California’s rent control rejection might point to national appetite for different approach – Daily News

California’s rent control rejection might point to national appetite for different approach – Daily News

Robbie Sequeira | (TNS) Stateline.org California voters this month trounced a proposal to lift statewide restrictions on local rent control, signaling to other left-leaning states that similar caps on skyrocketing rents might be an uphill climb. It was, in fact, the third time Californians have said no. The measure’s defeat disappointed tenant advocates who argue … Read more

Mortgage rates could remain high after Trump win — here’s why

Mortgage rates could remain high after Trump win — here’s why

Mortgage rates look poised to stay stubbornly high following Donald Trump’s White House win – despite the Federal Reserve’s interest rate cuts and the president-elect’s pledges to cut homebuyers a break. After Trump’s sweeping win on Wednesday, 30-year fixed mortgage rates briefly surged before settling at 6.98% the next day, according to Mortgage News Daily. On … Read more

LA approves stronger law against tenant harassment — with each violation costing $2,000

LA approves stronger law against tenant harassment — with each violation costing ,000

By JOSE HERRERA The Los Angeles City Council on Wednesday approved a package of changes to its law against tenant harassment, strengthening protections for renters and preventing bad-faith evictions. The city adopted its Tenant Anti-Harassment Ordinance in 2021, banning landlords from harassing tenants and making such violations a criminal offense. The policy has had limited … Read more

Micro apartment, granny flat: What affordable housing looks like for Asia-Pacific millennials

Micro apartment, granny flat: What affordable housing looks like for Asia-Pacific millennials

Real estate developers like Spilytus are building micro flats in sought-after areas, such as Ebisu and Nakameguro. This explains their popularity among young people, who like living in prime locations at reasonable rents, said Keisuke Nakama, the company’s president. Spilytus, which has been developing these shoeboxes for a decade, reported an occupancy rate of 99 … Read more

LA council expands eviction protections to rental units being remodeled – Daily News

LA council expands eviction protections to rental units being remodeled – Daily News

“My substantial remodel ordinance will close a loophole that allowed for an eviction process, even if the tenant was in good standing,” Councilman Bob Blumenfield said in a statement. Subscribe to continue reading this article. Already subscribed? To login in, click here. Read original article here Denial of responsibility! Pioneer Newz is an automatic aggregator … Read more

Ambuja Cements clocks highest quarterly revenue of Rs 7,516 crore in Q2

Ambuja Cements clocks highest quarterly revenue of Rs 7,516 crore in Q2

Ahmedabad: Ambuja Cements, the cement and building material company of the diversified Adani Group, on Monday, reported the highest quarterly revenue of Rs 7,516 crore in Q2 FY25, up 1 per cent (year-on-year). The company saw volume growth of 9 per cent YoY, at 14.2 million tonnes per annum (MTPA), the highest volume in the … Read more

Where to find housing on the ballot

Where to find housing on the ballot

Living in Colorado, for many, means spending a lot of time worrying about how to make the rent or the mortgage — or whether they’ll ever be able to buy a home. Housing costs have been on a long and sometimes sharp climb throughout the state. In Colorado Springs, home prices have risen 119% since … Read more

India looks to build much-needed low-cost homes in Mumbai, but challenges persist

India looks to build much-needed low-cost homes in Mumbai, but challenges persist

MUMBAI: Labourer Joginder Kumar lives in his father-in-law’s cramped home, located in a slum on the outskirts of India’s most populous city. He earns less than US$200 a month – a meagre salary that must sustain his wife and child as well. He also cannot afford to rent a place for them, let alone buy … Read more

Record 2.25 lakh housing units sold in India in Jan-Sep, equity investments surge

Record 2.25 lakh housing units sold in India in Jan-Sep, equity investments surge

New Delhi: The Indian housing market saw over 225,000 units being sold during the first nine months of the year, demonstrating strong performance in absolute terms, according to a new report. The sustained positive sentiment in the housing market has encouraged developers to launch new projects and additional phases, resulting in approximately 215,000 new units … Read more

Denver ballot has sales taxes, fur ban, police, collective bargaining

Denver ballot has sales taxes, fur ban, police, collective bargaining

Denver voters have another hefty ballot on their hands in the November election: Three double-sided pages await them in envelopes that began arriving over the weekend. Beyond school district matters, statewide amendments and propositions, congressional races and the U.S. presidency, Denver voters have nine citywide ballot questions that would change municipal code or the city … Read more