|
|
|
|
|
|
|
20.08.25 - 21:18
|
Reeves leaves no stone unturned as she mulls reforms for property tax (The Guardian)
|
|
|
Chancellor and prime minister are latest in a long line of politicians who have tried to squeeze more out of UK property Rachel Reeves is in favour of radical tax reform – or at least she was in 2018. “We need a radical overhaul of the tax system because our current system of wealth taxation isn't working,” she argued in her pamphlet The Everyday Economy.Seven years later, in her second year as chancellor, Reeves appears to be returning to some of the themes in that pamphlet, especially as it relates to the UK's convoluted and unpopular system of taxing property. Continue reading......
|
|
|
|
|
|
|
|
|
20.08.25 - 18:42
|
Buffett′s Homebuilder Bet: A Bold Move or a Major Misstep? (24/7 Wall St.)
|
|
|
The Oracle's of Omaha's Surprising Reveal Investors worldwide hang on every utterance from Warren Buffett,. His annual shareholder letters are dissected for wisdom, and his quarterly SEC 13F filings trigger market speculation. When Berkshire Hathaway's (NYSE:BRK-A)(NYSE:BRK-B) latest filing revealed new stakes in a trio of homebuilders echoing his foray into the space in 2023, many […]
The post Buffett's Homebuilder Bet: A Bold Move or a Major Misstep? appeared first on 24/7 Wall St.....
|
|
|
|
|
|
|
|
|
|
|
|
|
20.08.25 - 16:42
|
Trump Demands Fed Governor "Must Resign Now" Amid Mortgage Fraud Probe (ZeroHedge)
|
|
|
Trump Demands Fed Governor "Must Resign Now" Amid Mortgage Fraud Probe
The director of the Federal Housing Finance Agency is urging Attorney General Pam Bondi to investigate Federal Reserve Governor Lisa Cook over a pair of mortgages, the latest in a series of moves by the Trump administration to increase legal scrutiny of Democratic figures and appointees.
FHFA Director Bill Pulte wrote a letter to Bondi and DOJ official Ed Martin on Aug. 15 suggesting that Cook may have committed a criminal offense. The letter alleges that Cook “falsified bank documents and property records to acquire more favorable loan terms, potentially committing mortgage fraud under the criminal statute.”
Bloomberg reports that Pulte said Cook took a mortgage on a property in Ann Arbor, Michigan, signing a mortgage agreement that stipulated she would use the property as her primary residence for at least a year.
Two weeks later, according to the letter, she took another mortgage on a Georgia property...
|
|
|
20.08.25 - 16:42
|
Housing Market Cracks Widen: Top Siding Company Suffers Worst Stock Collapse In 50 Years (ZeroHedge)
|
|
|
Housing Market Cracks Widen: Top Siding Company Suffers Worst Stock Collapse In 50 Years
James Hardie Industries - the world's largest producer of fiber cement products, headquartered in Ireland and dual-listed in Sydney and New York - issued a grim housing outlook that sent its Sydney shares plunging the most in 50 years. The warning underscores deepening cracks emerging in the U.S. housing market under the continued weight of elevated interest rates. President Trump issued a new warning overnight about those rates "hurting" the housing industry.
James Hardie generates about 70% of its revenue from North America. Its flagship product, HardiePlank, is widely used in residential housing as an alternative to wood or vinyl siding. That makes the company's earnings reports closely watched, given its heavy exposure to the U.S. housing market.
Its first-quarter results missed Wall Street expectations, highlighting ongoing uncertainty in the housing market. Quarterly profit dropped to...
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Börsentreff auf Facebook |
Börsentreff auf X |
Börsentreff auf Instagram
