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The Latest Breaking News on Real Estate

National Herald case: ED claims Sonia, Rahul paid Rs 50 lakh for assets worth Rs 2,000 crore

The Enforcement Directorate has alleged a “conspiracy” in which Congress leaders Sonia and Rahul Gandhi acquired the complete ownership of Associated Journals Limited, the publisher of National Herald newspaper, at Rs 50 lakh while the newspaper’s real estate value was more than Rs 2,000 crore.

Newslaundry

30 Awful, Negligent, And Greedy Landlords That Made Their Tenants’ Lives Hell

Aside from the price, having a good relationship with the landlord is important for you to really feel comfortable in your new home. Just like with anyone else, some landlords can be jerks and can make your life a living hell.

Bored Panda

Angela Rayner to back plan to build 180,000 social homes in next decade

The figure would be six times the number of social homes built in the 10 years up to 2024

Evening Standard

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California overhauls landmark environmental protection rules

Governor Gavin Newsom says bureaucratic roadblocks have made it difficult to build housing in the most populous state

The Guardian - US

Husband of Real Housewives and celebrity realtor files anti-trust lawsuit over real-estate listings

The lawsuit concerns a dispute over private real estate listings, which are often favored by celebrities and high-profile clients

The Independent UK

UK house prices fall by most in more than two years

Increase in stamp duty has helped weaken demand, as average price drops by 0.8% in June, says Nationwide

The Guardian - UK

Chagos deal cost is ‘going rate for best defensive real estate’, says ex-FO boss

The UK has agreed to pay Mauritius at least £120 million a year to lease back the Diego Garcia base post-handover.

Evening Standard

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Australian property prices are accelerating again – nearly twice as fast as wages

Experts say interest rate cuts – past and prospective – are sending buyers to auctions with ‘confidence’ and ‘gusto’

The Guardian - AU

War of words over GST carve-up as states butt heads

Two states are going head to head over the GST carve-up after one claimed it was given an unfair shortfall to cover COVID-19 failures.

AAP

Jacinta Allan rubbishes claims Queensland GST revenue is keeping Victoria’s ‘hospital lights on’

Premier hits back at Queensland treasurer, saying sunshine state’s ‘budget black hole’ has nothing to do with Victoria

The Guardian - AU

Hundreds of onlookers gather as high rise flats in Glasgow demolished

HUNDREDS of onlookers gathered at several vantage points in the Gorbals to watch the buildings be pulled down ...

The National (Scotland)

Harvey Coyne is facing triple-heart bypass surgery. His social housing provider wants to evict him

Court documents allege the 66-year-old Noongar man was sent termination notice while hospitalised and grieving the death of his nephew

The Guardian - AU

Chairman of Fannie Mae and Freddie Mac Claims the 'Deep State' Is Hurting the Housing Market

Bill Pulte, the Director of the Federal Housing Finance Agency, who also serves as the chairman of Fannie Mae and Freddie Mac, stated that deep state influence is actively impacting the housing ecosystem in an interview with former congressman Matt Gaetz.

Latin Times

How to Choose a Mortgage Lender in Five Steps

Not all lenders are created equal — here’s how to compare offers, rates and terms with confidence.

Kiplinger

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The Independent UK

Santa Monica business owner offering one-way tickets out of town for homeless people

California business owner John Alle launched a program offering free, no-questions-asked flights home for unhoused people in LA County with an ID and a contact at their destination.

The Independent UK

Housing red flag: Data show increase in cancellations of home purchase agreements versus a year ago

The latest sign of trouble in the U.S. housing market: A pickup in home purchase agreements falling through before they’re finalized

The Guardian - AU

Ben Affleck has dated more Jennifers than there are famous Rebeccas. It’s time for us to rise up

We need more Rebeccas to become stars. If it’s too late for us, we need a new generation of possibly powerful Rebeccas

The Guardian - AU

‘I come to save the system’: why Melbourne tower residents fear for the future of public housing

Victorian government plan to redevelop 44 estates described as ‘foolish’ and ‘insulting’ by locals at first hearing of parliamentary inquiry

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The Guardian - UK

Rules that protect UK homeowners from repossessions may be scrapped

FCA boss says mortgage charter up for review amid pressure from the chancellor to remove red tape for firms

The Guardian - UK

A broken housing market is driving inequality right across Europe – and fuelling the far right

From Lisbon to Amsterdam, housing policy has led to haves and have-nots. But, as our new series uncovers, it doesn’t have to be this way, says Guardian Opinion deputy editor Kirsty Major

The Independent UK

Vietnam ends death penalty for 8 crimes, may spare real estate tycoon

Vietnam has lifted the death penalty for eight crimes in legal reforms that may spare the life of a real estate tycoon imprisoned in the country’s largest financial fraud case

Evening Standard

Planning reforms could break housebuilders’ ‘failed’ dominance – housing expert

Peers scrutinised the Planning and Infrastructure Bill which aims to build 1.5 million new homes.

The Guardian - AU

NSW Coalition proposes cuts to ‘crippling’ fees on housing construction in budget reply

Exclusive: Opposition leader to outline plan for lowering costs amid state’s ongoing housing crisis

Evening Standard

Almost 300,000 middle-earning key workers 'will be priced out out of Inner London by 2035'

London’s population is expected to exceed 10 million by 2035, with a rise of 345,000 people in Inner London alone

Kiplinger

Real Estate Bridge Funds: An Expert Guide to Investing in a Volatile Market

Investors looking for passive income are buying into these funds, which offer capital to borrowers for short-term financing.

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