Category : Search result: housing market slump


Indian Minister's 'Buy Australian Homes' Remark Sparks Fury

Indian Commerce Minister Piyush Goyal faces backlash after suggesting wealthy Indians could purchase Australian properties to ease pressure on the local housing market, a comment labelled 'tone-deaf' during a severe affordability crisis.

Build Your Own Home For A £30,000 Discount

The UK government launches a groundbreaking scheme allowing families to secure massive discounts on new homes by contributing 'sweat equity' through construction work. Discover how this initiative tackles the housing crisis and empowers aspiring homeowner

£10,000 Bonus for New Homeowners in Govt Scheme

Exclusive: New homeowners could receive a life-changing £10,000 bonus under a radical government proposal to boost property ownership and slash mortgage costs. Find out if you qualify.

Elon Musk's UK asylum seeker luxury housing claim sparks row

Tech billionaire Elon Musk ignites a political firestorm by alleging on X that UK asylum seekers are being housed in luxury townhouses worth £300,000, complete with underfloor heating and electric vehicle charging points, directly challenging the governme

UK House Prices See Sharpest Annual Drop Since 2011

New data from Nationwide reveals UK house prices fell by 5.3% annually in December 2023, marking the most significant decline in over a decade as higher mortgage rates continue to dampen the property market.

Rayner to sanction councils blocking housing developments

Deputy PM Angela Rayner unveils a major crackdown on English local authorities that obstruct housing development, threatening financial penalties and potential government intervention to tackle the housing crisis.

Family's horror in Ealing Council's rat-poo infested flat

A homeless family with a newborn baby has been left in despair after Ealing Council placed them in temporary housing riddled with rat droppings, damp, and severe disrepair, sparking outrage and calls for immediate action.

NZ House Price Crash: Could It Happen in the UK?

New Zealand's house prices are in a dramatic freefall, dropping over 15% from their peak. We analyse the global economic forces behind the crash and what it means for property markets worldwide, including the UK.

Vulnerable at risk as UK housing support slashed

Charities sound the alarm as government cuts to housing vouchers and soaring rents threaten to leave thousands of vulnerable Britons, including families and the elderly, without a home. A perfect storm of policy failure and economic pressure is pushing th

Family's £275k new-build home has 150+ defects

A young family's dream of homeownership has turned into a financial and emotional nightmare after their brand new £275,000 property was found to be riddled with over 150 severe defects, rendering it unsafe to live in.

Over 500,000 New Homes Blocked by English Councils

A damning new report uncovers that local councils in England have rejected plans for more than 500,000 new homes in the last five years, severely exacerbating the national housing shortage and pricing out a generation.

Amsterdam's Squatter Wars: Property Battle Erupts

A fierce conflict is raging on the streets of Amsterdam as Dutch homeowners and squatters clash over a controversial new law. Discover how the city's housing crisis has escalated into open confrontation.

US Home Prices Crash: Sellers Slash Prices in Major Cities

Exclusive analysis reveals a dramatic surge in property price reductions across the United States, with nearly half of all cities experiencing significant declines. Sellers are forced to make steep cuts as high mortgage rates and economic uncertainty cool

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