Trending News

Reforms in Foreign Investment Ensures Better Policies on Property Purchases

An increase on penalties from $90,000 to $135,000 for serious breaches of real estate laws is included in the said reforms. Lawyers who deliberately help foreign investors break investment rules, conveyancers, selling agents and migration agents will also be subject to civil and criminal penalties.

Property Check: Housing Affordability Falls in the United States

It stands out that the housing affordability in the United States is falling. According to an earlier report by propertywire.com, “Housing affordability at a national level in the United States is down from a year ago and is struggling to keep pace with the growth of home prices.”

Property Check: UK Housing Demand Reaches 11 Year High

It’s a good day for home developers and investors alike since the UK housing demand is surging higher.