{"id":125648,"date":"2022-03-28T00:24:13","date_gmt":"2022-03-27T17:24:13","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/home-truths-about-new-zealand-house-prices-letters\/"},"modified":"2022-03-28T00:38:15","modified_gmt":"2022-03-27T17:38:15","slug":"home-truths-about-new-zealand-house-prices-letters","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/home-truths-about-new-zealand-house-prices-letters\/","title":{"rendered":"Home truths about New Zealand house prices | Letters"},"content":{"rendered":"


\nRestricting foreign ownership hasn\u2019t stopped house prices rocketing, writes Richard CramptonAnne Rothschild suggests that restricting foreign ownership is a panacea for rocketing house prices, and cites New Zealand as an example of a country that\u2019s implemented such a policy (Letters, 23 March).What she omits to say is that in New Zealand it seems to have failed, pretty spectacularly. In the past two years, property prices in New Zealand have gone absolutely bananas, even though non-resident foreigners are now mostly locked out of the market. Housing in Auckland is now less affordable than in New York and London, according to this year\u2019s Demographia report. Continue reading…
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\nSource : theguardian.com
\nRead more…Home truths about New Zealand house prices | Letters<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Restricting foreign ownership hasn\u2019t stopped house prices rocketing, writes Richard CramptonAnne Rothschild suggests that restricting...<\/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-125648","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-wGA","jetpack-related-posts":[{"id":125620,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/foreign-ownership-of-uk-property-must-be-restricted-urgently-letter\/","url_meta":{"origin":125648,"position":0},"title":"Foreign ownership of UK property must be restricted urgently | Letter","date":"March 24, 2022","format":false,"excerpt":"\r Anne Rothschild says the unchecked purchase of homes by overseas investors has helped to drive prices to ridiculous levelsCongratulations to the Guardian and its partners for the asset-tracking project ($17bn of global assets linked to 35 Russians with alleged ties to Putin, 21 March). Let us hope that the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":19140,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/brian-gaynor-rocketing-property-prices-a-recipe-for-rising-inequality\/","url_meta":{"origin":125648,"position":1},"title":"Brian Gaynor: Rocketing property prices a recipe for rising inequality","date":"July 9, 2016","format":false,"excerpt":"\r The latest New Zealand household wealth figures show the booming residential property market is a major contributor to the country's growing wealth inequality. This is because house owners are reaping the rewards from soaring property...\r \r Source : nzherald.co.nz\/Property\r Read more...Brian Gaynor: Rocketing property prices a recipe for rising\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":10680,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/home-truths-can-you-afford-to-buy-in-new-zealand\/","url_meta":{"origin":125648,"position":2},"title":"Home truths: Can you afford to buy in New Zealand?","date":"April 15, 2016","format":false,"excerpt":"\r Runaway house prices have put almost 90 per cent of the Auckland housing market out of reach for typical first home buyers.Exclusive figures supplied to the Herald by property data company Core Logic show buyers can afford only...\r \r Source : nzherald.co.nz\/Property\r Read more...Home truths: Can you afford to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":10668,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/home-truths-where-can-you-afford-to-buy-in-new-zealand\/","url_meta":{"origin":125648,"position":3},"title":"Home truths: Where can you afford to buy in New Zealand?","date":"April 15, 2016","format":false,"excerpt":"\r Runaway house prices have put almost 90 per cent of the Auckland housing market out of reach for typical first home buyers.Exclusive figures supplied to the Herald by property data company Core Logic show buyers can afford only...\r \r Source : nzherald.co.nz\/Property\r Read more...Home truths: Where can you afford\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":96149,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/theres-no-need-for-new-zealand-style-xenophobia-to-curb-uk-house-prices-guy-shrubsole\/","url_meta":{"origin":125648,"position":4},"title":"There\u2019s no need for New Zealand-style xenophobia to curb UK house prices | Guy Shrubsole","date":"August 16, 2018","format":false,"excerpt":"\r To get to the root of our housing crisis let\u2019s look closer to home rather than scapegoating foreign ownersNew Zealand\u2019s ban on the foreign ownership of land and property has generated headlines around the world \u2013 and has clearly touched a nerve in the UK. But should we be\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119477,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/property-prices-home-ownership-in-new-zealand-drops-to-lowest-level-since-1951\/","url_meta":{"origin":125648,"position":5},"title":"Property prices: Home ownership in New Zealand drops to lowest level since 1951","date":"December 8, 2020","format":false,"excerpt":"\r Home ownership in New Zealand continued to decline to the lowest level since 1951, with a 30-year decline hitting those in their 20s and 30s hardest.Statistics New Zealand today released a grim new report, Housing in Aotearoa: 2020,...\r \r Source : nzherald.co.nz\/Property\r Read more...Property prices: Home ownership in New\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\/125648"}],"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=125648"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/125648\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=125648"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=125648"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=125648"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}