{"id":54291,"date":"2017-05-10T14:39:08","date_gmt":"2017-05-10T07:39:08","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/many-of-britains-richest-people-are-property-moguls-alice-martin\/"},"modified":"2017-05-10T14:50:03","modified_gmt":"2017-05-10T07:50:03","slug":"many-of-britains-richest-people-are-property-moguls-alice-martin","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/many-of-britains-richest-people-are-property-moguls-alice-martin\/","title":{"rendered":"Many of Britain's richest people are property moguls | Alice Martin"},"content":{"rendered":"


\nA dysfunctional British housing market, propped up by housing benefit and public investment, is making a few people very, very rich. It is a strange kind of economy where land and property routinely earn more than people do. But that is what we have \u2013 and the amount of wealth tied up in these areas has increased dramatically over the past few decades. Today the value of property in the UK stands at over \u00a35tn \u2013 nearly 60% of the UK\u2019s entire net wealth \u2013 up from just a little over \u00a31tn in 1995.Those who own land and property have benefited directly from public investment in infrastructure and services: so we are all paying into the gigantic fortunes of Britain\u2019s wealthiest property moguls. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Many of Britain’s richest people are property moguls | Alice Martin<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

A dysfunctional British housing market, propped up by housing benefit and public investment, is making...<\/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-54291","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-e7F","jetpack-related-posts":[{"id":112026,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-richest-builder-loses-wealth-while-top-10-billionaire-developers-boost-combined-worth-hurun-report\/","url_meta":{"origin":54291,"position":0},"title":"China\u2019s richest builder loses wealth while top 10 billionaire developers boost combined worth: Hurun Report","date":"October 31, 2019","format":false,"excerpt":"\r China\u2019s richest builder Hui Ka-yan, the boss of Evergrande, suffered the biggest setback among the nation\u2019s top 10 property moguls after policymakers tightened the screw on the industry to curb speculations. Second-ranked Yang Huiyan retained her position as the richest woman in the latest Hurun Report.Hui\u2019s net worth shrank\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":104729,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/property-moguls-top-singapores-richest-forbes\/","url_meta":{"origin":54291,"position":1},"title":"Property moguls top Singapore\u2019s richest: Forbes","date":"March 6, 2019","format":false,"excerpt":"\r Real estate tycoons Robert and Philip Ng who control Far East Organization lead the field with a net worth of US$12 billion. 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