{"id":4399,"date":"2014-02-11T17:34:22","date_gmt":"2014-02-11T10:34:22","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/trebling-house-prices-mean-average-wage-would-need-to-double-to-keep-up\/"},"modified":"2016-02-11T13:07:30","modified_gmt":"2016-02-11T06:07:30","slug":"trebling-house-prices-mean-average-wage-would-need-to-double-to-keep-up","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/trebling-house-prices-mean-average-wage-would-need-to-double-to-keep-up\/","title":{"rendered":"Trebling house prices mean average wage 'would need to double' to keep up"},"content":{"rendered":"


\nShelter data shows average earnings would have to be \u00a355,296 just to keep pace with house price rise since 1997An average earner in England would be taking home an extra \u00a329,000 a year if salaries had kept pace with property prices since 1997, according to the housing charity Shelter.Spiralling house prices and a slowdown in the number of home being built in recent years mean that in many areas of the country wages have failed to keep pace with the housing market, pushing property out of reach of a growing number of people. Continue reading…
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\nSource : theguardian.com
\nRead more…Trebling house prices mean average wage ‘would need to double’ to keep up<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Shelter data shows average earnings would have to be \u00a355,296 just to keep pace with...<\/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-4399","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\/p75ss1-18X","jetpack-related-posts":[{"id":164798,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-housing-slide-deepens-as-october-prices-fall-at-fastest-pace-in-a-year\/","url_meta":{"origin":4399,"position":0},"title":"China\u2019s housing slide deepens as October prices fall at fastest pace in a year","date":"November 14, 2025","format":false,"excerpt":"\r The decline in China\u2019s home prices is accelerating, with new home prices in October \u2013 traditionally a peak month for sales \u2013 falling at the fastest pace in 12 months across the country despite government support, as the economy slows and job prospects remain uncertain. New home prices fell\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":35768,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/london-tops-cost-of-housing-survey-at-14-times-average-earnings\/","url_meta":{"origin":4399,"position":1},"title":"London tops cost-of-housing survey at 14 times average earnings","date":"November 25, 2016","format":false,"excerpt":"\r Cambridge and Oxford follow the capital at over 13 times earnings while Glasgow and Liverpool have lowest income-to-price ratioThe average cost of a home in London is more than 14 times average earnings \u2013 the highest level on record, according to figures from property consultancy Hometrack. Oxford and Cambridge\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":10150,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-pick-up-pace-with-10-1-annual-increase\/","url_meta":{"origin":4399,"position":2},"title":"UK house prices pick up pace with 10.1% annual increase","date":"April 7, 2016","format":false,"excerpt":"\r Cost of average home hits \u00a3214,811 but mortgage lender Halifax warns Brexit fears could curb housing market activityUK house price growth has picked up to hit an annual rate of 10.1%, a one and a half year high, but could ease in coming months amid Brexit fears, according to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4966,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/average-uk-house-price-reaches-288000-says-ons\/","url_meta":{"origin":4399,"position":3},"title":"Average UK house price reaches \u00a3288,000, says ONS","date":"February 17, 2016","format":false,"excerpt":"\r Pace of increase slows to 6.7% in 2015 across UK but experts warn rate still far outstrips 2% wage growth meaning housing crisis will only deepenThe price of an average home in Britain rose \u00a318,000 last year, according to government figures that also revealed sharp regional differences in the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":131872,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-fall-at-fastest-pace-since-2020-amid-fallout-from-mini-budget\/","url_meta":{"origin":4399,"position":4},"title":"UK house prices fall at fastest pace since 2020 amid fallout from mini-budget","date":"December 1, 2022","format":false,"excerpt":"\r Nationwide warns inflation and rising interest rates will weigh down housing marketUK house prices fell at the fastest pace in two and a half years in November as the fallout from Liz Truss\u2019 disastrous mini-budget put buyers off according to Nationwide, which warned inflation and rising interest rates would\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":125680,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-grow-at-fastest-rate-for-17-years\/","url_meta":{"origin":4399,"position":5},"title":"UK house prices grow at fastest rate for 17 years","date":"March 31, 2022","format":false,"excerpt":"\r Prices boom across all of UK with average price up by \u00a333,000UK house prices grew at the fastest annual pace since 2004 in March, continuing the ascent to new record levels \u2013 a fifth higher than at the start of the coronavirus pandemic.Prices rose by 14.3% in the year\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\/4399"}],"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=4399"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/4399\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=4399"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=4399"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=4399"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}