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The Latest Breaking News on Real Estate

‘There’s no way I can pay’: London residents despair of steep costs and forced use of ‘poor door’

‘Affordable housing’ home owners complain of paying high charges for facilities mainly used by better-off residents

The Guardian - UK

Residents trapped with service charges of up to £8,000 a year threaten legal action against government

Owners of homes marketed by housing associations as ‘affordable’ are planning a challenge as service costs spiral

The Guardian - UK

‘It’s packed with dealers. Look around you’: life amid the cocaine cartels of the French Riviera

Nice may be at the heart of France’s upmarket Mediterranean coast, but violent drug gangs making €1.5m a month are colonising part of it

The Guardian - UK

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The moment I knew: I was snot-crying through a Disney film when he placed his head on my shoulder

Watching a kids’ movie about self-acceptance reduced Will Hopkins to a blubbering mess. But Herschel’s reaction made him feel safe and free from judgment

The Guardian - AU

Listed: Three Homes for Retiring in Portland, Maine

Three real estate listings in Portland, Maine.

Kiplinger

Trump administration to slash funding for enforcement of fair housing laws

The Associated Press obtained information that says President Donald Trump’s administration has begun terminating federal grants to organizations that enforce the federal Fair Housing Act's anti-discrimination laws

The Independent UK

When politicians resort to personal jabs and point-scoring, Australians stop listening

Negative campaigning such as attacks on politicians’ wealth can feel tone-deaf when people are grappling with financial hardship

The Guardian - AU

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Bank of England must proceed with caution over future rate cuts, says deputy governor

Dave Ramsden said a gradual and careful approach was needed to balance inflation risks and interest rate cuts

The Guardian - UK

UK house prices rise for sixth straight month despite ‘affordability challenges’

Average price of property increased by 0.4% to £270,493 in February, Nationwide says

The Guardian - UK

Sixth month-on-month house price rise in a row recorded by index

Nationwide Building Society predicted a house sales jump in March, followed by a period of weakness following stamp duty changes.

The Independent UK

Regional shake up to accommodate population boom

Regional centres are set to expand to cope with a looming population boom, with a development focus on areas beyond at least one of the nation's largest cities.

AAP

Shuttered car factories in Australia could be repurposed to make houses faster and cheaper

Australia is in the grip of a severe housing shortage. Many people are finding it extremely difficult to find a place to live in the face of rising rents and property price surges. Homelessness is rising sharply. Tent cities are becoming more common.

The Conversation

Calls for Labour peer to be investigated over cash-for-access claims

Campaigners raise concerns about Lord Evans of Watford’s conduct, while leader of Lords says he should ‘not be a member’ if rules were broken

The Guardian - UK

Pending US home sales slide to all-time low in January on rates, prices, maybe weather

Pending home sales in the United States slid to an all-time low in January as high mortgage rates, record-high home prices, and possibly the terrible weather last month hindered those seeking to buy

The Independent UK

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Evening Standard

Derwent sees strong demand for office space in "pretty busy" central London

Growth in rental values doubled to 4.3%, the highest since 2016

The Guardian - AU

Affluent suburbs targeted in Victorian government move to seize planning controls to build more homes

South Yarra and Windsor among 25 new ‘activity centres’ identified by Labor for higher-density housing

The Guardian - AU

Older women like me are the ‘missing middle’ in Australia’s housing crisis

Many of my generation are stuck in a vicious cycle – too wealthy for public housing but too financially strained for long-term private rentals or mortgage finance

The Guardian - AU

It’s time we asked: what is the cost not just to the budget, but to society, when the richest are helped to get richer?

The question ‘how do we pay for it’ only seems to come up when the government spends money on things that help low and middle-income earners

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news in one place.

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The Guardian - UK

Lords chief whip spoke at what appears to be cash-for-access event

Roy Kennedy spoke at one of events organised by son of Lord Evans of Watford, who has been exposed as offering access to ministers

Evening Standard

Sinkhole that wrecked Surrey street could take year to fix, residents told

Homeowners and families were evacuated after a sinkhole appeared on the night of February 17

StockNews.com

3 Stocks Profiting From America’s Housing Shortage

The ongoing housing shortage in the U.S. is presenting promising opportunities for companies engaged in homebuilding, renovations, and building material operations and activities. Therefore, from an investment approach, sound stocks like Snap-on (SNA), Owens Corning (OC), and Cavco Industries (CVCO) could be ideal portfolio additions. Keep reading.

RideApart

Willow Spring International Raceway Was Just Bought, and We're Not Sure What'll Happen

What is there to say when you hear of anything being bought by private equity (PE) but, "Please, not again. When will it stop?". Maybe we just hear the bad stories about PE buying an asset, scalping it, and selling it off for parts once it's maximized a relatively short-term…

The Independent UK

7 things I don’t own in my portfolio

As someone who writes about building portfolios for a living, I research many types of investments, from tried-and-true core holdings to more esoteric corners of the investment world

The Guardian - AU

Even though the offer is a serious play, Nine probably doesn’t want to sell Domain

US property conglomerate CoStar offered $4.20 a share, valuing the Domain business at $2.7bn – but sometimes silence speaks louder than words

The Independent UK

Iranian exiles in the US seek multimillions for years of brutal torture by notorious security chief

Exclusive: Three former dissidents are accusing the Shah of Iran’s “chief torturer” – who later relocated to Florida and became a real estate developer – over years of unimaginable abuse they say continues to haunt them to this day

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