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The Latest Breaking News on Real Estate

Afternoon Update: Australia’s economy weakest in decades bar Covid; NSW Liberals deny ‘stuff-up spiral’; and spider brains shrink

And the US Open semi-finals take shape

The Guardian - AU

Economy stuck in slow lane as households tighten belts

The Australian economy is barely growing as higher borrowing costs and inflation keep a lid on household consumption.

AAP

Former top aide to Kathy Hochul charged with acting as Chinese agent

Prosecutors allege Linda Sun used her power in New York Executive Chamber to act at the request of PRC and CCP officials

The Independent UK

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

John Lewis submits £80m plan to turn Reading depot into rental flats

Department store chain aims to build 215 homes as part of push to diversify beyond retail

The Guardian - UK

Are You Living in San Diego's 'Worst ADU'?

Plus: The feds come for RealPage, a YIMBY caucus comes to Congress, and tiny Rhode Island enacts a big slate of housing reforms.

Reason

They went from rehab and jail to owning a real estate portfolio: ‘You own the hell out of this house!’

Workers in recovery and back from prison formed the Waterbottle Co-op to fix up houses in Baltimore

The Guardian - US

3 Residential REITs to Watch as Housing Demand Surges

The residential housing market is thriving, driven by its rising demand, lower mortgage levels, and shifting demographics. Thus, one could watch out for leading residential REITs Equity Residential (EQR), AvalonBay (AVB), and Essex Property (ESS) for solid gains. Read on….

StockNews.com

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Maureen Nicol obituary

Founder of the National Women’s Register set up to help women deal with the ‘voluntary exile’ of being stuck at home

The Guardian - UK

'Athwal must resign': Renters Union demands investigation into Labour MP's alleged housing law violations

The London Renters Union has demanded an investigation into allegations that Jas Athwal discriminated against people receiving housing benefits

Evening Standard

Plans for 1,358 new homes and secondary school in Isle of Dogs approved

Homes will be built in several blocks ranging between four and 31 storeys

Evening Standard

The mouldy, ant-infested flats that prove why MPs should never be landlords

This conflict of interest was highlighted again by the Jas Athwal scandal and badly needs to be addressed, says Ben Smoke, a commissioning editor at Huck

The Guardian - UK

Brittany Higgins and David Sharaz put French home up for sale for A$690,000

The house near Bordeaux, which has a pool and is set in more than an acre of land, is being sold to pay legal fees

The Guardian - AU

Minister hits back at 'triple taxed' Airbnb campaign

Accommodation platform Airbnb has begun a campaign against the Victorian government's new short-stay rental levy after it was introduced to state parliament.

AAP

Britain’s first-time buyer hotspots revealed as London commuter town sees boost

Halifax said Slough has become an increasingly popular location for first-time buyers

The Independent UK

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news in one place.

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AAP

Gloomy growth, interest rates sore points for Treasurer

The economy is stuck in the slow lane and Treasurer Jim Chalmers says that's by design, with higher interest rates necessary to tame inflation.

The Guardian - UK

Manchester named top hotspot for first-time buyers in Halifax study

Research covering UK outside Greater London places city ahead of Slough, Sandwell and others

Newcastle Herald

Down but not out - is now a good time to buy in Melbourne?

Get a sneak peek at some smart investments

The Guardian - UK

Starmer criticises Labour MP over tenants’ complaints of mould and ants

PM says ‘it’s unacceptable’ when asked about Jas Athwal allegations but adds MP is ‘taking action to put it right’

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news in one place.

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AAP

Warning for national housing target after approval data

Peak construction bodies have warned that a boost in building approvals in July was not enough to hit the national target of 1.2 million new homes by 2029.

The Guardian - UK

Rightmove can play hardball on asking price. It doesn’t need a Murdoch takeover

The UK property portal is in a strong position and is under little pressure to sell at anything other than a silly figure

Evening Standard

Keir Starmer says London MP renting out damp homes with insect infestation 'unacceptable'

Ilford South MP Jas Athwal has apologised for poor state of some of his rental properties

Evening Standard

Capital Gains Tax jitters and energy performance anxiety — is London seeing the great landlord exodus?

One in five newly listed homes for sale in London are ex-rentals as landlords sell up in droves

The National (Scotland)

Labour MP's mouldy rental properties 'unacceptable', Keir Starmer says

THE state of properties owned by Labour MP Jas Athwal is “unacceptable”, Keir Starmer said ...

The Independent UK

Selling Sunset’s Chelsea Lazkani slams ‘loser’ co-stars ahead of season 8 release

‘You can’t sue me if it’s true babes,’ the estate agent said

The Conversation

View from The Hill: Australians don’t need to be told high interest rates are ‘smashing’ the economy, but is there an alternative?

Treasurer Jim Chalmers mightn’t have expected his weekend comment – made ahead of expected low growth figures later this week – that interest rate rises were “smashing” the Australian economy to set off the reaction it has. After all, it’s been something of a Chalmers mantra.

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