Tag #Housing Crisis

euronews.com
🌐 85% Global Worthiness
News related image

Spain Announces 100% Tax on Non-EU Property Purchases to Tackle Housing Crisis

Spain will implement a 100% tax on property purchases by non-EU buyers to combat its housing crisis, impacting approximately 27,000 transactions in 2023, part of a wider strategy by Prime Minister Pedro Sánchez.

Progress

52% Bias Score

Reduced Inequality
elmundo.es
🌐 85% Global Worthiness
News related image

Spain's Tourism Boom Exacerbates Housing Crisis

Spain's tourism sector is booming in 2024, with nearly 100 million tourists expected; however, this success is coupled with a housing crisis as the number of tourist accommodations (VUT) surpassed hotels in August 2023, reaching 36.5% of the total, while illegal listings may be nine times higher tha...

Progress

44% Bias Score

No Poverty
elpais.com
🌐 75% Global Worthiness
News related image

Spain's Housing Crisis: A Bipartisan Approach Needed

Spain's housing crisis necessitates a combined approach, merging proposals from the PP and PSOE to increase housing supply by streamlining bureaucratic processes, investing in industrialized construction, and regulating existing housing stock through tax incentives and penalties.

Progress

52% Bias Score

Sustainable Cities and Communities
dailymail.co.uk
🌐 75% Global Worthiness
News related image

UK Bans Excessive Upfront Rent Payments for Tenants

The UK government will ban landlords from demanding more than one month's rent upfront from tenants under new laws, aiming to prevent bidding wars and financial hardship; landlords and agencies violating this rule will face fines up to £5,000.

Progress

44% Bias Score

No Poverty
smh.com.au
🌐 85% Global Worthiness
News related image

Sydney Housing Crisis Deepens Amidst $3.5 Trillion Wealth Transfer

In Sydney, Australia, a $3.5 trillion wealth transfer from Baby Boomers to subsequent generations is exacerbating the housing crisis, disproportionately affecting Gen Z, and raising concerns about retirement security and wealth inequality.

Progress

48% Bias Score

Reduced Inequality
foxnews.com
🌐 75% Global Worthiness
News related image

FEMA to End Temporary Housing for Some Hurricane Helene Victims

FEMA is ending temporary housing assistance for some Western North Carolina families left homeless by Hurricane Helene, citing reasons such as habitable homes, declined inspections, or lack of contact. The deadline is January 14th, but those still in need can contact FEMA at 1-800-621-FEMA or visit ...

Progress

48% Bias Score

No Poverty
cnbc.com
🌐 85% Global Worthiness
News related image

Spain Imposes 100% Tax on Non-EU Home Buyers Amid Housing Crisis

To combat Spain's housing crisis, Prime Minister Pedro Sanchez proposed a 100% tax on homes bought by non-EU residents, alongside 11 other reforms including taxing tourist apartments as businesses and building more public housing, aiming to alleviate high prices and shortages impacting Spanish citiz...

Progress

44% Bias Score

Reduced Inequality
bbc.com
🌐 85% Global Worthiness
News related image

London High-Rise Evacuations Highlight Large Panel System Building Risks

Residents of two London high-rises built with Large Panel System (LPS) concrete are being evacuated due to safety concerns, highlighting systemic issues with this building type and raising questions about transparency and resident rights.

Progress

56% Bias Score

Sustainable Cities and Communities
elmundo.es
🌐 75% Global Worthiness
News related image

PP to Support Spain's Pension Reform, but Criticizes Government Housing Policies

PP leader Alberto Núñez Feijóo announced his party's support for Spain's pension reform, despite criticizing the government's housing policies and expressing reservations about negotiating with a government he views as undermining the rule of law. The reform includes improvements to retirement incen...

Progress

40% Bias Score

Reduced Inequality
smh.com.au
🌐 85% Global Worthiness
News related image

Australia's Housing Crisis: Affordability, Economic Risks, and Political Gridlock

Australia's housing affordability is at a record low, with high prices and interest rates impacting buyers. Experts suggest that lowering house prices could improve affordability but disagree on the economic consequences and political feasibility due to existing homeowners' concerns and the signific...

Progress

60% Bias Score

Reduced Inequality
nos.nl
🌐 75% Global Worthiness
News related image

Cape Town's Digital Nomad Boom: Economic Boon or Social Strain?

Cape Town expects a record number of visitors this summer, including many digital nomads, mostly from the Netherlands, boosting the economy but also increasing housing costs and exacerbating existing inequalities.

Progress

36% Bias Score

Reduced Inequality
nos.nl
🌐 75% Global Worthiness
News related image

Cape Town's Digital Nomad Boom: Economic Benefits and Social Costs

Cape Town is experiencing a record number of visitors this summer, including a large influx of digital nomads, mostly from the Netherlands, which is causing rising housing costs and displacing local residents; this economic boom, however, is also creating jobs and boosting the local economy.

Progress

56% Bias Score

Reduced Inequality