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The Latest Breaking News on Real Estate

Conflict of interest concerns raised over MEPs’ second jobs

Seven out of 10 have outside work with six earning more with work than as parliamentary representatives, analysis shows

The Guardian - UK

Fix Europe’s housing crisis or risk fuelling the far-right, UN expert warns

Unaffordable rents and property prices risk becoming a key political battleground across the continent

The Guardian - UK

‘Everything’s just … on hold’: the Netherlands’ next-level housing crisis

Amsterdammers find themselves at the nadir of a Europe-wide housing shortage. But some bold initiatives offer hope

The Guardian - UK

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Higher costs and cramped conditions: the impact of Europe’s housing crisis

Affording a home has become a political issue as rents and prices soar and supply plummets

The Guardian - UK

Spotlight on RBA after concerning inflation data

No change in the official cash rate is expected this week, with the Reserve Bank's reaction to a stronger inflation print the main point of interest.

AAP

Capacity crunch: why the UK doesn’t have the power to solve the housing crisis

Our inadequate electricity network is stopping the building of thousands of new homes. And the necessary move to low-carbon heating and cars is only increasing demand

The Guardian - UK

Should the Bank of England cut interest rates with Britain’s economy in bloom?

The UK is expected to come out of recession, but it would be wise not to expect a reduction any time soon

The Guardian - UK

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Cubitts Mercer Street in New York is a moody ‘treasure box’ of depth and drama

Cubitts Mercer Street opens in New York to a concept by London-based studio Tutto Bene, offering sleek details and moody design

Wallpaper

Former Newcastle United legend named manager of recently relegated non-league club

The 49-year-old spent eight years at St. James' Park, scoring 48 goals

FourFourTwo

What kinds of property crime are on the rise?

The national property crime rate increased in 2022, driven by rising larceny and motor vehicle theft rates.

USAFacts

Homeless women and children offered car park to sleep in through NSW pilot program

NSW homelessness minister acknowledges program is direct response to housing crisis but says ‘it’s not acceptable this is what we have come to’ for those fleeing domestic violence

The Guardian - AU

Residents to continue fighting demolition of Melbourne public housing towers despite court setback

Pledge comes after Victoria’s supreme court dismisses residents’ class action against government, saying it has ‘no real prospect of success’

The Guardian - AU

Second chance for tower residents after case dismissed

A judge has dismissed class action by Melbourne public housing tower residents against the Victorian government, but will allow them to reframe their case.

AAP

Morning Mail: housing crisis to worsen, ads to tackle misogyny, Stella winner announced

Government expert council warns on supply shortfall in first state of the market report; parents to urged to check children’s online viewing habits

The Guardian - AU

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Evening Standard

London house hunter hotspots: can you guess the trendy areas where would-be buyers can't get enough?

Three wildly different areas, some beloved by celebs, have seen buyer enquiries double

Evening Standard

Silicon Roundabout is still the spiritual home of London tech 15 years on

Rents for good quality space around the Old Street’s tech cluster have increased by 70% in the last 15 years

The Guardian - AU

Australia’s housing crisis to worsen with ‘significant shortfall in supply’, Labor’s expert council says

Report predicts numerous factors, including migration, mean housing affordability and inequality, will continue to deteriorate

The Guardian - UK

OECD forecasts will be blow to Sunak’s claims UK economy is improving

UK’s growth will be least in G7 by 2025, OECD expects, as low business investment and multiple pressures bear down

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Evening Standard

‘I bought my three-bedroom shared ownership home aged 25 with only a £13,250 deposit’

Teacher Farhana Mallick bought a shared ownership home in the Royal Docks, at the centre of a £2bn regeneration zone.

AAP

Dozens arrested as clearing continues at sensitive site

Protesters have been arrested in their dozens in Darwin as land clearing continues at Lee Point where defence housing is set to be built.

The Guardian - UK

‘I am moving – that is it’: tycoon speaks out about the end of non-dom tax status

Entrepreneur Bassim Haidar says ending the break is self-defeating as total UK tax take will fall amid an exodus of the super-rich

Kiplinger

Renting Is Cheaper Than Buying in All 50 States. How Does Your City Compare?

Renting is cheaper than buying, according to a new Bankrate survey. In 21 U.S. metros, the monthly cost of owning is at least 50% more expensive than the monthly cost of renting.

Evening Standard

Housing activists urge London mayor to save Clockwork Orange estate

Residents on Lesnes estate in Thamesmead are resisting plans for their homes to be demolished

Evening Standard

UK house prices now sit 4 per cent below all-time high as first-time buyers struggle to get on the ladder

The building society said the typical property value fell for the second month in a row in April.

Kiplinger

How Non-Traded REITs Could Give Your Roth IRA a Boost

In addition to increasing the diversity of your portfolio, adding a non-traded REIT within your Roth IRA allows the resulting dividends to grow tax-free.

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