{"id":140731,"date":"2023-12-17T15:00:20","date_gmt":"2023-12-17T08:00:20","guid":{"rendered":"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\/"},"modified":"2023-12-17T15:11:41","modified_gmt":"2023-12-17T08:11:41","slug":"the-good-news-wages-are-rising-for-britons-the-bad-news-so-is-the-cost-of-housing-torsten-bell","status":"publish","type":"post","link":"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\/","title":{"rendered":"The good news: wages are rising for Britons. The bad news: so is the cost of housing | Torsten Bell"},"content":{"rendered":"


\nWhether 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 why they\u2019re not getting much credit: Labour\u2019s poll lead has not dropped during 2023. It shouldn\u2019t.Lower inflation means lower price rises, not lower prices. Our latest Resolution Foundation survey of the British public found that almost four in 10 think their financial situation has got worse since the summer \u2013 twice the share who think that it has improved. Continue reading…
\n
\nSource : theguardian.com
\nRead more…The good news: wages are rising for Britons. The bad news: so is the cost of housing | Torsten Bell<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Whether you own or rent your home, keeping a roof over your head is getting...<\/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-140731","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-ABR","jetpack-related-posts":[{"id":84168,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/britons-savings-hit-record-low-as-price-rises-bite\/","url_meta":{"origin":140731,"position":0},"title":"Britons' savings hit record low as price rises bite","date":"March 29, 2018","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Britons' savings hit record low as price rises bite","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":45300,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/cpi-was-never-meant-to-be-real-measure-of-inflation-letters\/","url_meta":{"origin":140731,"position":1},"title":"CPI was never meant to be real measure of inflation | Letters","date":"February 24, 2017","format":false,"excerpt":"\r Your article (Pension changes could cost 11m Britons thousands of pounds, 21 February) says 75% of pension schemes use the retail price index (RPI). But all the public-sector schemes, which must be more than 25%, as well as many in the private sector \u2013 eg BT, BA \u2013 have\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":44828,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/pension-changes-could-cost-11m-britons-thousands-of-pounds\/","url_meta":{"origin":140731,"position":2},"title":"Pension changes could cost 11m Britons thousands of pounds","date":"February 20, 2017","format":false,"excerpt":"\r Government green paper discusses giving annual rises based on CPI, not RPI, which could cost average of \u00a320,000 over lifetimeCompanies could slash pension promises to 11 million employees, potentially knocking thousands of pounds off the incomes of people in retirement, if proposals in a government consultation paper are approved.Unions\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":55635,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/record-60-of-britons-in-poverty-despite-being-in-working-families-study\/","url_meta":{"origin":140731,"position":3},"title":"Record 60% of Britons in poverty despite being in working families \u2013 study","date":"May 22, 2017","format":false,"excerpt":"\r In-work poverty disproportionately concentrated in households in private rented housing as rising living costs biteA record 60% of British people in poverty live in a household where someone is in work, according to researchers, with the risk of falling into financial hardship especially high for families in private rented\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123550,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-price-rises-accelerate-in-november-but-outlook-remains-uncertain-business-live\/","url_meta":{"origin":140731,"position":4},"title":"UK house price rises accelerate in November, but outlook remains uncertain \u2013 business live","date":"December 1, 2021","format":false,"excerpt":"\r Rolling coverage of the latest economic and financial newsUK house prices rose 0.9% in November, says NationwidePrices 10% higher than a year agoBut Omicron variant and inflation mean outlook is uncertainMartin Beck, senior economic advisor to the EY ITEM Club, predicts house price growth will slow next year --\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":35258,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/britons-happy-their-jobs-are-secure-but-fear-inflation-will-eat-away-at-pay\/","url_meta":{"origin":140731,"position":5},"title":"Britons happy their jobs are secure, but fear inflation will eat away at pay\u00a0","date":"November 22, 2016","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Britons happy their jobs are secure, but fear inflation will eat away at pay\u00a0","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\/140731"}],"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=140731"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/140731\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=140731"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=140731"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=140731"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}