Stories tagged “Housing.”
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Los Angeles offers a quintessential example of the nation's broken housing system. To moderate prices, LA needs to build more homes by allowing more density in its neighborhoods, but much of the city's leadership has opposed it. Mayoral candidate Nithya Raman wants to cha…
About 8% of homeowners at Hong Kong's fire-ravaged Wang Fuk Court have not yet accepted the government's buy-back offer, with the deadline set for the end of August.
The Chairman of the National Housing Fund, Khosrow Mokhtari, stated that the fund aims to complete and inaugurate 160,000 residential units this year. The government's priority is the completion and inauguration of these units, and the fund will support the completion of …
Banks Push Single-Window Fix for PM Housing Scheme in Rawalpindi
Banks have proposed setting up a single-window documentation system at the Rawalpindi Development Authority (RDA) to simplify and speed up processing under the Prime Minister housing programme.
Municipalities barely invested 8% of their massive surplus last year
Spanish municipalities have accumulated a massive surplus, but they barely invested 8% of it last year. The majority of the funds were allocated to housing projects, which have become a priority for many local administrations. The low execution rate is due to a combinatio…
A growing number of people are choosing to swap their houses for a life on the water, citing the need to cut costs and live an adventure. The BBC spoke to several homeowners who have made the move, including Ken Tracey, who spent £75,000 on his boat and a further £20,000 …
A single woman in her late 20s thought she'd have to put her dream of buying a home in the area where she grew up on hold due to the high cost of properties. However, she and her friend decided to buy a house together, which helped them avoid the so-called singles tax.
Proposed changes to Singapore's collective sale regime aim to ease collective sales and renew ageing estates. The changes include lowering en bloc consent thresholds for older developments and shortening the timeline to obtain signatures from 12 to 6 months.
The government will continue to engage stakeholders and take in views and feedback before deciding how to carry out the development of both Gillman Barracks and Maju Forest. Minister of State for National Development Alvin Tan said plans for the sites have not been finali…
JPMorgan Chase will invest $750 billion through 2035 to boost the U.S. housing supply, including financing for 1 million affordable housing units and assisting 500,000 people in buying homes.
The Singapore government is exploring more rental housing options, including co-living and long-stay serviced apartments, to meet the demand from young Singaporeans for flexible accommodation.
Parliament will discuss redevelopment plans for Maju Forest and Gillman Barracks, with MPs asking questions on balancing housing needs with environmental and heritage preservation. MPs will also question Govtech's retrenchment of 93 staff amid its shift to in-house techno…
Concerns over a potential new Russian mobilization have led to an increase in rent in Armenia, with many Russians seeking to leave the country before the fall. The number of searches for apartments in Yerevan has increased significantly, with some reports suggesting a 30%…
House prices have fallen in Brisbane, Adelaide and Perth as the market downturn spreads across Australia. The median home price has fallen about $19,000 below its March peak.
Nigeria's Real Estate Developers Association (REDAN) attributes widespread fraud, multiple land sales, and building collapses to the absence of a regulatory framework for developers.
England's housing targets are at risk due to severe water shortages and aging infrastructure, particularly in drought-prone eastern and southern regions. Water companies and environmental agencies warn of insufficient supply for new homes.
VIP sales at condo launches give some buyers early access to units, creating advantages but raising fairness concerns for regular buyers. Property agents purchase a significant share of units early, prompting calls for clearer rules and disclosure to protect ordinary buyers.
This week on 'Sunday Morning', Jane Pauley presents a rebroadcast of 'The Money Issue', a special broadcast dedicated to the many ways in which money underscores the way we live.
Hong Kong authorities are gauging public feedback on a possible shift in the supply ratio of public rental flats to subsidised sale homes to an even 50:50 split, the housing minister has said.
National Development Minister Chee Hong Tat said that ASEAN and China must continue to strengthen collaborations in areas of mutual interest, such as building liveable, resilient, and sustainable cities. He noted that Singapore and China cooperation has shown how countrie…
The 15-month wait-out period for private property owners buying resale HDB flats has been lifted, reducing stress and inconvenience for seniors like Tony Ang and Low Lee Lin. The wait-out period had limited demand for larger five-room resale flats, but lifting it is expec…
Germany Seeks Remedy for Housing Shortage: 'Ads Disappear in Minutes'
Germany is struggling with a severe housing shortage, with over a million homes lacking in the country. The shortage has led to increased pressure on the government, prompting the coalition led by Chancellor Friedrich Merz to introduce a public society to build affordable…
The Singapore government has extended the timelines for large-scale en bloc redevelopments, giving housing developers more time to complete and sell units. The changes aim to support licensed housing developers in undertaking large-scale redevelopments, which can help rej…
National Development Minister Chee Hong Tat announced that private property owners who sell their homes to buy public flats will no longer need to wait 15 months. This change follows several quarters of price moderation in the HDB resale market, which is showing signs of …
A survey of over 2,000 people in Guernsey found that average income is 12% lower in real terms than five years ago, despite a 12% increase in nominal terms. Average expenditure is also lower in real terms, despite being 19% higher nominally.
The Federal Government Employees Housing Authority (FGEHA) is seeking a five-year income tax exemption, arguing it operates as a welfare organization providing affordable housing on a no-profit, no-loss basis.
Hong Kong's Financial Secretary Paul Chan announced that the Northern Metropolis project will enhance liveability by offering bigger homes and improved recreational access, aiming to create a comprehensive hub for residents.
Public housing completed in Ishikawa for Noto quake victims
A ceremony was held in Nanao, Ishikawa Prefecture, to mark the completion of public housing built for people hit hard by the powerful Noto Peninsula earthquake in January 2024. A total of 14 public housing units were built in a complex, with residents set to begin moving …
Tokyo-area condo prices hit record high in first half of 2026
The average price of new condominiums in the Tokyo metropolitan area surpassed ¥100 million for the first time in the first half of 2026, the Real Estate Economic Institute said Tuesday. The figure rose 13.1% from a year before to ¥101.35 million, according to the institu…
Emancipation Loans: the initiative that has allowed more than 2,000 young people to access their first home
A program by the Catalan Institute of Finance (ICF) has enabled over 2,000 young people in Catalonia to purchase their first home by providing interest-free loans covering 20% of the property value.