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The Latest Breaking News on Real Estate

This hotels saga isn’t really about asylum seekers: it’s a window on to a far bigger scandal

A blistering new report tells a tale of billions wasted and vulnerable people left traumatised, while companies profit from a blundering state, says Guardian columnist Gaby Hinsliff

The Guardian - UK

Why young women are having facelifts: ‘I couldn’t even open my eyes. That’s how swollen I was’

A new kind of customer is being driven towards this invasive surgery by ‘filler fatigue’, the use of weight-loss drugs and the development of new surgical techniques. Many are much younger than ever before

The Guardian - UK

Victorian premier vows to scrap ‘old-fashioned Nimby’ planning laws, fast-track homes and curb rights to object

Jacinta Allan says reforms would see housing permit-approval times slashed and generate more than $900m in construction activity each year

The Guardian - AU

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Reform levies on developers as communities are denied amenities – MPs

A committee has called on the Government to ensure house builders contribute adequate funds as profits are boosted by land value increases.

Evening Standard

Four out of five homes hit by a Labour mansion tax 'would be in London and SE'

Latest Budget rumours suggest homeowners could face 1% annual bill on properties worth more than £2 million

Evening Standard

Social landlords in England now forced to fix emergencies within 24 hours

New legal duties follow case of two-year-old Awaab Ishak, who died after exposure to mould in his home

The Guardian - UK

Private rent in Britain now swallows 44% of the average wage

Monthly cost jumps to record £1,385 outside London, and £2,736 in the capital, with hotspots showing hefty rises

The Guardian - UK

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Revealed: How 'chaotic' use of migrant hotels has seen Home Office 'squander' billions of pounds

Government has repeatedly cut corners and wasted taxpayers’ money with its ‘failed, chaotic and expensive’ system, damning report finds

Evening Standard

Rental bidding wars to be banned but damp and mouldy homes still an issue as new laws come in

Awaab’s Law comes into effect forcing landlords to deal with issues of damp and mould in homes

Evening Standard

Right to buy in reverse: how Brighton is tackling its social housing crisis

The council is rolling back Thatcher’s flagship policy by buying stock from private landlords. Other local authorities should take note

The Guardian - UK

Unbridled inflation an each-way bet on Cup Day rate cut

Melbourne Cup day may not prove a winner for borrowers if inflation remains sticky in data released the week before, splitting predictions on interest rates.

AAP

Is it OK to cut my neighbors' overhanging bushes? I asked the experts to find out if I'm within my rights

Is it legal to trim your neighbors overgrown bushes in your yard? Here’s what the experts say.

Tom’s Guide

Prince Andrew in advanced talks about moving out of Royal Lodge, reports say

Buckingham Palace trying to increase pressure on prince to give up home for which he pays ‘peppercorn’ rent

The Guardian - UK

3 Airline Stocks To Buy On The Dip

Over three weeks in, the federal government shutdown is closing in on the longest shutdown in history, catching up to the 34-day run of December 2019.

Benzinga

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The Guardian - AU

Once Australia’s second priciest city, Melbourne has become more affordable. What happened – and will it last?

More homes and less property investor activity has seen Victoria’s capital rise up the affordability rankings

Benzinga

Top 3 Real Estate Stocks That May Explode In Q4

The most oversold stocks in the real estate sector presents an opportunity to buy into undervalued companies.

International Business Times UK

'Can't Pay Rent, Can't Buy a Shirt': US City Leaders Sound Alarm as Federal Shutdown Hits Local Economies

The US federal government shutdown is damaging local economies. Unpaid federal workers struggle with rent and shopping, while small businesses and public services face mounting pressure.

AAP

Governor takes aim at tax barrier to economic mobility

The Reserve Bank has set its sights on one tax it says keeps owners of big homes from downsizing and people from relocating for better jobs and pay.

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news in one place.

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Evening Standard

Focus intensifies on Andrew amid controversy over his Royal Lodge lease

The former duke has had a peppercorn rent deal on his Windsor mansion for more than 20 years.

AAP

'Scorched earth': public housing demo plan picked apart

Legal minds, engineers and residents have renewed their fight to tear down plans to demolish and rebuild a city's entire stock of public housing towers.

The Guardian - UK

Ministers confirm plans to reduce London’s affordable housing quotas

Developers will qualify for fast-track planning status if they include 20% affordable housing instead of current 35% target

Evening Standard

Affordable homes target slashed to 20% to tackle London’s housebuilding crisis

The Government said a perfect storm of economic conditions has created a housebuilding emergency.

Evening Standard

Sadiq Khan gets go-ahead to slash affordable housing ratio to 20% to tackle London housing crisis

New target is announced by Housing Secretary Steve Reed after weeks of speculation - but critics say it won’t solve housing emergency

Benzinga

Meet Lightstone DIRECT: The Private Real Estate Investing Platform Raising the Bar for Individual Investors

Lightstone has launched a direct real estate investing platform for accredited investors looking for a higher pedigree manager. . For investors who are facing an uncertain environment and looking for a partner that balances rigor with direct access, Lightstone DIRECT is a compelling proposition with scale, transparency, and alignment that…

The Guardian - UK

Foxtons shares drop sharply after it warns of ‘subdued’ pre-budget sales

Economic uncertainty along with possible changes to property tax are deterring buyers, says estate agent

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