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15.11.26 - 19:39
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A Dark Storm Is Gathering Over The Housing Market (ZeroHedge)
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A Dark Storm Is Gathering Over The Housing Market
Submitted by QTR's Fringe FinanceI've been warning about the continued risks surrounding AI steadily since August, and I continue to believe we're going to see more bad news from the sector that has driven the bull market of the last few years. I also think more bad news is coming for Nvidia and I've also warned about crypto, and the shaky price action we saw this weekend reinforces my view that more volatility and downside could be ahead.I know, it's a downer for a Sunday morning. And spoiler alert: today's column isn't going to be bright and cheery, either. Hey…if I have to suffer on Sundays as an Eagles fan this year, I'm insisting you must suffer, too.But in all seriousness, today I'm going to focus on a concern I've had dating back for the last year or so in an area that isn't talked about much, but where a deluge of newly released data is giving cause for some nascent concern: housing.Financial stress doesn't necessaril...
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15.11.26 - 13:18
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Is Burnham′s plan for a housing revolution anything more than a pipedream? | John Harris (The Guardian)
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Nearly 2 million children are housed in dire conditions, anxious families are living out of carrier bags. There's little sign of the hope our PM promisedTwo days after the Christmas of 2024, Andy Burnham put up a post on X that linked to a piece about housing in the Guardian. The then mayor of Greater Manchester, who was beginning to find his voice as a frank critic of Keir Starmer's new government, did not mess about: “The Government should make building hundreds of thousands of council homes its defining purpose,” he said. “No other policy, achievable within a parliament, would have greater social and economic benefits.”In his first Labour conference speech as party leader and prime minister, Burnham reprised much the same argument, promising “the biggest council housebuilding programme since the postwar era”. But by that point, he had also served notice that his commitment to a thoroughgoing council house revival might not be quite as cast iron as it seemed. The previous month, having ins...
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15.11.26 - 08:00
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Dubai, Abu Dhabi property markets could gain if Trump′s midterm losses help end Iran war (SCMP)
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The United Arab Emirates, a favoured destination for foreign property investment, could see support for housing demand and prices if heavy midterm losses for US President Donald Trump's Republican Party help bring an end to the Iran war, analysts said, adding that housing markets across the wider Middle East could also benefit.
Property demand in Abu Dhabi and Dubai, the two largest emirates in the UAE, cooled in recent months, according to data tracked by JLL, following the US-Israel war on......
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14.11.26 - 16:00
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Property seller takes Rs 5.22 lakh cash, faces tax penalty; why ITAT gave relief (Times of India)
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The Income Tax Assessing Officer (AO) in Berhampur received information from the property registrar's office in Jharsuguda that the man had sold a property and collected Rs 5.22 lakh in cash as part of the payment. The registered sale deed also mentioned the cash component. Following this information, the AO issued the man a notice under Section 269SS of the Income Tax Act and levied a penalty under Section 271DA....
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13.11.26 - 23:36
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US is Struggling to Build Affordable Housing (Bloomberg)
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America's housing affordability crisis may be about more than high mortgage rates and restrictive zoning. Boston Fed Principal Economist and Policy Advisor Paul Willen says soaring construction costs are making many new housing projects financially unworkable, even after they've already won approval. He points to research showing construction productivity has barely improved in decades, even as productivity across much of the rest of the economy has surged. (Source: Bloomberg)...
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