Here’s where it takes new homeowners almost 40 to 50 years to break even on buying a house

Britain’s housing shortage and weak economic growth stem from decades of restrictive planning policy rather than a lack of available land, according to a new report from the Institute of Economic Affairs (IEA). The briefing argues that the country’s inability to build sufficient homes, commercial property and infrastructure has become a major barrier to economic…

China gold buying spree continues in July as reserves climb for a 21st consecutive month !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}

“Full House” creator Jeff Franklin is once again on the hunt for a buyer for his infamous Beverly Hills mansion—relisting the sprawling property for the eighth time in four years, this time with a $5 million price cut. The property, which has sinister ties to the Charles Manson murders, was initially put on the market…

Tidal Real Estate Partners is “waving” hello to the opportunity to convert a Savannah, Ga., multifamily building into a Margaritaville-branded hotel. The New York City development firm just  sealed $113 million of bridge debt to recapitalize and repurpose the 2023-built Ann Street Lofts property into the 230-key Margaritaville Hotel Savannah, Commercial Observer has learned SEE…

The Family Building Society has announced the appointment of Kirsty Dancer as a business development manager (BDM) covering the East and West Midlands. Dancer has joined from Vitality Life and Health, where she was also a BDM. With some 20 years of experience in financial services, Dancer began her career in banking at NatWest,…

Key insight: The Bank of New York Mellon’s raised its full-year guidance, signaling sustained confidence that its push into AI deployment and on-chain financial infrastructure is translating into durable earnings momentum. Expert quote: “The way one gets disintermediated is when you don’t invest, when you don’t participate in the new thing.” — CEO Robin Vince…