Borrowers cutting back with more pain to come: RBA Mortgage payments are at a record share of household disposable income, says a senior Reserve Bank official, and are expected to rise even further. AAP · Oct 11, 2023
Map reveals best areas to move for first time buyers Youngsters are willing to move across the country to be able to afford a home The Independent UK · Oct 11, 2023
Horoscope for Wednesday, Oct. 11, 2023 There are no restrictions to shopping or important decisions. The moon is in Virgo. Chicago Sun-Times · Oct 11, 2023
Funding for more Queensland social housing amid crisis The Queensland government will build another 600 social homes across the state thanks to a federal funding injection of almost $400 million. AAP · Oct 11, 2023
Banks have only passed on three-quarters of interest rate rises to depositors, RBA says Increase compares favourably with New Zealand and the US, Reserve Bank assistant governor says The Guardian - AU · Oct 11, 2023
‘Up-and-coming’ locations for first-time buyers revealed Halifax based its analysis on house prices, as well as factors that first-time buyers indicated are desirable, such as links to cities and schools. The Independent UK · Oct 10, 2023
Labour wants to build 1.5m homes – but how green will they be? Analysis: Keir Starmer promised a huge expansion of affordable housing, but made no mention of ‘climate’, ‘low carbon’ or ‘net zero’ The Guardian - UK · Oct 10, 2023
Labour plans next wave of new towns in pledge to build 1.5 million homes Sir Keir Starmer said the plans would not involve ‘tearing up the green belt’. The Independent UK · Oct 10, 2023
What is a greyfield site? Keir Starmer’s plan to overhaul housebuilding in UK The plans will see low-quality greenbelt areas be released to develop affordable housing The Independent UK · Oct 10, 2023
Here are the big stories from Tamil Nadu today ED invokes PMLA to seize 15 properties of ex-Union Minister A. Raja. Real estate firm gave kickback to Raja in exchange for environmental clearance. ED searches sand quarries in TN for illegal sand mining. TN govt. announces amnesty scheme for traders with dues below ₹50,000. CM Stalin announces release of… The Hindu · Oct 10, 2023
Bank of England flags concerns over longer mortgages and rise in credit card use UK central bank’s financial policy committee says borrowing trends could lead to debt troubles in near future and longer term The Guardian - UK · Oct 10, 2023
Building on the greenbelt is central to solving the housing crisis – just look at how the edges of cities have changed Amid new targets of 1.5m new homes over five years, the Labour party has pledged to review the planning rules which dictate where housing in England can be built. The shadow chancellor, Rachel Reeves, has said that “a common-sense approach” to deciding quite what land is worth protecting and what… The Conversation · Oct 10, 2023
Mast Quay: homes listed for private rent despite demolition notice Agents are still offering apartments within the Woolwich scheme despite Greenwich council ordering part of it to be pulled down due to planning breaches Evening Standard · Oct 10, 2023
Labour will build new towns and Georgian housing, Starmer to promise State-backed companies to get compulsory purchase powers, as Labour leader reveals housing plans The Independent UK · Oct 10, 2023
The Independent UK · Oct 10, 2023 Chinese developer Country Garden says it can't meet debt payment deadlines after sales slump Chinese property developer Country Garden has warned it cannot meet deadlines to repay its debts
The Guardian - UK · Oct 10, 2023 China’s Country Garden warns it could default on debt Property developer has about $200bn in liabilities and says its sales are ‘under remarkable pressure’
AAP · Oct 10, 2023 Fraudster Melissa Caddick's penthouse auction scrapped The luxury penthouse apartment formerly owned by Sydney conwoman Melissa Caddick has been withdrawn from auction with plans to sell the property privately.
The Guardian - UK · Oct 10, 2023 Labour’s plan for ‘the builders not the blockers’ is a capitulation to developers Of course Britain needs renewable energy infrastructure and more houses. But Rachel Reeves has laid out a ruinous path, says Guardian columnist Simon Jenkins
The Independent UK · Oct 10, 2023 Donald Trump’s civil fraud trial resuming with ex-CFO Allen Weisselberg on the witness stand Donald Trump’s longtime finance chief is set to testify as the former president’s civil trial enters its second week
Newcastle Herald · Oct 9, 2023 New high-rise apartment block to dot the skyline at Charlestown Another high-rise apartment block will dot the skyline at Charlestown.
The Independent UK · Oct 9, 2023 Husband relives nightmare of watching his wife taken hostage by Hamas in Israel Yoni Asher describes the horror of seeing his wife and children being held hostage by Hamas militants
The Independent UK · Oct 9, 2023 California suspect arrested after DNA links him to 1983 cold case of murdered beauty queen Noelle Russo, 37, was beaten to death in a California park 40 years ago
The Hindu · Oct 9, 2023 Automated Plan Approval system to approve plans to construct houses in Bengaluru Govt to introduce Automated Plan Approval (APA) sys for house construction on plots up to 50/60ft. Property owners to upload plans to sys; fixed fees for approval; no need to visit BBMP offices. Aim to reduce corruption & bring in transparency. New tax sys to boost revenue & issue digital…
The Guardian - UK · Oct 9, 2023 ‘Battle of Trevalga’ ends with Cornish estate’s sale to property giant Real estate group reassures residents of medieval parish they will not be evicted from their homes
The Independent UK · Oct 9, 2023 Is Mar-a-Lago worth $1 billion? Trump's winter home valuations are at the core of his fraud trial How much is Donald Trump’s Mar-a-Lago worth