The push by Denver Mayor Mike Johnston to move 1,000 homeless people off the streets by year’s end gained new urgency Tuesday as city officials detailed a schedule of coming encampment closures. And they confirmed that it will be converted hotels — not the micro-community sites in neighborhoods that have attracted the heaviest pushback — … Read more
“I will not accept a homelessness crisis that afflicts more than 40,000 Angelenos and affects every one of us. It is a humanitarian crisis that takes the life of five people every day. … There will be no holding back on my watch.” So said Karen Bass one year ago, as she declared a local … Read more
West Australian building company Modco Residential has entered voluntary administration, blaming rising costs and the media for its downfall. The WA building regulator, Building and Energy, warned the public to be “cautious” when dealing with the company because it had significant reason to believe it was under financial stress, with several court cases launched against … Read more
Australian mortgage holders can breathe a sigh of relief with the Reserve Bank holding steady on interest rates in consecutive months for the first time in more than a year. The RBA board met on Tuesday and decided not to hike the cash rate, mirroring the July decision. WATCH THE VIDEO ABOVE: New data shows … Read more
Luxury properties in the Kensington and Chelsea district of London, UK, on Monday, Aug. 21, 2023. Jason Alden | Bloomberg | Getty Images The U.K. property market has been a rollercoaster for renters and prospective homeowners alike for over a year now. Rents soared throughout 2022 and 2023 as supply and demand imbalances led to … Read more
Many households are on the verge of abandoning their home insurance policies, as new research has found about 1.24 million Australians are facing insurance affordability stress. It comes off the back of home insurance premiums having risen 28 per cent, or $414, to $1894 in the past 12 months, being the biggest hike in two … Read more
HOUSTON — The apartment complex where Teresa Eddins now lives is so quiet that “you can hear a pin drop” at night, she says — a stark contrast to the constant noise she withstood while living beneath a bridge two years ago. She was one of the first people who moved into a former hotel in … Read more
Mortgage holders can breathe a sigh of relief with the Reserve Bank of Australia holding steady on interest rates for a third consecutive month. But the outgoing governor has warned that an uncertain financial outlook could force the central bank’s hand in the near future. The RBA board met on Tuesday and decided against hiking … Read more
LAKEWOOD — Gov. Jared Polis unveiled his vision for housing and public transit for the final three years of his term Thursday, a roadmap focused on the governor’s plan to tackle the interlocking crises of affordability and climate change through land-use reform and improved planning. The “Roadmap to Colorado’s Future: 2026” lays out six broad … Read more
Adelaide builder Qattro has been placed into voluntary administration, with the company’s boss blaming the COVID-19 pandemic for its demise. Qattro’s managing director Bradley Jansen said he had “exhausted all options” to try to help the company recover post-pandemic, only for supply chain issues and labour shortages to hamper his efforts. “I have made significant … Read more
