Tag #Affordable Housing

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nrc.nl

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May 29, 16:12

Dutch Rent Freeze Plan Faces Potential Collapse

The Dutch government's plan to freeze rents on a portion of social housing faces a potential setback after the Council of State is expected to issue a negative advisory opinion next Monday, due to concerns about insufficient compensation for housing corporations and the plan's complexity.

Dutch Rent Freeze Plan Faces Potential Collapse

The Dutch government's plan to freeze rents on a portion of social housing faces a potential setback after the Council of State is expected to issue a negative advisory opinion next Monday, due to concerns about insufficient compensation for housing corporations and the plan's complexity.

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What are the potential long-term implications of the plan's failure for housing affordability and political stability in the Netherlands?

The likely rejection by the Council of State highlights the challenges of implementing complex social policies within a coalition government. This failure could lead to renewed political tensions and potentially impact future housing policies, as the plan's central aim—rent control—remains a contentious issue with significant economic and social implications.

theglobeandmail.com

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May 27, 01:11

Taxing Investment Properties Proposed to Solve Canada's Housing Crisis

John Pasalis, president of Realosophy Realty Inc., proposes taxing investment properties—including a 35 percent minimum down payment, taxing capital gains as regular income, and eliminating mortgage interest deductibility—to address Canada's housing affordability crisis driven by investor demand, as...

Taxing Investment Properties Proposed to Solve Canada's Housing Crisis

John Pasalis, president of Realosophy Realty Inc., proposes taxing investment properties—including a 35 percent minimum down payment, taxing capital gains as regular income, and eliminating mortgage interest deductibility—to address Canada's housing affordability crisis driven by investor demand, as...

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What specific tax measures does John Pasalis propose to address Canada's housing affordability crisis, and how would these measures directly impact investor behavior and housing prices?

John Pasalis, president of Realosophy Realty Inc., proposes taxing investment properties to address Canada's housing affordability crisis. His report, "The Great Sell Off," argues that investor demand, not lack of construction, drove price increases exceeding income growth. This has led to declining homeownership rates, particularly among millennials and Gen Z.

dailymail.co.uk

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May 25, 13:11

Celebrity Influx Drives Up Housing Prices in Cornish Village

The Cornish village of Mawgan Porth is experiencing a rapid influx of wealthy homebuyers, including celebrities, leading to increased property prices and concerns about the displacement of long-term residents due to the conversion of bungalows into second homes and the construction of luxury mansion...

Celebrity Influx Drives Up Housing Prices in Cornish Village

The Cornish village of Mawgan Porth is experiencing a rapid influx of wealthy homebuyers, including celebrities, leading to increased property prices and concerns about the displacement of long-term residents due to the conversion of bungalows into second homes and the construction of luxury mansion...

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How is the influx of wealthy homebuyers, including celebrities, impacting the affordability of housing and the community structure in Mawgan Porth?

The influx of wealthy individuals, including celebrities like Cate Blanchett and Jason Statham, into Mawgan Porth, Cornwall, is driving up property prices, pricing out long-term residents. This transformation of bungalows into second homes and the construction of luxury mansions is altering the village's character and community.

zeit.de

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May 25, 13:11

NRW Green Party Launches Municipal Campaign Focused on Affordable Housing

The NRW Green Party launched its municipal election campaign focusing on affordable housing, proposing policies to strengthen local housing companies, limit short-term rentals, and promote cost-effective construction; the party also called for banning the AfD.

NRW Green Party Launches Municipal Campaign Focused on Affordable Housing

The NRW Green Party launched its municipal election campaign focusing on affordable housing, proposing policies to strengthen local housing companies, limit short-term rentals, and promote cost-effective construction; the party also called for banning the AfD.

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What specific policy proposals are the NRW Green Party introducing to address the affordable housing crisis, and what immediate impact are these expected to have?

The NRW Green Party launched its municipal election campaign focusing on affordable housing, aiming to strengthen local housing companies, limit short-term rentals via platforms in strained markets, and promote cost-effective serial construction. A related motion was adopted at their state party convention.

taz.de

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May 23, 10:11

NRW Green Party Prioritizes Affordable Housing in Upcoming Local Elections

Germany's Green Party in North Rhine-Westphalia is launching a campaign focused on affordable housing, highlighting recent government investments of €10.5 billion which led to 12,000 new affordable homes in 2024 and proposing further measures like supporting municipal housing companies, facilitating...

NRW Green Party Prioritizes Affordable Housing in Upcoming Local Elections

Germany's Green Party in North Rhine-Westphalia is launching a campaign focused on affordable housing, highlighting recent government investments of €10.5 billion which led to 12,000 new affordable homes in 2024 and proposing further measures like supporting municipal housing companies, facilitating...

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What immediate steps is the Green Party in NRW taking to address the rising cost of rent and the shortage of affordable housing, and what are the short-term expected impacts?

In North Rhine-Westphalia (NRW), Germany, rising rents are a major social issue, prompting the Green Party to prioritize affordable housing in their upcoming local election campaign. The party highlights their efforts, including expanding the rent control to 57 cities and investing €10.5 billion in public housing, resulting in 12,000 new affordable apartments in 2024 alone.",

elpais.com

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May 22, 16:14

Valencia's Housing Crisis Deepens Amidst 587 Apartment Purchase Refusals

Valencia's local government, led by Mayor María José Catalá, rejected the purchase of 587 apartments in two years, doubling its public housing stock, prompting criticism from Compromís, who cited 10 missed opportunities and highlighted a recent case of 134 apartments in La Torre neighborhood.

Valencia's Housing Crisis Deepens Amidst 587 Apartment Purchase Refusals

Valencia's local government, led by Mayor María José Catalá, rejected the purchase of 587 apartments in two years, doubling its public housing stock, prompting criticism from Compromís, who cited 10 missed opportunities and highlighted a recent case of 134 apartments in La Torre neighborhood.

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What is the immediate impact of Valencia's local government's refusal to purchase 587 affordable housing units?

Valencia's local government has refused to purchase 587 apartments over the past two years, foregoing the opportunity to double its public housing stock, currently at 600 units. This was denounced by Compromís spokesperson Papi Robles, who highlighted 10 missed opportunities to acquire properties via preemptive purchase rights.

zeit.de

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May 29, 07:13

Germany Extends Rent Control Law Until 2029

Germany extended its rent control law until 2029, a move praised by Berlin's Mieterverein as crucial protection for tenants, despite ongoing criticism of loopholes and calls for broader housing market regulation.

Germany Extends Rent Control Law Until 2029

Germany extended its rent control law until 2029, a move praised by Berlin's Mieterverein as crucial protection for tenants, despite ongoing criticism of loopholes and calls for broader housing market regulation.

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What is the immediate impact of the German cabinet's decision to extend the rent control law?

The German cabinet extended the rent control law until December 2029. This is positive news for Berlin, where it is most effective in limiting rent increases in new contracts. Without the extension, Berlin renters would have had no protection after 2025.

news.sky.com

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May 25, 07:09

UK Government Mandates Building Timetables to Speed Up Housing Construction

The UK government will require developers to commit to building timetables and submit annual progress reports to get planning permission, potentially fining or seizing land from those who leave sites unfinished; this aims to build 1.5 million homes by 2029.

UK Government Mandates Building Timetables to Speed Up Housing Construction

The UK government will require developers to commit to building timetables and submit annual progress reports to get planning permission, potentially fining or seizing land from those who leave sites unfinished; this aims to build 1.5 million homes by 2029.

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What are the potential consequences for developers who fail to meet the mandated delivery timeframes?

This policy intends to accelerate the construction of 1.5 million homes by 2029, addressing housing shortages and affordability issues. The initiative targets developers who delay projects, potentially increasing housing supply and reducing prices. This aligns with Labour's support for builders and opposition to NIMBYism.

welt.de

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May 25, 13:11

NRW Green Party Prioritizes Affordable Housing in Municipal Election Campaign

The NRW Green Party launched its municipal election campaign focused on affordable housing, proposing solutions such as strengthening municipal housing companies, limiting short-term rentals, and promoting affordable construction, driven by rising rents and housing shortages.

NRW Green Party Prioritizes Affordable Housing in Municipal Election Campaign

The NRW Green Party launched its municipal election campaign focused on affordable housing, proposing solutions such as strengthening municipal housing companies, limiting short-term rentals, and promoting affordable construction, driven by rising rents and housing shortages.

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How does the NRW Green Party's campaign strategy address the broader issue of rising rents and housing shortages in Germany?

This focus on affordable housing reflects growing social concerns in Germany regarding rising rents and housing shortages, particularly in urban areas. The party's strategy combines direct action (strengthening housing companies) with regulatory measures (limiting short-term rentals) to address both immediate needs and systemic issues.

dailymail.co.uk

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May 23, 07:12

Miami Beach Art Deco District Faces Demolition Under Affordable Housing Plan

A proposed update to Florida's 2023 Live Local Act threatens to demolish most of Miami Beach's Art Deco District to make way for affordable housing, sparking controversy over the economic and cultural consequences, despite the area being Florida's second-largest tourist attraction.

Miami Beach Art Deco District Faces Demolition Under Affordable Housing Plan

A proposed update to Florida's 2023 Live Local Act threatens to demolish most of Miami Beach's Art Deco District to make way for affordable housing, sparking controversy over the economic and cultural consequences, despite the area being Florida's second-largest tourist attraction.

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What are the immediate consequences of the proposed changes to the 2023 Live Local Act on Miami Beach's Art Deco District?

Miami Beach's Art Deco District, a major tourist attraction, faces potential demolition under a proposed update to the 2023 Live Local Act. This update would allow developers to build taller buildings with affordable housing units in exchange for relaxing zoning and preservation regulations, threatening the demolition of most buildings except for eight nationally registered ones. This could drastically alter the area's character and economic viability.

smh.com.au

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May 22, 01:11

WA Renters Face 50% Increase Amidst Inadequate Protections

A Western Australian couple faced a 50 percent rent increase, highlighting the challenges of the state's rental market where laws prohibit rent bidding and limit increases to once yearly but don't cap the amount of the increase, leaving renters vulnerable to unaffordable housing costs.

WA Renters Face 50% Increase Amidst Inadequate Protections

A Western Australian couple faced a 50 percent rent increase, highlighting the challenges of the state's rental market where laws prohibit rent bidding and limit increases to once yearly but don't cap the amount of the increase, leaving renters vulnerable to unaffordable housing costs.

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What are the immediate consequences of the absence of rent control measures in Western Australia for renters?

In Western Australia, renters face significant challenges due to soaring housing costs. A couple experienced a 50% rent increase, forcing them to relocate despite being good tenants. This situation highlights the broader issue of unaffordable housing in the region.

cnn.com

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May 21, 07:11

O'Connor Defeats Gainey in Pittsburgh Mayoral Primary

Corey O'Connor defeated Pittsburgh Mayor Ed Gainey in Tuesday's Democratic primary election, fueled by concerns over Gainey's handling of city finances, affordable housing, and public safety; O'Connor is expected to win the general election.

O'Connor Defeats Gainey in Pittsburgh Mayoral Primary

Corey O'Connor defeated Pittsburgh Mayor Ed Gainey in Tuesday's Democratic primary election, fueled by concerns over Gainey's handling of city finances, affordable housing, and public safety; O'Connor is expected to win the general election.

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What are the potential long-term implications of this election for Pittsburgh's financial stability, urban development, and political alignment?

O'Connor's win signals a potential recalibration of Pittsburgh's political landscape, potentially leading to altered approaches to urban planning, fiscal policy, and public safety initiatives. The outcome underscores the complex interplay between political endorsements, campaign funding, and public perception of an incumbent's performance.

Showing 97 to 108 of 324 results