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The Latest Breaking News on Real Estate

Architects warn post-Brexit visa rules hindering recruitment

Firms want review of decision to remove architecture from shortage occupation list and raise salary threshold

The Guardian - UK

RBA reduces interest rates, but don’t hold your breath for too much more this year

The path of the economy and inflation in the year ahead will dictate the timing of any future cuts to interest rates

The Guardian - AU

Labor and Coalition welcome RBA interest rate decision as governor plays down chance of more cuts

Households with a $750,000 loan to see their monthly repayments reduce by $115 if their banks adjust mortgage rate accordingly

The Guardian - AU

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read the most diverse news in one place.

Slight relief for borrowers after RBA slashes rates

The Reserve Bank's decision to cut interest rates by 25 basis points offers mortgage holders slight respite, but many are hoping for more substantial changes.

AAP

HUD Launches Task Force To Eliminate Waste And Abuse

HUD establishes DOGE task force to eliminate waste, recover funds, and promote fiscal responsibility across government agencies.

Top News

China's Xi promises policy stability at meeting with business leaders, including Alibaba's Jack Ma

China’s President Xi Jinping has met with private sector business leaders, offering them assurances that policies regarding the private sector would not change, state media reported

The Independent UK

A new start after 60: I got divorced, became a lawyer – and began fighting for other women

After a spell as Isabella Rossellini’s hand model, Elizabeth Barbour went to law school at 54. Now, she is working on 50 domestic violence cases and says her career is a privilege, not a job

The Guardian - UK

Australia bans foreigners from buying homes to tackle surging property prices

Housing affordability is a major issue in Australia, especially for young voters

The Independent UK

Dutton prays for rate cut as RBA enters conclave

Economists say a major reduction in mortgage rates this year is unlikely, even though the Reserve Bank board is widely tipped to deliver a cut on Tuesday.

AAP

The Guardian view on new housing: Labour must not let builders dictate terms

Editorial: The lack of affordable homes to buy and rent is a serious injustice. Ministers must fight for plans that put people first

The Guardian - UK

Labour’s ‘decade of renewal’ risks being a house without foundations

THE INDEPENDENT VIEW: Editorial: The construction industry tells The Independent there aren’t the workers to fulfil Labour’s new homes scheme. The government will need to make some politically difficult decisions to support the sector

The Independent UK

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The Guardian - AU

Australia building half as many homes for every hour worked compared with 30 years ago, Productivity Commission finds

‘Decades of poor performance’ in dwelling construction is contributing to the housing affordability crisis, report says

Top News

HUD Launches Task Force To Eliminate Waste And Abuse

HUD's DOGE Task Force aims to recover funds, enhance efficiency, and combat waste in government agencies.

Evening Standard

Cash-strapped London council paid builders £400k after boat-dwellers delayed work on £6bn housing project

Exclusive: Cash-strapped Enfield Council paid between £300k and £400k in compensation due to delays to the Meridian Water Regeneration Project

The Guardian - UK

Most of UK’s big build-to-rent developers owned by foreign private equity firms

Common Wealth thinktank says Labour should control profits made by ‘institutional investors’

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news in one place.

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AAP

New homes and land banking off-limits to foreign buyers

Established homes will be off-limits and foreign owners will be forced to develop vacant land under new measures announced to improve housing supply.

Marie Claire

Prince Andrew's Royal Lodge Costs Are "Spiraling Out of Control" Amid Home's Rumored Disrepair

He's even doing his own gardening, following claims the property is in a "shocking state."

The Guardian - UK

Rachel Reeves has three options to dodge an economic crisis and all are unthinkable

As her £9.9bn of headroom evaporates, chancellor will have to raise taxes, cut spending or break ‘iron-clad’ fiscal rules

The Guardian - UK

Athens resists as investors swoop on the city’s ‘neighbourhood of the gods’

The district of Plaka dates to neolithic times but a new wave of development is luring more tourists – and local people are fighting back

Newslaundry

Jailed journalist Mahesh Langa granted anticipatory bail in extortion case

Earlier this week, a Gujarat sessions court granted anticipatory bail to The Hindu journalist Mahesh Langa in connection with an extortion case filed last month, Live Law reported.

The Independent UK

Why some Hong Kongers live in homes smaller than a parking space, by the numbers

Landlords in Hong Kong, a city with a notoriously high cost of housing, have found they can make more money by dividing a flat into two or more units

The Independent UK

A crackdown on substandard homes leaves low-income Hong Kongers wondering where to go

Hong Kong plans to crack down on poor-quality subdivided flats are leaving many low-income residents uncertain about their future in one of the world’s most expensive housing markets

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