London faces plunging home prices as remote work continues
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London faces plunging home prices as remote work continues

ByNews Polite

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines The City of London is grappling with a dramatic slump in property values, leaving investors and homeowners questioning the future of this once-thriving residential hotspot. After years of steady growth, with property prices climbing 40.5% between 2013 and 2022, the City, located in…

New home sales plummet 17% to 2-year low amid high mortgage rates
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New home sales plummet 17% to 2-year low amid high mortgage rates

ByNews Polite

Sales of new US single-family homes dropped to the lowest level in nearly two years in October, likely as a rise in mortgage rates drove buyers to the sidelines and hurricanes disrupted activity. New home sales plunged 17.3% to a seasonally adjusted annual rate of 610,000 units last month, the lowest level since December 2022,…

US single-family homes need over hundred thousand dollars a year
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US single-family homes need over hundred thousand dollars a year

ByNews Polite

Americans need to earn nearly $108,000 a year to afford a single-family home in most cities now, according to a new economics report. Oxford Economics revealed this week that a household in 2024 needs an average annual income of $107,700 to afford a new single-family home, including property taxes and…

Indian students give Canada cold shoulder as Ottawa, New Delhi butt heads | Migration News

Indian students give Canada cold shoulder as Ottawa, New Delhi butt heads | Migration News

ByNews Polite

Kolkata, India – For the past several years, Manpreet Singh has been dreaming of going abroad for higher studies. The 22-year-old Sikh, a resident of Moradabad in Uttar Pradesh state, chose Canada as his destination as that is where many of the Sikh diaspora is settled. But the current diplomatic…

NYC’s beloved Elizabeth Street Garden gets stay of eviction as activists fight to ‘protect and preserve’
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NYC’s beloved Elizabeth Street Garden gets stay of eviction as activists fight to ‘protect and preserve’

ByNews Polite

Manhattan’s beloved Elizabeth Street Garden got a lifeline Friday when a judge granted a stay of eviction sought by activists of the greenspace while they appeal the city’s decision to build affordable housing at the site, according to the group. The appellate court’s decision to pause the eviction and demolition…

Rent control battle in California heats up, opposing investors pump money | Housing

Rent control battle in California heats up, opposing investors pump money | Housing

ByNews Polite

Reyna Aguilar was working as a chef in a restaurant in San Francisco’s Mission neighbourhood when the COVID pandemic struck. The restaurant shut within months, leaving Aguilar worrying about how she would make rent on the studio apartment she had lived in for nearly a decade. When the government announced…

Choosing to be child-free in an ‘apocalyptic’ South Asia | Demographics

Choosing to be child-free in an ‘apocalyptic’ South Asia | Demographics

ByNews Polite

Zuha Siddiqui is currently designing her new house in Karachi, creating a blueprint for her future life in Pakistan’s largest metropolis. Her parents will live in the downstairs portion of this house, “because they’re growing old, and they don’t want to climb stairs”, she says. She will live in a…

‘Decades of failure’: Who has UK’s Grenfell Tower fire inquiry blamed? | Construction News

‘Decades of failure’: Who has UK’s Grenfell Tower fire inquiry blamed? | Construction News

ByNews Polite

The Grenfell Tower fire, which killed 72 people in June 2017, was the result of “an unedifying merry-go-round of buck passing” and “systematic dishonesty and greed”, a damning, 1,700-page final report on the disaster, published on Wednesday, has concluded. Inquiry chair Sir Martin Moore-Bick made a blistering public statement alongside…