Housing Affordability & Protests: Thousands marched in Tenerife demanding action on a worsening housing crisis, with organizers blaming an investment-first model and tourism-driven pressure on rents and prices. Rent Relief: New York’s Rent Guidelines Board voted against rent hikes for many rent-stabilized leases, a major win for tenants and Mayor Zohran Mamdani. Foreign Ownership Rules: Saudi developer Jabal Omar plans to sell 400 hotel residential units and reshape its Makkah project after new regulations expand non-Saudi property ownership in designated zones. Developer Accounting Watch: India’s Prestige Estates said it has about Rs 65,000 crore of unrecognized revenue and is discussing switching revenue recognition methods, while targeting Rs 35,000–36,000 crore in pre-sales. Tech + Real Assets: Ukraine’s prosecutor says seized crypto proceeds were used to buy real estate and other assets, marking the first time the state took control of seized virtual assets. Energy Shock & Cities: A global oil-price spike is spotlighting car-dependent city vulnerability, with fuel costs hitting household budgets hard. AI Infrastructure: A reported Google-Meta Gemini dispute highlights compute bottlenecks that could shape Europe’s AI and, indirectly, future data-center demand. Property Market Snapshot: Philadelphia-area listings show what about $405,000 can buy, with older “character” homes still drawing attention.