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The Latest Breaking News on Real Estate

Start-Up Entrepreneurs And Investors Can Get 'Premium Residency' In Saudi Arabia

You could qualify for residency in Saudi Arabia if you're a start-up entrepreneur, investor, or real estate owner, according to the government's website. The Premium Residency visa allows holders to live and work in the kingdom, and own property without a sponsor.

Benzinga

London council housing boss resigns over landlord licence blunder that Rachel Reeves also made

Southwark Council’s Cabinet Member for Housing, Michael Situ, admitted he did not obtain the correct permissions to let out his Peckham properties

Evening Standard

Does the Budget make a good or a bad time to put my home on the market?

Big fiscal statements from the government can impact home prices as well as the wider market activity

The Independent UK

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Homelessness is increasingly hard to ignore – unless you are the Labour party

The government is focused on building new homes for floating voters, while landlordism is discouraged and homes stand empty, says Guardian columnist Simon Jenkins

The Guardian - UK

'Tesco Towers' plan to build 500 flats thrown into doubt after developer pulls out

Fears over future of plan for 504 homes in ten blocks up to 13-storeys high was submitted to Harrow Council

Evening Standard

Donald Trump and Jeffrey Epstein's Friendship Resurface as 'Paedophile' Old Photos Spark New Outrage

Old photos of Donald Trump and Jeffrey Epstein resurface, triggering outrage and scrutiny as new reporting reveals what is fact and what remains unproven.

International Business Times UK

Getting the story: How an AP reporter chronicled a sensitive story about school and eviction

AP reporter Bianca Vázquez Toness has heard teachers worry that the most pernicious challenges their students face, like poverty or housing insecurity, are beyond the realm of what schools can fix

The Independent UK

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PHOTO ESSAY: One single mom's quest to find housing after an eviction

Last year, Sechita McNair and her three kids were evicted from their apartment in a rapidly gentrifying Atlanta neighborhood.

The Independent UK

Los Angeles City Council Votes To Lower Rent Caps on 650,000 Rent-Stabilized Apartments

The new rules would permit landlords to raise rents by a maximum of 4 percent per year, a decrease from the 8 percent maximum allowable increase under the current rules.

Reason

Foreclosure rates have soared 20% over the last year in latest worrying sign for the economy

Foreclosures remain below historic peaks but the data is a warning sign when paired with larger inflation issues across the economy

The Independent UK

A New Lawsuit Says New York's Rent Law Is Forcing Landlords To Keep Apartments Empty

Landlords argue that rent caps on vacant units prevent them from financing the costs of legally mandated renovations.

Reason

Dave Ramsey Says To Ask Yourself One Question Before Buying Expensive 'Toys': If You Burned This Money On The Floor, Would Your Life Change?

Before making a big luxury purchase, personal finance expert Dave Ramsey says to pause and ask yourself one simple question: “If we take the amount of money we’re getting ready to blow on this toy and burned it in the middle of the floor, would our life change at all?”…

Benzinga

Irish government announces plan to build 300,000 homes within five years

Proposal includes 72,000 social homes to tackle housing crisis, but critics call it ‘old wine in a new bottle’

The Guardian - UK

London secondary schools numbers set to decline in similar scale to primary school crisis

Experts have warned that schools are having to merge classes and even year groups due to a sharp drop in the capital’s birth rate

Evening Standard

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Benzinga

K-Shaped Economy Fuels Luxury Boom: 10 Stocks To Watch Now

A K-shaped U.S. economy—where wealth continues to concentrate at the top while the bottom half struggles—is leaving its mark on American businesses, with luxury and high-end discretionary spending rebounding even as mass-market consumption weakens and consumer sentiment plummets to recessionary levels.

The Guardian - US

How can we make the housing crisis even worse? Donald Trump has a plan

A proposal touting 50-year mortgages could double interest payments and worsen inequality

The Guardian - UK

‘Are you building communities or just houses?’: human cost of Birmingham council’s plans for Druids Heath estate

Residents say they face being priced out or pushed out as 1,800 properties are demolished – with only a fraction of affordable homes guaranteed

Evening Standard

Peabody pulls out of 564-home housing plan for west London

Peabody has pulled out of plans to construct 564 new homes on The Green in Southall citing increased costs and regulation

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news in one place.

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Benzinga

Nearly 900,000 New US Homeowners Now Underwater On Mortgages As Home Prices Fall In Florida And Texas

The U.S. housing market is experiencing a worrying trend as nearly 900,000 homeowners find themselves in a precarious position with their mortgages.

Benzinga

Wall Street's Most Accurate Analysts Weigh In On 3 Financial Stocks With Over 10% Dividend Yields

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.

Benzinga

Zohran Mamdani Doubles Down On NYC Affordability Push: Mayor-Elect Says He Has Hard Time Understanding Why People Think It's 'Complicated'

New York City mayor-elect Zohran Mamdani is signaling confidence in his administration's ability to deliver on its affordability agenda, backed by a strong endorsement from his incoming first deputy mayor, Dean Fuleihan.

The Independent UK

Building apartment projects near public transit helps address housing crisis, combat climate change

Quantavia Smith, who was often homeless for a decade, now has a studio apartment in Los Angeles with easy access to public transit

The Guardian - AU

The 5% first home buyers scheme is a miserable policy failure – and the latest chapter in Australia’s housing disgrace

The government is juicing demand to make houses more expensive for Australians while providing good public housing for … Americans

The Independent UK

Judge declines to dismiss sex trafficking case against real estate brothers

A federal judge says a two-decade pattern of alleged sex trafficking by two luxury real estate brokers and their brother wasn’t “just men behaving badly.”

The Guardian - AU

Morning Mail: new Epstein emails mention Trump, NDIS trials AI process, Liberals face credibility test on climate

Late sex offender said US president ‘spent hours’ at his house with one of his victims; FOI reveals use of machine learning

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