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19.08.25 - 18:42
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How would potential new property tax differ from stamp duty and council tax system? (The Guardian)
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Treasury officials consider shake-up that could see tax paid by sellers of homes worth more than £500,000UK politics live – latest updatesThe government is considering a new national property tax as the first step towards a radical shake-up of stamp duty and council tax.The discussions taking place at the Treasury – revealed by the Guardian on Monday – have already prompted much debate and, perhaps inevitably, led to an outcry in some quarters. Here we consider how the current system works and how it could change. Continue reading......
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19.08.25 - 15:01
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US Housing Starts Climb to Five-Month High in July (Bloomberg)
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Housing starts in the US increased 5.2% last month to an annualized rate of 1.43 million homes, a five-month high, led by a further pickup in the construction of multifamily projects. Michael McKee reports on Bloomberg Television. (Source: Bloomberg)...
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19.08.25 - 09:18
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USA: Immobilienmarkt-Daten rücken FED-Politik in den Fokus (Anleihencheck)
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Hannover (www.anleihencheck.de) - Das Zusammentreffen des US-Präsidenten mit Präsident Selenskyj und mehreren europäischen Staatschefs in Washington werden die Märkte heute vor allem im Hinblick auf die geopolitischen Implikationen erstmal verarbeiten müssen, so die Analysten der NORD/LB in ihrer aktuellen Ausgabe von "NORD/LB am Morgen". [mehr]...
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19.08.25 - 08:54
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SoftBank invests $2bn in Intel; proposed new UK property tax ′could cut cost of buying expensive homes′ - business live (The Guardian)
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Washington reportedly considering 10% stake in US chipmakerGood morning, and welcome to our rolling coverage of business, the financial markets and the world economy.Japan's SoftBank has agreed to invest $2bn (£xbn) in Intel, the struggling US chip company, while the Trump administration is reportedly considering a 10% stake in the business by converting Chips Act subsidies into equity. That would make Washington Intel's largest shareholder.Semiconductors are the foundation of every industry. For more than 50 years, Intel has been a trusted leader in innovation. This strategic investment reflects our belief that advanced semiconductor manufacturing and supply will further expand in the United States, with Intel playing a critical role. Continue reading......
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19.08.25 - 05:36
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Hong Kong prime property sees 14% price drop: Knight Frank (SCMP)
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Prime residential prices are cooling globally, with Hong Kong performing the worst, according to the latest study by Knight Frank.
In a survey of 46 cities worldwide, Hong Kong ranked last with a 14.3 per cent decline in prices in the second quarter compared with the same period last year. On a quarterly basis, the city again took the bottom spot with an 11.7 per cent drop.
Average annual growth in housing prices across the nearly four dozen cities slowed to 2.3 per cent in the June quarter,......
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19.08.25 - 02:54
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ADU Fever: Inside The Backyard Housing Boom In California (ZeroHedge)
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ADU Fever: Inside The Backyard Housing Boom In California
Authored by Beige Luciano-Adams via The Epoch Times (emphasis ours),
For Sam Andreano, rental income from a detached accessory dwelling unit (ADU) in his backyard initially helped offset mortgage payments, and later provided a place for his son to land.
“[I] started out as just a regular homeowner,” said Andreano, a resident of Dana Point, Orange County, who began converting his detached garage into an ADU in 2019.
Researching and permitting took a few months, and total build-time was around eight months. He financed it with cash and a refinance. The entire investment, including all labor, materials, city and associated fees, came out to $165,000, and he rented the one-bedroom unit for $2,500 a month.
Now he's working on a two-story ADU project that he intends to sell as a four-plex.
Amid soaring home prices and a housing crisis—which California leads, by some estimates, with a deficit of more than a million homes—accessory dw...
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