Tag: Housing Affordability
-
Tom Steyer Announces Bid for California Governor: A Bold, Anti-Establishment Run
A Billionaire with a New Political Mission Tom Steyer, the billionaire hedge fund founder known for his climate-focused philanthropy, announced on Wednesday that he is running for governor of California. In a public statement and accompanying campaign events, Steyer framed his bid as an effort to break free from the influence of special interests and…
-
Tom Steyer Enters California Governor Race, Promising to Fight Special Interests and Corporate Influence
Overview: A high-profile bid to reshape California politics Billionaire hedge fund founder Tom Steyer announced on Wednesday that he is running for governor of California. In a candid push for leadership, Steyer argued that his wealth and independence would empower him to confront entrenched special interests and tackle the affordability crisis gripping the state. The…
-
Housing Market Stabilises in October: REINZ Insight
October brings a steadier heartbeat to New Zealand’s housing market New Zealand’s housing market appears to have found a more stable rhythm as the summer selling season begins, according to the Real Estate Institute of New Zealand (REINZ). October data show 7,505 residential property sales nationwide, marking a meaningful step up from September and hinting…
-
Will Canada’s International Student Cap Steady the Rents but Challenge Colleges Too?
Rents cool, but at what cost to campuses? Canada’s international student cap has become a surprising lever in the country’s housing market. By slowing inbound numbers, cities that once watched rents spike amid a flood of foreign students saw a stabilizing effect. The initiative aimed to address a core frustration for many Canadians—high housing costs…
-
First-Time Buyers Call for Government Support to Revive UK Property Market
Industry pressure grows as UK property market cools The property market in Britain has cooled in the shadow of the forthcoming budget, prompting calls for targeted help for those trying to buy their first home. The boss of one of the country’s largest housebuilders has stepped forward with a clear message: the government should announce…
-
Reeves’s UK property tax changes could reshape the housing market: what to expect
Overview: What Reeves is considering With the Labour leadership’s focus on reforming property taxation, the prospect of changes to capital gains tax (CGT) and related policies has sparked wide debate. The central idea under consideration is to broaden CGT to cover main residences, a move that would represent a major shift from current practice. If…
-
Trump Faces Backlash Over 50-Year Mortgage Proposal to Tackle Housing Costs
Overview: A bold idea meets fierce scrutiny A proposal reportedly floated by a senior official in the Trump administration envisions an expanded, 50-year mortgage as a tool to address rising housing costs in the United States. The idea, presented amid a broader push to tackle affordability, would significantly extend the typical repayment period and could…
-
Trump’s 50-Year Mortgage Plan Sparks Backlash Over Debt Burden
Overview: A proposal that divides opinion President Donald Trump is facing intense public and political backlash after a top official floated a new housing policy idea: a 50-year mortgage. The proposal, discussed by a senior official in the Trump administration, aims to address housing affordability, but critics warn it could lock future generations into long-term…
-
UK house prices surge to record high as October growth outpaces forecasts
UK house prices hit a record high as October growth outstrips forecasts UK house prices rose at the fastest pace in several months in October, according to lender Halifax, defying ongoing political uncertainty ahead of the Budget. The lender said prices climbed by 0.6% from September to October, marking the biggest monthly increase since January.…
-
Mamdani’s Bold Vision Wins Over New York, Energizing a Generation of Voters
New York Chooses a Bold Path In a decisive win that caught many by surprise, Zohran Mamdani emerged victorious in the New York City mayoral race, signaling a shift toward ambitious reform and a renewed focus on issues that resonate with younger residents. As the final results rolled in, supporters described the victory as a…