{"id":27702,"date":"2016-09-29T10:38:25","date_gmt":"2016-09-29T03:38:25","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/?p=27702"},"modified":"2016-09-29T10:20:19","modified_gmt":"2016-09-29T03:20:19","slug":"kiwis-drowning-in-housing-debt-labour-3","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/kiwis-drowning-in-housing-debt-labour-3\/","title":{"rendered":"Kiwis 'drowning' in housing debt – Labour"},"content":{"rendered":"


\nThe Labour Party says New Zealanders are “drowning” in mortgage debt after new data showed 87 per cent of all personal debt in this country is tied up in property.Even middle income earners were now “mortgaged to the hilt” as house…
\n
\nSource : nzherald.co.nz\/Property
\nRead more…Kiwis ‘drowning’ in housing debt – Labour<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The Labour Party says New Zealanders are “drowning” in mortgage debt after new data showed...<\/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-27702","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\/p75ss1-7cO","jetpack-related-posts":[{"id":27696,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/kiwis-drowning-in-housing-debt-labour\/","url_meta":{"origin":27702,"position":0},"title":"Kiwis 'drowning' in housing debt – Labour","date":"September 29, 2016","format":false,"excerpt":"\r The Labour Party says New Zealanders are \"drowning\" in mortgage debt after new data showed 87 per cent of all personal debt in this country is tied up in property.Even middle income earners were now \"mortgaged to the hilt\" as house...\r \r Source : nzherald.co.nz\/Property\r Read more...Kiwis 'drowning' in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":27698,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/kiwis-drowning-in-housing-debt-labour-2\/","url_meta":{"origin":27702,"position":1},"title":"Kiwis 'drowning' in housing debt – Labour","date":"September 29, 2016","format":false,"excerpt":"\r The Labour Party says New Zealanders are \"drowning\" in mortgage debt after new data showed 87 per cent of all personal debt in this country is tied up in property.Even middle income earners were now \"mortgaged to the hilt\" as house...\r \r Source : nzherald.co.nz\/Property\r Read more...Kiwis 'drowning' in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":27704,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/kiwis-drowning-in-housing-debt-labour-4\/","url_meta":{"origin":27702,"position":2},"title":"Kiwis 'drowning' in housing debt – Labour","date":"September 29, 2016","format":false,"excerpt":"\r The Labour Party says New Zealanders are \"drowning\" in mortgage debt after new data showed 87 per cent of all personal debt in this country is tied up in property.Even middle income earners were now \"mortgaged to the hilt\" as house...\r \r Source : nzherald.co.nz\/Property\r Read more...Kiwis 'drowning' in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":33583,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/paradise-lost-kiwis-lose-confidence-in-housing\/","url_meta":{"origin":27702,"position":3},"title":"Paradise Lost: Kiwis lose confidence in housing","date":"November 9, 2016","format":false,"excerpt":"\r Confidence among house buyers is hitting new lows as expectations of rising prices and debt costs drive people away from the dream of owning a home, according to the ASB's latest housing confidence survey.The survey for the three...\r \r Source : nzherald.co.nz\/Property\r Read more...Paradise Lost: Kiwis lose confidence in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":63636,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-uk-debt-tide-is-rising-how-can-you-avoid-drowning\/","url_meta":{"origin":27702,"position":4},"title":"The UK debt tide is rising \u2013 how can you avoid drowning?","date":"August 14, 2017","format":false,"excerpt":"\r With total household borrowing now topping \u00a3200bn, we looks at options for those who find themselves in difficultiesCampaigners have long warned of the problem and it is now official: Britain has a growing debt problem at levels not seen since the global financial crisis almost a decade ago.Borrowing through\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":92690,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/will-baby-boomers-cop-property-tax-hit-to-help-young-kiwis-escape-debt\/","url_meta":{"origin":27702,"position":5},"title":"Will baby boomers cop property-tax hit to help young Kiwis escape debt?","date":"June 28, 2018","format":false,"excerpt":"\r Acting Prime Minister Winston Peter's \"aspirational\" target of an average house price equal to around five times the average annual wage may be unachievable, but it reminds me how skewed the market has become in the last few decades...\r \r Source : nzherald.co.nz\/Property\r Read more...Will baby boomers cop property-tax\u2026","rel":"","context":"In "Property 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