Tag: affordability
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FIFA’s £45 World Cup tickets: a cautious concession to fans amid backlash
FIFA responds to fan backlash with lower-price World Cup tickets In a move aimed at soothing growing discontent among supporters, FIFA has announced new entry-level World Cup tickets priced at £45. The decision comes after sustained criticism about affordability and accessibility at the tournament, with fans demanding more affordable options and a fairer share of…
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First-time Buyers Take on Record £82bn in ‘Mega Mortgages’ as Lending Rules Lounge
Record lending for first-time buyers challenges conventional wisdom on affordability First-time buyers in the UK took on a record £82 billion of new mortgages in a sign that demand for property remains robust even as lending policies flex under pressure. The growth is being fuelled by the so-called “mega mortgages,” loans that stretch well beyond…
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November Home Sales Fall in Canada as Buyers Sit on the Sidelines
Canada’s November Housing Snapshot: Slump in Sales and Prices The Canadian residential real estate market cooled again in November, with both sales activity and home prices retreating as buyers remained cautious. Industry data point to a market still digesting higher borrowing costs, shifting expectations, and regional variations that influence buyer sentiment. While a handful of…
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Rising cost of food reshapes Canadian eating habits, survey says
Overview: Prices push Canadians to rethink meals A new edition of the Canadian Food Sentiment Index highlights a shift in how Canadians approach food amid steady price gains. The survey, which tracks consumer perceptions of affordability and behavior, finds that households are cutting back on waste, adjusting meal plans, and changing where they shop in…
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Tom Steyer Enters California Governor Race, Promising to Break From Special Interests
California’s Political Landscape Welcomes a New Contender In a move that has stunned some observers and energized supporters, billionaire hedge fund founder Tom Steyer announced on Wednesday that he is running for governor of California. He framed his bid as a break from the traditional political economy, arguing that his wealth was earned outside the…
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Condos Without Parking: The New Reality in Canada’s Urban Housing Boom
Rising Demand Reframes the Canadian Condo Landscape Prices and sales dynamics in Canada’s condo market are evolving, with a noticeable tilt toward units that don’t rely on on-site parking. As buyers recalibrate expectations amid shifting urban lifestyles, developers and policymakers are reassessing what features actually add value. The trend isn’t just about saving a few…
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Canadian Home Sales Rise as Rate Cuts Draw More Buyers
Canada’s Housing Market Gets a Lift as Rates Drop Canadian home sales have shown resilience, climbing for six of the past seven months as declines in borrowing costs entice buyers off the sidelines. In October, national activity rose 0.9% from September, signaling a cautious recovery in a market that has been sensitive to interest-rate movements…
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Democratic Socialist Upsets Seattle Mayor in Renewed Push for Affordability Politics
Seattle Elects a Democratic Socialist Over the Incumbent Mayor In a surprising turn of events that underscores a national appetite for affordability, a 43-year-old democratic socialist defeated the sitting Seattle mayor. The race highlighted a widening demand for pragmatic policies aimed at lowering housing costs, improving public services, and widening access to opportunity in one…
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Democratic Socialist Upsets Seattle Mayor on Affordability
Election shock fuels a new era for Seattle In a surprising turn after a long stretch of progressive talk and policy debates, a 43-year-old democratic socialist who had never held elected office has unseated Seattle’s incumbent mayor. The race centered on one overarching demand from voters in a city grappling with rising housing costs, limited…
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Democratic Socialist Upsets Seattle Mayor, Wins on Affordability Promise
Overview: A new kind of Seattle mayoral race In a surprising turn that has stunned local pundits and familiar political observers, a 43-year-old democratic socialist who has never held elected office has won the Seattle mayoral race, signaling a bold shift toward affordability politics in one of America’s most expensive urban centers. The victory arrives…