{"id":104897,"date":"2019-03-11T19:01:41","date_gmt":"2019-03-11T12:01:41","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/australias-record-high-housing-prices-were-driven-by-low-interest-rates-central-bank-study-shows\/"},"modified":"2019-03-11T21:08:55","modified_gmt":"2019-03-11T14:08:55","slug":"australias-record-high-housing-prices-were-driven-by-low-interest-rates-central-bank-study-shows","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/australias-record-high-housing-prices-were-driven-by-low-interest-rates-central-bank-study-shows\/","title":{"rendered":"Australia\u2019s record high housing prices were driven by low interest rates, central bank study shows"},"content":{"rendered":"<p>&#013;<br \/>\nThe boom in Australian home prices and building over the past decade or so was primarily driven by lower real interest rates, while strong migration tended to lift rents, according to a study paper from the country\u2019s central bank.The research model from Reserve Bank of Australia (RBA) economists Trent Saunders and Peter Tulip also suggested that a further reduction in real rates could revive home prices after recent weakness.At their peak, prices in Sydney more than doubled between 2008 and\u2026&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/article\/2189470\/australias-record-high-housing-prices-were-driven-low-interest-rates\" target=\"_blank\">Australia\u2019s record high housing prices were driven by low interest rates, central bank study shows<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; The boom in Australian home prices and building over the past decade or so was&#46;&#46;&#46;<\/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-104897","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-rhT","jetpack-related-posts":[{"id":29467,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/australian-housing-risk-overstated-and-central-bank-unlikely-to-cut-rates-says-treasurer\/","url_meta":{"origin":104897,"position":0},"title":"Australian housing risk \u2018overstated\u2019 and central bank unlikely to cut rates, says Treasurer","date":"October 11, 2016","format":false,"excerpt":"\r Australia\u2019s Treasurer Scott Morrison has insisted the debate on Australia\u2019s housing market is prone to exaggeration, even as Sydney property prices rise anew, and indicated he does not see much appetite at the central bank for further cuts in the nation\u2019s already record-low interest rates. There\u2019s \u201cno evidence\u201d the\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":130477,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/australias-house-prices-fall-interest-rates-soar-but-analysts-say-theres-no-crash-yet\/","url_meta":{"origin":104897,"position":1},"title":"Australia&#039;s house prices fall, interest rates soar but analysts say there&#039;s no crash yet","date":"September 30, 2022","format":false,"excerpt":"\r Mortgage rates have fallen to below 2% in recent years, but interest rates are rising rapidly in Australia as the central bank looks to tame inflation.\r \r Source : cnbc.com\r Read more...Australia's house prices fall, interest rates soar but analysts say there's no crash yet","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":95499,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sydneys-house-price-slump-means-australian-interest-rates-will-stay-on-hold\/","url_meta":{"origin":104897,"position":2},"title":"Sydney\u2019s house price slump means Australian interest rates will stay on hold\u00a0","date":"August 6, 2018","format":false,"excerpt":"\r Sydney\u2019s bubbly house prices are sinking and have been tipped to fall for at least another year, pushing the central bank even further to the sidelines. Given Australia\u2019s tepid wages, tame inflation, rangebound currency and exposure to a global trade war, Reserve Bank of Australia governor Philip Lowe and\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":91730,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/a-look-ahead-for-australias-housing-market\/","url_meta":{"origin":104897,"position":3},"title":"A look ahead for Australia&#039;s housing market","date":"June 19, 2018","format":false,"excerpt":"\r David Bassanese of BetaShares Capital says the general trend for Australia's housing market is lower prices for now, with a potential central bank interest rate hike next year bringing further headwinds.\r \r Source : cnbc.com\r Read more...A look ahead for Australia's housing market","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":29769,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/is-australias-house-price-boom-over\/","url_meta":{"origin":104897,"position":4},"title":"Is Australia&#039;s house price boom over?","date":"October 13, 2016","format":false,"excerpt":"\r Apartment prices in Melbourne could fall nine percent by mid-2019, a report said. The median house price in Sydney is expected to remain broadly flat over the next three years, after soaring 56 percent during the last four years, reported Bloomberg citing a QBE Insurance Group report. This comes\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":137878,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/egypt-central-bank-holds-interest-rates-unchanged\/","url_meta":{"origin":104897,"position":5},"title":"Egypt central bank holds interest rates unchanged","date":"June 23, 2023","format":false,"excerpt":"\r The bank cited signs of decline in commodity prices and a recovery in economic growth for its decision\r \r Source : arabianbusiness.com\r Read more...Egypt central bank holds interest rates unchanged","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2023\/06\/Central-Bank-of-Egypt-1000x667-1.jpg?fit=1000%2C667&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/104897"}],"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=104897"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/104897\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=104897"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=104897"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=104897"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}