Tag #Housing Market

t24.com.tr
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Turkey's Housing Sector Awaits Low-Interest Loan Campaign

Turkey's housing sector expects a government-backed low-interest loan campaign in the first half of 2024 to boost homeownership among low-income citizens, aiming for 100,000 social houses by 2025, as announced in the presidential annual program.

Progress

48% Bias Score

Reduced Inequality
zeit.de
🌐 65% Global Worthiness
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Frankfurt Housing Market Recovers, Prices Rise

Frankfurt's housing market is recovering after a 2023 price decline, with prices rising up to 10 percent in 2024 for existing apartments; the city plans to increase affordable housing by improving funding and developing new building areas.

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36% Bias Score

Sustainable Cities and Communities
dailymail.co.uk
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Renters Back Major Parties Despite Greens' Housing Focus

YouGov polling reveals that despite the Greens' focus on renter issues, Australian renters favor major parties—Labor (35%) and the Coalition (26%)—over the Greens (22%) in the upcoming election, suggesting a disconnect between policy and voter priorities.

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48% Bias Score

Reduced Inequality
theglobeandmail.com
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Toronto Real Estate Sees Unexpectedly Active Start to 2024

The Toronto-area real estate market is experiencing an unexpectedly active start to 2024, with increased seller activity and listings in various areas, driven by sellers' proactive approach in anticipation of potential market stagnation and spurred by recent interest rate cuts and loosened mortgage ...

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40% Bias Score

Reduced Inequality
kathimerini.gr
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LA Wildfires Expose National Housing Market Vulnerabilities

Devastating wildfires in Los Angeles, causing at least 24 deaths and $135-150 billion in damages, are impacting the national housing market by driving up insurance costs and depressing home values, particularly in high-risk areas.

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44% Bias Score

Climate Action
dw.com
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Germany's Homeownership Rate Hits 15-Year Low

Germany's homeownership rate has dropped to 44 percent, a 15-year low, prompting calls for government subsidies and tax breaks to increase affordability and social stability, as experts highlight the country's low ranking in Europe compared to nations with higher ownership rates.

Progress

48% Bias Score

Reduced Inequality
us.cnn.com
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Trump Orders "Emergency Price Relief" for Housing, but Implementation Details Remain Scarce

President Trump signed an executive order on Monday mandating "emergency price relief" for American housing costs, citing that regulations account for 25% of new home construction costs; however, the order provides few specifics on how the administration plans to achieve this.

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52% Bias Score

Affordable and Clean Energy
cnbc.com
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Saving for a Down Payment: Vast Time Differences Across U.S. Cities

A RealtyHop report reveals that saving for a 20% down payment on a home in New York City takes 10.85 years, while in Detroit it takes 2.53 years, highlighting vast differences in home affordability across U.S. cities, impacted by factors like income, expenses, and rising home prices.

Progress

52% Bias Score

Reduced Inequality
kathimerini.gr
🌐 65% Global Worthiness
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Greek Mortgage Subsidy Program Faces High Demand, Forcing Borrowers to Weigh Fixed vs. Variable Rates

In Greece, a new subsidized mortgage program anticipates 20,000 applications, yet faces significantly higher demand; borrowers not securing the subsidy must choose between fixed and variable interest rates, demanding careful consideration of long-term affordability and risk.

Progress

36% Bias Score

Reduced Inequality
us.cnn.com
🌐 90% Global Worthiness
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Wildfires Exacerbate Southern California Housing Crisis

Recent Southern California wildfires destroyed an estimated 10,000 homes, exacerbating a pre-existing housing shortage and causing a surge in demand that is rapidly increasing rental and purchase prices, with realtors reporting 12-14 hour workdays due to the overwhelming demand.

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32% Bias Score

No Poverty
zeit.de
🌐 75% Global Worthiness
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Sachsen-Anhalt Homeownership Up Slightly, but Germany Lags in Europe

A new study reveals that while the number of homeowner households in Sachsen-Anhalt slightly increased to 484,626 in 2022, Germany's overall homeownership rate remains low compared to other European countries, impacting retirement security for many.

Progress

48% Bias Score

Reduced Inequality
faz.net
🌐 35% Global Worthiness
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Frankfurt's Stagnant Homeownership Rate Defies National Trend

In 2022, 19.7% of Frankfurt households (76,585) owned their homes, unchanged since 2011 despite a 34,000 household increase, contrasting with a nationwide decline and making it the lowest among major West German cities.

Progress

48% Bias Score

Reduced Inequality