Bloomberg reports on two abandoned palaces in a “swathe of untended jungle” in the heart of Singapore, that could be worth US$3.5bn if they were ever sold for development.
The FT reports on investors being caught out in the capital’s off-plan market…
“This will be hugely politically unpopular, until it becomes obvious that the housing market is entrenching intergenerational inequality and ossifying the economy”
“The Anti-Stampers’ case is compelling, but the challenge is finding a replacement that people will not hate just as much”, writes Nathan Brooker in this piece for the FT…
‘There is simply no escaping the fact that wealth is far more difficult to tax than income,’ argues Jan Zeber in The Spectator.
The Guardian’s architecture critic Oliver Wainwright rails against esoteric planning rules that have allowed ‘a new breed of needle-like tower’ to punch through the New York skyline.
Has anything changed since the FT’s sexual harassment exposé?
The FT’s Thomas Hale has written an interesting piece (with lots of sums), arguing that the traditional lifetime escalation from a first-time buyer’s flat to a family-sized house is now ‘a myth that young people cling to, without any basis in reality’.
South China Morning Post: If you’re going to buy a house in Hong Kong, live in it, warns tycoon Li Ka-shing
Amin Taha – of that Clerkenwell property – chats with the FT’s Dominic Lutyens about ‘living under threat of the wrecking ball.’
City AM’s “Hot Property” Editor Melissa York explores the popularity of Portland limestone, asking whether high costs and the push for higher building density mean its days are numbered in the capital
“Why should Brexit lead to a housing collapse,” asks Ross Clark as he takes a bullish stance in The Spectator.