{"id":120135,"date":"2021-02-02T22:23:45","date_gmt":"2021-02-02T15:23:45","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/house-prices-are-falling-for-the-super-rich-but-thats-no-use-for-the-rest-of-us-arwa-mahdawi\/"},"modified":"2021-02-02T23:05:34","modified_gmt":"2021-02-02T16:05:34","slug":"house-prices-are-falling-for-the-super-rich-but-thats-no-use-for-the-rest-of-us-arwa-mahdawi","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/house-prices-are-falling-for-the-super-rich-but-thats-no-use-for-the-rest-of-us-arwa-mahdawi\/","title":{"rendered":"House prices are falling for the super-rich \u2013 but that\u2019s no use for the rest of us | Arwa Mahdawi"},"content":{"rendered":"<p>&#013;<br \/>\nWith a baby on the way, my partner and I need a bigger place. But despite all the talk of coronavirus \u2018killing\u2019 the city, ordinary homes have never been less affordableHello? I would like to speak to the manager of the pandemic please. I was promised cheap real estate, goddammit. I was told Covid had killed cities and nobody wanted to live in them any more. I was told urban property prices would plummet. Well, it sure seems like someone forgot to tell house prices. Last time I checked \u2013 and I check multiple times a day \u2013 major cities are still majorly unaffordable.To be fair, prices have fallen in New York\u2019s ultra-luxury market. But do I care if an apartment that once cost $20m now costs $17m? No \u2013 this information is irrelevant to my lifestyle. Rents have also dropped from extremely exorbitant to just exorbitant. But every time I Google \u201chouse prices\u201d, I am greeted with headlines such as \u201chouse prices hit record highs\u201d. The price of an average house in London, for example, is almost 10% higher than this time last year and has just topped \u00a3500,000 for the first time. Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/commentisfree\/2021\/feb\/02\/house-prices-are-falling-for-the-super-rich-but-thats-no-use-for-the-rest-of-us\" target=\"_blank\">House prices are falling for the super-rich \u2013 but that\u2019s no use for the rest of us | Arwa Mahdawi<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; With a baby on the way, my partner and I need a bigger place. But&#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-120135","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-vfF","jetpack-related-posts":[{"id":85782,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-new-home-prices-increase-in-march-led-by-smaller-cities\/","url_meta":{"origin":120135,"position":0},"title":"China new home prices increase in March led by smaller cities","date":"April 18, 2018","format":false,"excerpt":"\r China\u2019s new home prices growth rose in March led by the smaller cities, despite the government\u2019s two-year campaign to cool the housing market. New home prices, excluding government-subsidised housing, increased in 55 of the 70 cities tracked in March, compared with 44 in February, the National Bureau of Statistics\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":10856,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/more-chinese-cities-see-home-prices-rebound\/","url_meta":{"origin":120135,"position":1},"title":"More Chinese cities see home prices rebound","date":"April 18, 2016","format":false,"excerpt":"\r Home prices recovered in more mainland Chinese cities last month, helped by central government stimulus policies. New home prices rose in 62 of the 70 cities tracked by the National Bureau of Statistics last month, up from 47 in February.\r \r Source : South China Morning Post\r Read more...More\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":80895,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-property-market-steady-in-january-but-home-prices-dip-in-big-cities\/","url_meta":{"origin":120135,"position":2},"title":"Chinese property market steady in January but home prices dip in big cities","date":"February 24, 2018","format":false,"excerpt":"\r China\u2019s property market was steady to slightly lower in January, with home prices dipping across 11 major cities from a year earlier, according to the latest official figures. Home prices declined in first-tier cities, while growth slowed in second- and third-tier cities, Liu Jianwei, senior statistician at the National\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":5954,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/home-prices-continue-to-diverge-in-mainland-chinese-cities\/","url_meta":{"origin":120135,"position":3},"title":"Home prices continue to diverge in mainland Chinese cities","date":"February 26, 2016","format":false,"excerpt":"\r More than half of mainland Chinese cities saw home prices pick up in January as the central government continued to provide policy support to the sector, with Shenzhen prices skyrocketing almost 53 per cent in a year.\r \r Source : South China Morning Post\r Read more...Home prices continue to\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":148830,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/home-prices-in-chinas-biggest-cities-stabilise-under-beijings-stimulus-measures\/","url_meta":{"origin":120135,"position":4},"title":"Home prices in China\u2019s biggest cities stabilise under Beijing\u2019s stimulus measures","date":"January 17, 2025","format":false,"excerpt":"\r Prices across 70 major cities fell in December by the smallest percentage in 18 months, and prices in the four biggest metropolises rose.\r \r Source : South China Morning Post\r Read more...Home prices in China\u2019s biggest cities stabilise under Beijing\u2019s stimulus measures","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":90156,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tale-of-two-cities-how-dubai-manama-compare-on-prices-earnings\/","url_meta":{"origin":120135,"position":5},"title":"Tale of two cities: how Dubai, Manama compare on prices, earnings","date":"June 2, 2018","format":false,"excerpt":"\r Two Gulf cities have been named among the biggest climbers in new research on how prices and earnings of 77 international cities fare against each other\r \r Source : arabianbusiness.com\r Read more...Tale of two cities: how Dubai, Manama compare on prices, earnings","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\/120135"}],"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=120135"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/120135\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=120135"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=120135"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=120135"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}