‘Out of reach’: median home price in Los Angeles nears $1m House prices have increased more than 30% in five years in the state’s largest city, which has at least 50,000 people living outside The Guardian - US · Aug 17, 2023
China's government tries to defuse economic fears after real estate developer's debt struggle China’s government is trying to reassure jittery homebuyers after a major real estate developer missed a payment on its multibillion-dollar debt, reviving fears about the industry’s shaky finances and their impact on the struggling Chinese economy The Independent UK · Aug 17, 2023
New accusations: Ken Paxton used burner phone, secret email account, fake Uber name to hide ties to Nate Paul After Paxton’s lawyers sought to dismiss articles of impeachment as unsubstantiated, House managers responded by accusing the suspended attorney general of going to great lengths to cover up his relationship to the real estate investor. The Texas Tribune · Aug 16, 2023
Housing for all: On scheme to help the urban poor build houses in cities There needs to be a fool-proof scheme so that ‘housing for all’ no longer remains a slogan but becomes a reality in the tangible future The Hindu · Aug 16, 2023
Why Investors Are Buying Up Shares in These 3 Industrial Stocks? The building materials industry is well-positioned for solid growth, primarily due to the substantial investments to improve infrastructure and the increasing demand for new homes. So, should you add industrial stocks Owens Corning (OC), Apogee Enterprises (APOG), and Quanex Building Products (NX) to your portfolio now? Keep reading. StockNews.com · Aug 16, 2023
London house prices fall, with rest of UK ‘doomed to follow’ as inflation cools UK house price inflation slowed to 1.7% in June, according to official data. The Independent UK · Aug 16, 2023
London’s dedicated student housing shortage laid bare in new research Around four students are chasing every purpose built room in London amid a shortage of accommodation, new research has revealed. Evening Standard · Aug 16, 2023
New, future-proofed retirement homes — from rural idylls to high-end city flats Seniors are facing a housing crisis of their own, but these new-build retirement properties can offer a new lease on life Evening Standard · Aug 16, 2023
REITs Unveiled: A Comprehensive Guide for Investors Real estate investment trusts, or REITs, are great for diversifying your portfolio and earning regular income. Explore their benefits and risks here. Kiplinger · Aug 16, 2023
House prices still rising everywhere except London, official statistics reveal UK house prices defied expectations of a crash, but prices are on their way down in London Evening Standard · Aug 16, 2023
Mayfield apartment development plans herald boom time for Maitland Road The Mayfield corridor is poised to mirror Brunker Road at Adamstown. Newcastle Herald · Aug 16, 2023
National cabinet agrees to build 1.2m new homes in bid to tackle housing crisis Albanese announces ‘new home bonus’ of up to $3bn for states and territories but continues to reject Greens calls for rent freeze The Guardian - AU · Aug 16, 2023
View from The Hill: Albanese unveils boosted housing target and incentive payments ahead of Labor national conference Prime Minister Anthony Albanese has announced $3 billion in incentives for states and territories and a boosted target for the number of homes to be built, in a package aimed at alleviating Australia’s housing crisis. The Conversation · Aug 16, 2023
Five tricks to surviving the remortgage hell of 2023, from using a broker to reading the small print As owners anxiously count down the days until their fixed term ends, here’s how to best avoid the scarily high standard variable rate Evening Standard · Aug 16, 2023
Evening Standard · Aug 16, 2023 Landlord who packed 40 tenants in four-bed Wembley home given first ever Brent Council banning order He was fined five years ago after council officers found dozens of people crammed into an unsafe four-bedroom home
The Conversation · Aug 16, 2023 Even in a housing crisis, Australians can’t get enough of renovation stories on TV. Why? The Block has begun its 19th season this month, billed as “a Block that’s entirely relatable to people right around Australia”. This year, contestants renovate five “authentic ’50s dream homes” in “the perfectly named Charming Street, in Melbourne’s Hampton East”.
The Guardian - AU · Aug 15, 2023 National cabinet announces housing plan – as it happened This blog is now closed.
Caixin Global · Aug 15, 2023 Property Investment Slid Further in July Amid Weakening Market Real estate shows no sign of rebound as sales fall again, extending the industry’s protracted contraction
Kiplinger · Aug 15, 2023 Construction Sector Sees Backlogs and Year-Over-Year Declines: Kiplinger Economic Forecasts Commercial and industrial construction projects are delayed by governmental red tape and a skilled labor shortage.
Evening Standard · Aug 15, 2023 Row after just three affordable homes started in London last quarter Criticism against the mayor was branded “utter nonsense” by a source close to Mr Khan, who said it had been impossible to start new affordable homes due to Government delays
The Hindu · Aug 15, 2023 PM Modi announces new scheme to help urban poor build houses PM Modi said that if the weaker section wants to build their own houses, the government will assist them with a relief in interest rates and loans from banks that will help them save lakhs of rupees
Evening Standard · Aug 15, 2023 Record wage growth dashes hope of respite from interest rate pain The growth in wages is anther blow to mortgage holders
Evening Standard · Aug 15, 2023 OPINION - We should reclaim all London land used for golf It is time to declare war on golfers.
Evening Standard · Aug 15, 2023 Tiny north London flat ‘smaller than many hotel rooms’ for sale for £100k to cash buyers Not much bigger than a hotel room, a 194sq ft Tottenham apartment has been described by selling agents as ‘cosy and well arranged’
The Conversation · Aug 15, 2023 The rental housing crisis is hurting our most vulnerable and demands a range of solutions (but capping rents isn't one of them) Roughly one in three Australians rent their homes. It’s Australia’s fastest-growing tenure, but renting is increasingly unaffordable. From 2020 to 2022, our research found a large increase in the proportion of renters who said their housing was unaffordable.