Lower Saxony asking rents jump 24.7% in five years as social housing stock shrinks by 40,000
Asking rents in the German state hit a record €9.69/m² in 2025, while nearly 40,000 social housing units have been lost since 2015, government data shows.
Paris City Council doubles vacant housing tax, aiming to free 20,000 homes for rental market
The measure, adopted on Saturday, will raise rates to 30% after one year and 60% after two, replacing a levy in place since 1999.
CHE survey: 27.9% of German students live with parents, but regional gaps are wide
A nationwide CHE survey of over 87,000 students finds 27.9% still live with their parents, while private flats and shared apartments are nearly as common. Regional differences are stark, from Saarland's 42.8% at home to Saxony's preference for solo renting.
Lower Saxony youth hostels hold steady as families book later and groups shrink
Three regional DJH associations in Lower Saxony report largely stable occupancy this summer, even as families book more spontaneously and group sizes contract.
Criminal investigation launched into Midtown Manhattan high-rise buckling as developer faces scrutiny
New York prosecutors and city investigators have opened a preliminary criminal inquiry into what caused two steel columns to buckle on the 21st floor of a former Pfizer building undergoing a large-scale office-to-residential conversion.