Tag: housing market
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Bologna’s New Restrictions on Short-Term Rentals
Introduction to Bologna’s New Restrictions Bologna, known for its rich history and vibrant culture, is taking a significant step in urban management. Mayor Matteo Lepore announced that Bologna will be the first city in Italy to implement restrictions on short-term rentals in specific areas. This decision aims to tackle the challenges posed by the rise…
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Changes in Property Taxation Starting 2026
Introduction to Property Tax Changes in 2026 Starting in 2026, a significant overhaul of property taxation is set to impact hundreds of thousands of property owners. The new tax framework aims to introduce reductions in tax rates, along with various benefits and changes in the rules surrounding the buying, selling, and management of residential properties.…
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Understanding the Impacts of the Tax Reform on Homeownership
The Overview of the Tax Reform The recent tax reform has made significant changes that affect various aspects of homeownership. Most notably, the abolition of the Eigenmietwert, which has long been a contentious issue among homeowners. The Eigenmietwert tax was a system that taxed homeowners on the hypothetical rental value of their property, regardless of…
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The End of the First Home Bonus: What You Need to Know
Introduction to the First Home Bonus The First Home Bonus was introduced to assist individuals in purchasing their first property, providing them with financial incentives and tax breaks. It played a significant role in helping many first-time buyers enter the housing market. However, recent developments indicate that this bonus may soon become a thing of…
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New Real Estate Measures: Tax Relief and Tenant Certification
Introduction to New Real Estate Measures In recent discussions, the government has outlined significant interventions targeting the real estate sector. Two key proposals are set to reshape the landscape of residential leases, aiming to provide both flexibility and security for tenants and landlords alike. Tax Relief for Flexible Leases The first measure focuses on introducing…
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New Residential Development in Sligo: 50 Homes to Be Built
Introduction to Sligo’s New Homes Development Sligo is set to welcome a significant boost to its housing supply with the recent signing of a contract for a new residential development. This project will introduce nearly 50 new homes, addressing the ongoing demand for housing in the area. The initiative reflects a positive step towards fulfilling…
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Real Estate Market Trends: July 2025 Insights
Introduction July 2025 marked another month of subdued activity in the real estate market, as sales figures revealed that contractors failed to surpass the 2,000 units sold threshold for the fourth consecutive month. This analysis delves into the significant trends shaping the residential real estate landscape, highlighting key statistics and insights. Sales Overview for July…
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Real Estate Market Update: Contractor Sales Remain Low
Introduction For the fourth consecutive month, contractor sales in the real estate market have failed to surpass the critical threshold of 2,000 units. In July 2025, a total of 8,011 homes were sold, including government-subsidized properties. This figure marks a 10% decline compared to July of the previous year, although it reflects a significant increase…
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Current Trends in Canadian Housing Construction
The State of Housing Construction in Canada In the first half of this year, housing construction in seven major Canadian cities reached near historical highs, yet the numbers indicate a troubling stagnation. While the construction of all types of housing is crucial for addressing the ongoing demand, the slight decline compared to previous record levels…
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The End of Mortgage Interest Deduction: A Fair Transition
The Mortgage Interest Deduction: A Brief Overview The mortgage interest deduction has long been a cornerstone of financial support for homeowners in the Netherlands. For decades, it has been marketed as an essential benefit, particularly by political parties like the VVD. However, recent discussions suggest that this long-standing tax break may be coming to an…