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06.12.25 - 20:18
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Generational Betrayal: HUD Reveals Biden Gave Illegal Aliens FHA-Backed Mortgages (ZeroHedge)
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Generational Betrayal: HUD Reveals Biden Gave Illegal Aliens FHA-Backed Mortgages
HUD Secretary Scott Turner told Fox Business on Friday that illegal aliens received federally backed mortgages during the Biden–Harris regime years. Turner characterized this as a significant policy failure by the previous administration and evidence of what he called misplaced priorities that favored illegals over American homebuyers.
"You know, during the Biden Administration, there were over 12 million illegal aliens that came over the border, straining our housing supply and making the costs go up," Turner told Fox Business host Maria Bartiromo.
He continued, "And so we worked with Secretary Noem at DHS, as you alluded to, to make sure that only American citizens are living in HUD-funded housing. We also took away FHA-backed mortgages from illegal aliens. During the Biden Administration, they turned a blind eye. But we're going to keep the law to make sure these mortgages, which are backed b...
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06.12.25 - 17:06
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Miami′s Housing Shortage Hits Affordability: Codina (Bloomberg)
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Codina Partners CEO Ana-Marie Codina says South Florida faces a growing affordability problem as housing demand outstrips supply and a proposal by Governor Ron DeSantis to eliminate property taxes on owner-occupied homes risks worsening the burden on renters. She spoke to Bloomberg's Dani Burger at a Bloomberg New Voices event in Miami. (Source: Bloomberg)...
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06.12.25 - 00:01
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What Happens to WBD′s Properties Amid Netflix Deal (Bloomberg)
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Warner Bros. Discovery told employees its board approved Netflix's acquisition of Warner Bros., with the deal contingent on regulatory clearance. Netflix says it will maintain HBO Max and HBO as part of the deal. Warner Bros. Discovery cable properties including CNN, TNT, Discovery and TBS will be split off into a separate company called Discovery Global in 3Q 2026. Bloomberg News Intelligence Senior Media Analyst Geetha Ranganathan and Bloomberg News Senior M&A Reporter Michelle Davis join Bloomberg Businessweek Daily to discuss. They speak with Alexis Christoforous and Kristine Aquino. (Source: Bloomberg)...
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05.12.25 - 23:06
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Riot Games Buys LA Office as Hudson Pacific Cuts Mortgage Debt (Bloomberg)
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Riot Games, the developer of League of Legends, bought its Los Angeles office campus for total consideration of $231 million, enabling landlord Hudson Pacific Properties Inc. to pay down debt as the West Coast office market continues to face high vacancies and low valuations....
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05.12.25 - 19:36
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′Enclaves for the rich′: new luxury housing is putting parts of Sydney out of reach to all but the very few (The Guardian)
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A wave of redevelopment in Bondi, the inner city and lower north shore is pricing people out – even while governments profess to be focused on affordabilityGet our breaking news email, free app or daily news podcastBondi used to be home to surfers, backpackers and artists. But the bohemian vibe of Sydney's most famous beach risks being swamped by a wave of high-end developments.Older apartment blocks that provided affordable housing are being bought by companies and wealthy individuals, who are turning them into smaller blocks with fewer luxury dwellings, or sometimes single homes. Continue reading......
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05.12.25 - 11:06
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UK first-time buyers in best position to snap up property in a decade, data shows (The Guardian)
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Halifax says average price of house was a record £299,892 in November but that affordability is at its strongest since 2015Business live – latest updatesBuyers attempting to get on to the property ladder in the UK have received a lift, after figures from Halifax showed they are in the best position to snap up a home in a decade.Britain's biggest mortgage lender said that the average price of a UK property hit a record high of £299,892 in November, after a marginal month-on-month rise. Continue reading......
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05.12.25 - 10:54
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UK Halifax House Prices Remain Flat In November (AFX)
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LONDON (dpa-AFX) - UK house prices stagnated in November ahead of the Autumn budget announcement, data from the mortgage lender Halifax revealed Friday. House prices registered a nil growth in Nov......
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05.12.25 - 08:36
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UK house prices stagnated in November as south lags behind the north – business live (The Guardian)
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Halifax reports that affordability is now at its strongest since late 2015, after slowdown in price growthHalifax's regional data continues to show a clear North/South divide – prices fell in the south of the UK last month, but were stronger elsewhere.Northern Ireland remains the strongest performing nation or region in the UK, with average property prices rising by +8.9% over the past year (up from +7.9% last month). The typical home now costs £220,716.Scotland recorded annual price growth of +3.7% in November, up to an average of £216,781. In Wales property values rose +1.9% year-on-year to £229,430.In England, the North West recorded the highest annual growth rate, with property prices rising by +3.2% to £245,070, followed by the North East with growth of +2.9% to £180,939. Further south, three regions saw prices decrease in November.In London prices fell by -1.0%, the South East by -0.3% and Eastern England by -0.1%. The capital remains the most expensive part of the UK, with an average prope...
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