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It seemed like a far-left fantasy — not a serious idea but something to titillate the base: on page 38 of Zohran Mamdani’s housing plan, a program to give tenants part-ownership of their buildings. But last week his housing commissioner, Dina Levy, said the administration is having “really interesting conversations” with for-profit real estate firms…
Owning a little house on a plot of land is synonymous with the American dream—a sign of prosperity and social mobility. Affectionately known as the starter home, it was seen as the first rung on the property ladder and tended to be smaller and less expensive. “Conceptually, a starter home is one that is purchased…
Specialist property finance brokerage Word On The Street arranged more than £108m in property finance in 2025-26, a record for the firm. This was a 62% annual growth in the value of business over 239 cases, a 130% year-on-year increase in the number of cases facilitated by the firm. Word On The Street also posted a 75% jump in…
Key Takeaways Economic growth is stronger than headline GDP suggests. Private sector activity currently outpaces GDP, which has been dragged down by net exports. The labor market is tight, not strong. Worker scarcity should keep jobs growth cooling and unemployment low. » Inflation likely peaked in May. Led by fading energy costs and cooling housing…
In late July, 2025, 30yr fixed rates embarked on an excellent adventure, moving down from 6.75% on July 31st to 5.99% by late February, 2026. Since then, things haven’t been great thanks to war-related fuel price drama and stronger econ data (the supreme court ruling on tariffs didn’t help either, because it increased Treasury issuance…
The recent chip sell-off presented a buying opportunity, and open-source AI models should drive more memory demand, analysts say
Charles Schwab reported earnings that topped estimates on Tuesday, driven by retail investor trading. Firm leaders also said a small percentage of revenue is driven by a tax-advantaged long-short investment strategy popular with advisors, even as they noted continued demand for the offering. As a result of that investor trading splurge, Schwab reported a record…
Private investments could account for roughly 6% of defined contribution plan assets — or about $1.1 trillion — by 2030, according to a Deloitte analysis. A more conservative scenario, the firm projected, would result in allocations of roughly $200 billion. Processing Content If private investments such as private equity, private credit and other alternatives do…
Angela Rayner has been reappointed as Housing Secretary following Andy Burnham’s appointment as Prime Minister, marking a return to the role she previously held before resigning over a tax issue related to a property transaction. Burnham, who officially became Prime Minister yesterday, confirmed Rayner’s appointment late last night as he assembled his first Cabinet. Rayner…
Changes to the ownership structure of Purplebricks parent company Strike have emerged following Companies House filings, alongside overdue annual accounts for both entities. Charles Dunstone, the billionaire founder of Carphone Warehouse, is no longer listed personally as a person of significant control at Strike, according to documents filed yesterday. Instead, his investment vehicle Freston Ventures…