Archive for 'Real Estate'

Ten steps to release the pressure in Britain’s housing superbubble

Posted on 20. Apr, 2014 by .

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A “superbubble”, “record-breaking” and “disastrous” – official figures released last week showing that London house prices rose by almost 18% in the year to February had commentators reaching for the superlatives, and everyone else wondering where it would end. The figures from the Office for National Statistics came hot on the heels of data from […]

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Secret memo urged minister to steer Downsview Park plan to avoid a sell-off

Posted on 18. Apr, 2014 by .

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“In the absence of direction from you, (Canada Lands Co.) may be inclined to propose disposal of some or all of the property at the two urban parks, consistent with its mandate, or propose a commercially oriented use of the property,” she said. Article source: http://www.thestar.com/news/gta/2014/04/18/secret_memo_urged_minister_to_steer_downsview_park_plan_to_avoid_a_selloff.html

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Secondary home markets in Beijing and Shanghai diverge

Posted on 16. Apr, 2014 by .

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Article source: http://www.scmp.com/property/hong-kong-china/article/1482759/secondary-home-markets-beijing-and-shanghai-diverge

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China Property Collapse Has Begun

Posted on 15. Apr, 2014 by .

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Nothing is going right for Hangzhou at this moment.  Walmart will be closing its Zhaohui store in that city on April 23 as a part of its overall plan to dump marginal locations—about 9% of the total—in China. Thanks to the world’s largest retailer, another large block of space in Hangzhou, the capital of Zhejiang […]

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Taxes From A To Z (2014): Y Is For Yacht

Posted on 13. Apr, 2014 by .

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If you could live (or vacation) anywhere in the world, where would it be? If your idea of the perfect home is on the water, you’re in luck: the Internal Revenue Service doesn’t insist that you have a traditional main home – or second/vacation home -  in order to qualify for a tax break. In […]

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News Analysis: HK property market clouded by tightening measures, Fed tapering

Posted on 11. Apr, 2014 by .

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HONG KONG, April 11 — The government curbs and the U. S. Fed’s tapering have cast a pall on Hong Kong’s housing market, dampening demand and dragging transactions to a 23-year low. According to Centaline Property Agency, during the first quarter of the year, the number of real estate contracts fell 11 percent quarter on […]

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Aussie investors hitch ride on home building through ‘secondary exposures’

Posted on 09. Apr, 2014 by .

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SYDNEY (Reuters) – Investors wanting to profit from steadily increasing home construction in Australia without being overly exposed to the property sector’s volatility are loading up “secondary exposure stocks” such as paints and building material suppliers. Secondary exposure stocks are companies that benefit greatly when the housing sector does well yet are not wholly reliant […]

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Will Maria Miller pay tax on £1.4m house sale?

Posted on 07. Apr, 2014 by .

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The parliamentary authorities wrote to her warning that her “claim for crockery may be considered excessive” and reduced the sum paid. Between 2005 and 2009, she also claimed parliamentary expenses to pay a mortgage on the Wimbledon house. Those claims stopped in 2009, the year The Telegraph began its disclosures about MPs’ expenses, which included […]

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Belmont Secondary land sold to Sobeys for mixed-use development

Posted on 06. Apr, 2014 by .

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Sobeys, the grocery corporation which owns Thrifty Foods, has been announced as the buyer of the property Belmont secondary school currently calls home. Sobeys has purchased the 21-acre property for $23,250,000 and has had a rezoning application approved by the City of Langford to allow for a mixed-use development on the site. “We are thrilled […]

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Aussie investors hitch ride on home building through ‘secondary exposures’

Posted on 04. Apr, 2014 by .

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SYDNEY, April 4 (Reuters) – Investors wanting to profit from steadily increasing home construction in Australia without being overly exposed to the property sector’s volatility are loading up “secondary exposure stocks” such as paints and building material suppliers. Secondary exposure stocks are companies that benefit greatly when the housing sector does well yet are not […]

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