Going green – comparing UK and EU real estate
From April 2023, it will be a breach for landlords to continue to let commercial premises that are sub-standard.
Overseas
Tenant blows up landlord’s flat after being evicted
A tenant took revenge on his landlord by blowing up the property with gas after being evicted.
Foreign investment into UK property plummeting
An estimated total of just £3.3bn has been paid for properties across the UK since January, compared to around £9.4bn in 2020 and £16.6bn in 2019.
US housing market to slow down in 2022
However LendingTree said “the housing market likely won’t crash”, because fundamentals like people being able to pay their mortgages should remain strong.
China’s Evergrande crisis prompts Lehman Brothers comparison
Evergrande is £226bn in debt, leading to comparisons with the fall of investment banking giant Lehman Brothers in 2008, which helped spark the global financial crisis.
Portugal’s Algarve an investor growth area
The Algarve, known for its villas and warm climate, has attracted strong interest from investors this year.
Canada housing market: A sweeping speculation tax in the offing in 2022?
In 2022, the federal and provincial governments can be under pressure to rid the housing market of the dominance of investors
Afghan refugees stuck in London hotels
Afghan refugees have spent months in London hotels rather than being permanently resettled.
London ranked as number one real estate market to watch in Europe
Private equity investors appear to think London offices are undervalued, while it’s thought that London can reinvent itself as a tech hub – with Facebook, Google and Amazon already having a strong presence – and by promoting life sciences after Brexit.
Making a case for land transfer tax review in Canada
That the pandemic will deal a blow to the housing sector was the speculation in the first half of 2020. But speculations – because they lack firm evidence – tend to go wrong.
