{"id":101388,"date":"2018-11-16T06:27:00","date_gmt":"2018-11-15T23:27:00","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/billionaire-stephen-ross-condos-in-big-cities-are-overbuilt-and-higher-rates-arent-helping\/"},"modified":"2018-11-17T00:04:48","modified_gmt":"2018-11-16T17:04:48","slug":"billionaire-stephen-ross-condos-in-big-cities-are-overbuilt-and-higher-rates-arent-helping","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/billionaire-stephen-ross-condos-in-big-cities-are-overbuilt-and-higher-rates-arent-helping\/","title":{"rendered":"Billionaire Stephen Ross: Condos in big cities are 'overbuilt' and higher rates aren't helping"},"content":{"rendered":"


\nThere’s an oversupply of luxury condominiums in most major cities and rising interest rates are making it harder for buyers to make deals, the developer says.
\n
\nSource : cnbc.com
\nRead more…Billionaire Stephen Ross: Condos in big cities are ‘overbuilt’ and higher rates aren’t helping<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

There’s an oversupply of luxury condominiums in most major cities and rising interest rates are...<\/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-101388","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-qni","jetpack-related-posts":[{"id":101322,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/billionaire-developer-stephen-ross-housing-markets-are-overbuilt-in-most-parts-of-the-country\/","url_meta":{"origin":101388,"position":0},"title":"Billionaire developer Stephen Ross: Housing markets are 'overbuilt' in most parts of the country","date":"November 16, 2018","format":false,"excerpt":"\r \"It could [get worse] because there is a lot of supply,\" the New York developer warns.\r \r Source : cnbc.com\r Read more...Billionaire developer Stephen Ross: Housing markets are 'overbuilt' in most parts of the country","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":111929,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/will-weworks-woes-affect-hong-kongs-overbuilt-co-working-sector\/","url_meta":{"origin":101388,"position":1},"title":"Will WeWork\u2019s woes affect Hong Kong\u2019s overbuilt co-working sector?","date":"October 26, 2019","format":false,"excerpt":"\r A quick glance at WeWork\u2019s Hong Kong website gives a glimpse into the co-working company\u2019s operations in the city. The start-up operates eight hubs in key business districts, plans to open four more by the year-end and has recently signed leases for another three.WeWork\u2019s runaway expansion in Hong Kong\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":80150,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/major-apartment-developer-there-is-an-acute-crisis-headed-our-way\/","url_meta":{"origin":101388,"position":2},"title":"Major apartment developer: 'There is an acute crisis headed our way'","date":"February 16, 2018","format":false,"excerpt":"\r Concerns mount over an overbuilt luxury market and a shortage of affordable rental housing.\r \r Source : cnbc.com\r Read more...Major apartment developer: 'There is an acute crisis headed our way'","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":163164,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/soho-china-tycoon-zhang-xin-buys-nyc-land-for-luxury-condos\/","url_meta":{"origin":101388,"position":3},"title":"Soho China tycoon Zhang Xin buys NYC land for luxury condos","date":"October 23, 2025","format":false,"excerpt":"\r Zhang Xin, a Chinese property billionaire whose co-founded company Soho China was behind many projects that gave Beijing its futuristic skyline, has acquired land in a prestigious residential neighbourhood in New York City for a luxury condominium development. Manhattan-based Closer Properties, led by Zhang, acquired five adjacent parcels on\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":107383,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/celebrity-surgeon-went-all-in-on-180-million-bel-air-mansion-then-came-the-high-end-housing-glut\/","url_meta":{"origin":101388,"position":4},"title":"Celebrity surgeon went 'all in' on $180 million Bel Air mansion, then came the high-end housing glut","date":"May 22, 2019","format":false,"excerpt":"\r The high-end real estate market is suffering, with a glut of overbuilt and overpriced mansions in many of the country's most affluent ZIP codes.\r \r Source : cnbc.com\r Read more...Celebrity surgeon went 'all in' on 0 million Bel Air mansion, then came the high-end housing glut","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":94041,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/around-1000-private-condos-snapped-up-due-to-fear-of-missing-out\/","url_meta":{"origin":101388,"position":5},"title":"Around 1,000 private condos snapped up due to fear of missing out","date":"July 16, 2018","format":false,"excerpt":"\r Home buyers in Singapore rushed to acquire private residential properties hours before the latest property cooling measures took effect on Thursday night (5 July), reported TODAYonline. Overall, about 1,000 private condo units were snapped up in less than five hours before the clock struck midnight at Park Colonial in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/101388"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=101388"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/101388\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=101388"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=101388"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=101388"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}