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The Latest Breaking News on Real Estate

Friend of Alexander real estate brothers surrenders in sexual assault case

A friend of brothers who are prominent in luxury real estate in Florida and New York and are charged with sex trafficking and assault has surrendered to face an allegation that he helped two of them rape a woman nearly a decade ago

The Independent UK

‘Gamechanger’: super fund billions touted as solution to housing crisis

Institutional investors traditionally shy away from social housing because returns are too low but Labor initiative may change that

The Guardian - AU

Less than 10% of green belt could be redefined as ‘grey belt’, says minister

The Government has instructed councils to look at poor quality, green-belt land for potential housing developments.

The Independent UK

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read the most diverse news in one place.

First look at controversial new ‘village’ for ageing residents

THE first images of how a controversial new "village" for older residents in East Lothian will look have been unveiled

The National (Scotland)

Jeremy Corbyn warns pupils left with nowhere to go as Islington school faces closure

Highbury Quadrant Primary School has 161 students, but space for 360, and has lost 115 students since 2020

Evening Standard

Annual growth in house prices and rents has accelerated

The figures were released on the day the ONS said Consumer Prices Index inflation rose to 2.6% in November.

The Independent UK

Rents spiralling at record 12% a year rate in London in new cost-of-living blow, official figures

But house price growth in the capital was the slowest in the country

Evening Standard

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UK inflation hits eight-month high of 2.6%, fuelling calls to hold interest rates

Annual increase in November driven by rising cost of petrol and groceries and hike in tobacco duty in budget

The Guardian - UK

Budget blues in the most populous state as rates weigh

Government finances are wobbling in Australia's most populous state as stubbornly high interest rates weigh on home building and consumer spending.

AAP

‘Vital cash injection’ to tackle and prevent homelessness welcomed

Housing Secretary Angela Rayner described the funding as ‘historic’.

The Independent UK

Tenants Sue Landlord and Win. Court Accidentally Hands Money to Landlord: 'Pure Madness'

A legal victory against their landlord has left a Sussex couple feeling defeated after the court mistakenly paid their £90,000 to the person they were suing.

Latin Times

North Carolina Passes Sweeping Surprise Ban on 'Downzoning'

To the bewilderment of many, North Carolina's hurricane relief bill includes the nation's strongest property rights protections against new zoning restrictions.

Reason

Peckham redevelopment scheme sees affordable housing numbers slashed

The percentage of affordable housing planned for the site by Rye Lane would shrink to 12 per cent

Evening Standard

How Ramshackle Housing Made Mayotte Vulnerable To Cyclone Assault

The dismal quality of housing across Mayotte has compounded the devastating impact of Cyclone Chido on the poverty-stricken French Indian Ocean territory where hundreds, or maybe thousands, are feared dead.

International Business Times

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The Guardian - AU

Australians making record $295,000 median profit on home sales, report shows

Brisbane the most profitable city in September quarter while Melbourne the only capital city market to record more loss-making sales

The Independent UK

Surge in wages means beleaguered borrowers must wait for interest rates cut

Pay packets are now growing at 5.2 per cent, up from 4.9 per cent three months ago

The National (Scotland)

One in 10 temporary properties lying empty amid housing crisis, figures show

ONE in 10 homes used for temporary accommodation in Scotland are lying empty, according to the latest figures ...

The Guardian - UK

Thousands of affordable homes ‘held up by lack of money from providers’

New homes in England and Wales not being built as housing associations face financing issues, research shows

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Radio France Internationale

France sends diplomats to Syria to make 'initial contact' with new authorities

A French diplomatic mission will travel to the Syrian capital Damascus this Tuesday to reestablish contact after the fall of Bashar al-Assad, acting Foreign Minister Jean-Noël Barrot said. Likewise, the US, the UK and other countries are investigating how they might normalise relations with the new regime.

The Guardian - AU

NSW fun park must close some rides after court finds them unsafe and in breach of planning laws

The order follows three-year-long legal saga involving the south coast park’s owner and Kiama council

Reason

Is the YIMBY Movement Hopelessly Divided?

Internal tensions within the movement are real, but far from irreconcilable. Litigation and political reform are mutually reinforcing, not mutually exclusive pathways to curbing exclusionary zoning.

Evening Standard

UK is ‘wired for old world’ of the 1980s and 1990s, says Kemi Badenoch

The Conservative leader suggested that the UK is ‘regulating ourselves at very high standards’ which ‘puts us at a disadvantage’.

Top News

Supreme Court Declines To Review Federal Bribery Charges Against Ex-Lt. Gov.

Supreme Court declines to review federal bribery charges against former NY Lt. Gov. Brian Benjamin, citing lack of explicit quid pro quo and First Amendmen...

Latin Times

Real Estate Platform To Show Neighborhoods' Political Leanings To Prospective Homebuyers

The tool will initially be available in South Florida and New York City

International Business Times UK

Who Are The Alexander Brothers? Luxury Brokers 'Raped And Drugged Women' For Over A Decade

Luxury real estate brothers Tal and Oren Alexander, along with their brother, Alon, were arrested on sex trafficking charges.

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