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The Latest Breaking News on Real Estate

3 Residential REITs to Watch Amid Rising Housing Demand

With attractive features like lower risk, regular income flow, professional management, and portfolio diversification, residential REITs offer a steady investment alternative to investors. Thus, it could be wise to watch sound residential REITs, AvalonBay Communities (AVB), Equity Residential (EQR), and Invitation Homes (INVH) amid rising housing demand. Continue reading.

StockNews.com

New Jersey Senator Bob Menendez found guilty in bribery and corruption scheme

The Democrat lawmaker is the first senator ever to be charged under the acting as a foreign agent statute

The Independent UK

Delhi HC grants time to Centre to decide request of AAP for land allotment

The Delhi High Court has granted 10 days' time to Centre to decide the request of the Aam Aadmi Party for temporary allotment of land for office space. Read further on Dynamite News:

Dynamite News

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London's Cost of Rent Day: how many days must renters work to pay their landlords?

London salaries can’t compensate for the capital’s soaring rent bills, reports the Adam Smith Institute

Evening Standard

‘Grey belt is a misnomer’: Stockport divided on Labour’s housing plans

High Lane residents have already fought one battle against new homes. But some welcome government’s proposals

The Guardian - UK

Biden housing plan seeks to curb rent increases by penalizing landlords

President to unveil rent control plan for larger landlords that would restrict increases to 5%, or risk losing tax breaks

The Guardian - US

Massive waterfront development in limbo after government switch

Honeysuckle HQ stalled with a new state housing policy.

Newcastle Herald

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President Biden Proposes Measures To Lower Housing Costs

President Biden's comprehensive housing plan targets high rent increases, promotes affordable housing, and allocates funds for development projects to addr...

Top News

Visit The Frost House, a lesser-known modernist architecture marvel in Michigan City

The Frost House is a lesser-known midcentury architecture gem in Michigan City, Indiana; we took the tour as the property goes on the market

Wallpaper

The secret social housing scandal: when your parent dies – and you are evicted in days

It doesn’t get more morally wrong than losing a parent and immediately being made homeless, but surprising numbers of young people are affected. It is time to end this gross injustice, writes Kwajo Tweneboa

The Guardian - UK

Biden to call for 5% cap on annual rent increases, as he tries to show plans to tame inflation

President Joe Biden is ready to propose a 5% cap on annual rent increases for tenants of major landlords

The Independent UK

Realtor who asked Gen Z employee to edit video shares hysterical results

‘Give her a raise because this 100 percent caught my attention,’ one comment on Instagram read

The Independent UK

Minister denies affordable housing projects being abandoned due to budget cuts

SCOTLAND’S housing minister has denied work on affordable homes has ground to a halt because of budget cuts from the Scottish Government ...

The National (Scotland)

'I spent 23 hours on the floor after falling from my wheelchair in unsafe flat'

A disabled man claims he spent 23 hours on the floor after falling out of his wheelchair in an ‘unsuitable’ third floor flat he was placed in by a South London council.

Evening Standard

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The Guardian - UK

BoE should ‘stop squeezing living standards’ and cut rates, says policymaker

Swati Dhingra says Bank of England’s monetary policy committee should lower interest rates in August

Evening Standard

Moving at last? Average price tag on homes fell by £1,617 month-on-month in July

The price fall was bigger than usual for July, with the distractions of the General Election, sporting events and holidays, Rightmove said.

France 24

China's ruling Communist Party kicks off key four-day economic meeting

China's ruling Communist Party on Monday kicked off a key four-day meeting led by President Xi Jinping that is focused on the economy, state media reported. The meeting is expected to outline economic policy amid concerns about the country's business environment and restrictions on access to American technology.

The Independent UK

China's Communist Party will signal its approach to the country's challenges at a meeting this week

China’s ruling Communist Party is starting a four-day meeting that is expected to lay out a strategy for self-sufficient economic growth in an era of heightened national security concerns and restrictions on access to American technology

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The Guardian - UK

Number of agreed UK house sales over past month ‘up 15% on 2023’

Buyers not fazed by election or Euro 2024, says Rightmove, as ‘gamechanging’ interest rate cuts anticipated

International Business Times

China's Leaders To Meet, With All Eyes On Struggling Economy

Top Chinese officials gather in Beijing on Monday, with all eyes on how they might kickstart lacklustre growth at a key political meeting that has historically seen officials unveil big-picture economic policy changes.

The Guardian - UK

Cockpit Deptford review – the subtle art of making do

The architects behind Peckham’s pioneering Bold Tendencies car park venue have renovated a block of artists’ studios housed in a 60s council office building

Newcastle Herald

Vision to turn vacant block in city's CBD into affordable housing

Investigations are under way at the Hunter Street site.

Newcastle Herald

Plans for Hunter wellness centre with glamping, hotel villas, restaurant

A company run by Chinese expatriates lodged the DA.

Top News

Senate Considers Tying Supreme Court Funding To Ethics Code Enforcement

Senate appropriator considers tying Supreme Court funding to ethics code enforcement amid controversies involving Justices Thomas and Alito.

The Guardian - UK

‘I feel sick’: couple say new-build home turned into disaster valued at £1

A couple’s Barratt house that surveyors say should be worth £350,000 has been left almost worthless due to defects

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