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The Latest Breaking News on Real Estate

Hafta 552: Online gaming ban, Trump’s 50 per cent tariff on India

This week on Hafta, Newslaundry’s Abhinandan Sekhri, Raman Kirpal, Jayashree Arunachalam, and Anand Vardhan are joined by economist and author Vivek Kaul and sports journalist Sharda Ugra.

Newslaundry

New Pew Charitable Trusts Repot on "How States and Cities Decimated Americans' Lowest-Cost Housing Option"

They have done so banning or severely restricting low-cost "single-room occupancy" (SRO) housing.

Reason

Rayner set to hit English councils that block new housing with tougher sanctions

Local authorities could be forced to approve new developments or risk giving planning control to Whitehall

The Guardian - UK

From analysis to the latest developments in health,
read the most diverse news in one place.

Liverpool Street station tower block plan 'should be rejected on eco grounds', say campaigners

Coalition claims ‘destructive’ £1bn scheme should be thrown out on sustainability grounds

Evening Standard

Voices: Angela ‘three homes’ Rayner has done nothing wrong – and the Tories know it

COMMENT: The Conservative Party is making a mistake by joining in the right-wing press vendetta against the deputy prime minister, says John Rentoul

The Independent UK

Angela Rayner 'dodged £40,000 stamp duty payment when buying Hove flat'

The Deputy Prime Minister is believed to have avoided extra stamp duty when she removed her name from the deeds of her property in her Ashton-under-Lyne constituency

Evening Standard

As house prices continue to rise, should you buy property using a modern auction?

It’s becoming more popular - but you must be aware of the risks and pitfalls before you start

The Independent UK

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Trump’s death penalty pledge for Washington DC is ugly racial politics

The president’s unconstitutional vision would bring a racist practice back to a city that has banned it for decades

The Guardian - US

House sales ticked higher in July as activity rebounded further

HMRC said there were 95,580 property sales last month, reflecting a 4% increase against the same month last year.

The Independent UK

New Zealand’s house prices are finally falling. Could this happen elsewhere?

Prices have dropped by up to 30% in some parts of the country – but experts say obstacles to home ownership remain

The Guardian - AU

Quit dumping on older people, we’re giving back to our communities

Letters: Retirees are helping run food banks, libraries, and charity shops, stepping in where younger generations aren’t, say readers in response to an article by Phillip Inman

The Guardian - UK

Painting allegedly looted by Nazis during WWII spotted in real estate listing

The original ‘Portrait of a Lady’ appeared to be hanging above a velvet sofa in the living room of a chalet for sale

The Independent UK

How Home Appraisals Work — and What the Final Value Means

From comps to contingencies, here’s what a home appraisal reveals about your property’s true worth.

Kiplinger

Treasury ‘considering taxing landlords’ rent’ to raise £2bn

Proposals for autumn budget would mean expanding national insurance to include rental income

The Guardian - UK

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news in one place.

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AAP

Social housing not just a 'nice thing to do'

A housing minister says it was a mistake not to promote a major social housing initiative as a significant economic stimulus package.

The Guardian - UK

Property tax threat is slowing down housing market, say UK agents

Talk of the chancellor looking at a new levy on expensive homes or removing CGT exemption is making buyers wary

Evening Standard

'Serious failings' identified by housing regulator at Kensington and Chelsea Council

Kensington and Chelsea, the borough which contains Grenfell Tower, has been handed the second lowest grade by the Government Regulator over the state of its social housing

The Guardian - AU

Tax breaks for investors unfair but there’s no quick fix, housing affordability boss says

Susan Lloyd-Hurwitz says the best that can be hoped for is that prices stabilise and don’t grow in excess of wage growth

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news in one place.

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The Guardian - UK

Getting a lodger: how to earn extra cash by letting a room in your home

The government’s ‘rent a room’ scheme lets you earn up to £7,500 a year tax-free from letting out accommodation

Kiplinger

Should You Sell Your House Now or Wait? What to Consider

With rates holding steady and market shifts ahead, here's how to decide whether to list your house or wait.

The Independent UK

Here’s why more homeowners are delisting their properties rather than lowering their asking price

For every 100 newly listed homes this past June, 21 homes were delisted, according to Realtor.com

Evening Standard

Bank of England policymaker calls for interest rates to stay on hold for longer

Catherine Mann, a member of the Bank’s Monetary Policy Committee (MPC), said keeping rates at the current level was ‘appropriate right now’.

Evening Standard

Woman handed suspended sentence and ordered to pay over £6k for submitting false council housing application

Amira Issa, 41, who lives in Southwark, was sentenced to six months in prison suspended for 12 months

The Guardian - UK

Amsterdam’s squatter wars are back – and wealthy Dutch homeowners have only themselves to blame

Those already on the property ladder are fuelling a shameful disparity. Until they wake up, the krakers will keep coming, says journalist Senay Boztas

The National (Scotland)

'Disgraceful': Officials raise tenants' rents well above what landlords requested

SCOTLAND’S “deeply flawed” rent adjudication system saw officials raise rent prices well above what landlords had requested, new figures have…

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People

Jayashree Arunachalam

From analysis to the latest developments in health,
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