Consumer News
Chicago renters, condo buyers could get protections
Renters and condominium buyers in Chicago would get more protection from developers under a plan unveiled Thursday by Mayor Richard Daley, who acknowledged that it comes too late to protect people who had problems during the real estate boom that preceded the recession.
Real Estate: The (Short) Reign of the Renter Is OverDaniel P. Tucker WNYC 01.09.2010 | Home owners face four years of negative equityMyra Butterworth The Telegraph 31.08.2010 |
 Months of free rent! No broker’s fees! Reduced monthly rent! Last year, Manhattan was a renter’s paradise. But the market has shifted, and today, renters are no longer running the show. |  Home owners who bought at the height of the property boom face another four years of negative equity before they recover what they paid, new figures reveal today. |
Singapore announces policies to cool bullish housing marketStaff Reporter 31.08.2010 | Singapore to Restrict Housing, Foreign WorkersCOSTAS PARIS And GAURAV RAGHUVANSHI The Wall Street Journal 30.08.2010 |
 Following price rises of 34% in the 12 months to June (according to Global property Guide), the Singapore government has imposed restrictions on second-home buyers in an attempt to cool the market. Much of the demand in Singapore has been driven by wealthy mainland Chinese investors looking to diversify as both China and Hong Kong have already acted to slow-down burgeoning domestic property markets. |  SINGAPORE—Singapore announced Monday measures to cool the property market as the island state's rapid economic recovery fuels growth in property prices. |
First-time home buyers 'fall sharply' AFP 30.08.2010 | Homes shortage drives up rents Oxford Mail 30.08.2010 |
 LONDON — The number of people trying to buy their first home dipped sharply in the past twelve months, a report said on Monday. |  RENTS across Oxfordshire are rising because of a shortage of homes available to let, a survey has found. |
Houses vs. Condominiums in the PhilippinesHarry Dobell Stock Marketing Review 28.08.2010 | |
 Hundreds of prospective property buyers in Northern Ireland have been thrown a lifeline after a landmark legal judgment ruled that a man who had agreed to purchase a flat during the property price boom cannot be forced to honour the contract. |  According to many Filipinos, condominiums are some of the best types of housing in the Philippines today. |
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