Global Scans · Real Estate · Weekly Summary

• [New] The U.S. House of Representatives passed the budget reconciliation bill, proposing to dismantle all of the tax credits that are creating momentum and opportunity for the U.S. electric vehicle (EV) industry. Electrification Coalition
• [New] The escalating cost of living in Lagos has driven many residents to seek more affordable housing in adjacent satellite communities while continuing to leverage economic opportunities in Lagos itself. PubMed Central (PMC)
• [New] Arizona's House of Representatives passed House Bill 2324 with a 34-22 vote to establish a State bitcoin and digital asset reserve capitalised with assets seized in criminal investigations. Crypto assets gain on geopolitical calm; US-China trade
• [New] From UN Habitat 2016, around 881 million people nowadays live in informal settlements in third world countries and additional 1.6 billion people will meet housing shortages by the year of 2025. Scribd
• [New] DOME will be the first microreactor test bed in the world and leverages existing infrastructure at Idaho National Laboratory to safely house and test fueled reactor experiments that produce up to 20 MW of thermal energy. Neutron Bytes
• [New] On Thursday, the US House of Representatives passed the 'big beautiful' bill that could increase national debt by $3.3 million, makes tax cuts for Trump's first presidency permanent, and cut Medicaid. FinExtra
• [New] Parliamentarians from Ghana, Nigeria and other African countries will join housing sector leaders to discuss legislations aimed at reviving outdated laws that will develop the real estate sector. Housing TV Africa
• [New] Last week, the House Appropriations Committee passed Republican-led agricultural legislation that could devastate the U.S.'s hemp-derived THC and CBD businesses. Shanken News Daily
• [New] The trend towards diversification within infrastructure and real estate could be called into question amid the new global reality in which both asset classes now operate. Real Assets
• [New] As China grows in power and influence, the U.S. will continue to pivot away from Europe, no matter who is in the White House. Washington Monthly
• An EV advocacy group urges the House to revise a bill that would end the EV tax credit, warning it would cede control of the transportation future to China. Digital Habitats
• A Potential Return Of Donald Trump To The White House And His Aggressive Trade Policies could Further Diversify Supply Chains Away From China. archyde
• The real estate sector is expected to provide strong, sustainable, and inclusive human settlements as India's demand for urban spaces is increasing rapidly. Springer Nature Singapore
• The U.S. House of Representatives has banned WhatsApp from official devices due to cybersecurity concerns, citing risks such as lack of transparency and stored data encryption. AMATAS
• California's moves, the Times optimistically suggested, could inspire other Democratic-led states to weaken their environmental regulations to address their housing shortages. Coffee & Covid 2025
• Dubai, alongside cities such as Bangkok and Kuala Lumpur, is identified as one of the markets best placed to deliver the most dynamic expansion opportunities in the near term, driven by rapid wealth creation, visitor appeal, and the ongoing development of high-quality luxury real estate. Kanebridge News
• More than just a transport corridor, Etihad Rail is expected to contribute Dh145 billion to UAE's GDP over 50 years, catalysing growth in logistics, trade, tourism, and - critically - real estate. Khaleej Times
• Across the United States, new affordable housing developments are breaking ground in major cities and small towns alike, offering hope to families struggling with rising rents and home prices. Fingerlakes1.com
• Arizona's House of Representatives has passed a new law called House Bill 2324. The Crypto Times
• The U.S. House of Representatives has officially banned WhatsApp from all government-issued devices, labeling it a high-risk app due to concerns about data transparency, lack of stored data encryption, and broader cybersecurity vulnerabilities. 5Side Strategy Substack
• The Arizona House of Representatives on Tuesday passed House Bill 2324, legislation focused on creating a state-managed reserve for Bitcoin and other digital assets obtained through criminal forfeiture. Crypto Briefing
• Shares of solar firms plummeted last month after the House passed a tax and spending bill that would end tax credits for wind and solar projects in 2029. Investopedia
• As 42% of the US population resides in shoreline counties, whether housing markets incorporate information on the risk of sea level rise (SLR) is of critical importance. NBER

Last updated: 12 July 2025