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The Latest Breaking News on Real Estate

Property owners busted living in social housing

Property owners and high-income earners have been caught out living in public housing in a government review of tenancies.

AAP

Plan to finish forgotten Woollahra train station and build 10,000 homes won’t combat Sydney’s affordability crisis, critics say

‘If this just becomes a very high-end market development … it’s not going to do anything,’ University of Sydney academic says

The Guardian - AU

Nearly 100,000 homes sped up by drive to cut red tape, ministers claim

Deputy Prime Minister Angela Rayner said the New Homes Accelerator was ‘breaking down the barriers’ stopping new homes from being built.

Evening Standard

From analysis to the latest developments in health,
read the most diverse news in one place.

Fast or gradual: RBA debate shapes rates outlook

A debate inside the Reserve Bank board over the tightness of Australia's labour market could determine how quickly it moves to cut interest rates.

AAP

How the fall of Evergrande spells doom for China’s property market

The real estate giant became the poster-child for the problems facing Chinese developers after it collapsed under the weight of massive debts in 2021

The Independent UK

What to know about the delisting of property developer China Evergrande's shares in Hong Kong

Shares in China Evergrande, the real estate developer whose downfall led a collapse in the country’s property market, have been delisted from Hong Kong's stock exchange as creditors work to wind up debts that totaled over $300 billion

The Independent UK

Greens to push Holyrood vote on immediate rent controls

MSPs have been urged to back plans for immediate rent control measures to protect tenants ...

The National (Scotland)

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Labor’s first home buyers scheme a ‘backwards step’ likely to push prices higher, experts warn

Treasury estimates new policy will only add 0.5% to home prices over six years, but some experts disagree

The Guardian - AU

Evergrande: China’s property giant delisted from Hong Kong stock exchange

Once the country’s biggest real estate firm, Evergrande was worth more than $50bn at its peak and helped propel China’s rapid economic growth

The Guardian - AU

Lambie says crossbench ‘not important’ after Labor’s election landslide – as it happened

This blog is now closed

The Guardian - AU

Youngest senator describes battle with depression

Australia's youngest senator celebrated her 21st birthday on election night, and has laid bare her journey to the nation's federal parliament.

AAP

The Guardian view on build-to-rent: hardly a solution to the housing crisis

Editorial: Labour is hoping that big investors will build more homes. But there’s no guarantee they will be genuinely affordable

The Guardian - UK

Would you consider co-housing? 3 women share their experiences of connected living for over 50s

Connected yet independent, co-housing for the over 50s is flourishing. Meet three women sharing their experiences of intentionally living alongside others in the UK and US

Woman & Home

Starbucks' printer ban shows remote working has gone too far

Desktop PCs in cafés means something’s gone badly wrong.

Creative Bloq

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International Business Times

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.

AAP

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.

International Business Times UK

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.

AAP

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.

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The Guardian - AU

‘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

Kiplinger

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.

The Texas Tribune

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.

Evening Standard

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’

The Guardian - US

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 - UK

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 Independent 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

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