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08.06.26 - 08:24
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OMNIYAT Chairman: UAE′s Property Market Resilient (Bloomberg)
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Regional tensions have cast a shadow over the UAE's once-booming property market & raised questions about demand, pricing and investor confidence. However, Mahdi Amjad, OMNIYAT Group Executive Chairman and Founder told Bloomberg's Abeer Abu Omar on Horizons Middle East and Africa the UAE property market remains resilient.
(Source: Bloomberg)...
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07.06.26 - 20:00
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Choose One: Housing Is Shelter, Or Housing Is Just Another Asset In A Bubble Economy (ZeroHedge)
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Choose One: Housing Is Shelter, Or Housing Is Just Another Asset In A Bubble Economy
Authored by Charles Hugh Smith via Of Two Minds,
This will get massive pushback because it's true: either Housing Is Shelter, or Housing Is Just Another Asset in a Bubble Economy - it can't be both. This reality gets pushback because the conversion of housing from shelter into just another asset bubbling higher in a bubble-dependent economy has been so profitable for those inflating the bubble.
The basic pushback goes like this: housing has always been an investment, nothing has changed. This is classic misdirection. This is like saying "stock market options have always been a way to hedge positions" to justify the transition from hedging to extremes of gambling, i.e. zero-day expiration options (ODTE).
Whenever I suggest that housing is being hoarded by the wealthy and corporations as a low-risk asset to park credit-generated capital, I get pushback: no, I'm told, the percentage of housing that's empty mo...
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07.06.26 - 17:54
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US mortgage rates ease to 6.48%, slips from from nine-month high (Times of India)
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The average rate for a 30-year fixed mortgage eased to 6.48% last week, offering slight relief to homebuyers. This decline follows a recent climb to a nine-month high, influenced by inflation concerns and elevated oil prices. Despite the dip, rates remain higher than earlier this year, continuing to impact the challenging housing market....
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07.06.26 - 17:48
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Americans′ Average Monthly Mortgage Payment Tops $2000 For The First Time Ever (ZeroHedge)
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Americans' Average Monthly Mortgage Payment Tops $2000 For The First Time Ever
Authored by Michael Snyder via The Economic Collapse blog,
U.S. households are being financially squeezed at a level that we have never seen before. I have often said that we are in a long-term cost of living crisis that never seems to end, and that is not an exaggeration at all. Just about everything has been getting more expensive in recent years, and as a result our standard of living has been going down. In many areas of the country, you now have to earn six figures just to live a basic middle class lifestyle. The numbers that I am going to share with you in this article may be hard to believe, but they are very real. Inflation has been out of control for many years, and hard working American families are being absolutely crushed.
For the first time in U.S. history, the average monthly mortgage payment now exceeds $2,000…
Homeowners faced a sticker shock at the end of 2025 as the average monthly mortgage pay...
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07.06.26 - 11:18
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Social housing lists ′would take 119 years to clear at current building rate′ (The Guardian)
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Research shows generations of children in England will grow up homeless unless government addresses council housing debt, charity saysIt would take more than a century to clear the social housing waiting lists in England at the government's current speed of delivering new social homes, research by Shelter has shown.The housing charity found that more than 1.3m households are on a waiting list for a social home, but only 12,198 were built by councils, housing associations or private developers across England last year. This equates to an average of 110 households waiting for every new social home delivered, and it would take 119 years to clear the waiting lists if building continued at the same rate. Continue reading......
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07.06.26 - 03:36
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′It′s the wealth effect′: Hong Kong luxury malls thrive amid IPO gains, housing recovery (SCMP)
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Hong Kong's new status as the world's top cross-border wealth hub, overtaking Switzerland, alongside a recovering local housing market and strong initial public offerings (IPOs), is translating into a boom for high-end malls, with landlords enjoying improved revenues and rents.
Hard luxury and jewellery segments have posted consecutive months of robust growth, though the era of traditional high-street dominance has ended. Industry experts said the market was increasingly defined by targeted......
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05.06.26 - 23:24
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Coinbase To Launch Token-Backed Mortgage Down-Payments This Summer (ZeroHedge)
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Coinbase To Launch Token-Backed Mortgage Down-Payments This Summer
Authored by Turner Wright via CoinTelegraph.com,
Cryptocurrency exchange Coinbase will allow qualified borrowers to pledge digital assets to fund Fannie Mae-backed mortgage apartments beginning this summer.
In a Thursday notice, Coinbase and its partner, Better Home & Finance, said the mortgage structure plan launching “by summer 2026” will allow borrowers to initially use Bitcoin (BTC) or USDC (USDC) as collateral for loans to fund down payments for homes. The initiative, first announced in March, represented a significant shift in companies allowing digital assets to be used for financing houses.
“We're excited to expand access to all qualified borrowers to fix an ongoing issue: buyers who qualify on every measure that matters but cannot clear the down payment hurdle because their wealth isn't where the system expects to find it,” said Better founder and CEO Vishal Garg.
Garg said in a March post on X:
“Thi...
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05.06.26 - 15:24
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What National Audit Office report reveals about royals′ property affairs (The Guardian)
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King footing bill for Beatrice and Eugenie, and Duke and Duchess of Edinburgh subletting among findingsA report that revealed Andrew Mountbatten-Windsor received undisclosed private income from subletting three cottages on his Royal Lodge estate in Windsor while paying a peppercorn rent to the crown estate also shines a spotlight on the property arrangements of other members of the royal family.The National Audit Office findings include the revelation that King Charles foots the bill for Princess Beatrice and Princess Eugenie's accommodation in royal palaces, despite both being “non-working royals” (in that they don't carry out royal duties), and that the Duke and Duchess of Edinburgh also benefited from subletting their crown estate property. Continue reading......
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