€1 billion pushed into stimulating housing construction may have achieved little

1 week ago

The housing affordability crisis is going global

DUBLIN—When Mikey Cullen’s parents were in their early 20s, they earned enough as public-sector workers to buy a house in the city. Ireland, after years of anemic construction, now has the European Union’s most expensive housing, according to a broad measure of rent, maintenance costs and utilities by Eurostat, the European Union statistics agency. “When cities had housing shortages, if …

Europe Housing Construction Canada Costs Prices Countries

1 week, 4 days ago

Homeowners to pay 4.8% more in municipal taxes and levies next year

NL Times

Homeowners will pay an average of 4.8 percent, or 45 euros, more in municipal taxes and levies in 2025. Although the average increase of 4.8 percent seems limited, there will be significant outliers again next year, said VEH. The highest increase in the sample is, just like this year, in Renkum in Gelderland, where the property tax, the most decisive …

Tax Homeowners Increase Municipal Municipalities Veh

1 week, 5 days ago

Developers, investors commit to 100,000 new homes plan

Dutch News

Housing minister Mona Keijzer, housing corporations, developers and investors have signed an agreement aimed at speeding up the construction of new housing and meeting government targets of 100,000 new homes a year. Keijzer is continuing the previous government’s commitment to build 100,000 new homes a year, of which 66% will be affordable rentals or owner occupier properties with a price …

Housing Keijzer Homes Plan

1 week, 6 days ago

40% of housing construction projects halted by two-thirds affordable requirement

NL Times

The construction of 40 percent of new homes is currently at a standstill because of the government requirement that two-thirds of newly constructed homes must be affordable. The surveyed project developers told CBRE that 60 percent of stalled projects could be realized if the affordability requirement was scrapped. According to Taco van Hoek of the EIB, the government must create …

Homes Housing Construction Project Cbre Requirement Project Developers

2 weeks, 1 day ago

New figures show more than 15 per cent of homeless people have a job

ABC

Sabra Lane: The latest report card on homelessness has found numbers continue to grow. Stephanie Smail : That daily struggle is mirrored in the latest findings of the Australian Homelessness Monitor, which shows there's been a more than 30 per cent spike in the number of Australians aged over 65 who are homeless in the past six years. Stephanie Smail …

Housing Cent Crimmins Professor Pawson Stephanie Smail Smail Frances Crimmins

2 weeks, 5 days ago

New housing target missed again last year, CBS figures show

Dutch News

The total number of apartments and houses in the Netherlands grew by nearly 82,000 last year, down 20% on the government’s target, according to new figures from national statistics office CBS. Of them, 52,200 were properties for sale, 20,200 were rental homes owned by the private sector and 8,400 were built by housing corporations, which own most of the country’s …

Properties Private Rental Homes

2 weeks, 6 days ago

Social housing lags behind despite rising demand

NL Times

Dutch municipalities with low numbers of social housing units have failed to add significant numbers of new affordable homes in recent years, according to new data. The Central Bureau of Statistics revealed that between 2020 and 2023, only 51 of the 342 Dutch municipalities achieved the target of building at least 30 percent of new homes as social housing. In …

Homes Social Housing Dutch Social Housing Housing Corporations Affordable

2 weeks, 6 days ago

Affordable housing market set to touch Rs 67 trillion by 2030, supplies to cross 31 million units

New Indian Express

MUMBAI: The affordable housing market is slated to touch Rs 67 trillion, offering lenders a goldmine of Rs 44.6 trillion in funding opportunities by 2030 when over 31 million units will be deployed, says an industry report. According to realty consultancy firm Knight Frank, the existing shortage plus the upcoming demand for affordable housing segment is estimated to be 30.7 …

Housing Units Million Rs 67 Trillion 67 Trillion

3 weeks ago

Many councils are failing to meet the 30% social housing pledge

Dutch News

Housing corporations built no new property in 34 of the Netherlands’ 342 local council areas between 2020 and 2023, despite government commitments to increasing the supply of affordable housing, Trouw reported on Tuesday. In 108 council areas, housing corporations built just 10% or less of the new homes and in 34 they built none at all, even though they added …

Housing Netherlands Social Housing Housing Corporations

3 weeks, 2 days ago

Solutions: Harris promised 3 million new homes. States might actually make it happen

LA Times

Vice President Kamala Harris made a bold campaign promise: If elected president, she would get 3 million new homes built. Finally, when interest rates shot up as the Fed fought inflation, homeowners with historically low mortgage rates avoided selling their homes, leaving few homes for sale and many prospective buyers empty-handed. Economists believed Harris’ proposals — such as a large …

Policy Homes Housing States Prices Housing Policy California

3 weeks, 5 days ago

Housing construction costs and completion times have blown out – can this be fixed?

ABC

New data from the Australian Bureau of Statistics suggests that the Federal Government's 2020 HomeBuilder scheme helped to super charge demand for the construction sector, at a time when demand was already high with low interest rates. This, along with material and skills shortages, has helped to drive up construction costs, and ABS data shows that the time to complete …

4 weeks, 1 day ago

10 billion euro on rental home repairs, Aedes says

NL Times

Housing corporations in the Netherlands invested a record 10.5 billion euro in 2023 on maintenance, sustainability upgrades, and housing improvements, an increase of over 15 percent compared to the previous year, according to industry association Aedes. “With over 2.3 million homes, this amounts to a substantial sum.” Corporations are primarily financing their projects through loans, with 4.3 billion euro borrowed …

Homes Housing Housing Corporations 2023 Corporations Euro Aedes

1 month ago

Crest Nicholson to build fewer low-margin homes after profit hit

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Housebuilder Crest Nicholson is to …

Homes Crest Build Crest Nicholson

1 month ago

Inflated farmland prices blocking government from building enough homes

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Inflated prices for land are …

Homes Social Housing Land Prices Social Homes Hope Value

1 month ago

Zuid-Holland to spend another 20 million euros on accelerating housing construction

NL Times

The province of Zuid-Holland will spend an extra 20 million euros on increasing the speed of housing construction. This money will be taken from the reserves and added to the subsidy arrangements for the next two years at the request of a majority of the Provincial States. Because it usually takes years before a plan is realized, political parties GroenLinks-PvdA, …

Million Holland

1 month, 1 week ago

Third fewer housing construction permits issued in third quarter

NL Times

The number of housing construction permits issued in the third quarter of this year decreased dramatically compared to the second quarter. Municipalities issued permits for the construction of 12,400 homes in the third quarter, 6,500 less than in the second quarter, a decrease of 34 percent, Statistics Netherlands reported on Thursday. The number of housing construction permits was about 1,000 …

Homes Housing Number Quarter Cbs Third Quarter Permits

How much house prices are predicted to go up by across the UK

The Independent

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Here are Savills’ predictions for house price increases over the …

London Price House East House Prices Email Verifyerrors Savills

Dutch House Prices Soar 15% in Utrecht, Haarlem and Eindhoven

Dutch News

House prices in major Dutch cities rose between 10% and 15% in the third quarter of 2023 compared to the same period last year. Prices rose most significantly in Haarlem, Eindhoven and Utrecht, with some homes increasing by up to 15%. The shortage of homes to buy is likely to worsen in the short term, with just 8,800 new homes …

Law Finance Economy Housing Haarlem

Dutch House Prices Soar 15% in Utrecht, Haarlem and Eindhoven

Dutch News

House prices in major Dutch cities rose between 10% and 15% in the third quarter of 2023 compared to the same period last year. Prices rose most significantly in Haarlem, Eindhoven and Utrecht, with some properties seeing price increases of up to 15%. The shortage of homes to buy is likely to worsen in the short term, with just 8,800 …

Law Finance Real Estate Housing Haarlem

1 month, 3 weeks ago

What Rachel Reeves’s Budget really means for the housing market

The Independent

Rachel Reeves’s measures in the Budget will undoubtedly have an impact on homeowners, aspiring buyers and landlords – but there were probably fewer drastic changes than many people anticipated. In a move that directly targets landlords and wealthier homeowners, the chancellor confirmed that stamp duty for second homes will increase from 3 per cent to 5 per cent from 31 …

London Tax Budget Second Stamp Duty Landlords Second Homes

1 month, 3 weeks ago

Mortgage approvals jump but housing market on ‘tenterhooks’ ahead of Budget

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The number of mortgage approvals …

Budget Bank Mortgage Approvals Borrowing

2 months ago

Peter Dutton’s $5 billion plan for 500,000 new homes focussed on speeding up infrastructure delays, cutting red tape

ABC

Opposition Leader Peter Dutton has delivered a major new housing policy, promising to spend $5 billion speeding up funding for critical housing infrastructure — like sewerage, water and power. Announcing the Coalition's new housing policy at a greenfield housing site outside of Perth on Saturday, Opposition Leader Peter Dutton has maintained the Coalition isn't considering negative gearing either. Use it …

Homes Infrastructure Coalition Changes Housing Policy Cost Fund

2 months ago

New measures set to revive realty sector

China Daily

chinadaily.com.cn| Updated :2024-10-18 China has rolled out new policy measures to rejuvenate the shaky property sector, with expanded funding for troubled property developers and renovation of an additional 1 million homes high on the agenda. Ni Hong, minister of housing and urban-rural development, said on Thursday that the Chinese real estate market has seen broad-based stability since October, particularly in …

China Housing Projects White List Chinese Wang

2 months ago

China unveils new measures to stabilize housing market

China Daily

A property project under construction in Beijing. BEIJING -- Chinese officials announced new measures on Thursday to cement signs of stabilization in the property sector, after a bundle of pro-housing policies rolled out last month brought about "positive changes in the market." Under the "white list" mechanism launched in January, local authorities are recommending that financial institutions provide financial support …

China Housing Property Projects

2 months ago

UK homeowners ‘sitting on £80,000 in property value gains on average’

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Homeowners who have purchased their …

Property House Prices Zoopla Homeowners Sitting Gains

2 months, 1 week ago

Los Angeles’ $22-billion homelessness problem gives leaders a choice: Double down or change strategies

LA Times

City of Los Angeles officials are finally confronting a question that has seemed too big to answer: How much would it actually cost to get every person living on the street today indoors and make sure that no one languished there for years again? “In other ways, it doesn’t seem that eye-popping to me for the scale of the problem.” …

Housing Construction City Homeless Homelessness Report Los Angeles

2 months, 1 week ago

No housebuilders believe Starmer will hit target of building 1.5m homes

The Telegraph

Almost no housebuilders believe Sir Keir Starmer will reach his target of building 1.5m homes in the next five years, a new survey has found. Just 2pc of housebuilders are confident of the sector’s ability to meet the Government’s pledge to deliver at least 300,000 homes per year, according to findings from Knight Frank’s upcoming land index and housebuilder survey. …

Knight Frank

2 months, 2 weeks ago

House prices are rising across the UK for the first time in two years

The Independent

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ /verifyErrors }} House prices are …

Property Email House Prices Square Foot Zoopla Rics

2 months, 2 weeks ago

Action to help families ‘right size’ would boost housing supply – Barclays

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy An estimated 3.8 million homes …

Housing Local Authorities Right Help Free Size Barclays

2 months, 2 weeks ago

Costs, labour shortages, and competition drive a decline in housing development

ABC

High construction costs and labour shortages is causing approvals for new dwellings to fall across Australia, according to housing experts. "Construction costs have risen by more than 30 per cent over the past four to five years, so that in itself has really compressed profit margins," he said. The data showed approvals for detached homes have risen by 0.5 per …

Homes Social Housing Development Construction Social Housing Costs

2 months, 2 weeks ago

Construction firms report fastest growth in two years as recovery gathers pace

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Tim Moore, economics director at S&P Global Market Intelligence, …

Growth Construction Sign

2 months, 3 weeks ago

Anthony Albanese's housing plan is falling apart as an immigration slowdown fails to solve the affordability crisis

Daily Mail

Anthony Albanese's plan to build 1.2million homes over five years is looking even shakier with building approval numbers now 30 per cent below what's needed. Anthony Albanese 's plan to build 1.2million homes over five years is looking even shakier with building approval numbers 30 per cent below what's needed House price growth over the year SYDNEY: Up 4.9 per …

Labor Homes Growth Immigration Housing Market Plan

54 years, 11 months ago

Housing crisis: How Kamala Harris, Democrats plan to increase homebuilding and affordable housing.

Slate

For the first time in memory, Democrats are running a national campaign with a focus on building more housing. “It’s no longer a controversial proposition anywhere in the country to say that we need more housing, it’s urgent, and the government should stop making it so damn hard to build.” Headlines about the Harris plan have been dominated by the …

Homes New York Housing Crisis Washington State Harris Billion

3 months, 1 week ago

Government unaware of size of social housing spend, with some projects set to take years

ABC

The federal government does not know how much it is spending on the thousands of social and affordable homes green-lit by its housing agency, with most funding likely to be years away. A Monday announcement that 13,700 new homes would be supported through the government's flagship Housing Australia Future Fund was made before grants were finalised and, in some cases, …

Homes Social Housing Australia Funding Projects Fund

3 months, 1 week ago

Councils warn of ‘devastating’ London homelessness and housing crisis

The Independent

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. London Councils forecasts this will help drive boroughs’ collective budget shortfall across all services …

London Accommodation Housing Services Social Housing Local Homeless

3 months, 2 weeks ago

L.A.’s ‘mansion tax’ has collected $375 million. Where is the money going?

LA Times

Nearly two years ago, voters in Los Angeles approved Measure ULA, increasing taxes on the sale of multimillion-dollar properties with the aim of raising hundreds of millions of dollars each year to help address the city’s housing crisis. The amount is short of the $600 million to $1.1 billion per year that backers expected but still enough to provide major …

Housing Tax Million Measure Approved Ula Programs

3 months, 3 weeks ago

Evolving housing needs unlock fresh prospects for China's property revival

China Daily

Xinhua | Updated: 2024-08-30 13:42 Residential buildings pictured in Changsha, Central China's Hunan province on May 9, 2021. BEIJING -- As China's property market transitions to a new development stage, a fresh vision for homes centered on comfort, sustainability and cutting-edge design emerges, driven by consumer expectations and policy initiatives. In a recent press conference, Ni Hong, minister of housing …

Homes China Property Urban Good Housing Housing Development

3 months, 3 weeks ago

Evolving housing needs unlock fresh prospects for China's property revival

China Daily

Residential buildings pictured in Changsha, Central China's Hunan province on May 9, 2021. BEIJING -- As China's property market transitions to a new development stage, a fresh vision for homes centered on comfort, sustainability and cutting-edge design emerges, driven by consumer expectations and policy initiatives. In a recent press conference, Ni Hong, minister of housing and urban-rural development, highlighted good …

Homes China Housing Property Urban Good Housing

4 months ago

Residential Real Estate Expected to Witness Growth FY25

The Hindu

Residential real estate growth in the top 7 cities is expected to increase by 10 to 12% with the areas sold to 785-800 million square feet in FY 2025 on an upscale base of FY 2024. As per the ICRA Report on Residential Real Estate Growth Projections: On August 7 credit rating agency ICRA Limited said in its report that …

Sales Residential Real Estate Demand Estate Real Residential Tier Ii

4 months, 2 weeks ago

‘Time for half-measures has passed’ say housing leaders amid record homelessness

The Independent

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. But to do that, the Government should “create a substantial capital fund to enable …

Accommodation Homelessness Temporary Temporary Accommodation Ms Rayner Councils Local Housing

4 months, 3 weeks ago

Sidelined? No – Angela Rayner’s ambitious housing plan may be the making of her

The Independent

Definitely not sidelined at all, deputy prime minister Angela Rayner was allowed to deliver a very important statement and introduce a major piece of legislation on the last day before the House of Commons broke up for its summer recess. Rayner said her task was “urgent” and that the record numbers of people in temporary accommodation was “unforgivable”, but she …

London Labour Reeves Target Badenoch Tory Rayner

4 months, 3 weeks ago

Rayner unveils overhaul of planning system in drive for 1.5 million homes

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Angela Rayner has announced an …

London Homes Housing Planning New Housing Local Local Authorities

5 months ago

Affordable housing thrust a big boost for the home finance sector

The Hindu

The Indian real estate sector has been experiencing a significant boom in recent quarters, driven by factors such as rapid urbanisation, policy reforms, increase in disposable income and a continuous growth in consumer sentiments. This also sends a strong message of the continued focus and thrust on driving the growth of affordable housing in the country, consistent with the Union …

Finance Housing Budget Sector Msme

5 months ago

Budget: FM announces ₹10 lakh crore for urban housing scheme

Hindustan Times

New Delhi: A transit-oriented development framework for 14 large Indian cities, dormitory-type rental housing for industrial workers, and 10 million new houses for the urban poor were announced by Union finance minister Nirmala Sitharaman in her budget speech on Tuesday. Finance minister Nirmala Sitharaman presented the Union Budget 2024 on Tuesday In her record seventh budget presentation and the first …

Housing Development Urban Cities Metro Crore Sitharaman

5 months ago

Budget 2024: Focus on digitisation of land records, Urban development gets a leg up

Hindustan Times

Urban development is one of the nine priorities outlined by the Finance Minister Nirmala Sitharaman in her speech on July 23. Urban development proposals The finance minister in her seventh straight budget said that three crore additional houses under the Pradhan Mantri Awas Yojana in rural and urban areas in the country have been announced, for which the necessary allocations …

Finance India Housing Development Urban Development Budget Urban

5 months ago

Union Budget 2024: From farming, skilling to infrastructure, Sitharaman lists out nine priorities of Modi 3.0

India TV News

Union Finance Minister Nirmala Sitharaman on Tuesday listed the 7 priorities of the government in Budget 2024-25. Here are the government's seven priorities in the Union Budget 2024-25: Priority 1 in Budget -Productivity and Resilience in Agri Raising Productivity and Climate Resilient Varieties Thrust on Natural Farming: 2 crore farmers to be supported in next 2 years Atma Nirbharta in …

Support Development Urban Month Crore Lakh Sitharaman

5 months ago

Budget 2024: 5 Things the real estate sector looks forward to from the finance minister

Hindustan Times

Budget 2024 will be presented by Finance Minister Nirmala Sitharaman today and the real estate sector hopes that the government will focus on affordable and middle income housing in the Budget. The real estate sector hopes that the government will push for affordable and middle income housing in Budget 2024. The government should raise the deduction limit for interest payment …

Finance India Tax Land Estate Real Lakh

5 months ago

Cheap, sustainable homes must amid demand boom: Eco Survey

Hindustan Times

New Delhi: The 2023-24 Economic Survey, tabled in Parliament on Monday, called for adaptive strategies and policies to provide cost-effective and sustainable housing. The survey said the real estate sector witnessed “a robust recovery” post-pandemic, with the sale of residential real estate in 2023 recording a 33% year-on-year growth, the highest since 2013. The strong desire for home ownership was …

India Urban Cities Survey Eco

5 months ago

Economic Survey calls for adaptive strategy, policies for cost-effective housing

Hindustan Times

The 2023-24 Economic Survey tabled in Parliament on Monday has called for adaptive strategy and policies to provide cost-effective and sustainable housing, particularly in the rental space. It noted the demand for affordable housing will increase as the United Nations has said more than half of India’s population was projected to reside in urban areas by 2050 compared to 31% …

India Housing Urban Cities Economic Urban Areas Survey

5 months ago

Budget 2024: Credai’s wish list for the FM includes tax sops for buyers, affordable housing incentives for builders

Hindustan Times

Real estate developers body, the Confederation of Real Estate Developers Associations of India, in its wish list for Budget 2024, has said that the government should consider allowing unlimited interest deductions for the first self-occupied property or increasing the deduction limit to ₹5 lakh from ₹2 lakh for homebuyers. Budget 2024: Credai in its wish list for the FM has …

India Housing Budget Interest 2024 Estate Real

€1 billion pushed into stimulating housing construction may have achieved little

History of this topic

Budget 2024: Huge funds injection promises billions to build homes quicker - here are the Aussies most likely to benefit

Next gov't needs to invest billions into home construction, Interior Min. said

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