Hampton Court Palace is a royal palace in the borough of Richmond upon Thames, 12 miles (19.3 kilometres) south west and upstream of central London on the River Thames. Building of the palace began in 1515 for Cardinal Thomas Wolsey, a favourite of King Henry VIII. In 1529, as Wolsey fell from favour, the cardinal gave the palace to the King to check his disgrace; Henry VIII later enlarged it. Along with St James’s Palace, it is one of only two surviving palaces out of the many owned by King Henry VIII. read more…
(Latest update: 9 March 2020) From May 23 to 26, 2019, the European elections took place. By far the biggest surprise is that, despite Brexit, the United Kingdom took part in the elections because the country voted to leave the EU by a very small majority, but ultimately was not able to find the exit in time. The motto “Brexit means Brexit” is obviously not as easy to implement as the Brexiteers falsely propagated before the referendum, because the political camps define the exit very differently, making the inner-British process of exit preparations look grotesque, comedic, outrageous, outlandish to ludicrous and leaves the country deeply divided. Although it has been reported more frequently that participation in the United Kingdom’s European elections could be seen as a second Brexit referendum, it is more likely that the British outside Greater London used the election as a “rage vote” to slap the Tories and Labour for various reasons, while the biggest liar on the part of Brexiteers, Nigel Farage (besides Boris Johnson, Jacob Rees-Mogg and others), emerged as the winner of the election. A result that is just as unbelievable as the entire Brexit preparations on the part of the British. read more…
(Latest update: 22 August 2022) First, there is not THE real estate market – not national and certainly not international. In fact, the market situation is very fragmented due to the general conditions, in other words, many individual markets, collectively referred to as “the market”. Metropolitan Area A faces different challenges than Metropolitan Area B and Metropolitan Area C can not even understand what A and B are talking about. Where there is comparability, is the housing situation in the “affordable segment” in urban centers in all western EU states, the US and Canada. This is where the call for the state, which should intervene regulatively, quickly becomes louder. In free market economies, however, this is on the one hand not wanted and therefore on the other hand, only limited possible. That’s pretty okay, because the market is inherently profit-oriented and that’s just what it will stay, otherwise investment incentives for new construction would sooner or later be completely absent. The “rental price brake” (Mietpreisbremse) exemplifies the problem. At the same time, more and more social housing is being let out of the rental price brake without replacement investment being made. In the following, single aspects are examined in more detail using the example of Germany, whereby the scenarios also apply to other western countries such as the EU states, the US, the United Kingdom, Canada, Australia, New Zealand, but also, e.g., to Dubai and Abu Dhabi in the United Arab Emirates, Hong Kong, Singapore, Seoul in South Korea, Tel Aviv in Israel and other emerging metropolitan regions around the world. read more…
(Latest update: 9 March 2020) From May 23 to 26, 2019, the European elections took place. By far the biggest surprise is that, despite Brexit, the United Kingdom took part in the elections because the country voted to leave the EU by a very small majority, but ultimately was not able to find the exit in time. The motto “Brexit means Brexit” is obviously not as easy to implement as the Brexiteers falsely propagated before the referendum, because the political camps define the exit very differently, making the inner-British process of exit preparations look grotesque, comedic, outrageous, outlandish to ludicrous and leaves the country deeply divided. Although it has been reported more frequently that participation in the United Kingdom’s European elections could be seen as a second Brexit referendum, it is more likely that the British outside Greater London used the election as a “rage vote” to slap the Tories and Labour for various reasons, while the biggest liar on the part of Brexiteers, Nigel Farage (besides Boris Johnson, Jacob Rees-Mogg and others), emerged as the winner of the election. A result that is just as unbelievable as the entire Brexit preparations on the part of the British. read more…
(Latest update: 22 August 2022) First, there is not THE real estate market – not national and certainly not international. In fact, the market situation is very fragmented due to the general conditions, in other words, many individual markets, collectively referred to as “the market”. Metropolitan Area A faces different challenges than Metropolitan Area B and Metropolitan Area C can not even understand what A and B are talking about. Where there is comparability, is the housing situation in the “affordable segment” in urban centers in all western EU states, the US and Canada. This is where the call for the state, which should intervene regulatively, quickly becomes louder. In free market economies, however, this is on the one hand not wanted and therefore on the other hand, only limited possible. That’s pretty okay, because the market is inherently profit-oriented and that’s just what it will stay, otherwise investment incentives for new construction would sooner or later be completely absent. The “rental price brake” (Mietpreisbremse) exemplifies the problem. At the same time, more and more social housing is being let out of the rental price brake without replacement investment being made. In the following, single aspects are examined in more detail using the example of Germany, whereby the scenarios also apply to other western countries such as the EU states, the US, the United Kingdom, Canada, Australia, New Zealand, but also, e.g., to Dubai and Abu Dhabi in the United Arab Emirates, Hong Kong, Singapore, Seoul in South Korea, Tel Aviv in Israel and other emerging metropolitan regions around the world. read more…
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