{"id":55155,"date":"2017-05-17T22:16:00","date_gmt":"2017-05-17T15:16:00","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/household-debt-just-surpassed-the-record-level-reached-during-the-2008-financial-crisis\/"},"modified":"2017-05-17T22:31:33","modified_gmt":"2017-05-17T15:31:33","slug":"household-debt-just-surpassed-the-record-level-reached-during-the-2008-financial-crisis","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/household-debt-just-surpassed-the-record-level-reached-during-the-2008-financial-crisis\/","title":{"rendered":"Household debt just surpassed the record level reached during the 2008 financial crisis"},"content":{"rendered":"<p>&#013;<br \/>\nThe New York Federal Reserve reports that household debt across the nation has surpassed the peak debt level of 2008 at $12. 7 trillion.&#013;<br \/>\n&#013;<br \/>\nSource : cnbc.com&#013;<br \/>\nRead more&#8230;<a href=\"http:\/\/www.cnbc.com\/2017\/05\/17\/household-debt-levels-higher-than-2008-debt-levels.html\" target=\"_blank\">Household debt just surpassed the record level reached during the 2008 financial crisis<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; The New York Federal Reserve reports that household debt across the nation has surpassed the&#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-55155","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-elB","jetpack-related-posts":[{"id":71236,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mps-launch-inquiry-into-household-finances-as-200bn-debt-pile-looms\/","url_meta":{"origin":55155,"position":0},"title":"MPs launch inquiry into household finances as \u00a3200bn debt pile looms","date":"November 8, 2017","format":false,"excerpt":"\r Treasury select committee, chaired by Nicky Morgan, will look at borrowing and whether consumers are saving adequatelyMPs have launched a formal inquiry into household finances, as personal debt hits levels unseen since the financial crisis. The Treasury select committee will examine the debt levels of UK households as well\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":75333,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/john-mcdonnell-warns-over-alarming-increase-in-uk-household-debt\/","url_meta":{"origin":55155,"position":1},"title":"John McDonnell warns over &#039;alarming increase&#039; in UK household debt","date":"December 27, 2017","format":false,"excerpt":"\r Labour analysis finds unsecured borrowing could exceed \u00a319,000 per household by end of parliamentJohn McDonnell has said the UK is in the grip of a household debt crisis with levels of unsecured borrowing predicted to hit a record of \u00a319,000 per household by the end of this parliament.The shadow\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":55913,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tuc-urges-government-to-help-boost-pay-as-debt-nears-record-levels\/","url_meta":{"origin":55155,"position":2},"title":"TUC urges government to help boost pay as debt nears record levels","date":"May 25, 2017","format":false,"excerpt":"\r Average unsecured debt per household stood at \u00a313,200 last year \u2013 just \u00a3100 short of level before financial crisisThe TUC has urged the next government to take action to boost pay as it warned that borrowing to top up wages was poised to breach the record levels hit just\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":81874,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/jubilee-debt-campaign-seeks-40bn-write-off-of-consumer-borrowing\/","url_meta":{"origin":55155,"position":3},"title":"Jubilee Debt Campaign seeks \u00a340bn write-off of consumer borrowing","date":"March 5, 2018","format":false,"excerpt":"\r Charity behind Drop the Debt initiative in Latin America and Africa turns attention to BritainThe charity behind the Drop the Debt campaign to help developing countries stuck with problem borrowing is turning its attention to Britain, calling for government action to write off as much as \u00a340bn in spiralling\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123715,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mas-cautions-homebuyers-to-exercise-prudence-amid-rise-in-household-debt\/","url_meta":{"origin":55155,"position":4},"title":"MAS cautions homebuyers to exercise prudence amid rise in household debt","date":"December 9, 2021","format":false,"excerpt":"\r MAS cautions homebuyers to exercise prudence amid rise in household debtHousehold debt in Singapore increased between Q4 2019 and Q3 2021, with household debt accounting for 70% of Singapore\u2019s GDP during Q3 2021. With this, the Monetary Authority of Singapore (MAS) urged Singaporeans to exercise prudence when taking on\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/12\/HDB-flat-Singapore.jpg?fit=820%2C411&ssl=1&resize=350%2C200","width":350,"height":200},"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":55155,"position":5},"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 &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\/55155"}],"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=55155"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/55155\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=55155"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=55155"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=55155"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}