{"id":128397,"date":"2022-08-01T00:30:01","date_gmt":"2022-07-31T17:30:01","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-guardian-view-on-housing-costs-a-grave-and-growing-injustice-editorial\/"},"modified":"2022-08-01T02:02:09","modified_gmt":"2022-07-31T19:02:09","slug":"the-guardian-view-on-housing-costs-a-grave-and-growing-injustice-editorial","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-guardian-view-on-housing-costs-a-grave-and-growing-injustice-editorial\/","title":{"rendered":"The Guardian view on housing costs: a grave and growing injustice | Editorial"},"content":{"rendered":"<p>&#013;<br \/>\nLevelling up will be impossible as long as rents and house prices are allowed to keep on climbingThe housing prospects facing the roughly one-third of British people who do not own their own homes continue to get worse. Hopes that the pandemic would lead to an easing of pressures, because remote working would increase flexibility for those making decisions about where to live, have been crushed. Instead, prices rose 10% between March 2020 and March 2021, and have kept on rising. June saw a year-on-year increase of 13%. Private rents are also at record levels, with recent figures showing the average outside London up 11.8% on a year ago. In the capital the figure is 15.8%.Because the majority are homeowners, attitudes surrounding housing inflation are at odds with those around rising prices for energy or food. But for those renting privately or hoping to buy, it forms part of a wider affordability crisis. Particularly for younger people, the difficulty of buying a first home is a generational injustice \u2013 although this framing can obscure the fact that many of those with home-owning parents stand to benefit in the longer term. From 59% in 2003, the proportion of people in the 25-34 age bracket who are homeowners has fallen to 47%. The racial disparities are also stark, with lower rates of home ownership among ethnic minorities. Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/commentisfree\/2022\/jul\/31\/the-guardian-view-on-housing-costs-a-grave-and-growing-injustice\" target=\"_blank\" rel=\"noopener\">The Guardian view on housing costs: a grave and growing injustice | Editorial<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Levelling up will be impossible as long as rents and house prices are allowed to&#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-128397","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-xoV","jetpack-related-posts":[{"id":131286,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/private-home-prices-rents-rise-at-a-faster-pace-in-q3-hdb-resale-price-growth-moderates-in-q3-and-more\/","url_meta":{"origin":128397,"position":0},"title":"Private home prices, rents rise at a faster pace in Q3, HDB resale price growth moderates in Q3 and more","date":"October 31, 2022","format":false,"excerpt":"\r Private home prices, rents rise at a faster pace in Q3, HDB resale price growth moderates in Q3 and more25th\u00a0October\u00a0to 31st\u00a0October 2022 Private home prices in Singapore increased by 3.8% in the third quarter of 2022, up from the 3.5% hike registered in the previous quarter. Meanwhile, prices of\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2022\/10\/private-homes.jpg?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":43955,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/falling-dubai-housing-rents-to-come-under-further-pressure-this-year\/","url_meta":{"origin":128397,"position":1},"title":"Falling Dubai housing rents to come under further pressure this year","date":"February 13, 2017","format":false,"excerpt":"\r Housing rents in Dubai fell during the final quarter of 2016 and look set to come under further pressure this year.According to property broker Asteco, average apartment rents in Dubai fell by 5 per cent in the final three months and ended the year an average of 6 per\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":42715,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dubai-rents-prices-set-to-rise-from-mid-2017-says-knight-frank\/","url_meta":{"origin":128397,"position":2},"title":"Dubai rents, prices set to rise from mid-2017, says Knight Frank","date":"February 2, 2017","format":false,"excerpt":"\r New report also says 3% housing fee in Abu Dhabi will 'increase cost pressures on households'\r \r Source : arabianbusiness.com\r Read more...Dubai rents, prices set to rise from mid-2017, says Knight Frank","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":40041,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/brace-yourself-auckland-rents-are-rising\/","url_meta":{"origin":128397,"position":3},"title":"Brace yourself: Auckland rents are rising","date":"January 9, 2017","format":false,"excerpt":"\r Auckland rents are set to increase this month with landlords blaming housing shortages and an unprecedented interest in their properties.The Auckland Property Investors Association warns that rent hikes could be more dramatic than...\r \r Source : nzherald.co.nz\/Property\r Read more...Brace yourself: Auckland rents are rising","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":40043,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/brace-yourself-auckland-rents-are-rising-2\/","url_meta":{"origin":128397,"position":4},"title":"Brace yourself: Auckland rents are rising","date":"January 9, 2017","format":false,"excerpt":"\r Auckland rents are set to increase this month with landlords blaming housing shortages and an unprecedented interest in their properties.The Auckland Property Investors Association warns that rent hikes could be more dramatic than...\r \r Source : nzherald.co.nz\/Property\r Read more...Brace yourself: Auckland rents are rising","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":40045,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/brace-yourself-auckland-rents-are-rising-3\/","url_meta":{"origin":128397,"position":5},"title":"Brace yourself: Auckland rents are rising","date":"January 9, 2017","format":false,"excerpt":"\r Auckland rents are set to increase this month with landlords blaming housing shortages and an unprecedented interest in their properties.The Auckland Property Investors Association warns that rent hikes could be more dramatic than...\r \r Source : nzherald.co.nz\/Property\r Read more...Brace yourself: Auckland rents are rising","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\/128397"}],"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=128397"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/128397\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=128397"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=128397"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=128397"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}