RARE PHOTOS: 14 | Vintage Vibes

Treasurer tips housing growth despite investor slump

A collapse in property investor lending since the federal budget is good for the economy in the long term, the boss of the nation's biggest bank says.

AAP · Aug 11

Axe stamp duty? How Andy Burnham could change property tax

The new PM could bring in revenue for social care or defence with a land levy or by reforming council tax

The Guardian - UK · Aug 11

California woman refused to sell her home despite repeated lucrative offers; developers eventually built a 246-unit apartment complex around her house covering five acres

Carolyn Carter had spent 50 years living in her modest home in Burbank, California, when a major residential development began transforming the neighbourhood around her. Properties along Hollywood Way were being acquired by the Chandler Group, and more than two dozen of Carter's neighbours agreed to sell their homes. Carter,…

The Times of India · Aug 11

Homeowners Sue Mamdani Over NYC's Chaotic New Tax on Luxury Second Homes — And Two of Them Are Family of a Political Rival

Three New York City homeowners are suing Mayor Zohran Mamdani's administration over the rollout of a new tax on luxury second homes, arguing the city's public database and mailed notices swept up thousands of full-time residents who don't actually owe the surcharge. Two of the three plaintiffs are the wife…

Latin Times · Aug 10

Plans for Wembley hospital to be demolished and replaced with 100 homes get green light

The Old Wembley Hospital operated within the existing buildings on the site from 1928 until 2000

Evening Standard · Aug 10

'Hawkish' RBA open to more hikes after holding rates

Borrowers are on notice with the Reserve Bank signalling it won't shy away from raising interest rates if inflation comes in higher than forecast.

AAP · Aug 10

Australia’s falling house prices have a silver lining for mortgage holders. Here’s why

The RBA’s governor, Michele Bullock, has made it clear that the ‘easing’ property market is on her mind

The Guardian - AU · Aug 10

How Do You Step Away From Your Real Estate Empire Without Facing a Giant Tax Bill?

Real estate developers wanting to exit but facing a hefty tax bill can transition into a diversified portfolio of Delaware statutory trusts via a 1031 exchange.

Kiplinger · Aug 10

‘The market is dead’: why aren’t flats in England selling?

Figures show most leasehold flats in England do not find a buyer within six months, despite slashed prices

The Guardian - UK · Aug 8

Offices above Charing Cross station could be transformed under major revamp

The application, submitted by real estate firm Bridgemont with Westminster City Council, aims to revamp the site to deliver 35,000 square metres of office space

Evening Standard · Aug 7