential poll: three in four Australians say rents should be capped to inflation or frozen until economy improves

Housing tussle between Labor and the Greens does not impact PM’s popularity with 37% feeling positive about Anthony Albanese

The Hindu

Use insolvency code as a last resort, says panel on stalled housing projects

An expert committee has said judicial interventions such as Insolvency and Bankruptcy Code (IBC) should be used only as a last resort in case of stalled housing projects

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