{"id":2993,"date":"2016-01-29T14:06:08","date_gmt":"2016-01-29T07:06:08","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/housing-blew-up-the-global-economy-in-2008-and-we-learned-nothing\/"},"modified":"2016-01-29T14:12:25","modified_gmt":"2016-01-29T07:12:25","slug":"housing-blew-up-the-global-economy-in-2008-and-we-learned-nothing","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/housing-blew-up-the-global-economy-in-2008-and-we-learned-nothing\/","title":{"rendered":"Housing blew up the global economy in 2008 and we learned nothing"},"content":{"rendered":"


\nWatching The Big Short gave me deja vu \u2013 mistakes made in the US before the financial crash are being replicated in the UK housing marketFive years ago, if you\u2019d told me I\u2019d spend a Sunday evening in a sold out Peckham cinema screening of a film about the US housing market starring Brad Pitt, I\u2019d have patted you on the back and suggested you cut down on the super-strength lager. But since its release in early 2016, The Big Short, based on the book by Michael Lewis, has pulled in the crowds to see a caper movie about the 2008 financial crash, and how the housing market blew up, first the US, and then the global economy. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Housing blew up the global economy in 2008 and we learned nothing<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Watching The Big Short gave me deja vu \u2013 mistakes made in the US before...<\/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-2993","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-Mh","jetpack-related-posts":[{"id":1114,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-price-to-crash-as-global-asset-prices-unravel\/","url_meta":{"origin":2993,"position":0},"title":"UK house price to crash as global asset prices unravel","date":"January 10, 2016","format":false,"excerpt":"\r Asset prices around the world are collapsing as the global economy slows and UK housing will not escape\r \r Source : telegraph.co.uk\r Read more...UK house price to crash as global asset prices unravel","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1171,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-to-crash-as-global-asset-prices-unravel\/","url_meta":{"origin":2993,"position":1},"title":"UK house prices to crash as global asset prices unravel","date":"January 10, 2016","format":false,"excerpt":"\r Asset prices around the world are collapsing as the global economy slows and UK housing will not escape\r \r Source : telegraph.co.uk\r Read more...UK house prices to crash as global asset prices unravel","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":145403,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-a-disastrous-tory-policy-blew-up-the-housing-market\/","url_meta":{"origin":2993,"position":2},"title":"How a disastrous Tory policy blew up the housing market","date":"June 21, 2024","format":false,"excerpt":"\r In the second instalment of a special series on the emblems of Tory Britain, Oliver Wainwright looks at help to buy, a scheme that cost billions, pushed up prices, did almost nothing for new buyers \u2013 but made house builders a lot of moneyWith a penthouse in Santa Monica,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":46223,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/australian-economy-to-suffer-if-housing-market-crashes\/","url_meta":{"origin":2993,"position":3},"title":"Australian economy to suffer if housing market crashes","date":"March 3, 2017","format":false,"excerpt":"\r A crash in Australia\u2019s \u201cunprecedented\u201d housing market could lead to a broader economic downturn, according to a report from the OECD . In their first major review of the Australian economy since 2014, the OECD warned the housing market was showing \u201chints of a slowdown\u201d, in what it identified\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":131124,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/we-face-peril-because-the-uk-economy-relies-on-house-prices-here-are-three-ways-to-fix-that-fran-boait\/","url_meta":{"origin":2993,"position":4},"title":"We face peril because the UK economy relies on house prices. Here are three ways to fix that | Fran Boait","date":"October 24, 2022","format":false,"excerpt":"\r Despite promises made after the last crash, too much wealth depends on values bloated by an oversized financial sectorHouse prices are predicted to drop next year due to a mixture of financial instability caused by the misjudged mini-budget and the Bank of England accelerating interest rate hikes. This will\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":11014,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/london-had-a-sub-prime-housing-problem-now-it-has-a-super-prime-crisis\/","url_meta":{"origin":2993,"position":5},"title":"London had a sub-prime housing problem. Now it has a super-prime crisis","date":"April 20, 2016","format":false,"excerpt":"\r Across London, social housing is being demolished to build luxury towers for global investors. Only eight years since the financial crash, Anna Minton marvels at how, once again, we\u2019ve let the property market spiral out of controlLondon Housing Crisis: Have We Reached a Tipping Point? is at University Square\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\/2993"}],"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=2993"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/2993\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=2993"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=2993"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=2993"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}