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The Latest Breaking News on Real Estate

Panel to let housing developers bypass council scrutiny

Large-scale housing proposals will be allowed to avoid council as Australia's most expensive housing market gets worse under decade-low approvals.

AAP

Govt ditching 'sweetheart deal' will cost lives: union

The Queensland government's decision to suspend a "sweetheart deal" with the CFMEU has copped a backlash, with one union claiming it will cost workers' lives.

AAP

Mexico City Youth Grapple With Growing Housing Crisis

Political science student Saul Lara awakes around 4:00 am to begin his long journey -- over two hours by motorcycle taxi and crowded metro -- from the outskirts of Mexico City to school.

International Business Times

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Why involuntary medical admission and treatment won’t solve homelessness

The housing crisis is pushing more and more people onto the streets. More than one in 10 Canadians report experiencing some form of homelessness in their lifetime.

The Conversation

Scottish Greens issue warning over 'watered down' rent controls

THE Scottish Government will fail tenants if they persist with “damaging and regressive plans that would water down rent controls”, the Scottish…

The National (Scotland)

Sadiq Khan blames lack of funding as £4.1billion affordable housing programme stalls

London Mayor says more support still needed despite Rachel Reeves giving the capital an extra £100m

Evening Standard

NSW housing minister defends ‘garbled’ radio remarks on cost of renting in Sydney

Rose Jackson says answer given during ‘hard’ live ABC radio interview pertained to what she thought people should pay, not what they paid on average

The Guardian - AU

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Scotland's most affordable town for homebuyers revealed in new study

This town has been named the most affordable in the whole of Scotland for those looking to buy a home.

The National (Scotland)

To move or not to move: is it cheaper to find a new place or stay when your rent increases by 10%?

Your landlord has just raised your rent by 10% and your mind starts running the numbers – should you cop it sweet or look to move?

The Conversation

City's first co-living tower hoped to help tackle housing crisis

The 11-storey development will be built on Denison Street.

Newcastle Herald

Two-thirds of private tenants worried about paying their rent – Big Issue

The poll of 2,000 adults showed that one in two felt an increased risk of homelessness compared with last year.

The Independent UK

Housing market activity picked up in October – surveyors’ report

House prices are expected to rise over the three months ahead, the Royal Institution of Chartered Surveyors said.

The Independent UK

Mandatory broker fees to be banned in New York City, easing the burden on renters

Tenants searching for an apartment in New York City have long been forced to pay thousands of dollars to real estate brokers

The Independent UK

3 High-Yielding REITs Perfect for Passive Income Investors

For passive income seekers, high-yield REITs can provide steady returns and access to various property markets and are ideal for stable cash flow. Given this backdrop, investors might consider looking into REITs like Realty Income Corp (O), VICI Properties (VICI), and Annaly Capital Management (NLY). Read on….

StockNews.com

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The Independent UK

Black and Latino families displaced from Palm Springs neighborhood reach $27M tentative settlement

Black and Latino families who were displaced from a Southern California neighborhood in the 1960s have reached a tentative settlement agreement with the city of Palm Springs

The Guardian - US

New York City ends broker fees for new tenants in cost-cutting move

Move can significantly lower upfront expenses for renters in city with one of the world’s highest costs of living

The Guardian - AU

It’s time for the RBA to admit its fears of a wage-price spiral were misguided – and cut interest rates

It is quite infuriating now, as we look back with total hindsight at the Reserve Bank’s concerns

Evening Standard

London should set own rules on whether to pause or stop sale of council homes, says Sadiq Khan

Mayor says boroughs should be able to decide whether to pause, stop or keep right to buy

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The Guardian - AU

US election updates: Trump picks hardliner as ambassador to Israel in slew of job appointments

Trump recruits pro-settler figure Mike Huckabee, and will also put Elon Musk and Vivek Ramaswamy in charge of a new department of government efficiency

AAP

'Gone backwards': Hopes fund can revive home-building

A $900 million fund has been welcomed by economists hopeful it will modernise the construction industry where productivity has been flat for three decades.

The Conversation

Want to slash social housing waitlists? We should allow tenants to swap homes

There are 184,100 people on social housing waiting lists around the country, reflecting the impact of declining homeownership and escalating private rents.

The National (Scotland)

Scottish council declares 'affordable housing emergency' amid land loss claims

Councillors in East Lothian have declared an ‘affordable housing emergency’ amid claims they are just ‘days away’ from losing promised land…

Marie Claire

Prince Andrew May Have Saved His Home But it Reportedly Needs More Than $300k in Restoration Work

Royal Lodge is allegedly moldy and falling apart.

The Independent UK

Wife of celebrity house flipper smashed phone with hammer to hide evidence of Ponzi scheme, feds say

Exclusive: Jennifer Iturralde Pina, whose husband, DJ Envy associate Cesar Pina is fighting wire fraud charges, smashed her cell phone to bits with a hammer as the FBI waited outside her front door to seize it

The Guardian - UK

The Guardian view on China’s growth limits: shifting to a post-industrial economy is tough

Editorial: Beijing’s model is hitting roadblocks. It needs to move toward more home-grown spending – even if one-party politics makes that hard

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