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FORGOTTEN HISTORY: 9 - The Untold Story

Mixed results from first post-budget auction weekend

The treasurer and prime minister are doing a sales job on government attempts to boost housing supply as property investors chew budget changes to tax breaks.

AAP

Why are millions of homes in Japan empty: Inside the shocking rise of abandoned “ghost houses” across the nation

Across Japan, something unusual is happening in plain sight. Entire neighbourhoods have houses that still stand, but nobody lives inside them anymore. Windows stay closed for years. Gardens grow wild, and paint fades slowly in the weather and over time. Reportedly, Japan has around 9 million vacant homes, a figure…

The Times of India

UK has highest property tax burden of top economies, says report

Tax firm Ryan’s report found that the UK ranks first globally for the property taxes as a share of gross domestic product (GDP).

Evening Standard

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The UK property hotspots where the average first-time buyer is just 27

These are the places where members of Gen Z are getting on the property ladder

The Independent UK

Morning Mail: big tobacco accused of scare tactics, how supermarkets swap discounts, and Ebola fears rise

Big tobacco stoking fears over illicit trade, experts claim; supermarket promotions in sync

The Guardian - AU

Prince of Wales set to sell a fifth of Duchy of Cornwall in next 10 years

The duchy provides William, who is the 25th Duke of Cornwall, with a private income of nearly £23 million a year.

Evening Standard

Want to buy a house in Sydney? Be prepared to pay nearly $120,000 over the advertised price

Underquoting is rife across the country with Melbourne the only capital where more properties sell below the guide than above

The Guardian - AU

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‘Feels like an illusion’: inside post-Maduro Venezuela’s bewildering new era

Four months after Trump’s surprise raid, a political thaw has descended – but mingled with hope is trepidation for what comes next

The Guardian - UK

Housing costs still too high in Ireland, Micheal Martin says

Fianna Fail is marking its centenary at the party Ard Fheis in Dublin.

Evening Standard

Mother and three children forced to live in their car for six months due to south London council failures

The Local Government and Social Care Ombudsman (LGO) found that the young family continues to suffer the ‘physical, emotional and psychological impact’ of their ordeal

Evening Standard

Rise in deed theft across US prompts crackdown in New York City

After more than 500 deed theft complaints last year, Zohran Mamdani pushes crackdown effort

The Guardian - US

Rent hikes, more homelessness as climate change bites

Climate change has the potential to widen the gap between renters and homeowners without fairer policy support directed at the worst off.

AAP

DHS Watchdog Now Probing How Kristi Noem Spent $1 Billion on Warehouses With No Plumbing or Zoning Permits

The DHS inspector general is auditing all warehouse purchases under Kristi Noem's $38 billion detention programme after ICE overpaid by an estimated $107 million on properties without plumbing or proper zoning.

International Business Times UK

Like many Australians, I was a ‘rent-vestor’. No one should have to do what I did just to secure housing

While I owned an apartment, I couldn’t afford to live in it – forced to become a speculative investor just to have a shot at shelter

The Guardian - AU

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AAP

Coalition's bracket creep plan to cost tens of billions

The coalition's economic plan for Australia would hand back more money to workers by indexing tax rates to inflation at a cost of tens of billions of dollars.

The Guardian - US

Canadian officer accused of spying for China acquitted of charges

William Majcher was accused of helping Chinese police coerce a Vancouver-area real estate investor, accused of fraud, to return to China

The Guardian - AU

What do the federal budget’s housing measures do for Australia’s ‘forever renters’?

The reforms are ‘bold first steps’ towards structural change, but won’t really affect the outlook for long-term renters, academic says

Evening Standard

Plans for huge new 882-home west London neighbourhood put forward

The plans also include shops, offices, a café and a new community centre

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AAP

Middle ring could be 'hollowed out' by tax overhaul

Tax changes in the federal budget will likely shift property investors to new houses in the outer suburbs and inner-city apartments, economists say.

The Guardian - UK

Reeves warns against risking economic stability with leadership battle, after UK growth beats forecasts in March – as it happened

Chancellor warns against plunging the country ‘into chaos’ with leadership battle, after economy grows at fastest pace in a year in Q1 2026

The Guardian - UK

Housing market in England and Wales weakening due to Iran war, say estate agents

Homebuyers more cautious due to possible mortgage rate rises and higher inflation as sellers sit on properties

Evening Standard

Regional divide as house prices came under increased pressure in April – report

Until there is a clearer path for inflation and borrowing costs, activity and sentiment look set to remain subdued, RICS said.

The Independent UK

Ex-Brooklyn judge accused of swindling real estate investors out of millions of dollars

A former New York City judge who resigned last year while under investigation for professional misconduct has been charged with abusing his position to swindle real estate investors out of at least $5 million and then using some of the loot to pay his own bills

Latin Times

Former California Gov. Candidate Stephen Cloobeck Arrested in Witness Tampering Case

Cloobeck surrendered May 12 at the Los Angeles County Sheriff's Department West Hollywood station and was later released after posting $300,000 bail.

The Guardian - AU

Has Labor’s tax reform killed ‘rent-vesting’ for young Australians seeking a foothold in the housing market?

Changes to capital gains tax and negative gearing will make the strategy of renting in a preferred area while buying a cheaper property elsewhere less attractive, experts say

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