HSBC is moving its UK headquarters from Canary Wharf back into the City of London as it adjusts to the impact of hybrid work on its office space needs. This could signal the reverse of the 1990s trend of banks moving out of the City in search of buildings more suited to modern banking. The City’s “Square […]
Emea
The impact of homebuying red tape on the supply of rental homes in England
My wife and I went pillow shopping on Oxford Street over the weekend – doing our bit for brick-and-mortar retail (you’re welcome, kind reader). On the way home, we were switching from London’s Elizabeth Line to the Overground when, to our bemusement, a fellow commuter decided to await their friend at the foot of the […]
Existential Crisis at RICS?
The average member of the RICS – the institution that regulates standards, values, and protocols across the profession – must be holding their heads in their hands right now. Has the leadership just shot itself in the foot again, or is it going to prove a lot more serious than last time? I fear it […]
Stock of UK care home beds set to decline
In recent years the stock of care home beds has barely increased in the UK. Whilst there has been new supply created from new developments, and the very occasional repurposing of former other-use facilities, these have only just about kept pace with the rate of closure of old homes. The care homes that have closed […]
Five parts of the economy that are hit when house prices fall
UK house price growth is slowing. While prices rose 1.2% in June compared to last year, this is down on May’s 1.9% growth, according to property website Zoopla. Its house price index – which forecasts a 5% fall in house prices this year – also shows that 42% of sellers are now accepting offers of more […]
How building more backyard homes, granny flats and in-law suites can help alleviate the housing crisis
To many people, the image of a nuclear family in a stand-alone house with a green lawn and white picket fence still represents a fulfillment of the American dream. However, this ideal is relatively new within a broader history of housing and development in the U.S. It’s also a goal that has become increasingly unattainable. As […]
The European Super League has not gone away…
Don’t dismiss the ESL so lightly. And IOC should poll not pontificate. ‘Laughable’, ‘all hot air’, ‘flimsy’, a ‘walking corpse’. So has English football, on a mostly unattributable basis, dismissed the attempt to breathe new life into the European Super League concept which unravelled so swiftly and spectacularly two years ago. But sat on this […]
What cricket can teach us about the mind’s experience of time – and how to deal with anxiety
Bowlers playing for England and Australia in the current Ashes cricket series are collectively meant to deliver at least 540 balls each day (that’s 90 overs of six balls each – more if they bowl any no-balls or wides). If one side’s bowlers cannot capture all ten wickets in one day, they must toil on into the […]
Beleaguered property
After years of asset price growth underpinned by ultraloose monetary policy, the party for commercial property seems to be over. A confluence of adversity is hitting the sector. First came lockdowns with the locking up of customers that would otherwise frequent leisure, retail and office facilities. Tenants were statutorily protected from contractual obligations to pay […]
Home Advantage: A new centre-right vision for housing
I was dismayed when the Spring Budget was announced to realise that it made almost no mention of housing. Besides a few pounds spent on a couple of homes for veterans and some funding of questionable significance to support clearer routes for housing developers to deliver “nutrient neutral” sites to meet planning obligations – funding […]