Paula Bennett, the Local Government minister in New Zealand has called for innovative steps to ensure public participation in undoing archaic rules and regulations, reports NZ Herald. The reformist minister hit out at the hard rules choking citizens even in silly matters like signage for cake stalls or position of shower curtains.
American talk show host Ellen DeGeneres is $15 million richer after she sold her modernist Brody mansion in Los Angeles Westside to Napster co-founder Sean Parker in an off-market deal for a staggering $55 million.
“The Block” is reportedly set to film next season at the infamous Hotel Saville, where self-proclaimed vampire prostitute Shane Chartres-Abbott allegedly raped and murdered his victim in 2002.
With his next fight still about 6 months away, Filipino boxing champion Manny Pacquiao is taking the lull in training to sell one of his numerous assets - a Hancock Park mansion in Los Angeles, California.
Some Australians could no longer afford the soaring cost of homes in their countries that they could end up as lifetime tenants. And they could partly blame the rich Chinese property investors who snapped up $24 billion worth of real estate Down Under the past seven years.
Kourtney Kardashian and her husband Scott Disick reportedly purchased the house of former NFL star Keyshawn Jones in Calabasas, CA., just a few doors away from Justin Bieber's house in the same neighborhood.
Hong Kong real estate tycoon is offering HK$1 billion ($120 million) to anyone who will marry his lesbian daughter and can make her steer away from lesbianism.
It doesn’t matter if Michael Jordan’s 56,000 square foot 7-acre mansion didn’t sell at the auction that took place on Dec. 16, he is really determined to get rid of it.
As if he really needs a lot of money, NBA superstar Michael Jordan will not take anything less than $13 million for his 56,000 square foot mansion in Chicago, reported by TMZ.
Michael Jordan's $29 Million 56,000 square foot mansion auction was reportedly rescheduled on Dec. 16, 2013. According to Concierge Auctions, the company responsible for putting up "Air" Jordan's house, the demand for the said mansion has increased so much in the last few days, with a lot of inquiries from potential buyers asking about it that they decided to postpone the previously scheduled Nov. 22, 2013 auction to Dec. 16, 2013.
Angelina Jolie knows where to put her money’s worth. The A-list star has found the heart-shaped island a perfect birthday gift for her fiancé, Brad Pitt.
NBA Legend Michael Jordan is selling his 56,000 square foot mansion.
We went to our first house auction on the weekend. We wanted to see just how 'hot' this market is. It was a beautiful sunny day in Melbourne, and there was a small crowd gathered around the 'cosy' (read small) two bedroom weatherboard St Kilda home.
New England Patriots quarterback Tom Brady and his wife, supermodel Gisele Bundchen, are now reportedly living the high life -- literally -- as they reportedly bought a condominium unit at one of New York's poshest addresses.
NSW home owners can now easily gauge market interest for their property without committing to sell by registering with Nextforsale.com.au, an online platform launched this week.
Australia remains one of the most sought-after countries on international property portal TheMoveChannel.com. Sydney, Perth and Melbourne are all high on the wish list of Down Under destinations. But what makes Australian real estate a smart investment?
Australia's property debate is turning into an all-out war. The property spruikers are taking a beating from all sides these days. How times have changed.
The Federal Reserve's surprising decision to keep QE going at its current rate is still front page news. While the US fiddles with monetary policy to meddle with house prices, the Australian government is set to interfere with banks in order to manipulate mortgage lending. If you've been reading the Daily Reckoning for a while, you know we are sceptical that government action like this produces the intended outcome.
You'll never guess the lead story on Bloomberg this morning. 'Australia Gold Coast Homes at 50% Below 2010 Lure Buyers'. A snazzy photo of the Gold Coast as seen from the Q1 Observation Deck featured.
A 15.43% rise Taiwan's Lutheran home price index during the year to end-Q2 2013, (14.52% inflation-adjusted) follows four years of unbroken house price increases, according to Sinyi Real Estate Planning and Research. The latest quarter was spectacular too: the home price index rose a record 7.45% (7.33% inflation-adjusted) in Q2 2013.
Financial types aren't known for their boxing prowess. But economist Saul Eslake took to the metaphorical ring this week and, with straight lefts and right hooks, beat Australia's housing policy to a pulp.
Australia is consistently one of the most popular destinations for property on TheMoveChannel.com. The country's sunny weather and relaxed lifestyle has long been a big draw for overseas buyers looking for a new life Down Under.
Thinking of investing in a serviced apartment? Here's a quick synopsis of why it's a good idea.
The priciest house in Australia has a $60 million price tag.
Construction of new government buildings in China will be taking a backseat in the next five years as part of latest measures to curb unnecessary spending and corruption in the whole country.
The world of construction and architecture is abuzz now that China had begun building what could topple Dubai's Burj Khalifa and become the world's tallest structure.
Australia's housing market is showing signs of recovery, backed by lower interest rates and improving affordability. The house price index for 8 capital cities rose by 2.6% (0.1% in real terms) during the year to Q1 2013, according to the Australian Bureau of Statistics (ABS). It was the second consecutive quarter with a nominal y-o-y increase, after a series of price drops since Q2 2011.
Brazil remains one of the world's strongest housing markets, though house price increases are decelerating sharply. Brazil's composite FIPEZAP house price index rose by 11.9% (5.1% inflation-adjusted) during the year to end-May 2013, lower than the year-on-year increase of 19.9% seen over the same period last year.
Dubai made another world record last week with the opening of the Cayan Tower, the tallest twisted edifice built at the soaring cost of $272 million.
The property market is slowly recovering as the mortgage lender announced that the UK saw home price increase mildly in May. In fact, the country witnessed the fastest annual rate in 18 months as official initiatives started bearing fruits.
