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The Latest Breaking News on Real Estate

Plans for £11.5m curry mile development thrown out

The scheme featured 42 flats with commercial and restaurant space

Manchester Evening News

Government's 0.3% vacant property tax is 'laughable', Dail hears

'If the value of your home will increase by more than 10% if you leave it vacant, how on earth is a tax of 0.3% an incentive to bring it back into use?'

Irish Mirror

Foreign investors forcing London rents to unaffordable levels, warns Tory MP

Foreign investors buying up London property are forcing rents to unaffordable levels and contributing to a “perfect storm” housing crisis, an MP has warned.

Evening Standard

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Company behind housing scheme hands £1k to mayor's fund

The land was given planning permission last year as long as pink footed geese were fed

Liverpool Echo

New housing estate could spark boundary changes for school catchments

A consultation will be launched early in 2023.

Daily Record

Her apartment might have put her son’s health at risk. But ‘I have nowhere else to go’

ATLANTA — When Louana Joseph’s son had a seizure because of an upper respiratory infection in July, she abandoned the apartment her family had called home for nearly three years.

Tribune News Service

All eyes on Christmas as Reserve Bank mulls even higher interest rates in 2023

RBA Governor Philip Lowe unveiled an eighth interest rates hike at the bank's final meeting of 2022 on Tuesday.

The New Daily

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How Austin’s housing crisis has shaped the race for a new mayor

The capital city’s mayoral race is something of a test case in how the state’s rising housing costs might influence local races in major cities.

The Texas Tribune

‘You need to get on top of this or another child could die': Warning over mould-hit RBH homes after toddler's death

RBH bosses were told a little girl was taken to hospital

Manchester Evening News

Decision finally expected on HMO plan that brought tenant to tears

Committee members initially rejected the plans for Kensington

Liverpool Echo

Not ‘desirable’ tenants: mother of five told to lie about number of children when applying to rent accommodation

Submission to inquiry into Queensland Greens rent-freezing bill says family is now homeless

The Guardian - AU

Australia's central bank raises key interest rate to 3.1%

Australia’s central bank has raised its benchmark interest rate by a quarter-point to 3.1% as it tries to wrestle down inflation

The Independent UK

RBA interest rates: Reserve Bank raises official cash rate to 3.1%, the eighth increase in as many months

More pain for borrowers with interest rates to rise again after central bank lifts cash rate 25 basis points to the highest level since the end of 2012

The Guardian - AU

Interest rates rise to decade high as RBA delivers Christmas pain

The Reserve Bank has raised interest rates for the eighth month in a row, lifting its target by 0.25 percentage points.

The New Daily

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ABC News

Reserve Bank raises interest rates for eighth straight month

The Reserve Bank of Australia lifts interest rates by 0.25 of a percentage point, taking the cash rate target to 3.1 per cent.

Pedestrian.tv

Rental Property Bidding Wars Will Banned In NSW Dodgy Agents Who Encourage It Will Be Fined

Fkn finally!

Tribune News Service

University of California Strike: Why Berkeley student workers struggle to find safe and affordable homes

Diego Villegas had no illusions that leaving Mexico City to pursue a graduate degree at University of California-Berkeley would be easy. But he was unprepared for the harsh reality of finding safe and affordable housing in a college town struggling to accommodate its growing student population.

Liverpool Echo

Liverpool road where house prices can differ by almost £600k

The ring road runs the length of the city, from Bootle in the north to Sefton Park in the south

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news in one place.

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Newcastle Herald

Housing plan for Goninan site under state rezoning blitz

The historic Goninan train factory at Broadmeadow will make way for a big new housing and hotel precinct under plans being discussed by the developer, council and NSW government.

Al Jazeera

US jury begins deliberating in Trump Organization tax fraud trial

Jurors consider verdict after trial in which ex-president’s real estate company accused of years-long scheme.

Salon

Alarm over alleged Trump pardon bribery

The Democrats believe a real estate developer donated to a Trump-aligned super PAC in exchange for the pardons

Daily Record

The beautiful historic Scottish town with 'relaxed way of life' named happiest place to live

The town in the Scottish Borders has been named the happiest place to live in Scotland by Rightmove - and it has a fascinating history as well as plenty to see and do.

The Guardian - US

Jurors in Trump Organization tax fraud trial set to begin deliberations

Prosecutors say former president knew of and sanctioned alleged scheme that enriched executives with off-the-books benefits

Edinburgh Live

Stunning East Lothian cottage hits the market with unbeatable sea views

On the market for offers over £430,000, the property doesn't come cheap, however it boasts a fresh and modern kitchen and living space, and even has a window seat looking over the water.

The Guardian - AU

NSW to investigate ways to end bidding wars over rental properties

Victor Dominello says interstate bans on the practice are being examined amid a ‘hot marketplace’

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