Mark Stephens argues that Scotland’s new system of housing transaction tax (LBTT) should be allowed to bed down, but that as the Parliament’s Finance Committee considers… 2,048 more words
Tags » Housing Markets
Land ownership is one of the most corrosive elements of contemporary capitalism.
Until the 20th century, land in the UK was owned exclusively by just under 5% of the population. 552 more words
It might seem as if there’s an apartment shortage in cities, judging by the ever soaring cost of rent.
But a growing fraction of U.S. apartments—especially luxury—have been left unoccupied for longer stretches of time, real estate research firm CoStar revealed in a report Monday, as developers continue to build housing in the cities instead of the suburbs—injecting more risk into the economy. 361 more words