The top decision-making body of the Chinese parliament said Saturday it will roll out a pilot real estate tax in some regions, the official Xinhua News Agency reported.

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Rushad Irani​ says his family is living in a partially-finished Auckland home because the Master Builders Association had dragged its feet on paying out on its faulty building repair guarantee.

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New housing rules supported by both Labour and National will allow up to three homes of up to three storeys to be built on most sites without the need for a costly and frustrating resource consent. It’s a far cry from the quarter acre paradise New Zealand was built on. Virginia Fallon visits the history, and future of, New Zealand’s quarter acre dream.

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Arc Onehunga is one of a host of new apartment developments springing up in the established inner-Auckland suburb, but it has one key difference: it is a purpose-built rental-only complex.

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Hotel sales are likely to set new records this year, and the pandemic has not dampened prices, according to Colliers International.

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The Standing Committee of the National People’s Congress, China’s top legislature, on Saturday adopted a decision to authorize the State Council to pilot property tax reforms in certain regions.

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China’s government land sales slumped for the second month in a fast-cooling property sector as cash-strapped developers stayed on the sidelines, adding pressure on local authorities dependent on such auctions for income.

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Low-rise homes with lawns, shrubs, and double garages.

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