{"id":119349,"date":"2020-11-26T01:24:24","date_gmt":"2020-11-25T18:24:24","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-local-councils-banned-from-making-risky-property-bets\/"},"modified":"2020-11-26T02:08:49","modified_gmt":"2020-11-25T19:08:49","slug":"uk-local-councils-banned-from-making-risky-property-bets","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-local-councils-banned-from-making-risky-property-bets\/","title":{"rendered":"UK local councils banned from making risky property bets"},"content":{"rendered":"<p>&#013;<br \/>\nCovid hit to asset values leaves authorities struggling after \u00a37bn borrowing spree&#013;<br \/>\n&#013;<br \/>\nSource : ft.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.ft.com\/content\/be8db50e-04c8-4ce3-aece-b5f4d92277ba\" target=\"_blank\">UK local councils banned from making risky property bets<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Covid hit to asset values leaves authorities struggling after \u00a37bn borrowing spree&#013; &#013; Source :&#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-119349","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-v2Z","jetpack-related-posts":[{"id":56944,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-councils-are-taking-huge-commercial-risks-dag-detter\/","url_meta":{"origin":119349,"position":0},"title":"UK councils are taking huge commercial risks | Dag Detter","date":"June 5, 2017","format":false,"excerpt":"\r Local government needs more professional management of all its assets, rather than a headlong dive into risky commercial venturesLocal councils in the UK are diving headlong into the commercial property market, acting as though they are private sector hedge funds \u2013 it\u2019s a role they\u2019re not set up for\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":52842,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bets-on-homelink-chinas-biggest-property-agent-are-risky-as-curbs-hit-home-sales\/","url_meta":{"origin":119349,"position":1},"title":"Bets on Homelink, China\u2019s biggest property agent, are risky as curbs hit home sales","date":"April 25, 2017","format":false,"excerpt":"\r While investors fall over themselves to plough money into estate agency Homelink Group, the poster child of China\u2019s secondary home market is seeing its business plunge as local governments tighten their restrictions on property sales. China Vanke pays 3b yuan for stake in secondary home agent Homelink Experts say\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":86266,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/councils-in-uk-sitting-on-us525m-earmarked-for-affordable-housing\/","url_meta":{"origin":119349,"position":2},"title":"Councils in UK sitting on US$525m earmarked for affordable housing","date":"April 23, 2018","format":false,"excerpt":"\r Local councils in England are sitting on hundreds of millions of pounds designated for affordable housing. A total of \u00a3375 million (US$525.27 million) is available, \u00a3100 million of which has not even been earmarked for a specific project. This is despite a survey last year for the Town and\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":52894,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-councils-build-a-credit-bubble\/","url_meta":{"origin":119349,"position":3},"title":"UK councils build a credit bubble","date":"April 25, 2017","format":false,"excerpt":"\r Fuelled by cheap state loans, local authorities are trying to plug the funding gap with property investments\r \r Source : ft.com\r Read more...UK councils build a credit bubble","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":87223,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-councils-buy-shopping-centres-as-retailers-struggle\/","url_meta":{"origin":119349,"position":4},"title":"UK councils buy shopping centres as retailers struggle","date":"May 6, 2018","format":false,"excerpt":"\r Authorities seek to raise revenues in face of squeezed budgets and revive town centres\r \r Source : ft.com\r Read more...UK councils buy shopping centres as retailers struggle","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":102036,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-councils-face-struggle-to-recoup-cladding-costs\/","url_meta":{"origin":119349,"position":5},"title":"UK councils face struggle to recoup cladding costs","date":"December 5, 2018","format":false,"excerpt":"\r Local authorities told to reclaim post-Grenfell costs from offshore funds that own freeholds\r \r Source : ft.com\r Read more...UK councils face struggle to recoup cladding costs","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/119349"}],"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=119349"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/119349\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=119349"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=119349"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=119349"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}