{"id":116631,"date":"2020-05-24T17:37:06","date_gmt":"2020-05-24T10:37:06","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/most-ingredients-are-in-place-for-a-property-crash-later-this-year-larry-elliott\/"},"modified":"2020-05-24T18:11:10","modified_gmt":"2020-05-24T11:11:10","slug":"most-ingredients-are-in-place-for-a-property-crash-later-this-year-larry-elliott","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/most-ingredients-are-in-place-for-a-property-crash-later-this-year-larry-elliott\/","title":{"rendered":"Most ingredients are in place for a property crash later this year | Larry Elliott"},"content":{"rendered":"


\nRising unemployment is toxic for the property market and low interest rates may not be enoughThis weekend marks the start of a truncated summer house buying season, the moment the residential property market comes out of hibernation.Normally this happens at easter but, for obvious reasons, that has not been possible in 2020. Estate agents have been shuttered along with almost every other business, waiting impatiently for the lifting of the lockdown. This bank holiday weekend, with fine weather forecast, provides a chance to make up for lost time. Continue reading…
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\nSource : theguardian.com
\nRead more…Most ingredients are in place for a property crash later this year | Larry Elliott<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Rising unemployment is toxic for the property market and low interest rates may not be...<\/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-116631","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-ul9","jetpack-related-posts":[{"id":137242,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-property-market-lacks-spring-bounce-but-a-crash-is-unlikely-larry-elliott\/","url_meta":{"origin":116631,"position":0},"title":"UK property market lacks spring bounce but a crash is unlikely | Larry Elliott","date":"June 4, 2023","format":false,"excerpt":"\r It\u2019s reasonable to expect a fall in nominal house prices of at least 10%. That\u2019s a chunky fall \u2013 and a welcome oneApril is supposed to herald the start of a British ritual: the house-buying season. Traditionally, it is the time when demand for homes picks up and the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":92606,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/londons-property-prices-leads-to-exodus-of-early-30s-larry-elliott\/","url_meta":{"origin":116631,"position":1},"title":"London's property prices leads to exodus of early 30s | Larry Elliott","date":"June 27, 2018","format":false,"excerpt":"\r High housing costs has doubled the number of people in their 30s leaving the capitalLondon\u2019s expensive property prices are leading to an exodus of people in their early 30s from the capital, according to a report showing the economy of Britain\u2019s biggest city increasingly dominated by low-skill jobs.A report\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":110252,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dont-be-fooled-this-is-a-false-dawn-for-the-property-market-larry-elliott\/","url_meta":{"origin":116631,"position":2},"title":"Don't be fooled, this is a false dawn for the property market | Larry Elliott","date":"August 27, 2019","format":false,"excerpt":"\r Competition to sell mortgages is strong, but vendors are in no mood to cut and runThese are tough times to be an estate agent. A period of rocketing prices in the middle of the decade has made residential property expensive. Buyers are unable or unwilling to pay the prices\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":125843,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/policymakers-right-to-be-worried-as-uk-housing-boom-shows-no-sign-of-waning-larry-elliott\/","url_meta":{"origin":116631,"position":3},"title":"Policymakers right to be worried as UK housing boom shows no sign of waning | Larry Elliott","date":"April 17, 2022","format":false,"excerpt":"\r But situation needs looking at in global context because it is not a story of British exceptionalismEaster traditionally marks the start of the annual housebuying season but this year there has been no need for potential sellers to mow the lawn and give the living room a lick of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":51386,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/zero-house-price-inflation-is-to-be-welcomed-not-feared-larry-elliott\/","url_meta":{"origin":116631,"position":4},"title":"Zero house price inflation is to be welcomed not feared | Larry Elliott","date":"April 9, 2017","format":false,"excerpt":"\r Stalling property prices are a chance to rebalance the UK economy towards manufacturing and exportsReady to go house hunting? Tradition has it that no sooner have the hot-cross buns been buttered on Good Friday than potential buyers start the search for a new home. Estate agents look forward to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":68500,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-uk-housing-markets-perfect-storm-and-five-steps-to-avoid-it-larry-elliott\/","url_meta":{"origin":116631,"position":5},"title":"The UK housing market's perfect storm, and five steps to avoid it | Larry Elliott","date":"October 8, 2017","format":false,"excerpt":"\r With ownership plummeting, rents unaffordable and homelessness on the rise, action is needed to stave off a crashBritain\u2019s housing market is dysfunctional. The rate of home ownership is plummeting, and the average age at which people become owner-occupiers is rising. In London and other property hotspots, the rents are\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\/116631"}],"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=116631"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/116631\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=116631"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=116631"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=116631"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}