Proposal to counter rising housing costs still requires approval by state parliament
Berlin’s state cabinet has agreed on a rent freeze for five years to counter rising housing costs in the German capital.
The city’s leftwing coalition government wants to freeze the rent for apartments built before 2014, according to a report by the German news agency dpa.
Continue reading...Changes to the Inheritance Tax system could have far-reaching implications for homeowners Recent post-Budget analysis may have concentrated on the U-turn over National Insurance for the self-employed, but another tax change introduced on 6 April 2017 could have far-reaching implications for homeowners. This tax change means parents and grandparents are able to leave homes worth […]
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Candy’s investment vehicle may buy all of £2.3bn owner of Earl’s Court and Covent Garden sites
Multimillionaire property developer Nick Candy is considering a takeover bid for Capital & Counties (Capco), the FTSE-250 real estate company that owns much of Earl’s Court and Covent Garden in London.
Candy, 46, who developed the luxury One Hyde Park residential and retail complex in Knightsbridge with his brother, Christian, said his investment vehicle Candy Ventures was in “the early stages of considering” buying all of the shares of 85-year-old Capco.
Continue reading...More than 21,000 people applied to convert their vehicles into dwellings in the past year. This is why we need 21st-century council housing
Finally, an ingenious solution to a housing crisis that is sapping the quality of life of an entire generation: the humble van. More than 21,000 Britons applied to the DVLA in the past year – a rise of almost two-thirds in two years – to convert their van into a home. These can be furnished to include a shower, a bed, cooking facilities and a seating area. Apparently, some van homes even have hot tubs. With your cosy cubby-hole on wheels, you can escape the tyranny of a private rental sector defined by rip-off rents and a lack of security and roam the British landscape, unshackled, free!
Stop this – stop this immediately. This is yet another attempt to glamorise a national scandal, to dress up desperation at the inability of a wealthy society to provide one of the most basic needs of its citizens as kooky and fun. Will historians look back at this as a wacky, innovative trend, or will they write: “In 2019, citizens of the country with the sixth-biggest economy were forced to transform vehicles into places to live because of the lack of affordable housing”?
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