{"id":104933,"date":"2019-03-12T15:18:00","date_gmt":"2019-03-12T08:18:00","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/we-will-see-a-clear-negative-wealth-effect-in-australia-economist\/"},"modified":"2019-03-12T16:06:25","modified_gmt":"2019-03-12T09:06:25","slug":"we-will-see-a-clear-negative-wealth-effect-in-australia-economist","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/we-will-see-a-clear-negative-wealth-effect-in-australia-economist\/","title":{"rendered":"We will see a 'clear' negative wealth effect in Australia: Economist"},"content":{"rendered":"


\nDavid Bassanese of BetaShares says the wealth effect is already in play in Australia. He notes that consumer spending has been weak following a decline in house prices.
\n
\nSource : cnbc.com
\nRead more…We will see a ‘clear’ negative wealth effect in Australia: Economist<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

David Bassanese of BetaShares says the wealth effect is already in play in Australia. He...<\/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-104933","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-rit","jetpack-related-posts":[{"id":123845,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-home-prices-to-fall-in-2022-as-stock-market-slump-creates-negative-wealth-effect-morgan-stanley-says-marking-a-halt-in-citys-decade-long-real-estate-bu\/","url_meta":{"origin":104933,"position":0},"title":"Hong Kong\u2019s home prices to fall in 2022 as stock market slump creates \u2018negative wealth effect\u2019, Morgan Stanley says, marking a halt in city\u2019s decade-long real estate bull run","date":"December 16, 2021","format":false,"excerpt":"\r The prices of Hong Kong\u2019s lived-in homes may decline in 2022, reversing 13 years of gains, as a plunge in the stock market has created a \u201cnegative wealth effect\u201d on investors and speculators, Morgan Stanley said.Overall prices may fall by 2 per cent next year, the US bank\u2019s equity\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":110711,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wealth-in-australia-now-determined-by-how-many-assets-you-own\/","url_meta":{"origin":104933,"position":1},"title":"Wealth in Australia now determined by how many assets you own","date":"September 13, 2019","format":false,"excerpt":"\r An Australian's wealth was once determined by their employment status, the type of job they had and how much money they made.But in 2019, there's a new five-tier measure of wealth based on how many assets you own, according to a...\r \r Source : nzherald.co.nz\/Property\r Read more...Wealth in Australia\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171226,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/single-women-see-homeownership-as-a-wealth-building-tool-economist-says-but-buying-remains-a-challenge\/","url_meta":{"origin":104933,"position":2},"title":"Single women see homeownership as 'a wealth-building tool,' economist says, but buying remains a challenge","date":"March 26, 2026","format":false,"excerpt":"\r For years, single men who were first-time homebuyers had higher annual income than their female counterparts, according to the National Association of Realtors.\r \r Source : cnbc.com\r Read more...Single women see homeownership as 'a wealth-building tool,' economist says, but buying remains a challenge","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":103042,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/economist-expect-house-prices-in-australia-to-fall-further\/","url_meta":{"origin":104933,"position":3},"title":"Economist: Expect house prices in Australia to fall further","date":"January 17, 2019","format":false,"excerpt":"\r Gareth Aird of the Commonwealth Bank says weakness in house prices in Australia is expected to continue, particularly in Sydney and Melbourne, but should bottom out \"sometime\" in 2019.\r \r Source : cnbc.com\r Read more...Economist: Expect house prices in Australia to fall further","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":46973,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rba-expected-to-hold-steady-economist\/","url_meta":{"origin":104933,"position":4},"title":"RBA expected to hold steady: Economist","date":"March 7, 2017","format":false,"excerpt":"\r Ivan Colhoun, chief economist at National Australia Bank, says the Reserve Bank of Australia has to balance household debt levels with inflation.\r \r Source : cnbc.com\r Read more...RBA expected to hold steady: Economist","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":146757,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/former-sunak-adviser-urges-labour-to-introduce-wealth-tax-on-housing\/","url_meta":{"origin":104933,"position":5},"title":"Former Sunak adviser urges Labour to introduce wealth tax on housing","date":"August 17, 2024","format":false,"excerpt":"\r The economist behind the Covid furlough scheme has called for \u2018unfair\u2019 council tax and stamp duty to be axed in EnglandCouncil tax and stamp duty are \u201cunfair and unpopular\u201d English taxes that should be abolished, says the economist who devised the Covid furlough scheme.Tim Leunig, who has advised a\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\/104933"}],"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=104933"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/104933\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=104933"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=104933"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=104933"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}