{"id":145455,"date":"2024-06-25T22:23:14","date_gmt":"2024-06-25T15:23:14","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/heres-how-bad-housing-affordability-is-now\/"},"modified":"2024-06-25T22:34:56","modified_gmt":"2024-06-25T15:34:56","slug":"heres-how-bad-housing-affordability-is-now","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/heres-how-bad-housing-affordability-is-now\/","title":{"rendered":"Here's how bad housing affordability is now"},"content":{"rendered":"


\nHome prices are now 47% higher than they were in early 2020, with the median sale price now five times the median household income.
\n
\nSource : cnbc.com
\nRead more…Here’s how bad housing affordability is now<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Home prices are now 47% higher than they were in early 2020, with the median...<\/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-145455","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-BQ3","jetpack-related-posts":[{"id":103224,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapore-housing-prices-seriously-unaffordable-survey\/","url_meta":{"origin":145455,"position":0},"title":"Singapore housing prices seriously unaffordable: survey","date":"January 23, 2019","format":false,"excerpt":"\r The survey results showed that the median house price is 4.6 times the median household income. House prices in Singapore are considered \u201cseriously unaffordable\u201d, with a median multiple of 4.6, which means that the median house price is 4.6 times the city-state\u2019s median household income, according to an annual\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":41873,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/this-has-been-the-worlds-least-affordable-city-for-seven-years-in-a-row\/","url_meta":{"origin":145455,"position":1},"title":"This has been the world\u2019s least affordable city for seven years in a row","date":"January 25, 2017","format":false,"excerpt":"\r A slightly less expensive encore after a record 2015 Hong Kong SAR at night. cozyta\/Shutterstock Hong Kong has topped the 13th edition of Demographia\u2019s annual housing affordability survey, marking seven consecutive years of unbeatable home price to income ratios. It received a \u201cseverely unaffordable\u201d mark from the research house\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":70095,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-guru-view-a-look-back-at-affordability\/","url_meta":{"origin":145455,"position":2},"title":"The Guru View: A look back at affordability","date":"October 26, 2017","format":false,"excerpt":"\r Home sellers have been bringing down their asking prices to accommodate buyers\u2019 budgets. While we\u00a0anticipate\u00a0a market recovery in 2018, we need to remember that increases in prices need to be tempered by an understanding of\u00a0home\u00a0buyers\u2019 affordability \u2013 how much individuals\u00a0are able to\u00a0commit to their real estate purchases.\u00a0 By Chang\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2017\/10\/18148502_L-1024x709.jpg?fit=1024%2C709&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":38831,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/vancouver-home-affordability-hits-record-low-but-may-be-at-a-turning-point\/","url_meta":{"origin":145455,"position":3},"title":"Vancouver home affordability hits record low but may be at a turning point","date":"December 22, 2016","format":false,"excerpt":"\r By Emma Crawford Hampel Vancouver\u2019s housing market remains the most unaffordable market in Canada by far, and in 2016\u2019s third quarter, affordability eroded further, according to RBC\u2019s Housing Trends and Affordability report released December 21. On average, in 2016\u2019s third quarter, Vancouverites needed to spend 92 per cent of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":58749,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/get-the-guru-view-saving-on-toast-today-might-not-mean-a-home-later\/","url_meta":{"origin":145455,"position":4},"title":"Get the Guru View: Saving on toast today might not mean a home later","date":"June 23, 2017","format":false,"excerpt":"\r Global housing think tank Demographia has ranked Singapore\u2019s housing market as \u201cSeriously Unaffordable\u201d. Millennials, those born in the early 1980s and later, were recently criticised for not being more prudent in their habits. But in one of the most expensive housing markets in the world, can merely cutting back\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2017\/06\/Guru-View-chart-Fig-1.jpg?fit=871%2C530&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":95863,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/heres-why-affordability-in-u-s-housing-market-is-at-record-lows\/","url_meta":{"origin":145455,"position":5},"title":"Here's why affordability in U.S. housing market is at record lows","date":"August 11, 2018","format":false,"excerpt":"\r Diana Olick analyzes a report by the National Association of Home Builders that reveals the trend of decreasing affordability in the U.S. housing market.\r \r Source : cnbc.com\r Read more...Here's why affordability in U.S. housing market is at record lows","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\/145455"}],"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=145455"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/145455\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=145455"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=145455"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=145455"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}