{"id":131076,"date":"2022-10-20T05:54:33","date_gmt":"2022-10-19T22:54:33","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/?p=131076"},"modified":"2022-10-20T05:30:25","modified_gmt":"2022-10-19T22:30:25","slug":"savings-up-but-net-wealth-falling-as-total-household-wealth-plunges-by-almost-90-billion","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/savings-up-but-net-wealth-falling-as-total-household-wealth-plunges-by-almost-90-billion\/","title":{"rendered":"Savings up but net wealth falling as total household wealth plunges by almost $90 billion"},"content":{"rendered":"


\nA housing market meltdown, flatlining KiwiSaver performances and mediocre share markets have sent household net wealth plummeting.Total household net wealth fell $88.9 billion during the June 2022 quarter, Stats NZ said today.\u202f\u202fBut…
\n
\nSource : nzherald.co.nz\/Property
\nRead more…Savings up but net wealth falling as total household wealth plunges by almost billion<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

A housing market meltdown, flatlining KiwiSaver performances and mediocre share markets have sent household net...<\/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-131076","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-y68","jetpack-related-posts":[{"id":96910,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uks-wealth-rises-as-land-values-soar-by-450bn-in-a-year\/","url_meta":{"origin":131076,"position":0},"title":"UK's wealth rises as land values soar by \u00a3450bn in a year","date":"August 30, 2018","format":false,"excerpt":"\r Land now 51% of UK\u2019s net worth \u2013 a huge transfer of wealth to landowners, say campaignersA dramatic rise in land values pushed Britain\u2019s wealth to a fresh high of more than \u00a310tn last year, highlighting the huge gains made by developers in property hotspots across the UK.From London\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":74128,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/household-wealth-jumps-to-near-97-trillion\/","url_meta":{"origin":131076,"position":1},"title":"Household wealth jumps to near $97 trillion","date":"December 9, 2017","format":false,"excerpt":"\r Household wealth rose nearly 2 percent in Q3 and is near double the level it was during the financial crisis, according to Fed data.\r \r Source : cnbc.com\r Read more...Household wealth jumps to near trillion","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":140066,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/interest-rate-rises-caused-sharp-drop-in-uk-household-wealth-report-finds\/","url_meta":{"origin":131076,"position":2},"title":"Interest rate rises caused sharp drop in UK household wealth, report finds","date":"October 30, 2023","format":false,"excerpt":"\r Resolution Foundation says higher interest rates have led to a fall in house prices and pension potsThe recent rise in interest rates has been blamed for ending Britain\u2019s wealth boom and causing total household wealth to plunge by a quarter since the Covid-19 pandemic.A report by the Resolution Foundation,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":57306,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/us-household-wealth-ticks-up-1-4-percent-to-94-8-trillion\/","url_meta":{"origin":131076,"position":3},"title":"US household wealth ticks up 1.4 percent to $94.8 trillion","date":"June 8, 2017","format":false,"excerpt":"\r Buoyed by higher stock prices, Americans' household net worth rose 1.4 percent to $94.8 trillion in the first three months of this year.\r \r Source : cnbc.com\r Read more...US household wealth ticks up 1.4 percent to .8 trillion","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1823,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/half-of-worlds-wealth-now-in-hands-of-1-of-population-report\/","url_meta":{"origin":131076,"position":4},"title":"Half of world's wealth now in hands of 1% of population \u2013 report","date":"October 13, 2015","format":false,"excerpt":"\r Inequality growing globally and in the UK, which has third most \u2018ultra-high net worth individuals\u2019, household wealth study findsGlobal inequality is growing, with half the world\u2019s wealth now in the hands of just 1% of the population, according to a new report.The middle classes have been squeezed at the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":7774,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/almost-half-of-britains-private-wealth-owned-by-top-10-of-households\/","url_meta":{"origin":131076,"position":5},"title":"Almost half of Britain's private wealth owned by top 10% of households","date":"December 18, 2015","format":false,"excerpt":"\r Latest ONS survey covers 2012-14 and highlights gulf between country\u2019s richest and poorest groups Britain\u2019s richest households have pulled further ahead of the rest of the population as house prices have accelerated, with the top 10% now owning almost half of the country\u2019s \u00a311.1tn total private wealth.The Office for\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\/131076"}],"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=131076"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/131076\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=131076"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=131076"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=131076"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}