Rental Property
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China unveils package to boost property sector
Central bank eases lending requirements and lowers downpayments to ease years-long slowdownFinancial Times - World - China -
China moves to revive stricken property sector
Also in this newsletter: main UK political parties ramp up campaigning, US-built pier in Gaza opens for aid, science round-upFinancial Times - World - China -
The Properties High Interest Rates Can't Touch
Competition to buy the world’s most exclusive stores is intense despite modest rent growth.The Wall Street Journal - World -
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FirstFT: Investors pull money from Starwood $10bn property fund
Also in today’s newsletter, Shein switches IPO plans from New York to London and Pfizer hopes to settle thousands of lawsuitsFinancial Times - World -
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China eases mortgage rules in latest push to aid property sector
China’s financial regulators said Friday that they would remove the mortgage rate floors for first and second homes, and lower minimum downpayment ratios for first-time homebuyers.MarketWatch - Business - China -
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China pledges $42 billion in a slew of measures to support the struggling property sector
Chinese authorities on Friday pledged new support for state-owned enterprises to enable them to buy unsold apartments.CNBC - Business - China -
China pledges $42 billion in a slew of measures to support the struggling property sector
Chinese authorities pledged new support for state-owned enterprises to enable them to buy unsold apartments, in an effort that could help developers get more funding to finish construction on pre-sold properties.NBC News - Top stories - China -
China to cut mortgage rates as part of plan to prop up property market
Local authorities will be allowed to turn unsold homes from developers into affordable housing. China will cut mortgage rates and allow local authorities to turn unsold homes from developers into affordable housing, in a series of drastic measures ...The Guardian - World - China -
Corporate Japan’s $77bn in property gains offer target for activists
Non-real estate companies recorded big increase in property book values in 2023, according to Goldman SachsFinancial Times - World - Japan -
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U.K.’s largest property developer says office tap-ins up 18%
Higher interest rates knocked £625 million off the value of Landsec’s office portfolioMarketWatch - Business -
China rolls out new measures to fix its property crisis, spur growth
China has announced fresh measures to revive its ailing property industry after the latest data showed housing prices slumped further in AprilABC News - World - China -
China's sweeping measures to prop up the property sector will need time to show results
China's sweeping moves on Friday to increase support for real estate will take time to show results, analysts said.CNBC - Business - China -
My husband spent $85,000 on repairs to my house before we were married. Does the house remain separate property? What happens if I die?
“My will, created before my 2021 marriage, states that my home should go to my children.”MarketWatch - Business