{"id":23311,"date":"2016-08-18T23:19:44","date_gmt":"2016-08-18T16:19:44","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/ons-data-shows-uk-wealth-wedded-to-property\/"},"modified":"2016-08-18T23:34:00","modified_gmt":"2016-08-18T16:34:00","slug":"ons-data-shows-uk-wealth-wedded-to-property","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ons-data-shows-uk-wealth-wedded-to-property\/","title":{"rendered":"ONS data shows UK wealth wedded to property"},"content":{"rendered":"


\nData reveals UK net worth of \u00a38.8tn is four times that of 1995 after massive rise in property wealth but stellar rise masks public deficit and decline in savings Britain\u2019s obsession with property has sent the country\u2019s net worth soaring to an estimated \u00a38.8tn, an increase of 6% (\u00a3493bn) compared with the end of 2014.A surge in house prices in 2015 offset the UK\u2019s decline in savings, the slow recovery of the banking sector and the government\u2019s growing debt mountain. Continue reading…
\n
\nSource : theguardian.com
\nRead more…ONS data shows UK wealth wedded to property<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Data reveals UK net worth of \u00a38.8tn is four times that of 1995 after massive...<\/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-23311","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\/p75ss1-63Z","jetpack-related-posts":[{"id":50267,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/richest-10-of-uk-households-own-40-of-wealth-ons-says\/","url_meta":{"origin":23311,"position":0},"title":"Richest 10% of UK households own 40% of wealth, ONS says","date":"December 3, 2012","format":false,"excerpt":"\r Top 10% of households are 850 times wealthier than the bottom, a report by the Office for National Statistics revealsThe bottom 50% of households in Britain have just \u00a34,400 of cash, property and pensions compared to the \u00a31.2m held by the top 10%, according to an Office for National\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":100064,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-rise-at-their-lowest-annual-rate-in-five-years-ons-says\/","url_meta":{"origin":23311,"position":1},"title":"UK house prices rise at their lowest annual rate in five years, ONS says","date":"October 18, 2018","format":false,"excerpt":"\r Average UK prices rise 3.2% but sluggish London property market sees fall of 0.2%UK house prices grew at the slowest rate in five years in August, in the latest figures to identify a growing divergence between a sluggish London property market and faster rates of growth other regions.The average\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2598,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-price-growth-speeding-up-says-ons\/","url_meta":{"origin":23311,"position":2},"title":"UK house price growth speeding up, says ONS","date":"December 15, 2015","format":false,"excerpt":"\r Annual price growth accelerated for third month in a row in October, amid warnings of a surge in buy-to-let purchases before AprilHouse price growth is accelerating, with the latest official data showing another robust monthly rise, prompting a leading property commentator to warn that the housing market is heading\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":94171,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-annual-house-prices-rising-at-slowest-rate-for-five-years-ons\/","url_meta":{"origin":23311,"position":3},"title":"UK annual house prices rising at slowest rate for five years \u2013 ONS","date":"July 18, 2018","format":false,"excerpt":"\r London dragging rate down while best performing regions are East and West MidlandsUK house prices are rising at the slowest annual rate for almost five years, according to official figures showing falling London property values dragging down the rate of growth across the country. Revealing the latest snapshot for\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":39711,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-rise-in-inherited-wealth-likely-to-widen-inequality-gap\/","url_meta":{"origin":23311,"position":4},"title":"UK rise in inherited wealth likely to widen inequality gap","date":"January 5, 2017","format":false,"excerpt":"\r A glut of inherited wealth from a decades-long house-price boom is set to worsen inequality in the United Kingdom, according to the Institute for Fiscal Studies.Young people today are more likely to receive an inheritance than earlier generations, and those that receive the biggest ones are already the most\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":23311,"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\/23311"}],"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=23311"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/23311\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=23311"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=23311"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=23311"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}