'Quite wrong': minister hits out at GST deal criticism A federal minister from Western Australia has defended her state's generous GST deal despite productivity watchdog calls to scrap the arrangement. AAP · Aug 18
Half of homes in Great Britain taking longer to sell than last year amid mortgage volatility Many buyers wait in hope of better deal, although there are hotspots in Scotland and northern England The Guardian - UK · Aug 18
The Manufacturing Comeback Is Creating a New Kind of Industrial Real Estate Race Manufacturers looking to expand domestic production are increasingly searching outside major metropolitan areas, where they can find workers, available electric capacity and industrial sites that allow them to begin production quickly. International Business Times · Aug 18
London's fastest and slowest boroughs for selling homes revealed The average London home now takes 48 days to sell, rising to more than two months in the capital’s slowest-moving boroughs Evening Standard · Aug 17
Angela Rayner shakes up planning rules: What does it mean for London? Thousands more homes could be built near Tube and train stations, including on green belt sites, under a loosening of regulations Evening Standard · Aug 17
Councils fear planning overhaul to boost housebuilding will weaken local voices Measures to streamline housebuilding in England were published on Monday. Evening Standard · Aug 17
Ministers drop plan to relax affordable housing rules after negative response Government concedes ‘significant opposition’ requires new approach on quotas for medium-sized development sites The Guardian - UK · Aug 17
China's Slowdown Intensifies: Retail Sales Rise Just 0.6% as Investment Tumbles The figure fell short of the 1.5% growth expected by economists and marks another slowdown from the 1% gain recorded in June. International Business Times · Aug 17
Mother blames London council after son, 5, died in 'preventable' fall from 15th floor flat ‘You guys could have prevented this tragic thing from happening. If you had done your job, he could have been here’, heartbroken mother tells inquest Evening Standard · Aug 17
Angela Rayner insists Government sticking to plans to build 1.5 million homes An overhaul of planning laws that aims to speed up homebuilding comes two years into the five-year Parliament. Evening Standard · Aug 17
Should You Upsize When College Tuition and Retirement Collide? With $4 million saved, a couple wants a bigger home for their teens before retiring in eight years. In this week's Wealth Wise advice column, advisers reveal why it’s risky — and smart alternatives. Kiplinger · Aug 17
Trump’s tough-guy image has been undone by his own actions The president was forced to hide in a catering truck amid the Iran war, in an encapsulation of the conflict’s failures The Guardian - US · Aug 17
Drive to build 1.5m homes has slowed because of Iran war, minister claims The Government has reached just over a quarter of the way to its target to build 1.5 million homes in England, after two years in power. Evening Standard · Aug 17
Government borrowing costs hit multi-year highs as markets fear inflation, and oil and gas prices rise – as it happened British house prices expected to fall this year, despite ‘Burnham bounce’, Rightmove reports The Guardian - UK · Aug 17
The Guardian - UK · Aug 17 Asking prices for newly listed homes in UK’s richest borough fall by £100k in one month Fierce competition in some areas of London means landlord purchasers are making successful lowball offers
The Guardian - UK · Aug 17 Loosening of planning rules in England to allow more new homes near stations Angela Rayner to launch guidance for ‘default yes’ on developments near transport hubs, including on green belt sites
AAP · Aug 17 Scrapping WA's GST deal a 'significant unfairness' Former ministers who helped set up a controversial GST deal for Western Australia have defended the scheme despite calls to scrap it.
Evening Standard · Aug 16 Angela Rayner tears up planning rules to encourage new homes boom near Tube and rail stations in London ‘Minimum density expectations’ will also make it easier for developers to build upwards to tackle the housing crisis in the capital and other cities
Evening Standard · Aug 16 Angela Rayner promises action to tackle housing crisis with planning shake-up The Government faces a battle to meet its goal of 1.5 million new homes in England.
The Guardian - UK · Aug 16 The Guardian view on London’s social housing: pumping billions into the economy every year Editorial: The provision of homes needs to be thought of as a service, not a commodity to be traded. It is vital economic infrastructure, so let’s make it affordable for all
The Times of India · Aug 16 In 1933, Lincoln's Crooked House was marked for demolition; work revealed a hidden timber-framed building behind its brick façade and saved it; today it is one of the Cathedral Quarter's most photographed buildings In the midst of a demolition in 1933, builders stumbled upon a remarkable 16th-century timber-framed structure known as the Wonky House. This architectural gem narrowly evaded obliteration and has since undergone conservation efforts to rectify damage caused by death-watch beetles and previous poor repairs. Thanks to significant funding, extensive restoration…
The Guardian - UK · Aug 16 Angela Rayner moves to protect pubs from being turned into houses or offices Housing secretary says developers will have to prove there is no way to save pub, as she prepares planning shake-up
Kiplinger · Aug 16 When Is a 1031 Exchange Not the Right Move? A Real Estate Investing Pro Offers a Reality Check for Your Next Exit Investors should look beyond the "automatic" tax deferral of a 1031 exchange and assess whether staying in the landlord game aligns with their long-term goals.
The Times of India · Aug 16 Jack and Laura Dangermond gave $165 million to protect 24,364 acres of California coastline from development In a remarkable act of philanthropy, two billionaires have contributed $165 million to safeguard California's Gaviota Coast, a crucial ecological zone where marine ecosystems converge. This generous donation guarantees the preservation of this exceptional area from any development indefinitely. Nevertheless, this gesture alone cannot adequately combat rising concerns regarding coastal…
AAP · Aug 16 Jobs data and a fireside chat: the economic week ahead Unemployment and wage figures are the pick of the week's economic data, while traders will tune in to a "fireside chat" with the Reserve Bank deputy governor.