{"id":46223,"date":"2017-03-03T05:31:27","date_gmt":"2017-03-02T22:31:27","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/australian-economy-to-suffer-if-housing-market-crashes\/"},"modified":"2017-03-03T05:41:24","modified_gmt":"2017-03-02T22:41:24","slug":"australian-economy-to-suffer-if-housing-market-crashes","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/australian-economy-to-suffer-if-housing-market-crashes\/","title":{"rendered":"Australian economy to suffer if housing market crashes"},"content":{"rendered":"<p>&#013;<br \/>\nA crash in Australia\u2019s \u201cunprecedented\u201d housing market could lead to a broader economic downturn, according to a report from the OECD .<br \/>\nIn 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 as an \u201cextreme vulnerability\u201d for the economy.<br \/>\n\u201cA large drop off in house prices could cut household consumption and increase mortgage defaults &#8230; The market&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"http:\/\/www.scmp.com\/property\/international\/article\/2075684\/australian-economy-suffer-if-housing-market-crashes\" target=\"_blank\">Australian economy to suffer if housing market crashes<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; A crash in Australia\u2019s \u201cunprecedented\u201d housing market could lead to a broader economic downturn, according&#46;&#46;&#46;<\/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-46223","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-c1x","jetpack-related-posts":[{"id":57246,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/softness-in-the-australian-economy\/","url_meta":{"origin":46223,"position":0},"title":"Softness in the Australian economy","date":"June 7, 2017","format":false,"excerpt":"\r Gareth Aird, Commonwealth Bank, says the economy has relied on the housing and consumer sectors, which have since slowed.\r \r Source : cnbc.com\r Read more...Softness in the Australian economy","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":112973,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/australian-regulators-wont-try-to-slow-the-housing-market-analyst\/","url_meta":{"origin":46223,"position":1},"title":"Australian regulators won&#039;t try to slow the housing market: Analyst","date":"December 10, 2019","format":false,"excerpt":"\r Louis Christopher of SQM Research says authorities are hoping the rise in Australia's real estate market will feed through to greater confidence in the economy, but he has \"serious questions\" about that view because the housing recovery is not creating more jobs.\r \r Source : cnbc.com\r Read more...Australian regulators\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":148772,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-low-to-middle-income-families-far-poorer-than-oecd-counterparts-study\/","url_meta":{"origin":46223,"position":2},"title":"UK low- to middle-income families far poorer than OECD counterparts \u2013 study","date":"January 13, 2025","format":false,"excerpt":"\r Britons 39% worse off than Dutch equivalent due to housing costs 44% higher than western European averageLow- to middle-income families in Britain are far poorer than their counterparts in western Europe because of sky-high housing costs, according to an analysis by the Resolution Foundation.The thinktank said that while prices\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":117058,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/outlook-for-the-australian-economy-is-constructive-as-relief-measures-drive-recovery-stockland-ceo\/","url_meta":{"origin":46223,"position":3},"title":"Outlook for the Australian economy is constructive as relief measures drive recovery: Stockland CEO","date":"June 11, 2020","format":false,"excerpt":"\r The Australian government's coronavirus relief measures have been successful in stimulating housing demand in the country, says Mark Steinert, CEO of Stockland. He says that taking into account other targeted stimulus measures and the accelerated pace of reopening, his \"overarching view is constructive\" going into 2021.\r \r Source :\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":73109,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/oecd-unveils-gloomy-outlook-for-the-uk-economy\/","url_meta":{"origin":46223,"position":4},"title":"OECD unveils gloomy outlook for the UK economy","date":"November 28, 2017","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...OECD unveils gloomy outlook for the UK economy","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":26528,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/immigrants-are-good-for-the-economy-and-governments-need-to-explain-that-says-oecd\/","url_meta":{"origin":46223,"position":5},"title":"Immigrants are good for the economy and governments need to explain that, says OECD","date":"September 19, 2016","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Immigrants are good for the economy and governments need to explain that, says OECD","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/46223"}],"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=46223"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/46223\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=46223"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=46223"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=46223"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}