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The Latest Breaking News on Real Estate

The sordid end of Sergio Pino, the Cuban immigrant and top Latino developer who died after his wife accused him of attempted murder

The FBI was preparing to enter the home of the Cuban American businessman when they heard shots coming from inside. They found him dead by alleged suicide

Latin Times

Developers welcome Labour’s intention to liberalise planning regime

Compulsory housing targets revived to spur building of 1.5m homes over five years in England and Wales

The Guardian - UK

When social housing policy leaves children bereaved and homeless

Letters: Readers respond to an article that lays bare how relatives can find themselves evicted after a death in the family

The Guardian - UK

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London house prices up 0.2% on average in May — can you guess which borough saw a 5% boost?

One London borough saw home values boosted by over £27,000, but Prime Central London continues to see house prices tumble

Evening Standard

Melbourne public housing towers demolition to go ahead despite residents’ class action

Exclusive: Lawyer says move by state government shows residents being treated ‘as an afterthought’

The Guardian - AU

2024 British Open merchandise shop: Postage stamps, Claret Jugs and ‘Quiet Please’ among gear that overwhelm the senses

Here's the best gear at Royal Troon.

USA Today Sports Media Group

New Biden Plan Targets Landlord Rent Increases

A proposal to make housing more affordable would involve rent control caps and significant tax changes.

Kiplinger

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Lambeth Council plan to send homeless to Dover and Luton to lower hotel spend

Homeless South London families could be sent to Dover and Luton under a council’s plan to reduce its spend on hotels.

Evening Standard

Reforms aim to tackle ‘injustices’ in leasehold system

The Government said it aims to act quickly to provide homeowners with greater rights, powers and protections over their homes.

The Independent UK

Unrealized Gains Should Not Be Taxed

Instead of taxing unrealized gains, the government really ought to rein in its spending.

Kiplinger

Supercars champion Courtney to retire from series after 2025 campaign

One-time Supercars champion James Courtney has announced that next year will be his swansong as a full-time driver in the tin-top series.

Autosport

Starmer warns ‘no quick fix’ for UK as he faces pressure over child poverty and benefits – as it happened

PM announces taskforce to deal with child poverty, but refuses to commit to scrapping the two-child benefit cap

The Guardian - UK

Housing plans likely to meet opposition from Labour MPs, says government

Officials say consultation to take place in weeks and new mandatory targets expected to be in place by autumn

The Guardian - UK

Three neighbouring homes chase $5 million pay day in Kotara TOD area

A concept plan shows the site could house around 68 apartments.

Newcastle Herald

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Evening Standard

Sadiq Khan approves 300 new homes on green belt land

Allowing the homes to go ahead is a rare example of the mayor approving new construction on the green belt

Evening Standard

£100 million down: Why are billionaire buyers snubbing London's mega-mansions for Dubai?

There has been a 12 per cent drop in the value of ultra-prime property deals in the capital this year, reports Beauchamp Estates

The Conversation

In Ancient Rome, the Vestal Virgins achieved power most women were denied – but at great cost

You might have heard of a group of women in Ancient Rome known as the “Vestal Virgins”. These female virginal guardians of the sacred flame of Rome could be buried alive for breaking their vows of chastity. Sure, this is a terrible way to go. But! They had power, prestige,…

AAP

Australian shares climb further into record territory

The ASX200 finished up 0.7 per cent to hit another all-time high and gold prices also rose to their highest-ever level.

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The Guardian - UK

Mandatory housing targets at core of economy-focused king’s speech

Planning reforms and transport policies included in package of more than 35 bills as Labour prioritises growth

StockNews.com

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.

The Independent UK

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

Dynamite News

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:

Evening Standard

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

The Guardian - UK

‘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 - US

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

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