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The Latest Breaking News on Real Estate

Government reaps $3.5b housing tax windfall: report

Queenslanders are spending the first decade of their mortgages paying taxes as the government reaped $3.5 billion more than forecast, research suggests.

AAP

Politics with Michelle Grattan: Andrew Bragg flags a coalition would use ‘coercion’ of the states to get more new houses built

Housing remains one of Australia’s most pressing issues in both state and federal politics. The RBA keeping rates up and high mortgage repayments have left many Australians struggling. For those Australians who don’t own a home, it’s becoming increasingly hard to get into the housing market.

The Conversation

Submissions, witnesses, questions … then nothing. Australian government cites ‘passage of time’ for silence on reports

Dozens of parliamentary reports dating back as far as 2008 have suddenly received the same sad 24-word response, saying their findings are from too long ago to justify more

The Guardian - AU

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Leasehold Reform Bill passes — but no ground rent cap for existing leaseholders

Neither leaseholders nor freeholders are entirely happy with the last-minute legislation

Evening Standard

Plans for 72 new homes in east London rejected again because none would be 'affordable'

Planning officers had advised the council to refuse Finebeam’s most recent plans because no affordable housing was included

Evening Standard

The bizarre question Trump claims people always ask him: ‘How do you put your pants on?’

Former president held a rally in Crotona Park in the South Bronx as his hush money trial nears the end

The Independent UK

Rishi Sunak accused of letting renters down after no-fault eviction bill dropped before election

The Tory failure to scrap no-fault evictions has come under fire from campaigners, Labour and the Lib Dems

The Independent UK

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Renters Reform Bill: "hugely disappointing" that no-fault eviction ban won't pass before the General Election

Both tenant and landlord groups bemoan the failure to pass the bill after five years as London rents up 45% since last election

Evening Standard

Porsche case: No, the minor did not release a ‘rap video’. The media got it wrong

After the public outcry over the Pune Porsche accident, a video of a rap song was posted on social media.

Newslaundry

'Up in arms': 29 objections to unpopular housing proposal at Toronto

Neighbours say the Toronto project is 'too big' for the area.

Newcastle Herald

US New Home Sales Miss Expectations In April

Sales of new US homes were weaker than analysts expected in April, government data showed Thursday, with slower mortgage demand appearing to bog down the number of transactions.

International Business Times

Why knock down all public housing towers when retrofit can sometimes be better?

The Victorian government is planning Australia’s largest urban renewal project. The plan is to knock down and rebuild 44 large public housing towers in Melbourne. The government says these towers, built in the 1960s and ’70s, are no longer fit for purpose and will cost more to maintain and upgrade…

The Conversation

Property crime an 'ongoing challenge' but Newcastle police make inroads

Footage posted to social media can form part of investigations.

Newcastle Herald

London rental crisis: capital’s insecure workers 'hit hardest' by 11% rent hikes

Experts and campaigners sound the alarm over runaway rental inflation

Evening Standard

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The Conversation

The UK’s coastal ‘ghost enclaves’ are the result of government failure on low-use homes

The UK has long been in the middle of a housing crisis. And yet, across the country, the number of low-use homes is growing.

Kiplinger

Is a New ‘Meals Tax’ Coming to Virginia?

Policymakers in a prominent Virginia county are looking for new ways to raise revenue.

Evening Standard

Comment: Can the general election rescue a bedraggled London housing market?

A July election is exactly what the downtrodden market has been crying out for

The Guardian - UK

‘Sorry, no one is in’: few are at home for Margaret Hodge’s ‘kleptocracy walking tour’

Campaigning Labour MP knocks on doors of wealthy London homes bought by foreign leaders who are subject to sanctions

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news in one place.

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The Guardian - UK

Buying London is grotesque TV – but it shows the capital’s property market for what it is

Netflix’s distasteful ‘reality’ series holds up a gilded mirror to the people making the city harder for the rest of us to live in, says journalist Elle Hunt

Evening Standard

Brent family of six wins £3,600 payout after living in 'severely overcrowded' two-bedroom home

The council ‘let the matter drift’ despite the mother making a formal complaint

International Business Times

George Cooper Rudolph - a Lifetime of Legal Expertise in California's Business Landscape

With a career spanning over four decades, George Cooper Rudolph has not only witnessed but actively engaged in the evolution of the region's legal and business spheres.

The Conversation

Peter Dutton wants to cut migration for the sake of housing. Here’s why that’s not a good idea

Opposition Leader Peter Dutton has suggested the level of Australia’s permanent migration program be reduced from 185,000 – as proposed by the government in the budget – to 145,000. This is a significant reduction.

International Business Times

Exit Richer: Empowering Entrepreneurs to Strategically Grow, Scale and Sell Their Business

Harish Chauhan, the owner and founder of Exit Richer, an educational technology company based in Toronto, Canada, aims to help owners and owning families grow their businesses to meet their exit and generational wealth goals.

InsideEVs

Gravity’s New Curbside DC Fast Charger Can Add 200 Miles Of Range In 5 Minutes

Gravity's DEAP tree curbside DC fast charger can be a solution for EV charging in congested cities like New York.

Evening Standard

What could the General Election mean for London's property prices and rental reforms?

Will the property market summer slowdown start early? Or could we get a Rishi Rebound or Starmer Spring-up?

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