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Latest Property News, Aug 2009

Taxing times

American bankers living over here in London have been so put off by the high living costs and tax increases - those earning over £150,000 a year will be taxed at 50 per cent from April next year and nondoms will have to pay a large annual fee to retain their tax friendly status - that they are selling up and heading home...

Fri, Aug 28, 2009

Baggage limit slashed

Despite British Airways recently highlighting the ‘hidden charges' levied by other, more budget airlines, they are now introducing a charge of their own which will see travelers being forced to fork out up to £40 extra to check in a second bag on US-bound flights - and they are not the only ones - Delta, Continental, US Airways and American Airlines are also getting in on the act in a desperate bid to raise extra funds...

Fri, Aug 28, 2009

Top 10 us markets for 2009

The top ten US real estate markets for 2009 are not large metropolitan areas, but rather small communities with strong prospects for growth, so whilst they may not appreciate in the short term, they have the highest likelihood of long term appreciation. Check out the top ten list for what may be the best real estate markets to invest in for 2009...

Fri, Aug 28, 2009

Confessions of an italian

In what is a first in Italian politics, Berlusconi will take part in the procession of the Perdonanza. This ritual guarantees to the participants that are have honestly confessed and regret their sins a clean start - and full forgiveness...

Fri, Aug 28, 2009

Sales up in us

Almost a third of existing properties sold in the US in the last three months were either short sales or foreclosures, the latest figures show. But new property sales are up much higher than expected...

Fri, Aug 28, 2009

Big stink about nothing in capri

Officials in the Italian resort of Capri say a ban has been lifted on the island's Blue Grotto and that tourists can resume exploring its famed waters...

Fri, Aug 28, 2009

China outpacing competition

Not only is the Chinese residential property market soaring, but now the latest figures show that the country's commercial real estate sector is performing above expectations too...

Fri, Aug 28, 2009

Danger: pub crawls

Backpacker pub crawls in Australia are more subdued than their European counterparts because of much stricter security measures at hotels in this country...

Fri, Aug 28, 2009

Sa looking strong

The residential property market in South Africa appears to be coping with the global downturn although concerns about a rising number of foreclosures are increasing...

Fri, Aug 28, 2009

Auction franchise option

Spanish property auction firm Direct Auctions has announced the launch of its auction franchise programme...

Fri, Aug 28, 2009

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