Housing Policy & Tax Reform: South Korea’s President Lee says real estate tax restructuring is coming around July, with holding-tax changes aimed at curbing speculation and unlocking supply, plus tweaks to the jeonse lease market and more middle-class rental housing. Affordability Pressure: A UN World Cities Report flags worsening global housing affordability, with a growing shortfall (288M units in 2023) and renters hit hardest as prices rise faster than incomes. Local Governance & Housing Delivery: Auckland councillors are being urged to keep apartment zoning along bus corridors closer to the CBD under “Scenario B,” a scaled-back approach to Plan Change 120. Rent Regulation & Costs: Abu Dhabi has suspended rent increases on lease renewals, while Dubai’s Salik toll charges will add 5% VAT from June. Enforcement & Misuse: Ibiza authorities imposed a near €800,000 fine on an illegal holiday let operator after inspectors found tourist use without the required licence. Market Signals: Perth’s median time to sell has nearly doubled (houses 14 days, units 13 days in May), as more listings meet tighter buyer sentiment after rate rises. Investment & Finance: Australia’s federal budget is drawing concern from property investors, with warnings that disincentives could push rents higher and complicate first-home saving. Tech & Real Estate: BrickMark X and financial.com plan a hybrid tokenized real-world-asset platform, starting in Europe with expansion planned for the UAE. Corporate Housing Expansion: SilverDoor opened its first dedicated Shanghai office as China demand reportedly doubled year-on-year. Public Housing Controversy: NSW’s Waterloo South redevelopment has sparked backlash after fencing began on the first block of 150 homes, with tenants saying they were not informed.