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24.08.26 - 20:00
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Reform would evict social housing tenants over unkempt gardens (The Guardian)
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Plan part of a wider policy to remove foreign nationals from social homes and prioritise young British-born couplesSocial housing tenants will be evicted if they fail to keep their gardens well maintained under a Reform UK government, the party has announced.Lee Anderson, the party's chair, said that if Reform came to power it would insist that those in social rented homes would be required to keep their properties decorated and gardens looked after. Continue reading......
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24.08.26 - 14:24
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Kerry Properties targets Hong Kong sites, eyes luxury market as mainland growth slumps (SCMP)
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Kerry Properties is targeting Hong Kong residential land sales and will consider recycling capital from existing assets, betting on a tighter local housing supply even as China's property downturn weighs on its mainland business.
The developer said it acquired three residential sites in Hong Kong in the first half, equal to about 235,000 sq ft of gross floor area, and that it would remain active in government land tenders.
“If you look at the government land auctions and MTR land tenders in the......
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24.08.26 - 07:54
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Kerry Properties Earnings Up In H1 (AFX)
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HONG KONG (dpa-AFX) - Kerry Properties Ltd. (0683.HK), a property development and investment company, on Monday reported higher net income despite a decline in revenue in the first half of 2026 co......
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24.08.26 - 06:54
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Evergrande Founder Gets Life But Homebuyers, Suppliers Bear The Costs Of China′s Property Collapse (ZeroHedge)
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Evergrande Founder Gets Life But Homebuyers, Suppliers Bear The Costs Of China's Property Collapse
Authored by Michael Zhuang via The Epoch Times,
The sentencing of China Evergrande founder Hui Ka Yan to life in prison has brought a legal reckoning for one of the country's most spectacular corporate collapses. However, for hundreds of thousands of homebuyers, investors, and other creditors, the ruling does little to resolve the financial losses left behind by the property giant.
Xu Jiayin, also known as Hui Ka Yan, founder of property developer Evergrande, appears for sentencing at the Shenzhen Intermediate People's Court in Shenzhen, China, on Aug. 20, 2026. Shenzhen Intermediate People's Court /Xinhua via AP
Hui, the founder and former chairman of China Evergrande Group, was sentenced on Aug. 20 after being convicted of crimes including fundraising fraud and embezzlement. His personal assets were confiscated, while Evergrande and its property subsidiary were fined a combined 15.82 billio...
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23.08.26 - 05:00
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Exodus from New Territories brownfield relieves pressure on industrial property market (SCMP)
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For years, brownfield sites in Hong Kong's New Territories have hosted a range of businesses looking for cheap space – from storage depots to recycling centres to scrapyards.
Now, the massive Northern Metropolis project is forcing many of these brownfield tenants to relocate, lifting demand for floor space in industrial estates across the city.
The wave of relocations had driven nearly 20 per cent of the new leases for industrial properties recorded so far this year, a major uplift that has......
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22.08.26 - 23:06
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Waste Of The Day: Millionaire Mortgages (ZeroHedge)
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Waste Of The Day: Millionaire Mortgages
Authored by Jeremy Portnoy via RealClearInvestigations,
The Department of Agriculture's Section 502 loan programs help low-income families buy homes with mortgages that don't require a down payment. But in 2013, an investigation by Reuters found dozens of millionaires took advantage to purchase vacation and rental homes.
Though the millionaires later repaid their loans, the program as a whole covered $500 million in losses from defaults in 2013, or $715 million in today's money.
That's according to the "Wastebook" reporting published by the late U.S. Senator Dr. Tom Coburn. For years, these reports shined a white-hot spotlight on federal frauds and taxpayer abuses.
Coburn, the legendary U.S. Senator from Oklahoma, earned the nickname "Dr. No" by stopping thousands of pork-barrel projects using the Senate rules. Projects that he couldn't stop, Coburn included in his oversight reports.
Coburn's Wastebook 2013 included 100 examples of outrageous spend...
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