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The Latest Breaking News on Real Estate

Gimme shelter… how social housing in stormy Shetland was transformed by a modernist fleeing 60s London

Leaving forward-thinking Camden council in 1969 for the UK’s northernmost isles, the architect Richard Gibson built well-made homes for all in work that feels newly relevant…

The Guardian - UK

Prefab to unlock speed, efficiency in home building

Australian construction is stuck in the dark ages and modernising the sector could deliver housing faster at a time of acute shortages.

AAP

NSW Liberal Andrew Bragg claims some party colleagues may be ‘playing footsies with nimbys’

Moderate senator says the idea of new developments in established suburbs does not sit well with some Liberals

The Guardian - AU

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Mayors urged to pitch for housing infrastructure cash

Queensland's opposition has guaranteed at least $1 billion will be provided for regional housing infrastructure projects if elected in October.

AAP

Where can renters in a tough financial spot turn to for help?

Some 45% of renters have less than £500 in savings, according to a new survey.

The Independent UK

Mexico City assembly OKs strongest rent control since the 1940s, limiting rises to inflation rate

The legislature of Mexico City has approved the most ambitious rent control law since the 1940s, which will limit increases to the inflation rate each year

The Independent UK

Door opens for long-delayed Reserve Bank reforms

The federal treasurer has shifted on key opposition demands in order to secure support for changes to modernise and strengthen the Reserve Bank.

AAP

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Stock Market Today: Stocks Drop Ahead of Powell's Jackson Hole Speech

Sentiment turned cautious ahead of Fed Chair Powell's highly anticipated speech Friday at the Jackson Hole Economic Symposium.

Kiplinger

‘No blank cheques’: Rachel Reeves defends pay deals with unions

Chancellor rebuts Tory accusation she will be a soft touch and hints at tweak to debt rule to allow more borrowing

The Guardian - UK

US Existing Home Sales Rise In July, Ending Downward Trend

Sales of previously owned homes in the United States edged up in July, industry data showed on Thursday, breaking a four-month trend of declines.

International Business Times

Nebraska Finally Has Some Property Tax Relief

After a two-week special session, lawmakers have approved a bill to provide property tax relief to millions of Nebraskans.

Kiplinger

Australia has a poverty problem – so why is there no agreed measure of it?

Experts agree that tackling disadvantage requires an understanding of how many people are affected and by how much

The Guardian - AU

The remote house on the Windsor estate Prince Andrew could move into if evicted from the Royal Lodge

King Charles has reportedly moved to axe his brother’s security at his Windsor home

The Independent UK

Courtney: Supercars retirement announcement "accidental"

Supercars racer James Courtney has revealed he did not mean to announce his impending retirement from motor racing in the manner that he did.

Autosport

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The Guardian - AU

Melbourne mayor backs converting offices into apartments in bid to boost housing supply

Support for idea comes as Victorian government unveils plan to fast-track planning approvals in 10 hubs across city

Latin Times

Paraguayan lawmaker killed after engaging in shootout with police during drug raid

Authorities say Gomes greeted them with gunfire; police fired back, fatally wounding the 67-year-old lawmaker

USA Today Sports Media Group

Trump National Golf Club saves $257K a year through a tax break by claiming to have 12 goats

The club charges a $350,000 membership fee, meaning one new member would cover the taxes.

AAP

Gen X, older millennials ride housing boom to the bank

Older millennials and generation X are among the biggest winners from Australia's real estate boom as profits from sales hit their highest level in 10 years.

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Evening Standard

London rents "have over-shot" as rental inflation slows to lowest level in almost three years

Rental inflation for new lets it is the lowest it has been in three years as demand falls

Evening Standard

Battersea Power Station under fire from council over low levels of affordable housing

So far about half of the Battersea Power Station masterplan has been delivered with two of the six phases of the development completed

Evening Standard

OPINION - The Standard View: Autumn is coming — and so are tax rises

As summer threatens to give way to autumn, the drum beat of tax rises is growing ever louder. Today, it was data from the Office for National Statistics showing that public sector net borrowing has surged to a worse-than-forecast £3.1billion in July, significantly higher than the year before.

The Guardian - UK

Social housing rents to rise as part of UK push to build affordable homes

Rachel Reeves works on plan for 10-year formula to give councils and housing associations certainty

Al Jazeera

In South Africa, patriarchal law cuts some women off from owning their home

How a land law seeking to fix the racial injustices of apartheid created gender barriers for Black women instead.

The Guardian - UK

TV tonight: the young people tackling the housing crisis in a remarkable way

How to create a property portfolio with an Instagram account. Plus: the brilliant Celebrity Race Across the World continues. Here’s what to watch this evening

Evening Standard

OPINION - The Standard View: You shouldn't have to be rich to rent in London

It is a staggering figure. Londoners must earn more than £76,000 a year to afford the average privately rented home in the capital. A report by the G15 group, which represents London’s largest not-for-profit housing associations, highlights just how unaffordable the city has become.

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