{"id":171802,"date":"2026-05-18T16:00:03","date_gmt":"2026-05-18T09:00:03","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/a-house-for-1-what-a-day-at-a-property-auction-taught-me-about-the-uk-housing-crisis\/"},"modified":"2026-05-18T16:50:39","modified_gmt":"2026-05-18T09:50:39","slug":"a-house-for-1-what-a-day-at-a-property-auction-taught-me-about-the-uk-housing-crisis","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/a-house-for-1-what-a-day-at-a-property-auction-taught-me-about-the-uk-housing-crisis\/","title":{"rendered":"A house for \u00a31? What a day at a property auction taught me about the UK housing crisis"},"content":{"rendered":"


\nSome of the homes have been repossessed, while others are being sold off by debt-laden housing associations. Who buys them \u2013 and who will end up living there?Amid the high-stakes bustle of numbered paddles shooting up and gavels banging down, an unexpected voice calls desperately from the corner of the auction room. \u201cThat\u2019s my house,\u201d shouts the woman, watching her home of 20 years up for sale.\u201cI live there. You can tell the people who are bidding I\u2019m not coming out of my house,\u201d she continues. Continue reading…
\n
\nSource : theguardian.com
\nRead more…A house for \u00a31? What a day at a property auction taught me about the UK housing crisis<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Some of the homes have been repossessed, while others are being sold off by debt-laden...<\/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-171802","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-IH0","jetpack-related-posts":[{"id":171838,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/horden-my-home-is-crying-out-for-change-letters\/","url_meta":{"origin":171802,"position":0},"title":"Horden, my home, is crying out for change | Letters","date":"May 22, 2026","format":false,"excerpt":"\r Robert Lodge calls for action to tackle the \u2018housing spiral\u2019 in the County Durham village where he grew up, but is now leaving at 18As an 18-year-old who has grown up in Horden and lived on a street due to be knocked down because of a compulsory purchase order,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":100362,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sydney-property-slowdown-bites-as-auction-clearance-rates-tumble-to-the-lowest-in-a-decade\/","url_meta":{"origin":171802,"position":1},"title":"Sydney property slowdown bites as auction clearance rates tumble to the lowest in a decade","date":"October 22, 2018","format":false,"excerpt":"\r Sydney\u2019s housing market is facing the toughest conditions since the global financial crisis after auction rates slumped again at the weekend, with analysts predicting that the slowdown could get much worse in the months ahead. Australia\u2019s biggest city saw only 44 per cent of 567 listed properties sold at\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118090,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hot-housing-onehunga-auction-draws-record-number-of-bidders\/","url_meta":{"origin":171802,"position":2},"title":"Hot housing: Onehunga auction draws record number of bidders","date":"August 5, 2020","format":false,"excerpt":"\r A renovated Auckland home has attracted a record number of bidders, proving the housing market is showing no signs of slowing down, a real estate agency says.The three-bedroom home at 15 Cardwell St in Onehunga eventually sold at...\r \r Source : nzherald.co.nz\/Property\r Read more...Hot housing: Onehunga auction draws record\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":91173,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-first-private-auction-of-farmland-flops-in-a-setback-to-plan-to-bolster-housing-supply\/","url_meta":{"origin":171802,"position":3},"title":"Hong Kong\u2019s first private auction of farmland flops, in a setback to plan to bolster housing supply","date":"June 11, 2018","format":false,"excerpt":"\r Hong Kong\u2019s first private auction of convertible farmland failed to find a buyer, in a setback to the city government\u2019s plan to make more plots available for the construction of residential buildings. Not a single person out of nine registered bidders showed his hand during 30 minutes of hushed\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":109232,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/home-auction-demand-rises-in-australia-raising-hopes-of-a-market-turnaround\/","url_meta":{"origin":171802,"position":4},"title":"Home auction demand rises in Australia, raising hopes of a market turnaround","date":"July 22, 2019","format":false,"excerpt":"\r Tumbling Australian home prices may have found solid ground amid the worst property downturn in a generation, as the real estate industry experiences a revival in auction demand, data showed.Australia\u2019s central bank has been closely watching housing market weakness as two years of price declines have eroded wealth, undermining\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":126863,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/auckland-housing-market-downturn-five-auctions-cancelled-day-before-with-no-bidders-registered\/","url_meta":{"origin":171802,"position":5},"title":"Auckland housing market downturn: Five auctions cancelled day before with no bidders registered","date":"May 29, 2022","format":false,"excerpt":"\r Auckland's market downturn is leading to quiet auction rooms and one real estate agency recently cancelled five auctions the day before they were due to take place because no one had registered to bid on the homes.The drop in auction...\r \r Source : nzherald.co.nz\/Property\r Read more...Auckland housing market downturn:\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\/171802"}],"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=171802"}],"version-history":[{"count":1,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/171802\/revisions"}],"predecessor-version":[{"id":171803,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/171802\/revisions\/171803"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=171802"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=171802"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=171802"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}