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22.11.25 - 11:18
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Mortgage lenders say house buying at risk from surveyor ′down valuing′ (The Guardian)
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London and the south-east said to be worst affected, with valuations often coming in at 10% below the agreed sale priceAn increase in property down valuations, with some homes being marked down by 10% or more by surveyors, is “turning deals and lives upside down,” mortgage experts claim.Some believe that uncertainty around the contents of the budget may be fuelling a rise in surveyors taking a cautious stance and valuing properties at less than the agreed price. Continue reading......
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22.11.25 - 01:00
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REITs′ index inclusion in works, says Sebi chairman (Times of India)
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Sebi is exploring measures to boost liquidity for Real Estate Investment Trusts (REITs), including discussions to include them in market indices. The regulator is also examining proposals to broaden investment options for REITs and InvITs, while enhancing investor protection and facilitating greater institutional participation....
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21.11.25 - 16:57
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Swalwell Announces Run For California Governor Amid Probe Into Alleged Mortgage Fraud (ZeroHedge)
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Swalwell Announces Run For California Governor Amid Probe Into Alleged Mortgage Fraud
Rep. Eric Swalwell (D-CA) announced Thursday night that he will run for California governor in 2026, joining an already-packed field of Democratic candidates vying to replace Gov. Gavin Newsom when his term ends.
California Rep. Eric Swalwell speaks during a House Judiciary Committee in September. | Win McNamee/Getty Images
Appearing on "Jimmy Kimmel Live!", Swalwell - a seven-term member of Congress and key figure behind the congressional push to impeach President Donald Trump during his first term, said that Trump is "not going to like this show," before slamming the president and his administration for several minutes.
"What are we going to do? How do you stop this?" asked Kimmel.
"I'll tell you what I'm going to do. I love California ... that's why it pisses me off to see Californians running through the fields where they work from ICE agents, or troops in our stre...
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21.11.25 - 06:12
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China Prepares New Property Stimulus Package As Housing Crisis Enters Year Six (ZeroHedge)
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China Prepares New Property Stimulus Package As Housing Crisis Enters Year Six
The global stimmy train is about to leave the station.
With Japan - which is now in recession - set to announce a massive (for its GDP) $150BN fiscal stimulus any second, it's (increasingly belligerent) neighbor to the west is also about to make it rain.
China is considering new measures to turn around its zombified property market, about to enter its 6th year of contraction, as concerns mount that a further weakening of the sector will threaten to destabilize its financial system, Bloomberg reports
Policymakers including the housing ministry are considering a slew of options, such as providing new homebuyers mortgage subsidies for the first time nationwide. Other measures being floated include raising income tax rebates for mortgage borrowers and lowering home transaction costs. In the end, however, China will just do what every economy does when it is scrambling to kickstart demand: it will hand out chec...
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20.11.25 - 23:42
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Chicago Homeowners Demand Answers As Property Taxes Spike (ZeroHedge)
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Chicago Homeowners Demand Answers As Property Taxes Spike
Chicago homeowners are demanding answers as property taxes rise without visible improvements, according to Fox News. In Lawndale on Chicago's West Side, residents told ABC7 Chicago they're paying more but seeing little change. Community leaders and the Lawndale Christian Development Corporation held a “property tax bonfire” to voice frustrations.
Resident Milton Clayton said, "There's been a divestment in this community for the most part, but it seems like now that people have found an interest in reclaiming the neighborhood, now it's like we're being taxed for prosperity."
Fox News writes that another resident, Thomas Worthy, said his bill rose by $977 and added, "The tax increase is tied to a TIF that I have no idea why… It's collecting money from our neighbors and our streets, but we're not being notified for why it's in the bill."
He also said, "We understand utilities are going up… but it's...
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