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26 04 2012 |
NEARLY a quarter of Spain’s workforce—and roughly half of Spain’s young people—have no jobs. Unemployment rates in Austria, Germany and the Netherlands, by contrast, are dramatically lower. When Americans are faced with depressed labour markets, many saddle up in search of work. But Europeans are far less likely to uproot, both within borders and, especially, across them (see chart). There is an obvious reason for that: Europe’s linguistic diversity. Language matters. In Canada, for example, mobility is much higher across the...
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25 04 2012 |
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Affordable homes are being demolished, while the budget for new builds is halved and the building industry stagnates The attempt by the London borough of Newham to rehouse homeless families in Stoke is a reflection of a broken housing policy. The cap on housing benefit will inevitably lead to displacement of moderately paid and poor people from inner cities, where private landlords are profiteering from the acute undersupply of social housing. Benefit cuts are justified with the urban myth of the feckless and undeserving living in luxury at...
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25 04 2012 |
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Q My husband is a UK citizen and before we got married he owned a property. I have never owned a property, but I am not a UK citizen. Are we entitled to a first-time buyer mortgage? If I count as a first-time buyer, from the point of view of the mortgage does it count how much I earn by myself or how much we earn together? We have a joint account. VG A You don't have to be a UK citizen to have a mortgage in the UK, but you do need to be a permanent resident here, which I assume you are. As...
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25 04 2012 |
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There are many reasons for investors to be optimistic about the prospects of Malaysia's real estate sector.
Writing for The Star Online, managing director of SDB Properties Teh Lip Kim explained the country's housing market is "still relatively underpriced" in comparison to other south-east Asian nations like Singapore, Indonesia and Hong Kong.
He added property prices in Malaysia are likely to continue to rise, despite the government discussing measures to slow growth down.
One proposal is to increase the minimum amount foreigners have to...
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25 04 2012 |
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Brittany is a good option for buyers seeking real estate in France due to the current pricing in the region.
This is the assertion of Town & Country Property France, with Richard Dannreuther, a spokesperson from the firm, explaining the value of homes in the area has stabilised recently, with "plenty of bargains to be had".
"The lower end of the market is very buoyant and those who don't have a restricted budget can make the most of a huge selection of Brittany properties," he concluded.
In a recent blog post, the company...
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