{"id":75934,"date":"2018-01-07T23:00:14","date_gmt":"2018-01-07T16:00:14","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/is-the-property-ladder-just-a-myth\/"},"modified":"2018-01-07T23:03:18","modified_gmt":"2018-01-07T16:03:18","slug":"is-the-property-ladder-just-a-myth","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/is-the-property-ladder-just-a-myth\/","title":{"rendered":"Is the property ladder just a myth?"},"content":{"rendered":"


\nThe theory is that a couple owning a starter home and considering children could afford to move into a bigger property \u2013 but with household income falling, that idea is increasingly unrealisticEstate agents are sure to emphasise a property\u2019s suitability for a certain customer: \u201cthe perfect starter flat\u201d; \u201clovely family home\u201d; \u201csuitable for someone looking to downsize\u201d. But is the property \u201cladder\u201d \u2013 the idea that, in an average lifetime, homeowners will own different homes according to their needs \u2013 a thing of the past?In theory, a couple owning a starter home and considering children would find they could afford to move to a bigger \u2013 and most likely more expensive property \u2013 because their household income would have increased through salary growth and career progression. But with household income falling at the fastest rate since 1976, wage stagnation and the squeeze on the cost of living, the option for many may be dwindling. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Is the property ladder just a myth?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The theory is that a couple owning a starter home and considering children could afford...<\/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-75934","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-jKK","jetpack-related-posts":[{"id":4690,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-buyers-need-to-save-for-up-to-24-years-to-get-on-housing-ladder\/","url_meta":{"origin":75934,"position":0},"title":"UK buyers need to save for up to 24 years to get on housing ladder","date":"December 20, 2015","format":false,"excerpt":"\r Resolution Foundation research shows it can now take almost a quarter of a century for UK households to accumulate a big enough depositHomebuyers now have to save for up to 24 years to set aside a deposit large enough to buy them a foot on Britain\u2019s housing ladder, according\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1991,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/journeys-up-the-property-ladder-i-know-that-i-am-just-so-lucky\/","url_meta":{"origin":75934,"position":1},"title":"Journeys up the property ladder: \u2018I know that I am just so lucky\u2019","date":"August 11, 2015","format":false,"excerpt":"\r Even 40 years ago people still turned to their parents for help to buy their first home. Some young homebuyers from the past recall how they did it, and what owning a property has meant to themTime was that you would buy your first property when you were in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":9190,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/is-shared-ownership-a-vital-first-step-on-the-property-ladder-or-a-slippery-slope\/","url_meta":{"origin":75934,"position":2},"title":"Is shared ownership a vital first step on the property ladder, or a slippery slope?","date":"March 26, 2016","format":false,"excerpt":"\r Shared ownership can be cheap \u2013 but it can also be full of pitfalls. We talk to buyers who admit they have mixed feelings about the schemeIn April, a new era for shared ownership begins, with the government relaxing the rules on eligibility and opening it to anyone with\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":28783,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/could-we-use-the-help-to-buy-scheme-to-move-to-a-bigger-home\/","url_meta":{"origin":75934,"position":3},"title":"Could we use the help-to-buy scheme to move to a bigger home?","date":"October 6, 2016","format":false,"excerpt":"\r We\u2019re not sure we can afford the new-build property with a normal mortgage Q I am a nurse and I own a home that an estate agent recently valued at \u00a3335,000. My partner and I would like to move to a new-build property costing \u00a3550,000. We have an outstanding\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":22658,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-guardian-view-on-housing-policy-a-rethink-is-needed-editorial\/","url_meta":{"origin":75934,"position":4},"title":"The Guardian view on housing policy: a rethink is needed | Editorial","date":"August 12, 2016","format":false,"excerpt":"\r The government has boosted demand but not supply. There are too few new homes, and too many penalties on social housing. It\u2019s not a policy, it\u2019s a disasterIt is very hard to detect what this government thinks a successful housing policy looks like. In the past six years, the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":23343,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/want-to-be-happy-dont-live-in-the-uk\/","url_meta":{"origin":75934,"position":5},"title":"Want to be happy? Don't live in the UK","date":"September 22, 2010","format":false,"excerpt":"\r UK and Ireland are the worst places in Europe for quality of life \u2013 and France is the best \u2013 new study findsThe UK and Ireland have been named as the worst places to live in Europe for quality of life, according to research published today.The UK has the\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\/75934"}],"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=75934"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/75934\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=75934"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=75934"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=75934"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}