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26.05.26 - 21:33
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NYC Mayor Mamdani′s Housing Plan Sparks Property-Rights Alarm Over Forced Transfers To Nonprofits (ZeroHedge)
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NYC Mayor Mamdani's Housing Plan Sparks Property-Rights Alarm Over Forced Transfers To Nonprofits
Mamdani Releases "Block by Block: The Housing Plan for A New Era"
NYC socialist Mayor Zohran Mamdani released "Block by Block: The Housing Plan for a New Era," which presents a sweeping, deeply troubling blueprint to tackle the metro area's deepening housing crisis.
Mamdani told the crowd:
When necessary, we will take aggressive legal action to remove negligent owners and property managers. And for buildings that have suffered chronic neglect, we work to transfer ownership to responsible stewards. Stewards include community land trusts, nonprofits, or even the tenants themselves.
IT BEGINS…
NYC Mayor Zohran Mamdani unveils plan to "transfer ownership" from landlords to "the community" pic.twitter.com/uybGFPk5eD
— End Wokeness (@EndWokeness) May 26, 2026
X user Difficult Froyo outlined what he described as the obvious playbook by the socialist mayor...
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26.05.26 - 16:06
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Over Half Of America′s Largest Cities Are Seeing Home Price Declines (ZeroHedge)
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Over Half Of America's Largest Cities Are Seeing Home Price Declines
After declining MoM for the first time since June 2025 in February, US home prices in America's 20 largest cities were expected to dip again in March (according to the latest data from S&P Cotality Case-Shiller) and they did, dropping 0.16% MoM (worse than the 0.10% MoM drop expected) leaving prices up just 0.83% YoY...
Source: Bloomberg
That is the weakest annual appreciation since July 2023.
"More than half of the 20 major U.S. housing markets recorded year-over-year price declines in March, reflecting a broadening and deepening housing slowdown," said Nicholas Godec, CFA, CAIA, CIPM, Head of Fixed Income Tradables & Commodities at S&P Dow Jones Indices.
The trend is clear across almost every city...
And the two-year chart looks particularly ugly...
"The geographic divergence remains stark," Godec continued.
"Midwest and Northeast markets are sustaining modest growth, while much of the Sun Belt an...
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26.05.26 - 07:24
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Pressure Builds for Albanese Over Housing Tax Overhaul (Bloomberg)
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Australian Prime Minister Anthony Albanese is facing mounting public and political pressure following last week's federal budget, which included proposed changes to negative gearing and the capital gains tax (CGT) discount. Policy Institute of Australia CEO Amy Auster warns the tax changes could fail to address the core issue of housing supply. She spoke on "Bloomberg: The Asia Trade." (Source: Bloomberg)...
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26.05.26 - 05:06
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China′s student housing, offices top property investment options amid pricing slump (SCMP)
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Student housing is tipped to be a top choice among investors in mainland China's property market as demand continues to outstrip the supply for suitable accommodation for university students, according to analysts.
Interest in investment in the student housing segment particularly on the mainland, Hong Kong and Australia has risen, according to property consultancy CBRE.
“Much of this increase is being driven by mainland China, which has seen a surge in interest this year on the back of steady......
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