{"id":59010,"date":"2017-06-26T22:54:23","date_gmt":"2017-06-26T15:54:23","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/soaring-building-costs-sound-sour-note-for-new-zealand-economy\/"},"modified":"2017-06-26T22:59:03","modified_gmt":"2017-06-26T15:59:03","slug":"soaring-building-costs-sound-sour-note-for-new-zealand-economy","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/soaring-building-costs-sound-sour-note-for-new-zealand-economy\/","title":{"rendered":"Soaring building costs sound sour note for New Zealand economy"},"content":{"rendered":"


\nNewly qualified New Zealand carpenters are commanding six-figure salaries and construction costs have risen by half in under three years, symptoms of an unprecedented building boom straining the South Pacific nation\u2019s much-envied economy.
\nFuelled by the record number of migrants needing houses and by repairs to roads and buildings damaged by several major earthquakes, construction accounted for 13 per cent of the New Zealand economy in the March quarter. The nationwide build is forecast…
\n
\nSource : South China Morning Post
\nRead more…Soaring building costs sound sour note for New Zealand economy<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Newly qualified New Zealand carpenters are commanding six-figure salaries and construction costs have risen by...<\/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-59010","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-flM","jetpack-related-posts":[{"id":123641,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-zealand-central-bank-says-low-net-migration-could-cool-housing-prices\/","url_meta":{"origin":59010,"position":0},"title":"New Zealand central bank says low net migration could cool housing prices","date":"December 6, 2021","format":false,"excerpt":"\r Easing of soaring property costs may affect RNBZ rate rise forecast next year, says deputy governor\r \r Source : ft.com\r Read more...New Zealand central bank says low net migration could cool housing prices","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1846,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/aucklands-soaring-house-prices-spread-to-rest-of-new-zealand\/","url_meta":{"origin":59010,"position":1},"title":"Auckland\u2019s soaring house prices spread to rest of New Zealand","date":"January 18, 2016","format":false,"excerpt":"\r Runaway home prices in New Zealand\u2019s largest city are spreading through the rest of the country, potentially snuffing out the chance of further cuts in official interest rates \u2013 just as a scare over China\u2019s slowing growth argues for more stimulus.\r \r Source : South China Morning Post\r Read\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":71611,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/soaring-global-prices-push-nz-steel-up-14pc\/","url_meta":{"origin":59010,"position":2},"title":"Soaring global prices push NZ steel up 14pc","date":"November 13, 2017","format":false,"excerpt":"\r Rising international prices have prompted Fletcher Building's Pacific Steel to increase costs to its New Zealand customers by 14 per cent.Stan Clark, Pacific Steel's sales and marketing manager, wrote to customers, telling them...\r \r Source : nzherald.co.nz\/Property\r Read more...Soaring global prices push NZ steel up 14pc","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":16036,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/nation-of-debt-ready-set-crash-could-new-zealand-be-next-to-fall\/","url_meta":{"origin":59010,"position":3},"title":"Nation of Debt: Ready, set, crash – could New Zealand be next to fall?","date":"June 9, 2016","format":false,"excerpt":"\r \"We've almost got the perfect storm,\" says veteran fund manager Brian Gaynor as he reels off the many reasons New Zealand house prices and debt levels are soaring to precipitous heights.There are many ingredients. But right now,...\r \r Source : nzherald.co.nz\/Property\r Read more...Nation of Debt: Ready, set, crash -\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":17544,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/a-uk-expats-guide-to-new-zealand\/","url_meta":{"origin":59010,"position":4},"title":"A UK expat's guide to New Zealand","date":"November 27, 2012","format":false,"excerpt":"\r The country is desperate for skilled workers, making it a good match for Brits seeking employment in picturesque surroundings\u2022 Are you a UK expat in New Zealand? Show us the view from your windowNew Zealand has much to offer UK expats: the climate is good, there is plenty of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2510,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/editorial-soaring-house-prices-forcing-hard-decisions\/","url_meta":{"origin":59010,"position":5},"title":"Editorial: Soaring house prices forcing hard decisions","date":"January 25, 2016","format":false,"excerpt":"\r Rapid house price inflation is not new in New Zealand. Auckland, in particular, has had regular booms since the 1980s, to the point the city is now home to some 61 suburbs with a median house price of $1 million or more.But what...\r \r Source : nzherald.co.nz\/Property\r Read more...Editorial:\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\/59010"}],"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=59010"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/59010\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=59010"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=59010"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=59010"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}