Tag #Housing Crisis

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elpais.com

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Dec 5, 07:07

Capsule Hostels: A Loophole in Spain's Housing Crisis?

Capsule hostels in Málaga and Madrid, initially designed for tourists, are being used as housing due to Spain's housing crisis, raising concerns about legal compliance and ethical implications, as investors seek high returns by targeting those needing affordable housing.

Capsule Hostels: A Loophole in Spain's Housing Crisis?

Capsule hostels in Málaga and Madrid, initially designed for tourists, are being used as housing due to Spain's housing crisis, raising concerns about legal compliance and ethical implications, as investors seek high returns by targeting those needing affordable housing.

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How are capsule hostels being exploited to address the housing crisis, and what are the immediate consequences?

Two cases in Málaga and Madrid reveal a potential loophole in regulations, where capsule hostels, intended for tourists, are being used as housing for those facing affordability issues. This practice is driven by high housing demand and the promise of substantial returns for investors, exceeding those of traditional rentals.

elmundo.es

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Dec 5, 01:11

Delay of Spain's Rental Index Creates Uncertainty for Thousands

Spain's new rental index, crucial for regulating rent increases from January 1st, 2025, is delayed, leaving thousands of tenants and landlords uncertain about rent adjustments as the government works to finalize the index before the year's end.

Delay of Spain's Rental Index Creates Uncertainty for Thousands

Spain's new rental index, crucial for regulating rent increases from January 1st, 2025, is delayed, leaving thousands of tenants and landlords uncertain about rent adjustments as the government works to finalize the index before the year's end.

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What are the immediate consequences of the delay in implementing Spain's new rental index?

Spain's new rental index, intended to regulate rent increases, is delayed. The index, mandated by the Housing Law, was meant to be operational January 1st, 2025, but its release is pending. Thousands of tenants and landlords await its publication to determine how rent adjustments will proceed.

welt.de

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Dec 5, 13:08

German Housing Construction Crisis Deepens Amidst Weaker Industrial Orders

The Ifo Institute reported a 54% increase in housing construction order shortages in November, exacerbating a chronic crisis. German industrial orders also fell by 1.5% in October, despite a revised 7.2% increase in September due to large orders; experts predict a 0.1–0.2% GDP contraction in 2024.

German Housing Construction Crisis Deepens Amidst Weaker Industrial Orders

The Ifo Institute reported a 54% increase in housing construction order shortages in November, exacerbating a chronic crisis. German industrial orders also fell by 1.5% in October, despite a revised 7.2% increase in September due to large orders; experts predict a 0.1–0.2% GDP contraction in 2024.

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What is the immediate impact of the worsening housing construction order shortage in Germany?

The Ifo Institute reported a worsening housing construction order shortage in November, with 54% of companies reporting shortages, up from 49.9% in October. This signifies a chronic crisis, threatening a persistent housing shortage without new stimulus. The industry's business climate also deteriorated, despite lower interest rates.

dailymail.co.uk

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Dec 5, 21:05

Starmer's Unlikely Targets: Ambitious Goals Cloud Labour's Future

Keir Starmer's speech at Pinewood Studios outlined ambitious yet potentially unattainable targets for economic growth, NHS waiting times, housing, clean energy, and policing; experts doubt their feasibility given current constraints.

Starmer's Unlikely Targets: Ambitious Goals Cloud Labour's Future

Keir Starmer's speech at Pinewood Studios outlined ambitious yet potentially unattainable targets for economic growth, NHS waiting times, housing, clean energy, and policing; experts doubt their feasibility given current constraints.

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What are the key promises made by Keir Starmer in his speech, and what is the likelihood of their achievement given current economic and political realities?

Keir Starmer's recent speech, billed as a government relaunch, presented a series of targets unlikely to be met. These include achieving the highest sustained G7 growth by 2030, despite the Chancellor's budget already impacting growth, and raising real living standards by 0.5 percent by 2030, a marginal increase even by current forecasts. His promise of 92 percent of NHS patients receiving elective treatment within 18 weeks, while laudable, faces resource constraints and potential sacrifices to other services.

nos.nl

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Dec 5, 13:08

Dutch Pension Funds Refuse to Sign Housing Summit Agreement

Dutch pension funds, managing €1500 billion, will not sign the housing summit agreement aiming to build 100,000 homes annually due to financial constraints and conflicting priorities, though they may issue a statement of support.

Dutch Pension Funds Refuse to Sign Housing Summit Agreement

Dutch pension funds, managing €1500 billion, will not sign the housing summit agreement aiming to build 100,000 homes annually due to financial constraints and conflicting priorities, though they may issue a statement of support.

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What are the long-term implications of the pension funds prioritizing financial returns over social responsibility in affordable housing initiatives?

The pension funds' non-participation highlights a tension between social responsibility and fiduciary duty. While pressure exists for pension funds to invest in affordable housing, maximizing returns for pensioners remains a priority, influencing investment decisions.

elpais.com

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Dec 4, 10:07

Short-Term Rentals Fuel Insecurity and Financial Stress for Spanish Renters

A study by the Barcelona Urban Research Institute found that 90% of Madrid and Barcelona renters have short-term contracts, leading to high turnover, rising rental costs exceeding inflation, and frequent moves impacting families; researchers recommend indefinite contracts and price regulation.

Short-Term Rentals Fuel Insecurity and Financial Stress for Spanish Renters

A study by the Barcelona Urban Research Institute found that 90% of Madrid and Barcelona renters have short-term contracts, leading to high turnover, rising rental costs exceeding inflation, and frequent moves impacting families; researchers recommend indefinite contracts and price regulation.

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How do real estate agencies and online portals contribute to rising rental prices and renter instability?

The study attributes this instability to the prevalence of short-term contracts, introduced by a 1985 decree that eliminated indefinite contracts. This, coupled with the rise of real estate agencies and online portals inflating prices, creates a system benefiting landlords and intermediaries at the expense of renters' stability. The researchers found that listed rental prices are 30.9% higher than actual prices, contributing to inflationary pressure.

theguardian.com

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Dec 5, 01:11

Australia's Housing Crisis, Migration Lag, and US CEO Assassination

Over 160 Australian readers detail their struggles due to the housing crisis; a study shows Australia's migration recovery is lagging; and the CEO of UnitedHealthcare was fatally shot in Manhattan.

Australia's Housing Crisis, Migration Lag, and US CEO Assassination

Over 160 Australian readers detail their struggles due to the housing crisis; a study shows Australia's migration recovery is lagging; and the CEO of UnitedHealthcare was fatally shot in Manhattan.

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What are the immediate impacts of Australia's housing crisis on its residents?

More than 160 Guardian readers shared how Australia's housing crisis impacts their economic, mental, and social well-being, highlighting the severity of the issue. A study reveals Australia lags in post-pandemic migration recovery. In the US, the CEO of UnitedHealthcare was fatally shot in Manhattan.

elmundo.es

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Dec 5, 01:11

Spanish Real Estate Sector Demands Land Law Reform Amidst Housing Crisis

Amidst the Spanish government's announcement of a public housing company, the real estate sector strongly advocates for the immediate approval of the Land Law reform to expedite new housing construction of all types, citing a critical shortage of developable land and lengthy administrative processes...

Spanish Real Estate Sector Demands Land Law Reform Amidst Housing Crisis

Amidst the Spanish government's announcement of a public housing company, the real estate sector strongly advocates for the immediate approval of the Land Law reform to expedite new housing construction of all types, citing a critical shortage of developable land and lengthy administrative processes...

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What are the immediate consequences of the delay in approving the Spanish Land Law reform?

The Spanish real estate sector urges the government to approve the Land Law reform to address the housing crisis. They argue that the current shortage of developable land and slow administrative processes hinder new housing construction, regardless of housing type (social, affordable, or market). This demand comes amidst the government's announcement of a public housing company, which the sector views as insufficient without sufficient land availability.

taz.de

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Dec 5, 21:05

Berlin Housing Protest Demands Nationwide Rent Cap Amidst Failed Government Policies

Over 100 people protested in Berlin on Thursday, demanding a nationwide rent cap due to the German government's failed housing policies that led to soaring rents and a shortage of affordable housing despite record funding for social housing.

Berlin Housing Protest Demands Nationwide Rent Cap Amidst Failed Government Policies

Over 100 people protested in Berlin on Thursday, demanding a nationwide rent cap due to the German government's failed housing policies that led to soaring rents and a shortage of affordable housing despite record funding for social housing.

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What is the central demand of the Berlin housing protest, and what are its immediate implications for Germany's housing crisis?

Hundreds protested in Berlin on Thursday, demanding a nationwide rent cap. The protest, organized by 50 tenant initiatives and civil society groups, highlights the failure of the German government's housing policy to curb rising rents. Participants banged pots and pans to draw attention to their concerns.

smh.com.au

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Dec 5, 01:11

NSW Labor Faces Challenges Amidst Infrastructure Wins and Union Disputes

The NSW Labor government celebrated the launch of new intercity trains but faces challenges with ongoing union disputes, a stalled Rosehill redevelopment, and a housing crisis, impacting its future prospects.

NSW Labor Faces Challenges Amidst Infrastructure Wins and Union Disputes

The NSW Labor government celebrated the launch of new intercity trains but faces challenges with ongoing union disputes, a stalled Rosehill redevelopment, and a housing crisis, impacting its future prospects.

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What are the immediate impacts of the NSW Labor government's successes and failures in 2024 on its overall standing and future prospects?

The NSW Labor government successfully launched the long-delayed intercity trains connecting Central Station and Newcastle, improving passenger comfort with air-conditioning and charging ports. However, ongoing disputes with unions over pay rises for public sector workers, including train drivers and nurses, continue to cause significant challenges. The government also faces setbacks with the proposed Rosehill mini-city development, which is now uncertain due to opposition from the Australian Turf Club board members.

zeit.de

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Dec 5, 16:09

Berlin Speeds Up Construction to Tackle Housing Crisis

Berlin's CDU/SPD government passed a law to speed up construction, streamlining processes and redistributing responsibilities to tackle the housing crisis and rising rents, despite criticism from Green and Left parties concerning environmental impact and disregard for alternative solutions.

Berlin Speeds Up Construction to Tackle Housing Crisis

Berlin's CDU/SPD government passed a law to speed up construction, streamlining processes and redistributing responsibilities to tackle the housing crisis and rising rents, despite criticism from Green and Left parties concerning environmental impact and disregard for alternative solutions.

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How will Berlin's new "faster building" law impact the city's housing crisis and rental market?

The Berlin state government, a coalition of CDU and SPD, passed a law to accelerate construction, aiming to address the housing crisis and rising rents. The law streamlines planning and approval processes, redistributing responsibilities and shortening deadlines. Opposition parties, including the Greens and the Left, criticized the law for potentially neglecting environmental protection and focusing solely on increasing construction volume.

smh.com.au

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Dec 4, 07:09

Australia's Rental Crisis: 6.7% Inflation, Low Vacancy Rates Fuel Intense Competition

Australia's rental market faces a crisis with 6.7 percent inflation, driven by a 1.8 percent national vacancy rate and intense competition for limited properties; government assistance helped prevent even higher inflation.

Australia's Rental Crisis: 6.7% Inflation, Low Vacancy Rates Fuel Intense Competition

Australia's rental market faces a crisis with 6.7 percent inflation, driven by a 1.8 percent national vacancy rate and intense competition for limited properties; government assistance helped prevent even higher inflation.

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How has government intervention, specifically the increase in Commonwealth Rent Assistance, affected rental inflation rates?

The high rental inflation is primarily due to a severe shortage of rental properties, resulting in increased competition among renters. This shortage is reflected in low vacancy rates across major Australian cities, such as Sydney (2.2 percent) and Melbourne (1.5 percent), which are far below pre-COVID averages. This imbalance between supply and demand drives up rental prices, creating a challenging environment for renters.

Showing 445 to 456 of 476 results