Tags » Housing Markets

It's almost as if central banks are intentionally inflating their housing bubbles

If you’re scanning the world for potential housing bubbles, look down under.

Australia’s residential real estate market has been on fire for years. And the Reserve Bank of Australia’s decision to cut interest rates to record lows will only stoke the flames, with… 396 more words

Realtors: Portsmouth foreclosure forecast positive, despite tolls

PORTSMOUTH, Va. (WAVY) – Some are hoping a new year brings a better outlook for homeowners, especially in Portsmouth.

Surveys showed the city had some of the highest foreclosure rates in the state last year after tolls began at the Downtown and Midtown tunnels. 334 more words

Local News

What is wrong with the Finnish housing market?!

Look at this. The three biggest influences on Finnish inflation are all related to housing (subsidized housing rent increases, maintenance fees and general rent increases). 278 more words

Finland

Soaring rent rises to leave nearly 6 million private renters living in poverty by 2040

A generation of primary school children face paying private rents that are 90% higher than the cost of renting at the start of the recession.  Forecasts for the Joseph Rowntree Foundation (JRF) show how rents will rise twice as fast as incomes and without action now, more people will be at risk of poverty due to rising housing costs. 505 more words

Research

Changes to construction defect liability law in Colorado State aimed to boost local housing markets

The City of Lakewood in Colorado State has recently passed a local government ordinance amending Colorado’s laws around construction defects.

The amendments give builders a ‘right of repair’ for construction defects before facing litigation for the work, and also require consent from a majority of homeowners in developments before issuing proceedings. 83 more words

Swinney’s stamp duty critics are talking rot– but the real test will be the council tax

History was made on 9 October when John Swinney announced the Land and Buildings Transaction Tax which will replace Stamp Duty Land Tax next April. In doing so the Scottish Finance Minister introduced the first tax to be levied by a Scottish Parliament since the Act of Union in 1707. 1,173 more words

Research