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The Latest Breaking News on Real Estate

'No-brainer' to end negative gearing on holiday rentals

A group of crossbenchers and Labor parliamentarians have heard ending negative gearing on short-stay rentals would boost housing affordability and the budget.

AAP

Would The U.S. Economy Collapse If Everyone Followed Dave Ramsey's Debt-Free Plan And Stopped Spending Like Congress? Here's What He Says

A recent episode of “The Ramsey Show” featured a question from a caller in Chicago that many Americans have probably thought about. Adam asked what would happen to the economy if a large number of people stopped using credit cards, ditched loans and followed Dave Ramsey's Baby Steps to become…

Benzinga

Home prices continue rising amid supply-demand mismatch

Home values have grown at the fastest rate in 15 months as the mismatch between supply and demand continues driving up prices.

AAP

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'I Don't Buy Single Stocks,' Says Dave Ramsey. One Stupid Decision And You Could End Up With A Bud Light, Tesla, Or Cracker Barrel Moment

Steve from Greensboro, North Carolina, called into “The Ramsey Show” with an impressive financial profile: no debt, retired at 78, and sitting on a $5.4 million net worth. But personal finance personality Dave Ramsey wasn't impressed by everything he heard.

Benzinga

Negative gearing on short-stay rentals costs Australia up to $556m a year, report estimates

Almost 170,000 homes are estimated to be operating as short-stay accommodation, which can still claim tax breaks

The Guardian - AU

Rayner has right to spend money as she chooses, says Phillipson in row over flat

The Education Secretary said the Deputy Prime Minister has insisted she followed the rules over her £800,000 purchase in Hove.

Evening Standard

Trump wants to ax an affordable housing grant that's a lifeline for many rural communities

President Donald Trump and House Republicans want to cut new funding for a housing grant that many rural areas rely on to help fund affordable housing

The Independent UK

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Sold A Dream, Stuck With A Nightmare: How A Whole Life Insurance Policy Became A Financial Trap

A whole life insurance policy can offer some extra peace of mind. It can give your loved ones an extra blanket of financial protection in case you pass away. These policies aim to minimize the financial loss for beneficiaries if the policyholder doesn't live as long as expected.

Benzinga

A missing cat and motel homes: inside Queensland’s crackdown on those in need of housing help

Critics say the state’s harsher policies, intended to prioritise those in ‘genuine need’, won’t reduce homelessness

The Guardian - AU

‘You’re Not Gonna Believe This’: How Todd Chrisley Responded After Someone Asked Him If He Planned To Run For Office

This would be a major move for the Chrisley patriarch.

Cinemablend

With Birthrates Falling, A Millennial Asked, If Money Weren't An Issue, Would You Have Children? The Answers Were Surprisingly Honest

As conversations about declining birthrates continue, a millennial on Reddit posed a simple but pointed question: “If money wasn't an issue, would you have children?”

Benzinga

Young Americans Expect To Inherit $335,000 On Average. A New Survey Shows How Much Millennials And Gen Z Are Banking On Family Wealth

A majority of young Americans are counting on family wealth to shape their future, according to a new survey by insurance agency Choice Mutual that digs into expectations around inheritance.

Benzinga

An Interviewer Regrets Not Giving $10,000 To Warren Buffett When They First Met—'I Think You'd Have A Little Over $15 Million Now'

In a 1985 interview with financial journalist and author Adam Smith, Warren Buffett shared the principles behind his extraordinary investment success. Smith, who had met Buffett early in his career, admitted on camera that he regretted not investing. Buffett, never one to brag without data, responded calmly: “If you joined…

Benzinga

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

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Benzinga

Shaq Said 'They Would Turn Away' When He Spoke Without Credentials. So, He Got An MBA And Paid For 15 Friends To Get One Alongside Him

When Shaquille O’Neal shows up to a business meeting, he expects to be taken seriously. But that wasn’t always the case. The NBA Hall of Famer has said over the years that even after making millions and achieving global fame, some people still dismissed him when deals were being discussed.

Reason

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.

Benzinga

As Donald Trump Seeks To Change The Future Of Public Education, These Billionaires Are Opening Schools

In his second term, President Donald Trump has made some profound changes to the U.S. education system. In an executive order issued in March, he indicated his intention to dismantle parts of the Department of Education. Another executive order from January expanded school choice initiatives, which would impact how public…

The Guardian - UK

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

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Benzinga

'My Car Is Also My Backup Home': SSDI Recipient Fears Losing Benefits After $1,500 Insurance Payout From Hitting A Deer

A $1,500 insurance payout shouldn't normally be a cause for worry. But for one Social Security Disability Insurance recipient, the check raised a serious question: Could it put their benefits at risk?

Evening Standard

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

The Independent UK

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

Evening Standard

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

The Independent UK

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 Guardian - US

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 Independent UK

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.

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