Escaping the housing trap: what the Carney budget reveals | The-14

Carney’s budget signals a shift from housing as a financial asset to a human right, aiming to curb speculation, boost productivity, and expand non-market homes.

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@forthy42 nah, the #RealEstateBubble in #China solely exists because too many high-ranking officials are invested in it and "higher, faster, wider, bigger" is the metrics at which the #CCP wants to be measured.

  • That being said the quality control really isn't up to spec.

https://www.youtube.com/watch?v=ed4ryYokLzU&t=401s

Why I Changed my Opinion on China

YouTube

As house prices continue to climb, so does the media’s hypocrisy. Outlets like Nine, which employs Ross Gittins, have a vested interest in rising property values through their ownership of Domain. This explains the lack of sustained pressure on any government to address the issue. Instead, we’re subjected to a constant stream of hollow complaints, while journalists collect their pay without confronting the real problem.

#houseprices #mediahypocrisy #vestedinterests #rossgittins #domain #realestatebubble #propertymarket #journalism #australianmedia

https://www.macrobusiness.com.au/2024/09/unending-housing-crisis-is-thanks-to-ross-gittins/?utm_medium=email&utm_campaign=Daily%20MacroBusiness%20-%20Feed&utm_content=Daily%20MacroBusiness%20-%20Feed+CID_7d251f1d6a2942c5af3c4e68dcc43495&utm_source=Email%20marketing%20software&utm_term=Unending%20housing%20crisis%20is%20thanks%20to%20Ross%20Gittins

Unending housing crisis is thanks to Ross Gittins

The only chart that matters in the endless housing debate is the following: As house prices rise, the media’s hypocrisy rises with it. The media, and especially Nine, employer of Ross Gittins, has a vested interest in house prices via its ownership of Domain. That is why there is no concerted pressure placed upon any

MacroBusiness

Company that was building giant #DominoBlocks in #China is now in "slow collapse". 🚬〽️

This could't of course happen in #Germany.

In fact: it isn't right now. Totally not!

#Evergrande #RealEstateBubble

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https://m.youtube.com/watch?v=92xrv3IiPlk

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Evergrande liquidation: What's behind China's biggest corporate fail ever | DW News

YouTube

The fact that we are treating homes as "the main driver of wealth for most Americans" is WHY it has become out of reach for so many. #RealEstate #economy #HomeOwnership #HousingMarket #HousingBubble #RealEstateBubble

https://www.washingtonpost.com/business/2023/08/12/millennial-home-buyers/

‘Unluckiest generation’ falters in boomer-dominated market for homes

The median age of a first-time homebuyer climbs to 36, industry data show, as high interest rates and asking prices further erode spending power.

The Washington Post

AXIOS: #ClimateChange means US #RealEstate is massively over valued... #OMG...Guess which state is overvalued by more than the next 5 states combined....

https://www.axios.com/2023/02/17/climate-change-real-estate-bubble

#WorldNews #News #USA #Florida #FloodRisk #RealEstateBubble #ExtreamWeather #FEMA #FloodZones #Insurance

The climate change real estate bubble risks billions

Overlooking flood risks in real estate prices could be extremely costly, a new study finds.

Axios
"#HomePrices have doubled in #Austria over the past decade, notching up double-digit annual growth rates in the eight last quarters. […] The banking lobby’s proposals include easing limits for younger first-home buyers who may have more means to repay loans." #RealEstateBubble
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RT @markets
Austrian banks are asking regulators to reconsider mortgage limits intended to tame an overheated property market https://trib.al/pS7c3N8
https://twitter.com/markets/status/1598385848923422729
Banks Want Review of Austria Loan Curb Hitting First-Home Buyers

Four months after the rules entered into force, Austrian banks are asking regulators to reconsider mortgage limits intended to tame an overheated property market.

Bloomberg