{"id":73315,"date":"2017-11-30T08:34:56","date_gmt":"2017-11-30T01:34:56","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/san-francisco-returns-street-to-homeowners-reversing-tax-default-sale-to-couple-slammed-as-speculators\/"},"modified":"2017-11-30T09:02:54","modified_gmt":"2017-11-30T02:02:54","slug":"san-francisco-returns-street-to-homeowners-reversing-tax-default-sale-to-couple-slammed-as-speculators","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/san-francisco-returns-street-to-homeowners-reversing-tax-default-sale-to-couple-slammed-as-speculators\/","title":{"rendered":"San Francisco returns street to homeowners, reversing tax default sale to couple slammed as \u2018speculators\u2019"},"content":{"rendered":"


\nA block of homeowners that failed to pay a US$14 tax for decades will nevertheless get to keep the private garden islands and gated street that adjoins their mansions, San Francisco officials decided Tuesday, as they reversed a tax default sale for the first time in the city\u2019s history.
\nTina Lam and Michael Cheng, the San Jose couple who had bought Presidio Terrace for US$90,000 at an auction and hoped to rent or sell it back to the residents blasted the decision as favouritism.
\nA US…
\n
\nSource : South China Morning Post
\nRead more…San Francisco returns street to homeowners, reversing tax default sale to couple slammed as \u2018speculators\u2019<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

A block of homeowners that failed to pay a US$14 tax for decades will nevertheless...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-73315","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-j4v","jetpack-related-posts":[{"id":76086,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/homeowners-should-brace-themselves-for-rising-mortgage-rates-as-curbs-on-speculators-continue\/","url_meta":{"origin":73315,"position":0},"title":"Homeowners should brace themselves for rising mortgage rates as curbs on speculators continue","date":"January 9, 2018","format":false,"excerpt":"\r Mainland homebuyers could face higher financing costs this year as lenders are expected to raise mortgages rates to curb housing speculation, and help with the country\u2019s nationwide efforts to slash debt. In 35 major cities, average mortgage rates for first-time homebuyers rose to 5.38 per cent in December, up\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":7736,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/stop-whacking-pensions-and-benefits-hit-property-instead\/","url_meta":{"origin":73315,"position":1},"title":"Stop whacking pensions and benefits \u2013 hit property instead","date":"March 12, 2016","format":false,"excerpt":"\r In America it\u2019s a super-generous tax break \u2026 no capital gains tax when you sell your main home but only if it has not gone up by more than \u00a3175,000There is a tax break that Americans cherish, but were the same thing introduced in Britain it would spark a\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":73521,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/homeowners-trapped-by-fleecehold-the-new-cash-cow-for-developers\/","url_meta":{"origin":73315,"position":2},"title":"Homeowners trapped by \u2018fleecehold\u2019 \u2013 the new cash cow for developers","date":"December 2, 2017","format":false,"excerpt":"\r They own the freehold but are forced to pay often escalating estate management fees with no accountabilityThousands of homeowners on private estates are facing unregulated and uncapped maintenance fees, amid allegations that developers have created a cash cow from charging for communal areas not maintained by the council.Management contracts\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":54661,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/labour-vows-to-crackdown-on-property-speculators\/","url_meta":{"origin":73315,"position":3},"title":"Labour vows to crackdown on property speculators","date":"May 14, 2017","format":false,"excerpt":"\r Labour leader Andrew Little will announce policies aimed at spoiling the party for property speculators in his keynote speech at Labour's election year Congress today, including tightening tax loopholes for property investors.Little...\r \r Source : nzherald.co.nz\/Property\r Read more...Labour vows to crackdown on property speculators","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":92676,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/these-are-the-cities-where-homeowners-made-the-most-money-selling-their-homes-last-year\/","url_meta":{"origin":73315,"position":4},"title":"These are the cities where homeowners made the most money selling their homes last year","date":"June 28, 2018","format":false,"excerpt":"\r Homeowners in West Coast cities such as San Francisco, Los Angeles and\u00a0San Jose, California, made the most money selling their homes in 2017.\r \r Source : cnbc.com\r Read more...These are the cities where homeowners made the most money selling their homes last year","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122906,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-oceanwides-creditors-seize-control-of-stalled-san-francisco-skyscraper-after-developers-us334-million-default\/","url_meta":{"origin":73315,"position":5},"title":"China Oceanwide\u2019s creditors seize control of stalled San Francisco skyscraper after developer\u2019s US$334 million default","date":"October 30, 2021","format":false,"excerpt":"\r China Oceanwide Holdings\u2019 real estate troubles are mounting in the US, with credit holders taking control of a stalled skyscraper development in San Francisco.Overseas credit holders of Oceanwide\u2019s two offshore units have taken over their entire holdings in the project, the developer said in a Shenzhen Stock Exchange filing.\u2026","rel":"","context":"In "Property 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