{"id":124328,"date":"2022-01-23T17:30:19","date_gmt":"2022-01-23T10:30:19","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/even-pricey-city-centre-flats-help-everyone-move-up-the-property-ladder-torsten-bell\/"},"modified":"2022-01-23T18:03:11","modified_gmt":"2022-01-23T11:03:11","slug":"even-pricey-city-centre-flats-help-everyone-move-up-the-property-ladder-torsten-bell","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/even-pricey-city-centre-flats-help-everyone-move-up-the-property-ladder-torsten-bell\/","title":{"rendered":"Even pricey city-centre flats help everyone move up the property ladder | Torsten Bell"},"content":{"rendered":"<p>&#013;<br \/>\nSuch developments are aimed at the wealthy, but buyers trigger a chain that lends a hand to those on much lower incomesHigh housing costs are a disaster for living standards, costing private renters more than 30% of their income and giving London the highest poverty rate in the UK.The economists\u2019 answer is to build more homes in high-cost areas, but that\u2019s easier said than done. Developments are often opposed from the right, for reducing local house prices, and the left, as gentrification. Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/commentisfree\/2022\/jan\/23\/even-pricey-city-centre-flats-help-everyone-move-up-the-property-ladder\" target=\"_blank\" rel=\"noopener\">Even pricey city-centre flats help everyone move up the property ladder | Torsten Bell<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Such developments are aimed at the wealthy, but buyers trigger a chain that lends a&#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-124328","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-wli","jetpack-related-posts":[{"id":137068,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dont-fear-gentrification-those-new-blocks-of-flats-can-lead-to-lower-rents-torsten-bell\/","url_meta":{"origin":124328,"position":0},"title":"Don\u2019t fear gentrification, those new blocks of flats can lead to lower rents  | Torsten Bell","date":"May 21, 2023","format":false,"excerpt":"\r Data from the US supports Keir Starmer\u2019s push for more housebuilding in BritainHousing is always centre stage in British politics, usually in the form of support for first-time buyers, like right to buy. But Keir Starmer is making housebuilding a key pre-election dividing line, attacking Rishi Sunak for scrapping\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":116445,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/in-lockdown-gardens-have-become-the-new-great-social-divide-torsten-bell\/","url_meta":{"origin":124328,"position":1},"title":"In lockdown, gardens have become the new great social divide | Torsten Bell","date":"May 17, 2020","format":false,"excerpt":"\r The Office for National Statistics has discovered huge inequalities in access to private outside spaceCoronavirus \u2013 latest updatesSee all our coronavirus coverageThe Leaver\/Remainer gap was huge but in this pandemic what recently seemed like the Grand Canyon of divides now feels \u2026 oh so very last year. But new\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":146667,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/housebuilding-is-a-route-to-bigger-better-homes-for-all-not-just-the-rich-torsten-bell\/","url_meta":{"origin":124328,"position":2},"title":"Housebuilding is a route to bigger, better homes for all, not just the rich | Torsten Bell","date":"August 4, 2024","format":false,"excerpt":"\r While a 1% rise in housing stock drives down prices and rents, Swedish research shows it also boosts space for those on low incomesOne of the reasons I support building more homes is it will help bring down housing costs if we keep at it. Government research finds a\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":140731,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-good-news-wages-are-rising-for-britons-the-bad-news-so-is-the-cost-of-housing-torsten-bell\/","url_meta":{"origin":124328,"position":3},"title":"The good news: wages are rising for Britons. The bad news: so is the cost of housing | Torsten Bell","date":"December 17, 2023","format":false,"excerpt":"\r Whether you own or rent your home, keeping a roof over your head is getting more expensiveInflation is down. The rate of annual price rises fell to 4.6% in October, from double digits back in March. As Rishi Sunak reminds us, inflation has been halved. Some Conservatives may wonder\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":147314,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tiktok-is-full-of-advice-on-how-to-retire-early-the-truth-is-you-just-need-rich-parents-torsten-bell\/","url_meta":{"origin":124328,"position":4},"title":"TikTok is full of advice on how to retire early. The truth is you just need rich parents | Torsten Bell","date":"October 6, 2024","format":false,"excerpt":"\r Future finances will be shaped by inheritance, but millennials shouldn\u2019t hold their breath, they\u2019ll have to wait until they\u2019re 61\u201cHere\u2019s how to retire early,\u201d promise TikTok\u2019s financial influencers. But the life hacks offered never cover the most important advice: pick the right parents. Because looking ahead, inheritances will decide\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":60628,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/nano-flats-in-tuen-mun-to-command-outsize-rental-rates-agents-say\/","url_meta":{"origin":124328,"position":5},"title":"\u2018Nano flats\u2019 in Tuen Mun to command outsize rental rates, agents say","date":"July 13, 2017","format":false,"excerpt":"\r Tiny flats in one of the city\u2019s newest developments are set to fetch rents well above market rates, raising concerns that low income groups left off the property ladder haven\u2019t really benefited from the trend of building smaller apartments. Hong Kong smallest flats starting from 128 square feet, otherwise\u2026","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\/124328"}],"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=124328"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/124328\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=124328"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=124328"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=124328"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}