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The Latest Breaking News on Real Estate

Clayfield retirement village to be converted into social housing, but previously announced Mount Gravatt project still lagging

The vacant retirement village will provide at least 30 dwellings for those in need, but there's no clear timeline on when they will be ready for residents.

ABC News

As the rental crisis worsens, people are applying for homes they have not seen, offering more than the asking price

Even Australians who usually would be considered "strong tenants" are finding themselves unable to get a rental, as property managers report the crisis is the worst they have seen.

ABC News

‘They miss out’: soaring rents and insufficient support force more uni students in Australia to live with parents

‘Generational shift’ in share accommodation as housing crisis puts young people under ‘enormous pressure’

The Guardian - AU

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‘Mental torture’: six years after Grenfell, UK residents still live in fear as cladding deal falters

A government agreement with developers was meant to solve the fire safety crisis in affected buildings – but the wrangling goes on

The Guardian - UK

Gove admits ‘faulty’ guidance partly to blame for Grenfell fire

Minister says he wants to abolish ‘outdated, feudal’ system of home ownership by end of this parliament

The Guardian - UK

Family shocked as great-gran gets £50 Asda voucher after blaze destroys home

A London family have been left fuming after their great-grandmother's flat burned down - and the housing association gave her compensation of a £50 supermarket voucher

Daily Mirror

LOCALIZE IT: US residents moving southbound in recent years

EDITORS/NEWS DIRECTORS:

The Independent UK

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Inside McCarthy's House: Famous friends and hard realities

Three weeks into the new era of the House Republican majority, the risks of Speaker Kevin McCarthy’s leadership style are clearly taking hold

The Independent UK

The 1031 Exchange Rules You Need to Know

Taxes are an inevitable part of real estate investing. You can, however, defer or avoid paying capital gains taxes by following some simple 1031 exchange rules.

Kiplinger

Why UK house prices could plunge by 20% after the latest interest rate hike

Property market has defied gravity for years but analysts say rising mortgage rates will mirror the 1980s price crash

The Guardian - UK

Five affordable houses for sale for under £100,000 in Greater Manchester this week

Each of these bargain properties has great potential

Manchester Evening News

The big dream for the Greater Manchester neighbourhood which only has one shop

Can we make it a bit less grey and a bit more green?

Manchester Evening News

Low-cost housing: how can you escape the rent rat race?

Some people are paying only £150-£300 a month to rent. We explore options that could help you cut housing costs

The Guardian - UK

Expensive luxury Leeds City Centre apartment at £3,600 a month

The city centre flat would cost you an eye-watering £900 a week in rent

Leeds Live

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Bristol Post

Bristol salon owner says rental market is 'devastating' as demand shows no let-up

She says she has clients with a family income of £100K, and even they are struggling to find a property

Newcastle Herald

NSW government needs to explain its intentions for heritage laden Broadmeadow locomotive depot

Time to come clean on Broadmeadow

Edinburgh Live

Landlord makes 'nightmare' discovery in tenant's room after 'foul smell' complaint

Steph, who posts online as @stephadiy, recently stumbled across the horrifying interior of one of her rooms within a rental home after she received complaints of a 'foul smell'

ABC News

Family 'priced out' of south-west Sydney rental market, as finding affordable homes 'near-impossible'

Finding an affordable rental is a "near-impossible feat", Mission Australia says. Just ask Linda Thompson, who's living in a caravan with her family after losing her rented home of 16 years.

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news in one place.

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Miami Herald

The Week Ahead: Big questions will remain if the Fed makes a small move on its interest rate

How can a smaller move send a big message? That’s the dilemma in which the Federal Reserve finds itself as it meets to discuss its a target short-term interest rate in the week ahead.

ABC News

Building industry faces 'nerve-racking' 2023 amid double-whammy of rate hikes and inflation

Just as increases to construction material prices are starting to slow down, builders are facing a new threat, with rising interest rates forcing clients to cancel their contracts.

Daily Record

Scottish Government figures reveal 1800 homes in North Lanarkshire remain empty

New housing statistics have shown that there are 1,846 long term empty homes in North Lanarkshire and over 42,000 across Scotland.

Evening Standard

Labour to launch major review into private home rents

It comes as the typical private rent being asked within London hit a record £2,480

Ballotpedia

Montana governor announces ban on ESG considerations in state investments

The office of Montana Gov. Greg Gianforte (R) released the following statement on January 18 announcing that Montana has joined several other states in prohibiting non-financial considerations, including considerations related to ESG, in the state’s investments:

The Times of India

Bombay HC directs SEIAA to decide in 8 weeks pending pleas for environmental clearance in real estate projects, on merits

MUMBAI: In a major relief to large number of real estate projects stuck for long as the State authority has been deferring pleas for environmental clearance (EC) citing a September 2022 NGT order, Bombay high court on Friday directed State Environment Impact Assessment Authority (SEIAA) to decide such requests expeditiously,…

Daily Mirror

Five-month-old baby has '20 year smoker's cough because of mouldy home'

Seven people across three generations are living in the Dublin flat, all of whom have been on antibiotics to combat illnesses they contracted they say as a result of the damp conditions

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