{"id":2452,"date":"2016-01-23T13:59:05","date_gmt":"2016-01-23T06:59:05","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/twenty-years-on-the-winners-and-losers-of-britains-property-boom\/"},"modified":"2016-01-23T14:06:19","modified_gmt":"2016-01-23T07:06:19","slug":"twenty-years-on-the-winners-and-losers-of-britains-property-boom","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/twenty-years-on-the-winners-and-losers-of-britains-property-boom\/","title":{"rendered":"Twenty years on \u2013 the winners and losers of Britain\u2019s property boom"},"content":{"rendered":"


\nSince 1996 the country has been divided into those who have made fortunes and those who are still renting. Here are some of their storiesIt is two decades since the great British property boom began. Since 1996, average house prices have risen by an extraordinary 281% across the UK, while in London the figure is 501%, according to the Nationwide house price index. Buy-to-let landlords have benefited the most, typically earning returns of \u00a314,987 for each \u00a31,000 they invested 20 years ago.But few of the people buying or selling in 1996 could have predicted the huge financial impact their decisions would have on the rest of their lives. We spoke to those who purchased their property that year, but also people who got off the ladder and started renting instead. It is a tale of two Britains, where buyers have made millions and renters have shelled out tens of thousands of pounds and live a fragile existence. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Twenty years on \u2013 the winners and losers of Britain\u2019s property boom<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Since 1996 the country has been divided into those who have made fortunes and those...<\/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-2452","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-Dy","jetpack-related-posts":[{"id":62804,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/cowes-week-sailing-extravaganza-spawns-a-renting-boom-in-isle-of-wight\/","url_meta":{"origin":2452,"position":0},"title":"Cowes Week sailing extravaganza spawns a renting boom in Isle of Wight","date":"August 4, 2017","format":false,"excerpt":"\r Super rich sailors are spending more money renting houses for regatta than local people pay in rent for the entire yearWhen a house that normally rents for \u00a3500 a week can find a tenant willing to pay \u00a316,000 for a nine day let, it is a sure sign that\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":73712,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-hard-pressed-home-buyers-still-arent-sold-on-renting\/","url_meta":{"origin":2452,"position":1},"title":"China\u2019s hard-pressed home buyers still aren\u2019t sold on renting","date":"December 5, 2017","format":false,"excerpt":"\r China has begun a great rental giveaway, offering cheap land and subsidised loans in an effort to kick-start the development of home-leasing markets in major cities across the nation. 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Here is how to make the most of your outdoor space, even if you don\u2019t own the propertyIt all started with a hydrangea for me. 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