The Chancellor made a wide range of housing announcements in his Autumn Statement and Spending Review.
What has been announced?
Our inaugural Global Tax Report, produced in conjunction with EY, assesses the impact of property and tax costs for a foreign investor who purchases a US$1m and US$10m property in 15 key cities around the world.
With concerns about a potential interest-rate hike in the US and the spillover effect from China’s economic slowdown to Hong Kong, the outlook for the local housing market has turned bearish in recent months.
According to the Land Registry, in August, the number of residential transactions in Hong Kong decreased 27.8% from the previous month to settle at 3,896.
The ASEAN Economic Community (AEC) is set to commence at the end of this year.
The home ownership rate in France overtook Britain’s for the first time in 2014 according to new data from Eurostat, the EU’s statistics agency.
A subject of recent interest to us (and covered in the recent Country Review) is examining the distribution of housing transactions throughout England and Wales (excluding London).
Bond is back.