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The Latest Breaking News on Real Estate

Here’s How Much Money People Need Just To ‘Get By’ In Each US State Via Salary

The salary required to "get by" is vastly different depending on which state the people live in.

Zenger

Renting vs buying in London: rents set to rise twice as fast as house prices by 2026

Across Britain, rents could rise by 25 per cent over a four-year period, compared with 5.5 per cent growth in house prices

Evening Standard

UK building group Vistry to focus solely on social housing

Streamlining operations will result in some job cuts while investors will receive £1bn over next three years

The Guardian - UK

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Winner picked for Pershing Road project; plans would reinvent an industrial colossus

City planning officials have agreed to work with IBT Group on redeveloping properties that are part of the Central Manufacturing District.

Chicago Sun-Times

Paxton trial, Sept. 11: Whistleblower says political donor acted like he was the “real boss” of AG’s office

One whistleblower testified that Ken Paxton didn’t trust law enforcement after his own securities fraud indictment. Senators could begin deliberating the impeachment charges later this week.

The Texas Tribune

London planning approvals lowest since 2010 as red tape and interest rates suppress housebuilding

New home applications submitted and granted, as well as construction starts, totalled just 21,918 in the first half of 2023

Evening Standard

Thailand’s Srettha pledges urgent action to tackle ‘sick economy’

New prime minister promises to hand out cash, reduce energy prices and boost tourism to stimulate sluggish economy.

Al Jazeera

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Housebuilder Vistry to cut jobs as it focuses solely on affordable housing partnerships

Vistry posted resilient first-half results, mainly thanks to the strength of its affordable housing partnership divisions

Evening Standard

Afternoon Update: Labor and Greens strike housing deal; NSW police ready to assist on Luis Rubiales; and three stars for Neighbours return

Greens agree to support Labor legislation after securing an additional $3bn in immediate funding for public and community housing

The Guardian - AU

Thailand's new prime minister tells Parliament his government will urgently tackle economic woes

Thailand’s new Prime Minister Srettha Thavisin has vowed to act quickly to relieve the country’s economic problems in his inaugural speech to Parliament

The Independent UK

Government provides another $1 billion to finally win Greens' support for long-delayed housing bill

The government has provided another $1 billion for public and community housing to secure a deal with the Greens to finally pass the Housing Australia Future Fund.

The Conversation

Horoscope for Monday, September 11, 2023

There are no restrictions to shopping or important decisions. The moon is in Leo.

Chicago Sun-Times

Greens agree to support Labor’s $10bn housing fund, breaking months-long impasse

Greens leader Adam Bandt and housing spokesperson Max Chandler-Mather say minor party will now support Housing Australia Future Fund

The Guardian - AU

Rents ‘could rise four times as fast as house prices across the years ahead’

Across Britain, rents could rise by 25% over a four-year period, compared with 5.5% growth in house prices, Hamptons predicts.

The Independent UK

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The Guardian - UK

UK firms ‘slow output and rein in hiring as borrowing costs rise’

Survey of businesses gives further indication that Bank of England could limit future interest rate rises

The Times of India

Post HRera, NCR saw 74% projects completion: Report

GURGAON: In NCR, around 86 projects comprising of 34,520 units were launched during the post-HRERA (Haryana Real Estate Regulatory Authority) period from H2 2017 and entire 2018. Out of these, 64 projects which constitute around 74% are complete, according to latest report by real estate consultants.

The Hindu

PMAY (Urban)-LIFE beneficiaries can now build houses even outside local body limit

PMAY (Urban)-LIFE housing project beneficiaries can now avail benefits even if constructing house outside local body limit. Separate project with ₹4 lakh (₹6 lakh for STs) for gen/SC/STs approved by district planning committee. Urban local body to provide ₹3 lakh, State ₹1 lakh. HUDCO loan of ₹2 lakh per beneficiary…

Kiplinger

How Much Does It Cost to Sell a House? Don’t Overlook These Common Fees

Selling a home isn’t free. Learn about the most common — and often overlooked — costs involved in selling your house, from agent fees to prep work.

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news in one place.

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The Guardian - US

San Francisco razed its ‘Harlem of the West’. Detectives seek those who lost homes

Decades after the city displaced thousands of mostly Black families, private investigators are helping them reclaim housing

Evening Standard

Ten family-sized homes for sale in London for less than £600k — without having to go beyond Zone 2

Thought a third bedroom would push you out to the suburbs? These houses and flats in prime spots all have space for a second home office – or child

The Independent UK

Judge says civil trial over Trump's real estate boasts could last three months

An upcoming civil trial over allegations that former president Donald Trump lied about his wealth could last as long as three months

The Independent UK

A former Texas lawman says he warned AG Ken Paxton in 2020 that he was risking indictment

A former Texas lawman says he told Attorney General Ken Paxton in 2020 that he was risking indictment by by helping a donor under FBI investigation

The Independent UK

California governor signs bill to clear hurdles for student housing at Berkeley’s People’s Park

Democratic Gov. Gavin Newsom has signed a bill aimed at clearing the way for construction of a controversial student housing project in a historic Berkeley park

The Texas Tribune

Paxton defense presses whistleblower on what evidence he brought to FBI

On cross examination, Paxton’s defense attorney launched into whistleblower Ryan Vassar for bringing no physical evidence when he and others reported their boss to the FBI. Vassar said he was a witness and not an investigator.

USAFacts

Why are US homes getting bigger while households shrink?

American single-family homes are 20% larger today than they were in 1990 — but households are the smallest they've been in eight decades.

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