Tag #Housing Affordability

Showing 13 to 24 of 155 results

theglobeandmail.com
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Young Ontarians defy housing affordability trends

Young adults in Ontario, aged 30 and under, surprisingly account for a large share of first-time home purchases (41.5% of condos and 38.5% of houses over the past five years), possibly due to family financial assistance, according to a Teranet report, while the increase in solo condo buyers and a sl...

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32% Bias Score

Reduced Inequality
telegraaf.nl
🌐 75% Global Worthiness
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Dutch Housing Crisis Widens Gap Between Single and Dual-Income Homebuyers

Soaring house prices in the Netherlands (€474,234 average) disproportionately affect single homebuyers, whose maximum loan (€215,083 with a modal income) limits their options to 2.1 percent of available homes, while dual-income households have access to 36 percent, highlighting a critical housing sh...

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48% Bias Score

Reduced Inequality
smh.com.au
🌐 75% Global Worthiness
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Cost of Living Crisis Drives Increased Household Sharing, Exacerbating Housing Affordability

Rising living costs are causing Australians to share homes, increasing average household size above 2.5; experts suggest older homeowners downsizing could free up 1.2 million dwellings, significantly easing the housing affordability crisis.

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40% Bias Score

Reduced Inequality
smh.com.au
🌐 85% Global Worthiness
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Increased Australian Building Regulations Drive Up Housing Costs

Australia's National Construction Code, nearly doubled in size since 2011, now adds \$8000-\$20,000 to home building costs, hindering the government's goal of 1.2 million new homes by 2030, amidst a record-high house price-to-wage ratio.

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60% Bias Score

Sustainable Cities and Communities
elmundo.es
🌐 85% Global Worthiness
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Spain's Housing Crisis Delays Youth Independence

High rental costs in Spain, particularly in cities like Barcelona (€1,000+), are delaying young people's independence; only 15.2% of young people are able to leave the family home, resulting in an average emancipation age of 30, four years older than the EU average.

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60% Bias Score

Reduced Inequality
welt.de
🌐 65% Global Worthiness
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Thuringia Seeks to Accelerate Construction with Regulatory Overhaul

Thuringia's Construction Minister Steffen Schütz proposes a package of regulations to accelerate building processes, including digitalization of administrative procedures, potentially allowing applications to be deemed approved after a set time, and relaxing standards to reduce costs and constructio...

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52% Bias Score

Sustainable Cities and Communities
smh.com.au
🌐 65% Global Worthiness
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Docklands Units Take 37 Years to Double in Value

Docklands units took 37 years to double in median price, from $291,807 in April 1988 to $584,450 in July 2023, slower than the average 27.6 years for other inner-city Melbourne suburbs, due to oversupply of lower-quality apartments built in the 2010s and a lack of amenities.

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44% Bias Score

Sustainable Cities and Communities
gr.euronews.com
🌐 85% Global Worthiness
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Spain Weighs 100% Tax on Non-EU Homebuyers

Spain is considering a 100% tax on homes bought by non-EU citizens to tackle its housing crisis; property taxes contribute significantly to government revenue across Europe, ranging from 0.3% to 3.7% of GDP, with variations in total tax revenue shares.

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32% Bias Score

Reduced Inequality
smh.com.au
🌐 85% Global Worthiness
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Australian Stamp Duty Costs Soar, Outpacing Income Growth

Analysis shows stamp duty costs in Sydney, Melbourne, and Brisbane have risen 2.7 to 3.4 times faster than incomes since 2000, reaching 119.7 percent of income in Sydney in 2024, impacting housing affordability and mobility, prompting calls for tax reform.

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48% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 85% Global Worthiness
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RioCan Abandons Luxury Rental Development Amidst Canada's Housing Crisis

RioCan Real Estate Investment Trust recently ended its Living division, which focused on building luxury rental apartments in Canada, due to lower-than-expected rental income and high development costs, despite Canada's housing shortage.

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40% Bias Score

Sustainable Cities and Communities
smh.com.au
🌐 75% Global Worthiness
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REIV Responds to Underquoting Claims, Calls for Housing Affordability Solutions

The Real Estate Institute of Victoria (REIV) responded to The Age's investigation into underquoting, arguing that while breaches occur, the majority of sales above quoted prices result from competitive bidding in a tight market. They propose a more proportionate enforcement system and reforms like r...

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52% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 85% Global Worthiness
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Australia Considers Restricting Tax Breaks for Investor Landlords to Address Housing Crisis

Treasurer Jim Chalmers is considering restricting negative gearing and capital gains tax discounts to one property per investor following recommendations from the ACTU to address Australia's housing affordability crisis, despite a previous election promise not to implement such changes; a plan to bu...

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44% Bias Score

Reduced Inequality

Showing 13 to 24 of 155 results