Housing
As the Millennials have now reached nearly 50% homeowners and 50% renters nationally, their coming-of-age years influenced by a pandemic, inflation, and labor market volatility, the "cusp" of this generation and Gen Z is emerging as a significant force in shaping future housing trends. According to Ali Wolf,
Housing
In a move linked to its ongoing project in Vikhroli, Mumbai-based Lodha Developers Limited has purchased 945 permanent transit camp (PTC) units from Arihant Construction Company in Mankhurd for Rs.567 crore. The acquisition is part of Lodha's obligations under the Slum Rehabilitation Authority (SRA) scheme, which requires
Housing
Florida's 105-day legislative session came to an end on Monday, June 17, with the approval of a $115.1 billion state budget. The budget includes $29.5 billion for K-12 education and $1.3 billion in tax cuts. State Senate President Ben Albritton views the delay in the
Housing
Worcester City Council faces a dilemma as it decides on retrospective planning permission for two eco-homes built in the wrong location. The homes were constructed between 2020 and 2021, but an investigation discovered they were built eight metres north of the approved site. Developer Carabella Properties has submitted a new
Housing
The housing crisis in Europe has reached critical levels, with cities like Dublin experiencing a severe shortage of affordable housing. This shortage has led to a range of negative consequences, including forced migration, homelessness, and a decline in social cohesion. According to the European Investment Bank, over the past 15
Housing
Developers Barratt and David Wilson Homes North East have submitted a major planning application for 65 new homes on land off Highfield Lane in Prudhoe, Northumberland. The proposed development, which includes two, three, four, and five-bedroom homes, will feature 15% affordable housing. The land is currently used for agricultural purposes,
Housing
The Sindh government's initiative to build houses for flood victims in rural Sindh has made significant progress, with thousands of houses constructed in five districts. The Sindh Rural Support Organization (SRSO), tasked with the construction of these houses, has reported that around 482,000 houses have been funded,
Housing
The Kansas City housing market is taking a moderate approach as the nationwide buyer's market experiences a significant shift. In a reversal from just a few years ago, Redfin estimates that there are nearly 500,000 more home sellers than buyers across the U.S. housing market. This
Housing
Municipalities in the Peel Region are at odds over how to fund infrastructure and spur housing growth, resulting in a rare walkout by Brampton and Caledon councillors over a Mississauga-backed motion aimed at easing the financial burden on developers. The motion, introduced by Mississauga Mayor Carolyn Parrish, called for deferring
Housing
The Irish Government is poised to announce a plan to make timber the primary building material in new homes as part of its efforts to address the housing crisis. According to Forestry Minister Michael Healy-Rae, Ireland's forestry resources are underutilized and could supply the timber needed to build
Housing
The National Australia Bank reports a staggering 32% increase in home lending over the three months to May, with first-home buyers leading the charge. Economists at UBS and the Westpac-Melbourne Institute agree, citing a surge in house price expectations to levels not seen since 2010 and 2013, respectively. The catalyst
Housing
A joint research study between the University of Sunshine Coast and Anglicare is exploring the viability of homeowners renting out spare bedrooms to people at risk of homelessness. However, experts have raised concerns that this approach could inadvertently open the door to elder abuse, as highlighted by a recent report
