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The Latest Breaking News on Real Estate

Pause on new regulations to fast track building homes

A pause in new regulations on construction standards will aim to have homes built faster under changes stemming from the productivity roundtable.

AAP

Paying Off A Car Tanked His Credit Score Below 700, Sparking Job Security Concerns. Dave Ramsey Calls His Employers 'Too Stupid To Work For'

A Missouri man named Ren called into “The Ramsey Show” with a question that mixed personal finance with job stability. He had just paid off his car loan, but instead of feeling accomplished, he was worried.

Benzinga

A 30-Year-Old Man Who Has An $83,000 Debt Asks How To Get Back On Track: 'We Don't Have Any Savings Or Emergency Fund'

Having debt makes it harder to save money, invest in retirement accounts, and feel good about your long-term finances. That's why attacking a big debt early is a great move, but the longer you wait, the more time it has to compound.

Benzinga

From analysis to the latest developments in health,
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From 401(k)s to Mortgages: What Jerome Powell's Surprise Rate Cut Signal Means for Americans

Fed Reserve Chair Jerome Powell's surprise rate cut is set to ripple through the US economy, affecting everything from 401(k)s to mortgages. Here's what the move could mean for ordinary Americans.

International Business Times UK

Big ideas to fix housing left untouched at roundtable

Plans to improve housing supply have emerged from the productivity roundtable, but economists say they won't fix the biggest issues affecting affordability.

AAP

‘I’m not against development, but …’: Sydney’s plans for greater density face a morass of confusion and hostility

NSW has big plans to encourage more properties to be built, but it’s far from easy to satisfy councils, planning experts, residents and would-be residents

The Guardian - AU

The 28% Rule for Housing: Does It Still Work in Today’s Market?

Rising home prices and stubborn mortgage rates put this long-standing rule to the test.

Kiplinger

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Peter Schiff Dismisses Trump Claim That Fed Rate Cut Will Help Homeowners, Says Maybe Jerome Powell Is 'Helping Housing'

Economist Peter Schiff challenged former President Donald Trump's claim that Federal Reserve Chair Jerome Powell is hurting the housing market by delaying rate cuts, arguing the opposite effect is more likely.

Benzinga

Former Speaker Dade Phelan won’t seek reelection to Texas House

As speaker, Phelan oversaw passage of numerous conservative priorities, but he gave up the gavel under pressure from the far right over the House’s impeachment of Attorney General Ken Paxton.

The Texas Tribune

Housing in east London borough hit by 'shoddy workmanship' from repair firms, mayor says

Lutfur Rahman said he believed Tower Hamlets Council’s housing repair service was ‘not fit for purpose’

Evening Standard

Court throws out $500m civil fraud penalty against Donald Trump

Divided decision by New York appeals judges dismisses ‘excessive’ penalty but leaves room for further appeals

The Guardian - US

German contest to live in depopulated Soviet-era city proves global hit

Eisenhüttenstadt offered spacious central flats rent-free for two weeks in effort to attract valuable professionals

The Guardian - UK

Luxury real estate agent, 75, accused of biting child’s arm during free t-shirt grab during concert in the Hamptons

Gail Bomze, a 75-year-old grandmother, denies further accusations of ‘kicking and punching kids’ at the Tuesdays at Main Beach concert

The Independent UK

Can a nation in crisis rely on the baby boomer generation to step up? I think the UK is about to find out

A raid on property wealth and pensions is being signalled by the Treasury, and it has sound reasons for doing just that, says Phillip Inman, the Guardian’s senior economics writer

The Guardian - UK

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news in one place.

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AAP

Classic country houses holding back the regional dream

Australia's regions are facing a worsening housing shortage, with typical country houses part of the complex problem, a report has found.

International Business Times UK

London Renters Struggle as Nearly 75% of Income Goes to Rent Amid Soaring Housing Crisis

London renters pay up to 75% of their income on rent, highlighting a severe housing affordability crisis.

The Guardian - UK

Reeves leaves no stone unturned as she mulls reforms for property tax

Chancellor and prime minister are latest in a long line of politicians who have tried to squeeze more out of UK property

The Guardian - UK

England to sell eight times more council homes than it built last year, report finds

Depletion of social housing stock spurs calls for councils to have first refusal to buy ex-council homes entering market

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news in one place.

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The Guardian - AU

Instead of ‘winners and losers’, why not build an economy that’s good for all Australians?

When it comes to policy decisions, too many are too quick to focus on what’s in it for them, instead of what is best for society as a whole

The Guardian - UK

How would potential new property tax differ from stamp duty and council tax system?

Treasury officials consider shake-up that could see tax paid by sellers of homes worth more than £500,000

The Guardian - AU

More than two-thirds of NSW public land suitable for housing sold to private developers

Exclusive: Despite Labor policy to prioritise government land for public housing, Homes NSW has bought just three of 55 sites and expressed interest in further seven

Kiplinger

Stay NJ Could Give You $6,500: The Deadline You Can't Miss

New Jersey has a new property tax relief program for 2025. But the application deadline is fast approaching.

Evening Standard

OPINION - Who's to blame for London's housing crisis? Labour of course

London is at an historic low. Under Sadiq Khan, housebuilding in our capital has collapsed to its lowest level since 2009, a truly staggering failure.

The Independent UK

Voices: ‘Owning a £500k home does not make you rich’: Readers challenge Reeves’ property tax plan

YOUR VIEWS: Our community has hit out at plans for a £500k property tax, saying it unfairly hits ordinary homeowners and needs higher thresholds or regional tweaks

Evening Standard

Tenant renting out London council house while living in Ethiopia among dozens to have property seized back

Fraud investigations discovered some council tenants had illegally sub-let their homes despite living abroad in countries as far away as Ethiopia

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