Budget Shock (Australia): Labor confirmed property tax promises are broken in Budget 2026, with investors set to be hit as tax breaks for property investors change. Market Mood (US/UK): In the US, existing-home sales stayed flat in April as affordability and mortgage-rate pressure linger; in the UK, house prices slipped again as mortgage rates rose. Affordability Signal (California): California affordability hit a four-year high, with more buyers able to qualify as prices eased and rates improved. Local Friction (India): Mahagun homebuyers in Ghaziabad protested delayed flats, while Noida residents at Great Value Sharanam flagged structural and infrastructure failures. Policy & Privacy (US): Newport, Rhode Island, weighed Flock license-plate cameras amid privacy concerns. Risk Reality Check: A Canadian heritage story shows homeowners can face massive bills if archaeology is found on their land. Property Spotlight: A UK Mansfield townhouse is on sale around £170k, while Tel Aviv’s new-home sales are reportedly nearly frozen.